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From concept to commercialization: Bayer MaterialScience LLC Materials and Technologies Help Drive Burgeoning Alternative Energy Vehicle Market.

Publication: Business Wire
Publication Date: 02-APR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Strategic Cooperation With Velozzi Underscores Bayer MaterialScience's Commitment to Commercially Viable, Eco-Friendly Vehicles

PITTSBURGH -- Bayer MaterialScience LLC (BMS) is joining the race to deliver commercially viable, eco-friendly alternative energy vehicles (AEVs) by applying its materials, technologies and expertise to this burgeoning market. In a demonstration of its commitment to the AEV market, BMS announced today a strategic collaboration with Velozzi, a start-up automotive OEM.

Working together with Velozzi as a participant in the Progressive Automotive X Prize (AXP) competition, BMS is helping to facilitate the journey to the ultimate destination: taking AEVs from concept cars to the showroom floor. The timing is opportune,...

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