Elio Motors, a new automotive company, has a three wheel vehicle slated to be released in 2015.
Three-wheel $6,800 car gears for 2015 US launch
The sleek three-wheeled car looks futuristic, but, as its creator acknowledges, it uses no new technology.
What makes the Elio Motors vehicle unique is its ultra-high fuel economy and an ultra-low price tag: $6,800.
The vehicle, which was on display at the Showstoppers startup showcase on the sidelines of the Consumer Electronics Show in Las Vegas, promises to deliver as much as 84 miles (134 kilometers) per gallon (3.8 liters) of gasoline for highway driving.
It accelerates as quickly as many cars on the road -- to 60 miles (100 kilometers) per hour in 9.6 seconds, according to the company. Urban fuel economy is estimated at 49 miles per gallon.
Company founder Paul Elio said he came up with the idea because "I got mad about seeing all this wealth leave the country" for imported petroleum.
An engineer by training, Elio began the firm in 2008 and recently took over an abandoned General Motors plant in Louisiana -- one which had been producing the gas-guzzling Hummer.
In order to deliver the best fuel economy, the car has a cockpit wide enough only for the driver, with a passenger seat in the rear. It has two wheels in front and tapers in the rear to a single wheel.
"Front-to-back seating, that's the key to mileage," Elio told AFP.
Three-wheel $6,800 car gears for 2015 US launch