Progressive Insurance Automotive X Prize
| Progressive Insurance Automotive X PRIZE | |
|---|---|
 |
|
| Awarded for | "design, build and race super-efficient vehicles that will achieve 100 MPGe (2.35 liter/100 kilometer) efficiency, produce less than 200 grams/mile well-to-wheel CO2 equivalent emissions, and could be manufactured for the mass market" |
| Country | Worldwide |
| Presented by | X PRIZE Foundation |
| Reward(s) | US$10 million (divided) |
| First awarded | 2010 |
| Currently held by | Team Edison2, Team Li-Ion Motors, Team X-Tracer |
| Official website | progressiveautoxprize.org |
The Progressive Insurance Automotive X PRIZE (PIAXP or AXP) was a set of competitions, programs and events, from the X Prize Foundation, to "inspire a new generation of super-efficient vehicles that help break America's addiction to oil and stem the effects of climate change."Progressive Insurance was the title sponsor of the prize, the centerpiece of which is the Competition Division, within which a 10-million-dollar purse was divided between the winners of three competitions.
The essence of each competition was to design, build and race super-efficient vehicles that achieved 100 MPGe (2.35 liter/100 kilometer) efficiency, produced less than 200 grams/mile well-to-wheel CO2 equivalent emissions, and could be manufactured for the mass market. Within the Competition Division, there are two vehicle classes: Mainstream and Alternative. The mainstream class had a prize of $5 million. The alternate class had two separate prizes of $2.5 million, one for side-by-side seating and one for tandem seating.
The PIAXP has an Educational Program, funded by a $3.5 million grant from the United States Department of Energy, to engage students and the public in learning about advanced vehicle technologies, energy efficiency, climate change, alternative fuels, and the science, technology, engineering, and math behind efficient vehicle development.
The winners of the competition were announced on 16 September 2010.
The X Prize Foundation began work on the development of a competition to spur innovation in the automotive industry in 2005 and on 6 March 2006 announced that Mark Goodstein would join the Foundation as an Executive Director of the new prize. A little more than year later, on 12 April 2007, the Foundation formally announced the creation of the prize at the 2007 New York Auto Show and set the purse at $10 million for a car that could get 100 mpg‑US (2.4 L/100 km; 120 mpg‑imp) and be sold for a reasonable price. In the subsequent year, the X Prize Foundation solidified sponsorship for the prize and on 20 March 2008 announced that Progressive Insurance would be the Title Sponsor of the Prize and fund the $10 million purse. From that point onward, it was known as the Progressive Insurance Automotive X Prize (PIAXP).
At the 12 April 2007 announcement of the creation of the X Prize, the Foundation released draft Competition Guidelines, which were open for public comment from 2 April to 31 May 2007. The latest guidelines were published on 10 January 2009. The competition guidelines are the product of hundreds of volunteers of the AXP and world-class advisors.
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