April 05, 2007

X Prize to Inspire Super-Efficient Vehicles
April 4, 2007
The non-profit X Prize Foundation, known worldwide for its efforts to encourage private spaceflight, is launching a new competition to develop super-efficient vehicles that are capable of succeeding in the marketplace. The international, multi-year challenge aims to inspire teams to build desirable, affordable, fuel-efficient, and production-capable vehicles by offering a multi-million dollar cash purse. The contest is open to auto manufacturers and independent innovators alike.