Progressive Automotive X Prize Mustang Claims 400 HP, 110 MPG; We…

80-mpg-mustang.jpgDoug Pelmear is claiming his '87 Stang is good for 400 HP and a 3 second 0-60 MPH time, all while returning a 110 MPGe figure. MPGe? Yeah, that's miles per gallon equivalent; because he's using E85 ethanol, that figure might be about 80 real miles per gasoline gallon. So, is Doug one of those garage tinkerers who…

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Progressive Automotive X Prize Officially Announced

Progressive-Automotive-X-Prize.jpgToday in the Javits Center during the 2008 New York Auto Show, X Prize Foundation President Dr. Peter Diamandis, along with New York City Mayor Michael Bloomberg, announced Progressive will be the corporate sponsor of the long stewing Automotive X prize. The Progressive Automotive X Prize will award $10 million to the…

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