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Stories by Larry Greenemeier

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Automotive X PRIZE winners take a victory lap through New York City and ponder the future

Perhaps the biggest winner of the Progressive Insurance Automotive X PRIZE competition is the X PRIZE Foundation itself. The organization, formed in 1996 with the Ansari X PRIZE competition to stimulate private spaceflight, not only issued a challenge to see if automakers could build a vehicle that could get 100 miles per gallon (or the electric equivalent, measured as mpge), it found three teams capable of meeting the challenge."There's a science to designing a prize: It must be audacious but achievable," X PRIZE Foundation Chairman and CEO Peter Diamandis said Friday as the competition's winners gathered at New York City's Classic Car Club in a sort of a victory lap (they had been announced the day before at a ceremony in Washington, D.C.)...

September 17, 2010 — Larry Greenemeier
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