The 10 Best Marinas in the World. The rich and famous always have a thing for luxury expensive toys. Jerry Seinfeld, Ralph Lauren and Jay Leno have their own collection of rare and expensive vehicles and they have specially-designed garages to house these automobiles.
Elio Motors was the first startup to become a publicly traded company using the updated Regulation A+ crowdfunding rules which resulted from new securities laws within the JOBS Act (Regulation A+ is known as a âmini-IPOâ and paves the way for private companies to raise up to $50 million from the public).
Today, the company has announced its next step towards that reality. Elio Motors has started working on the next-gen prototype (called P5, because it's the fifth-gen version) that uses an updated 0.9-liter, 3-cylinder engine (made with help from IAV) and a Multi-mode Manual Transmission from Aisin.