With this in-house developed hybrid vehicle, Velozzi will participate to the 2009 Automotive X Prize challenge, a racing event open to alternative energy concept vehicles, specifically developed for production.

Among the goals of the competition is the development of a viable production car which can be desirable.

Velozzi Group has choosen to create a classic sportscar with a design inspired by Italian GTs.

For Velozzi's team the challenge will be to integrate all the hi-tech features (such as composite chassis and racing suspensions) in a "viable" project.

This extreme hybrid sportscar is powered by two AC electric motors, with lithium ion battery pack, which can be recharged by an on-board micro turbine running on several tuypes of fuels.

Claimed performances are a top speed of 200 mph and a 0-60 mph acceleration in under 3 seconds.

Among the technical highlights are the carbon fiber body and chassis, F1-derived gearbox and racing suspensions and brakes.

High resolution images are available on Velozzi's gallery.

About Automotive X Prize

The goal of the competition is to stimulate technology, manufacturing and marketing innovations, in order to reduce oil consumption and harmful emissions.

The theme is a super-efficient vehicle (100-250 mpg) which can also be desirable and marketable.

The winner will receive 25 million dollars to license technology to automakers.

You can read additional information on Autoblog Green or on the Automotive X Prize official website.

About Velozzi

Beverly Hills-based Velozzi is a Research and Development Organization that works in the field of alternative energy vehicles and alternative fuels.

It employes scientists, car designers and engineers. Clients and partnerships include JPL-NASA, Pasadena Art Center, U.S. Armed Forces and Sony Corporation.

President of Velozzi is Roberto Jerez, car designer and winner of the 2006 Michelin Design Challenge.

For more information visit www.velozzi.org.

(Source: Autoblog Green)