This funny-looking, three-wheeled car was introduced yet again to audiences. This time it was at the Los Angeles Auto Show, according to an article from MasterHarold.com published on Wednesday.
The Elio P5, which had another prototype unveiled to audiences at the LA Auto Show, will be very close to what the actual production car will look like. The three-wheeled commuter car currently has 47,000 potential customers interested in the vehicle which reportedly will achieve 84 miles per gallon with an eight gallon fuel tank.
The costumers who have submitted reservations for the two-seater could begin receiving them as early as late 2016 for Elio Motors’ target price of $6,800.
Due to the low weight of 1,250 of the vehicle, it will be capable of going from 0-60 in 9.8 seconds with a 0.9 liter, 3 cylinder engine which will produce 55 horsepower.
“The P5 build is another important step in our march toward production and is the culmination of several important strategic initiatives we have completed or launched in the past several months,” Elio Motors said. “The completion of our engine prototype, our offering to accredited investors, and our recent supplier summit are all excellent examples of the progress we continue to make every day.”
The American-based startup is headquartered in Phoenix, Arizona. The P5 will be produced in Shreveport, Louisiana, which is the location of a previous GM plant. The low-cost commuter car is drawing attention nationwide.
The P5 is the result of the current trend of several startups attempting to build 3-wheeled cars. The draw for these types of cars is their inexpensiveness and thrill of driving. The smaller vehicles typically feature open bodies like motorcycles, or in the P5’s case, are completely closed in like a traditional automobile. There are legitimate signs of interest in the P5 and other three-wheeled cars.