The California Clean Tech Open is a competition that encourages the development of environmentally friendly technologies. The competition has five categories: Energy Efficiency, Renewable Energy, Smart Power, Transportation, and Water Management. The Open announced today that Lexus will sponsor the $50,000 prize for the Transportation category which includes technologies designed for greater fuel efficiency, nano-materials, and reduced use of gasoline. Says Bob Carter, Lexus vice president and general manager, "As the leader in hybrid luxury-vehicle development, Lexus features terrific performance while still providing outstanding fuel efficiency in class."
Applications are being accepted until May 31st. Winners will be announced in September. Additional information, website, and contact information can be found at the link.
[Source: Business Wire via TMCnet]