As predicted, the Automotive X Prize crossed the century mark for teams signed up to compete in the "Ultimate Fuel Economy Challenge." While we know that not all of these teams consider themselves to be real contenders, the fact that there are so many people ready to spend so much time and energy thinking about a 100+mpge vehicle is pretty astounding.
Progressive Auto X Prize
In the general hub-bub before the Automotive X-Prize kick-off event yesterday, we cornered Progressive Insurance's President and CEO Glenn Renwick for a few brief moments to get his thoughts on the prize. I mean, it's his company that is putting up the ten million dollars in prize money, so you can bet he's thought long and hard about paying someone that much for a freakin' car. While insurers are not usually known for being happy about seeing money go out the door, Renwick said he hopes the com