Elio Motors, Linamar Sign Letter of Intent to Manufacture and Market the Elio Engine Across the Globe

Elio Motors Logo. (PRNewsFoto/Elio Motors)PHOENIX, May 17, 2016 /PRNewswire/ — Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg with a targeted base price of $6,800, today announced that it has signed a Letter of Intent with Linamar Corp, one…

Source: PRNewsWire-Energy

Elio Motors, Linamar Sign Letter of Intent to Manufacture and Market the Elio Engine Across the Globe