Automotive X Prize

The same folks who came up with the Lunar X prize and who awarded $10 million for the first private space flight to loft three people 100 km above the earth, twice in two weeks, also have an Automotive X Prize, a $10 million dollar prize offered for earth saving automotive designs, with say, 100 mpg bonafides.

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.

We aim to break this deadlock through the most radical approach to innovation yet – the X PRIZE.

The Automotive X PRIZE will invite 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 a big sack of cash waiting for the champion, and perhaps our future hanging in the balance.

Automotive X Prize

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CNN Report

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