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Energy, Innovation

Automotive XPrize: Create an affordable 100mpg car

08.01.07 | 4 Comments


Concept car designed to achieve 100 miles per gallon

In the spirit of former X Prizes, this one also serves to inspire. From the press release:

SANTA MONICA, CA–(Marketwire – August 1, 2007) – The Automotive X PRIZE (AXP), a competition designed to inspire a new generation of viable, super-efficient vehicles to help break our addiction to oil and stem the effects of climate change, announced today that over 30 teams have signed a letter of intent to compete once the prize is officially funded and launched.

The international competition, in which qualified teams will compete head to head, aims to dramatically increase consumer access to ultra-efficient, clean, affordable and desirable vehicles. The 30 plus teams include diverse groups from the United States, Canada, the United Kingdom, Germany and Switzerland. More than 300 additional teams have inquired about joining and are actively considering entry.

“We are thrilled with the wide variety of teams and technologies from around the world that have expressed an interest in joining the competition,” said Dr. Peter H. Diamandis, CEO and Chairman, X PRIZE Foundation. “We are confident that the Automotive X PRIZE will motivate and bring visibility to a range of non-traditional solutions from both traditional and non-traditional players. The time for incremental change is over. We need radical breakthroughs to stem the consumption of fossil fuels. An X PRIZE can help make this happen.”

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