New eco-car competition — March 21, 2008

Today, at the New York International Auto Show, the XPrize Foundation and Progressive Insurance announced a $10 million dollar eco-friendly car design competition. More than 60 teams from nine countries have already entered the competition where teams are tasked with designing and building vehicles that can achieve no less than 100 miles per gallon and are commercially viable.
“We’ve been working hard to make a difference in car insurance for 70 years,” said Progressive’s CEO, Glenn Renwick. “Now we have a chance to make a difference by supporting the Progressive Automotive X PRIZE. This competition will result in more choices of more fuel-efficient vehicles for drivers and will be a catalyst for moving this technology forward, faster.”
“This competition represents what we’re all about in name and spirit—new ideas, competition and always working to do better,” added Renwick. “Being a part of this gives us a chance to make a real difference.”
According to the XPrize Press Release – “The window for applications will be open until mid 2008, when a thorough qualification process will assess safety, cost, features and business plans to ensure that only production-capable, consumer-friendly cars compete. Those that qualify will race their vehicles in rigorous cross-country stage races in 2009 and 2010 that combine speed, distance, urban driving and overall performance. The winners will be the vehicles that exceed 100 MPGe, meet strict emissions standards and finish in the fastest time. Host cities involved in the competition route are to be announced shortly.”
To see the the teams that have signed letters of intent to compete and to read more about the program read here.
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http://www.sattlerclothing.com
Tagged with: eco-products • fuel-efficiency competition • Green cars • Progressive Insurance








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