The epsilon project brings together some of the top automotive design & engineering companies and institutes in Europe and most advanced technologies. epsilon will focus on the development of an innovative electric vehicle concept specifically de-signed for the typical transport tasks in urban areas. The epsilon vehicle will be considerably lighter, more energy-efficient and require less road space than today's sub-compact cars. Still it will offer at least the same level of safety and will therefore be much safer than powered two-wheelers and provide higher transport capacity as well as driving comfort in all weather conditions. Offering at the same time an appealing driving performance at affordable costs, the epsilon vehicle will address not only the ecological and societal, but also the economic dimension of sustainable mobility.