Bayer MaterialScience LLC underlines commitment to commercially viable alternative energy vehicles

04-Apr-09

Bayer MaterialScience LLC (BMS) has recently announced a strategic collaboration with Velozzi, North America's start-up automotive OEM, to extend development of commercially viable, eco-friendly alternative energy vehicles (AEVs) by applying its materials, technologies and expertise to this burgeoning market. 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. BMS supports both traditional and non-traditional OEMs, such as Velozzi, with high-performance materials including plastics, polyurethanes, carbon nanotubes, coatings, adhesives and sealants to create low-weight, high-efficiency AEVs. Velozzi is designing multiple lightweight, plug-in, multi-fuel hybrid electric vehicles that will utilize a number of materials and application technologies from BMS. "BMS is committed to the AEV market and has a deep understanding of the role innovative materials play from concept through commercialization," said David Loren, market lead, PCS Group, BMS. "We are actively seeking collaborations with suppliers and OEMs to help them navigate through the complex AEV challenges such as vehicle weight and manufacturability," Loren added."