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John McCain's (R) call for a $300 million prize for better automotive battery is still making waves. The latest to raise a voice are the people who are already offering some prize money for cleaner cars: the Progressive Automotive X PRIZE. Of course, the AXP is a much smaller prize purse ($10m) and is for an entire car and production plans. Don Foley, the Progressive Automotive X PRIZE's executive director, has issued the following statement (read the entire release after the break):

John McCain's (R) plan to give the advanced hybrid battery industry a boost sounds promising. I mean, a $300m prize to the company that can deliver a better, cheaper battery? What's not to like? Well, plenty, apparently.