Carbon Motors™ Partners With BASF

August 06, 2008

ATLANTA, GA August, 6, 2008 – Carbon Motors Corporation and BASF Corporation today announced that Carbon Motors has chosen the Coatings Division of BASF as its partner for the development of film chemicals and processes to be used on the thermoplastic exterior skin panels of the Carbon E7 Law Enforcement Patrol Vehicle, currently being designed and engineered by Carbon Motors. Terms of the agreement were undisclosed.

“We are delighted to work with the team at BASF Coatings, who have been at the forefront of research and development of automotive film finishes for many years. It is unusual for an OEM to enter into a partnership with suppliers who will not be in their first tier, but we thought it important to establish a relationship with BASF to ensure our exterior film suppliers and panel molders understand the technology we want to use, and can proceed with confidence knowing they have BASF resources for support as we develop the E7 exterior,” remarked Alan J. Bratt, Executive Vice President and Chief Production Officer, Carbon Motors Corporation. Mr. Bratt also stated that using the BASF UV-cured film technology allows for the coating of a vehicle with minimal cost and environmental impact.

Jay Baker, Group Vice President of BASF’s Coatings Division, said, “We are thrilled to be working with Carbon Motors on its new E7 vehicle. Carbon Motors is exactly the type of innovative and environmentally-minded company that can take full advantage of the technological capabilities of BASF. The E7 will be the first vehicle to use UV cure film technology on the entire exterior surface.”

Production of the Carbon Motors E7 Law Enforcement Patrol Vehicle is expected to begin in the 2012 timeframe.

About Carbon Motors Corporation

Carbon Motors Corporation is developing and will manufacture, distribute, and service the world’s first purpose-built law enforcement patrol vehicle. You can learn more at www.carbonmotors.com.

About BASF – The Chemical Company.

We don’t make a lot of the products you buy. We make a lot of the products you buy better.® BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,000 employees in North America, and had sales of approximately $16.4 billion in 2007. For more information about BASF’s North American operations, or to sign up to receive news releases by e-mail, visit www.basf.com/usa.

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner, BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges, such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost €58 billion in 2007. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.