3 Wheeled Wonder

Since GM isn’t using it for anything productive, entrepreneur Paul Elio is planning on retooling their Shreveport, LA plant to produce these neat 2 seaters:

Purportedly it will meet all Federal Safety and emissions regulations, get 49 mpg city/ 84 highway, and be cheaper to register since technically it falls under the “motorcycle and trike” classification of most DMVs.  At a planned MSRP of $6800, its less than 1/3 the price of a new Prius, too.

Another really interesting concept here is the payment schedule- buyers would pay a nominal down payment, and then receive a credit card which charges them triple the current gas price whenever they fill up, with the surplus used to pay down the vehicle loan.

All he needs is another 200M to get it off the ground. Peanut money, really…

5 Responses to “3 Wheeled Wonder”

  1. BrianN says:

    Sounds a little like TATA motors’ cheap car. Except hoepfully not as cheap.

    I see smart cars all the time, these days. They don’t look that smart, but they sure are small.

  2. BrianN says:

    Oh yeah, this reminds me, what ever happened to China’s BYD electric car that was supposed to revolutionize everything?

  3. Dan says:

    I know it’s got 2 in front and 1 in back, but I still see this and think of the best episode of Top Gear.
    http://www.youtube.com/watch?v=QQh56geU0X8

  4. Pitt says:

    9 times out of 10, when something comes along that’s supposed to “revolutionize” the way we do “something”, it ends up on the dungheap of human history.

    That said, I kinda like this idea. It’s cheap, economical, fits the needs of most commuters, and actually looks somewhat fun to drive. Unlike a Smart car, which just makes you look like a tool.

    @Dan,

    Calling a “Best Episode” of Top Gear is like proclaiming a “best way to drink beer”. All of them are pretty damn good. And whoever thought up the concept of the Reliant Robin was probably working for a comedian.

  5. matt says:

    “9 times out of 10, when something comes along that’s supposed to “revolutionize” the way we do “something”, it ends up on the dungheap of human history.”

    Sorry I’m replying to this so late. It took me a while to get here on my Segway.

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