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Elio Motors Selects Alpine 4 For Product, Manufacturing And Engineering Resources
Elio Motors Selects Alpine 4 For Product, Manufacturing And Engineering Resources.
About this update from Elio Motors Inc
[{"type":"text","content":"\n\n\n\nElio Motors Selects Alpine 4 For Product, Manufacturing And Engineering Resources\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nElio Motors Selects Alpine 4 For Product, Manufacturing And Engineering Resources\nAgreement Provides, Startup Fuel Efficient Vehicle Manufacturer Alpine 4's 6th Sense Auto™ Product Platform, BrakeActive Safety Device, Data Sharing\nPR Newswire\nPHOENIX, Feb. 2, 2017\n\n\n\nPHOENIX, Feb. 2, 2017 /PRNewswire/ -- Alpine 4 Technologies Ltd. (OTCQB: ALPP), a technology and manufacturing holding company initially targeting the national automobile dealership market, announced today that it has signed a Letter of Intent (LOI) with Elio Motors Inc. (OTCQX: ELIO) to provide the innovative high mileage vehicle manufacturer its 6th Sense Auto™ and BrakeActive products, as well as related manufacturing, data sharing and engineering resources. \n\nElio Motors, based in Phoenix, is a high-profile startup vehicle manufacturer planning to launch an ultra-efficient, two-person three-wheel vehicle, the Elio, that will get up to 84 mpg with a set base price of $7,300*. The Elio, to be sold initially in the U.S. market, will be built at a former General Motors plant in Shreveport, LA. More than 64,000 customer reservations have been recorded for the Elio and the Company anticipates commercial mass production to begin in 2018.\n\nStrong current demand is reflected by over 64,000 customer reservations. Management anticipates assembling the 100 S1 prototypes for real-world evaluation during 2017 with commercial mass production to follow in 2018.\n\nThe LOI between Alpine 4 and Elio Motors also includes the sharing of such things as sales data and user acceptance, and all data collected from the cloud-based 6th Sense Auto System. 6th Sense Auto is designed for the modern \"connected car\" and collects data on such things as inventory management, engine diagnostics, service maintenance and personalized customer support through wireless software. \n\nBrakeActive is an innovative, high-margin aftermarket programmable brake-light safety...