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new york auto show
Progressive Automotive X Prize Officially Announced
Today 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 winning team after a head-to-head competition scheduled to happen sometime in 2009. The entries must be safe, production capable, and deliver at least 100 mpg. The teams will compete in three different classes — a mainstream class for four wheel, four passenger entries, an Alternative class to push the boundaries of technology, and in 2011, a manufacturers prize for established companies.More »
3:45 PM on Thu Mar 20 2008
By Ben Wojdyla
1,251 views,
19 comments
Latest by cosmonot: @Mad_Science: Easy. Just get the insurance companies to turn it into the only car dumb drivers can afford to insure, and there will be a market for it. Hit too many people this year? Got too many speeding tickets? Thought you more »
