Automotive X Prize

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The Automotive X PRIZE is the next X PRIZE from the X PRIZE Foundation, following the inaugural Ansari X PRIZE.

1 Automotive X PRIZE
2 Citations
3 References
4 External links
5 See also

[edit] Automotive X PRIZE

The goal of the Automotive X PRIZE is to produce a commercially viable 100MPG (mile per gallon) car. In order to win the prize, competitors must come up with a car, and sell a number of them in the open marketplace. The amount necessary is still being determined. The size of the prize is still being determined. It is anticipated to be $25,000,000.

Currently, the average mileage of American cars is around 20MPG, this is less than the average mileage of the Ford Model T, 25MPG.