“Revolution Through Competition”

The Progressive Automotive X-Prize is a competition to develop and race a 100mpg car across the country.  The winner receives $10 million , but every competitor will receive un-paralleled exposure from global media and investors. 

The race is an  opportunity to showcase the E4 on a global stage and compete against some of the greatest minds in the automotive industry.  The X-prize represents the perfect platform for launching a startup company and the global interest to generate working capital for real world production.

From website : www.progressiveautoxprize.org

On March 20th at the New York International Auto Show, the X PRIZE Foundation and Progressive Insurance jointly announced the $10 million dollar Progressive Insurance Automotive X PRIZE. "Let the race begin!" said X PRIZE Chairman and CEO Dr. Peter Diamandis.

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.

Through an exciting partnership with Progressive Insurance, the newly renamed Progressive Insurance Automotive X PRIZE invites 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 $10 million waiting for the champions… and perhaps our future hanging in the balance.