It was something of a photo finish, but the winners of the Automotive X-Prize are in. Taking top honors: Edison2’s “Very Light Car No. 98,” a single-cylinder gas/ethanol burning four-seater that gets 102 miles per gallon of fuel. Edison2 took home half of the $10 million prize while two other teams split the other half.
Wasting no time after the publication of the Augustine Report, both NASA and a competitor for the Lunar X-Prize used this week to test lunar exploration technology. For NASA, this meant a Thursday test of the Ares rocket that forms the bedrock of their Shuttle replacement efforts. For Armadillo Airspace, a test of their X-Prize-contending lunar lander prototype.
So far 65 teams have signed up to compete for a piece of the $10 million prize
By Seth FletcherPosted 03.20.2008 at 3:25 pm 5 Comments
Strange as it might seem, the Automotive X-Prize—which will award a $10 million prize to the team(s) that develop production-ready cars that get the equivalent of 100 miles per gallon—wasn't official until this afternoon. But today at a press conference at the New York International Auto Show, X-Prize honcho Peter Diamandis fired the starting gun (see Diamandis talk about the competition in the video above).
Over the past several decades, the promise of the "car of tomorrow" has remained unfulfilled, while the problems it was supposed to solve have only intensified. The average price of a gallon of gas is higher than at any time since the early 1980s. The Middle East seems more volatile than ever. And even climate skeptics are starting to admit that the carbon we´re pumping into the atmosphere might have disastrous consequences. To these circumstances, automakers have responded with a fleet of cars that averages 21 miles per gallon, about four miles per gallon worse than the Model T.