Thermoplastic vulcanizate composition with bi-continuous nanostructured morphology

A thermoplastic vulcanizate composition, comprising a first phase bi-continuously intertwined with from about 10 wt % to 80 wt % of a second phase throughout the composition, and from about 0.1 wt % to about 10 wt % of a curative system, the first phase comprising polypropylene and the second phase comprising an at least partially cured elastomeric rubber composition, comprising from about 10 wt % to about 40 wt % ethylene, from about 5 wt % to about 10 wt % of a conjugated diene having from 4 to 12 carbon atoms, and from about 50 wt % to about 85 wt % of a C4-C8 alpha olefin, based on the total weight of the elastomeric rubber composition present. A process for making is also disclosed.