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$10 million dollar Progressive Insurance Automotive X PRIZE.

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Old 07-02-2009, 01:41 PM
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greencat greencat is offline
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Default $10 million dollar Progressive Insurance Automotive X PRIZE.

On March 20th, 2008 at the New York International Auto Show, the X PRIZE Foundation and Progressive Insurance jointly announced the $10 million dollar Progressive Insurance Automotive X PRIZE. "Let the race begin!" said X PRIZE Chairman and CEO Dr. Peter Diamandis. Complete details here.

People love their cars. They are vital links to our jobs, our community, ourselves. For everything we love about them, cars are chained to the most severe global crises of our time: oil dependence and climate change.

Through an exciting partnership with Progressive Insurance, the Progressive Insurance Automotive X PRIZE invites teams from around the world to focus on a single goal: design viable, clean and super-efficient cars that people want to buy.

This will be a competition for the ages, with major publicity and $10 million waiting for the champions… and perhaps our future hanging in the balance.


On April 7th, 2009, the Progressive Insurance Automotive X PRIZE announced a complete list of all Registered Teams who have been accepted into the competition. The diverse group of teams -- 111 in all -- collectively represents 136 vehicle entries and 14 different fuel sources, from 25 U.S. states and 11 countries. Established automakers, emerging start-ups, universities and inventors are among those represented.

Having passed this first wave of judging, these teams now move one step closer to competing for their share of a $10 million prize purse that will be awarded to teams that win a rigorous long distance stage competition and can exceed 100 MPG equivalent fuel economy (MPGe).


WELCOME | Progressive Automotive X PRIZE
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Old 03-29-2010, 05:27 PM
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Default Re: $10 million dollar Progressive Insurance Automotive X PRIZE.

Wow, that's one large cash prize. I hope some new innovations come of this to warrant such a prize.
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