Elio Motors is a development stage company that designs and manufactures affordable and fuel-efficient three-wheeled vehicles. The company aims to create thousands of American jobs, reduce dependence on foreign oil, reduce emissions, and positively impact the trade deficit. The company's first manufacturing site will be in Shreveport, Louisiana, and the three-wheeled Elio vehicle is engineered to achieve up to 84 mpg on the highway, exceed safety standards, and offer amenities such as power windows, air conditioning, and multiple airbags. The base price for the vehicle is $7,300, and the company has non-refundable reservations available until a total of 65,000 are made.