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March 8, 2021
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AUTO SHOW-X PRIZE
(2008-03-20)
(wgvu) - THE GROUP BEST KNOWN FOR COMPETITIONS PROMOTING
SPACE FLIGHTS IS OFFERING 10 MILLION DOLLARS TO TEAMS THAT CAN
PRODUCE THE MOST PRODUCTION-READY VEHICLES THAT GET AT LEAST 100
MILES PER GALLON.
THE X PRIZE FOUNDATION PLAN TO ANNOUNCE THE SIZE OF THE PURSE
AND ITS SPONSOR -- PROGRESSIVE CASUALTY INSURANCE -- TODAY AT THE
NEW YORK INTERNATIONAL AUTO SHOW.
MORE THAN 60 TEAMS FROM NINE COUNTRIES HAVE SIGNED UP. THEY
INCLUDE CALIFORNIA ELECTRIC CARMAKERS APTERA MOTORS AND TESLA
MOTORS, GERMAN DIESEL CARMAKER LOREMO AND CORNELL UNIVERSITY.
TEAMS WILL BE ABLE TO SIGN UP THROUGH MID-2008. THAT'S WHEN
APPLICANTS WILL BE NARROWED TO THOSE WHO CAN PROVE THEY WOULD BUILD
PRODUCTION-READY, CONSUMER-FRIENDLY CARS.
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