Race for X Prize Revving Up

Twenty one teams have been descending on Michigan International Speedway this week, and the stakes are high. The X Prize taps into the American spirit of competition, enterprise, and technology, and is a great place to try stuff out that might become prototypes for mass market cars. It’s in the spirit of President Kennedy pledging that a man would be on the moon by the end of the 1960s. Five years ago, the X Prize foundation added the automotive category to its annual awards lineup. Entrants design and create super-efficient vehicles that help break addiction to oil and stem the effects of climate change. For those entering and qualifying, which is quite a lengthy and rigorous process, three of them will end up splitting the $10 million prize – $5 million for the best four-door economy car; $2.5 million each will go to two winners in a two-seater category. As of now, there are 24 qualified entrants left, and they’ll be competing until the race ends this summer. For those remaining, Aptera, Tata Motors, and ZAP are still in the ranks, joined by teams from universities and various groups started up just to win the X Prize.


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