Wed, December 18, 2013
3 Wheel Car?
A start-up company hopes to start selling a three-wheel car in the US.
Engineering executive Paul Elio is seeking $200 million so he can start production on the car next year.
It will be called Elio and he hopes to sell it for as little as $6,800. He claims gas mileage as high as 49 miles per gallon in the city, 84 mpg on the highway.
It has one door, two seats and three wheels. The driver sits in front of the passenger.
With its three-cylinder, 55-horsepower engine, it has a top speed of 100 miles per hour.