On April 4, in a major announcement at the New York International Auto Show, the X PRIZE Foundation and Progressive Insurance jointly announced the company’s title sponsorship of the Progressive Insurance Automotive X PRIZE Competition and its funding of the $10 million purse. The newly renamed prize is an international competition designed to inspire the next generation of viable, fuel-efficient vehicles. The independent and technology neutral competition is open to teams from around the world who can design, build, and bring to market 100 MPGe (miles per gallon energy equivalent) vehicles that people want to buy and that meet market demands for price, size, safety, and performance. Find the press release at the foundation’s website.“Green motoring” is a hot topic. Have you been involved in such a project? Share your thoughts and experiences at the Automotive Community Forums.
X PRIZE to Reward Engineering Innovation with $10 Million Prize
