111 Teams To Vie For $10 Million in Automotive X PRIZE Awards
Officials from the Progressive Insurance Automotive X PRIZE have formally recognized 111 registered teams that will be allowed to compete for their chunk of $10 million in the ongoing race to develop vehicles that are capable of getting in excess of 100 mpg. This elite group, which includes entries from 25 states and 11 countries, plans to enter 136 different vehicles that run on 14 different kinds of fuel.
"We are thrilled with the wide variety of teams and technologies from around the world that are joining us in this competition," said Dr. Peter H. Diamandis, Chairman and CEO, the X PRIZE Foundation. Being accepted as a registered team is a major milestone. This is also an exciting step for the foundation as we move closer to our goal of inspiring a new generation of real, clean, safe and super fuel-efficient vehicles."
The next step in the competition is design judging that involves submitting detailed information about the potential production capabilities of each entry as well as making presentations on its safety systems and overall business feasibility. Proposals that are deemed realistic will then be constructed and subjected to a series of real-world testing and evaluation events. Specifics on that aspect of the competition, which will be held at a number of different locations and venues throughout the U.S. during 2010, are due to be released by July 2009. Winners in the Competition Division will be named in two classes, Mainstream and Alternative. Earlier this year the X PRIZE Foundation added a third Demonstration Division to the program that's meant to serve as a venue for existing auto manufacturers to showcase their latest mileage-enhancing technologies. For more information on rules and a complete list of registered entries, visit www.progressiveautoxprize.org