Crowdfunding works. Whether vying for a portion of the billions that have been raised via rewards-based platforms like Kickstarter or seeking an investment from the crowd through which fans become ...

PHOENIX – He promised to revolutionize transportation, drawing comparisons to Henry Ford and persuading roughly 65,000 people and an eccentric millionaire to invest in his vision of a futuristic, ...

ROYAL OAK, Mich. (AP) — Your next commuter car could have two seats, three wheels and get 84 miles to the gallon. Elio Motors wants to revolutionize U.S. roads with its tiny car, which is the same ...

BATON ROUGE, La. (AP) — A startup company called Elio Motors is moving into the former General Motors plant in northwest Louisiana, where it plans to build three-wheeled vehicles with high fuel ...

Because it has three wheels, the Elio is classified as a motorcycle by the U.S. government. But it looks like a car and has many of the regular features of a car, including anti-lock brakes, air bags ...

Elio responded, "Elio Motors owns all the equipment inside. The equipment is Elio Motors. The building is Shreveport Business Park and we lease it back. Equipment sales they have been sold to a ...

BATON ROUGE, La. (AP) - A startup car company called Elio Motors is moving into the former General Motors plant in Shreveport, where it plans to build three-wheeled, low-price vehicles.