Hyundai Dymos to supply seats for a three-wheel vehicle manufacturer
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Elio Motors, Inc., the startup vehicle manufacturer planning to launch a three-wheel car that will get up to 84 mpg with a set US$ 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, according to a press release.
Hyundai 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.
The Hyundai Dymos investment in this production capability will provide just-in-time seating inventory to Elio Motors, which will help control costs.
"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."
The 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.
To see more about Elio Motors check out their corporate video below: