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New York City Announced as First Stage of the $10 Million Progressive Insurance Automotive X PRIZE Competition

March 24, 2008 New York, NY—Mayor Michael Bloomberg has announced that New York City will kick off the $10 million cross-country Progressive Automotive X PRIZE race in September 2009. The announcement came just weeks before the one year anniversary of PlaNYC, the City’s plan to create a greener, greater New York. “The Progressive Automotive X PRIZE is an excellent example of how the private sector can spur solutions to our...

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X PRIZE Foundation & Progressive Insurance Join Forces to Officially Announce the $10 Million Progressive Automotive X PRIZE

NEW YORK (March 20, 2008) – Today at the New York International Auto Show, the X PRIZE Foundation and Progressive (NYSE:PGR) jointly announced the company’s Title Sponsorship of the Progressive Insurance Automotive X PRIZE competition and its funding of the $10 million prize purse. The newly renamed Progressive Automotive X PRIZE is an international competition designed to inspire a new generation of viable, super fuel-efficient...

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Subaru to Evaluate Quick Charge Electric Car with New York Power Authority

NEW YORK, March 20, 2008 – Subaru today announced that it would begin evaluating its R1e electric vehicle (EV) in the United States this summer. The Subaru R1e will be on display at the New York International Auto Show, from March 21-30 at the Jacob Javits Convention Center. Based on the Subaru R1 minicar sold in Japan, the R1e was developed by Subaru in partnership with the Tokyo Electric Power Company, Inc. (TEPCO). The utility has been...

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Tesla Motors Begins Regular Production of 2008 Tesla Roadster

San Carlos, Calif. – (March 17, 2008) — Regular production of the 2008 Tesla Roadster commenced today, marking an historical milestone for Tesla Motors and a watershed in the development of clean, zero-emissions vehicles. First unveiled as a prototype on July 19th, 2006, the revolutionary Tesla Roadster generated an extraordinary response from people everywhere who were inspired by the vision that beautiful, high performance cars...

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Biofuels maker says airlines worried about survival, not CO2

By Nichola Groom LOS ANGELES (Reuters) – U.S. airlines are too worried about survival to address the big impact their planes are having on the environment, the company behind the world’s first commercial bio jet fuel plant said on Tuesday. Solena Group, which is developing a facility in California to make renewable jet fuel from municipal waste, is banking on the European Union’s proposal to cap airlines’ emissions...

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Better Battery Technology Could Soon Power Your Car

ECOstrive – A123Systems has a battery technology that powers DeWalt tools today, but could be powering electric and Plug-in Hybrid cars tomorrow. DeWalt’s new 36 volt cordless systems use A123Systems’ new m1 Nanophosphate™ lithium ion battery technology to get 2 to 3 times the run time, and cut charging time to about 1 hour. But the real promise will be the use in electric vehicles. The technology yields an incredible...

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