Detroit 2008: Velozzi teams up with IDC of South Africa to build hybrid cars
When our own Sebastian Blanco talked to Roberto Jerez last year about the hybrid vehicle Velozzi is developing, he explained that they were focusing on creating new technology. Velozzi was looking for companies to partner with to manufacture vehicles based on the powertrains they were working on. Today they announced a partnership with International Development Corporation of South Africa to build a manufacturing plant in that country. IDC is involved in variety of different businesses and business development in South Africa and the rest of the continent. Velozzi is still pursuing their goal of building a viable 100+mpg, 200mph sports car to win the Automotive X-Prize.
(Via AutoblogGreen.)
