The Loremo GT would have been based on a three-cylinder turbo diesel engine and with this configuration the vehicle still would have managed to achieve 87 miles per gallon.

According to the company, the Loremo LS base model would have produced only 50 grams of carbon dioxide per kilometer, which would have been better than any other car on the market in terms of environmental sustainability.

By comparison, the next most energy efficient model was the Smart by German automaker Daimler AG which produced 88 grams of carbon dioxide per kilometer.

In September 2007, the company successfully accomplished the car's proof of concept in Frankfurt, as part of the annual International Motor Show.

However, in light of diminishing fossil fuels, an electric motor was expected to be available in the lineup in addition to the originally planned models.

According to the company, on 11 April 2009 the electrical version Loremo EV drove for the first time on public roads and reached speeds of up to 100 km/h.