While we've seen a couple of entrants into the Automotive X-Prize competition so far, Team Velozzi has announced a showstopper of a vehicle that will reportedly be created for the contest. Aiming to craft a vehicle that gets around 200 miles-per-gallon and receives locomotion from potent Li-ion batteries, the R&D group's potential participant currently resembles vehicles from some of the more exotic of automakers. Curiously, the company's website insinuates that it wants the vehicle to be "mainstream," but with specs consisting of a full carbon-fiber body / chassis, Brembo brakes and racing suspension, a multi-format hybrid energy system, "high-end interior," a Weismann F1 transmission, and twin AC electric engines, we can't exactly imagine this supercar fitting into the average joe's (or jane's) budget. Still, there's no denying the sexy regardless of cost, so be sure to hit the links below to get a more in-depth view of Velozzi's forthcoming automobile.

[Via AutoblogGreen]

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Team Velozzi creating sexy Automotive X-Prize participant