X Prize offering $10M purse for 100-mpg vehicle

The X Prize Foundation, best known for its competitions promoting space flights, is offering $10 million to the teams that can produce the most production-ready vehicles that get 100 miles per gallon or more.

The foundation was to announce the size of the purse and its sponsor, Progressive Casualty Insurance Co., on Thursday at the New York International Auto Show.

http://www.cnn.com/2008/TECH/science/03/20/mpg.xprize.ap/index.html

Comments

[Giselle Coach]

wow I sure hope this motivates our next generation of new type of engery for our cars.