New Cars Too Pricey for Many

[MNomadic]

https://www.eliomotors.com

I've been following this startup for a few years now. If they ever start production, they will have quite a value proposition:
-brand new car for under $8k
-80miles/gal
-american made

Yeah, I've been following them as well. They look really interesting for folks in dense urban areas but a lot of people don't like their aesthetic. They remind me a lot of motorcycles with a car-like body.

They sent me a note about their cryptocurrency ICO to raise money. If that takes off they should have the funding they need to start production.

Wow, I'm not a big fan of ICOs.

Yeah the motorcycle style is definitely not appealling to everyone but it does have it's benefits: easier to park & can use carpool lane with only 1 occupant.

I think they're target customers are going to be urban/suburban people who want a second(or third+) car to handle their daily commuting.