And in case you haven’t noticed, the world, and personal space along with it, is shrinking. We simply need to evolve to more efficient and practical forms of transportation.

We need a new way to get around. And Elio is that new way.

Never has different, sexy, and fun tag teamed so well with serious, practical, and smart.


  • Elio is American made
  • 3 days of charge-free commuting
  • Engineered to deliver the highest safety standards
  • All for an unheard-of targeted $14,900* base price

The positive impact of Elio ripples well beyond personal owner benefits. It will generate thousands of jobs while setting a whole new standard for environmental friendliness.

So, why Elio? A better question might be “Why anything else?”

How It All Began?

American ingenuity is alive and well. And the world has never been more ready for it.

A few short years ago, automotive enthusiast Paul Elio sized up the prevailing status quo of personal transportation. He saw the soaring costs of the vehicles we drive and electric options going even higher. He saw Americans struggling with an economy that was taking too much and giving back too little. Paul Elio decided that the world was ready for something radically new. The result? A three-wheeled masterpiece of automotive brilliance that bears his name.

Paul set out from there with a clear-cut mission statement:

To provide a fun-to-drive, super-economical personal transportation alternative, that’s affordable, safe, and environmentally friendly. We are committed to the American dream, creating American jobs, and bringing American automotive ingenuity to every vehicle we build. This is, and will remain our mission at Elio.

For students the vehicle would offer a safe and reliable means to move around campus. It would allow families with minivans and SUV’s to add an economical commuter vehicle to the driveway. For pure enthusiasts, it would deliver on flat out fun – with a potential for customizing as unlimited as imagination itself. Paul Elio envisioned a vehicle that’s truly for everybody, and its inflation-defying targeted $14,900* base price, sticker price ensures that practically everyone could afford one.

Paul Elio Founder and CEO

As noted, Paul Elio’s vision also included providing vital American jobs. This meant of course that he would tap the best of America’s automotive know-how on all levels of design and manufacturing. Paul Elio has never wavered from his mission. And the result is a three-wheeled expression of automotive brilliance that bears his name.

Elio is an idea whose time has come – and that time is now!

The Elio Mission

To provide a fun-to-drive, super-economical personal transportation alternative, based on a list of consumer focused “must-haves” that keep our vehicles affordable, safe, and environmentally friendly.

We are committed to the American dream, creating American jobs, and
bringing American automotive ingenuity to every vehicle we build.

This is, and will remain our mission at Elio.

Say Hello to up to the ultimate electric commuter vehicle, American made for only targeted $14,900* base price!

Board Members

Giants on Board.

By any measure, the Elio Board of Directors makes for an impressive roster of industry icons. Each one intensely focused on the Elio vision of transforming the American transportation industry. We invite you to click on and read their bios.

James Holden

Board Member

Mr. Holden is the former Chief Executive Officer of DaimlerChrysler, where he worked in various leadership positions for 19 years. His roles included Executive Vice President of Sales and Marketing responsible for directing all of the automaker’s sales, fleet, and marketing organizations in the United States, Mexico, and Canada, including Mopar parts operations. In addition, he serves as a director of Sirius XM Radio Inc., Snap-on Inc., and Speedway Motorsports. Mr. Holden was a director of Motors Liquidation Company until its dissolution in December 2011. Formerly, Mr. Holden served as a director for Meridian Automotive Systems, Inc. Mr. Holden earned a B.S. in political science from Western Michigan University and a M.B.A. from Michigan State University.

Ken Way

Board Member

Mr. Way served as the Chief Executive Officer of Lear Corporation from 1988 to September 2000 and Chairman of the Board from 1988 to December 2002. Mr. Way served with Lear Corporation and its predecessor companies for 37 years in various engineering, manufacturing, and general management capacities. During his career he has served as a Director for several organizations, including Wesco International Inc., Wesco Distribution, Inc., CMS Energy Corporation, Consumers Energy Company of Consumers Gas Group, North American Rubber Inc., Cooper-Standard Holdings Inc. (formerly, Cooper- Standard Automotive Inc.), Cooper-Standard Automotive NC L.L.C., and Cooper-Standard Automotive FHS Inc., United Way Cancer Institute, Business Leaders for Michigan, RP Scherer Corporation, Lear Corp., Comerica Inc. (Holding Company of Comerica Bank), Catalent Pharma Solutions Inc., and Detroit Renaissance, He is a Trustee of Kettering University and Henry Ford Health Systems.

Stuart Lichter

Board Member

Mr. Lichter is founder, President and Chairman of the Board for IRG, LLC. He oversees all critical aspects of the business, including acquisitions, leasing, and property management at IRG. Mr. Lichter has held positions with General Services Administration of the United States Government, Mortgage Loan Department of New York Life Insurance Company, Marine Midland, and started Quadrelle Realty Services, Inc. In recent years, he has acquired, in various forms and partnerships, over 100 industrial and commercial properties with a total size in excess of 100,000,000 square feet-making the portfolio the largest private holding of industrial and commercial real estate in the nation. Mr. Lichter is a national leader in transforming former military bases and industrial sites into thriving retail, residential and business.

Hari Iyer

Board Member

Mr. Iyer brings nearly 25 years of product development, business strategy and operations expertise in the automotive industry, and brings to Elio Motors his valuable experience from several executive level and senior operating positions for established and startup automotive companies.

Most recently, Mr. Iyer was Executive Vice President at Envia Systems, a Silicon Valley battery company backed by venture investors, where he led all aspects of business strategy and product commercialization. Prior to Envia, Mr. Iyer was Vice President, Engineering at Next Autoworks, a Kleiner Perkins, and Google Ventures funded company. At Next, Mr. Iyer set the original vehicle architecture, led the selection of vehicle technologies and suppliers, was responsible for all module engineering teams (Powertrain, Chassis, Exterior, Interior, Electrical & Vehicle Integration), and was accountable for all vehicle goals, including Safety, Bill of Materials Cost, Fuel Economy, Drivability, Vehicle Dynamics, Craftsmanship, and Product Quality.

Mr. Iyer also created and directed the industry’s first collaborative vehicle development process called CarWorks (modeled after Lockheed Martin’s Skunk Works that developed the first stealth aircraft for its structure as an elite development team tasked with achieving breakthrough innovation under aggressive time and budget constraints), which involved appointing around 65 major Tier-1 automotive suppliers at the C-level executive and Division President level. The lean and collaborative process resulted in the completion of higher quality, soft-tooled running prototypes in one-third of the budget used by traditional OEM programs. Mr. Iyer successfully led his team to deliver the first production-intent prototypes, performing highly against competitive vehicles and logging over 5,000 miles without technical issues.

Before Next Autoworks, he was co-founder and Chief Operating Officer at ESG Engineering, a product development firm specializing in automotive and clean tech applications. Mr. Iyer began his automotive career at Johnson Controls (JCI) Automotive Systems Group, where he was involved in several OEM programs for interiors components.

Mr. Iyer received his M.S. in Mechanical Engineering from Penn State and his M.B.A. from Stanford Graduate School of Business.

David C. Schembri

Board Member

Mr. Schembri previously was the President of smart USA, a Penske Automotive Group company. He was responsible for the successful launch of smart USA (a division of Mercedes-Benz), which included establishing and maintaining a sales and service retail network, customer relations, logistics, advertising, marketing, PR, government relations, and a parts distribution network.

Mr. Schembri has over 35 years of automotive experience. The majority of his career was realized in various executive positions at Mercedes-Benz and Volkswagen. While at Mercedes Benz, Dave served as both the Vice President of Sales and Vice President of Marketing. During his tenure, Schembri was responsible for several successful product launches while the company recorded 11 consecutive record years in new vehicle sales. In addition to his corporate responsibilities, Mr. Schembri served on the Board of Directors for the Boomer Esiason Foundation (BEF) in their effort to raise funds for research to find a cure for cystic fibrosis.

Mr. Schembri is currently the CEO of the Active Aero Group, a Platinum Equity Company. He attended the University of Detroit, where earned both his Bachelor’s degree and his MBA.