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The Progressive Automotive X Prize

http://www.progressiveautoxprize.org/

On March 20th 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 newly renamed 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 race for the ages, with major publicity and $10 million waiting for the champions… and perhaps our future hanging in the balance.

Download and review the draft competition guidelines...
The goal of the Automotive X PRIZE (AXP) is to inspire a new generation of super-efficient vehicles that help break our addiction to oil and stem the effects of climate change.

A multi-million dollar cash purse will be awarded to the teams that win a long-distance stage race for clean, production-capable vehicles that exceed 100 MPG equivalent (MPGe).

The AXP will encourage production-capable vehicles and products (not concept cars) through tough entrance requirements, judging criteria, and race courses that test and reward manufacturability, marketability, safety, durability and performance.
 
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