WASHINGTON (September 16, 2010) – The X PRIZE Foundation, an educational nonprofit prize organization, and Progressive Insurance, the country’s fourth largest auto insurance group, today, at the Historical Society of Washington, D.C., awarded $10 million to three teams who successfully completed the rigorous Progressive Insurance Automotive X PRIZE. The winning teams—Edison2 of Lynchburg, Virginia; X-Tracer of Winterthur, Switzerland; and Li-ion Motors Corp. of Mooresville, North Carolina—emerged from an original field of 111 competing teams, representing 136 vehicle entries from around the world. The winning vehicles were showcased to an audience of auto industry, business and government leaders. Each of the winning teams was also presented with a towering bronze trophy designed by Harry Winston, Inc.
Detroit, MI. (January 12, 2010) – The Progressive Insurance Automotive X PRIZE has chosen the state of Michigan to host an intense multi-stage competition that aims to pit some of the world’s most fuel efficient vehicles against one another in a quest to win their share of a $10 million prize purse. Fifty-one super efficient cars from 41 teams survived the rigorous design judging phase and now aim to ready their vehicles for the start of on-track performance events in the spring of 2010, thanks to a unique new partnership with the Michigan Economic Development Corporation (MEDC) and the Michigan International Speedway (MIS), announced today at the North American International Auto Show.
New York, NY – October 19, 2009 The Progressive Insurance Automotive X PRIZE, a multimillion dollar competition to inspire a new generation of viable, super fuel-efficient vehicles, today announced the 43 teams— representing 18 states, 10 countries and 6 fuel types, that have passed the competition’s Design Judging phase and will move into the most exciting phase of the competition – performance and safety testing – putting them one step closer to their share of the $10 million prize purse. Continue reading Progressive Insurance Automotive X PRIZE Announces Teams Qualified to Compete for $10 Million & Launch National Student Contest