There are numerous X Prize competitions, however the Progressive Auto Insurance X Prize focuses on improving fuel efficiency of environmentally friendly vehicles. The prizes vary but this the 2010 prize is $10 million!
The Progressive Insurance Automotive X Prize is a 10 million dollar prize awarded to teams from around the world that design viable, clean and super-efficient cars that people will actually want to buy. On October 19th, 43 teams recieved passing scores and will be moving on to the next stage of the competition, which takes place next spring.
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