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Hyundai Dymos to Set Up Seat Manufacturing Capability at Elio Motors Shreveport, La., Manufacturing Facility
Hyundai Dymos to Set Up Seat Manufacturing Capability at Elio Motors Shreveport, La., Manufacturing Facility.
About this update from Elio Motors Inc
[{"type":"text","content":"\n\n\n\nHyundai Dymos to Set Up Seat Manufacturing Capability at Elio Motors Shreveport, La., Manufacturing Facility\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\nHyundai Dymos to Set Up Seat Manufacturing Capability at Elio Motors Shreveport, La., Manufacturing Facility\nInvestment Will Create Jobs, Help Control Elio Motors Costs\nPR Newswire\nPHOENIX, Oct. 25, 2016\n\n\n\nPHOENIX, Oct. 25, 2016 /PRNewswire/ -- Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheel vehicle that will get up to 84 mpg with a set $7,300* base price, today announced Hyundai Dymos as its seating manufacturing partner. Hyundai Dymos will set up production capability onsite at Elio Motors' Shreveport, La., manufacturing facility.\n\n\nThe Hyundai Dymos investment in this production capability will help create additional jobs in Shreveport. In addition, it will provide just-in-time seating inventory to Elio Motors, which will help control costs.\n\n\"This is another step in the right direction for our company, our future customers and the Shreveport community,\" said Paul Elio, founder and CEO of Elio Motors. \"We are thankful for Hyundai Dymos manufacturing support, its commitment to our long-term success and its commitment to Shreveport.\"\n\nThe move further supports Elio Motors' plan to bring many of its core suppliers into its manufacturing facility in Shreveport. The onsite supplier team helps control costs by reducing inventory and simplifying logistics. In addition, bringing its supplier partners to Shreveport is good for the community's economy.\n\nHyundai Dymos was launched by Hyundai Motor Group in 1994. In addition to Shreveport, the company has North American operations in West Point, Ga., San Luis Potosi, Mexico, Monterrey, Mexico and Farmington Hills, MI\n\n\"Elio Motors is a unique and innovative company, both in their vehicle design and how they interact with their supplier partners,\" said Randy Baker, General Manager, Sales, Marketing and Quality assigned to Elio Motors. \"We are proud to be part of this revolutionary vehicle laun...