X-Prize competitor partners with South Africa's IDC to build plug-In hybrid sports car in the African nation.
[EV World editor's note: Velozzi is a California start-up that is participating in the X-Prize, not an Italian sports car builder as reported below. See EV World's The Next X-Prize Beckons Velozzi].
It’s super sexy, green and to be made in South Africa.
A press release jointly issued by Italy’s Velozzi, a sports car manufacturer, and the Industrial Development Corporation (IDC) of South Africa announced a partnership two weeks ago to develop a range of sleek new plug-in hybrid sports cars.
Priced at $24,400 MSPR, the Altima Hybrid has been certified by the Internal Revenue Service as meeting the requirements for the Alternative Motor Vehicle Credit, thereby qualifying for a tax credit of $2,350.
The Small Hybrid Sports Concept is a sports car that features advanced hybrid technology - proving stylish design and driving enjoyment can be combined with low environmental impact. It was designed by Honda R and D Europe, based in Offenbach, Germany.
A UK government challenge to produce a medium/small vehicle with CO2 emissions of less than 100 g/km has seen engineering company Ricardo team up with PSA Peugeot Citroen and UK research group QinetiQ to develop an innovative diesel full-hybrid.