What Happened?
Phoenix, AZ-based Elio Motors Appointed Paul Elio as Chief Executive Officer
About the Company
Elio Motors, Inc. was founded in 2008 by automotive industry veteran Paul Elio. Elio is poised to make a game-changing impact beyond sales; creating thousands of jobs, reducing dependence on foreign oil, reducing emissions, and favorably affecting the trade deficit by reducing foreign oil purchases and exporting vehicles.
About the Person
Paul Elio is the Founder, Chief Executive Officer, and Director of Elio Motors, Inc. Paul graduated from General Motors Institute & the Engineering and Management Institute (now Kettering University) in Flint, MI, Magna Cum Laude with a degree in Mechanical Engineering. With over 18 years of engineering and executive management experience, Mr. Elio has spent much of his time in the automotive space focused on technology development. Holding numerous patents related to mechanisms, Mr. Elio began his career at Johnson Controls, the global diversified technology and industrial leader, and was a founding partner of ESG Engineering, the company that became known for quickly moving ideas from concept to reality. One of ESG`s key projects was the three-wheeled vehicle now known as the Elio. In 2008, many industry changes were quickly happening, and since ESG Engineering`s business was based primarily on new product development the company struggled to survive. Upon realizing the vast potential of the Elio, Paul created Elio Motors and began the process of fighting the challenges associated with starting a new transportation company. Adhering to four tenets throughout the development process ensured a high quality product: a) ultra-low sticker price, b) ultra-high mileage, c) engineered to the highest safety standards and, d) low risk=existing technology=no R&D.
Info Source
Press Release
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