The
Automotive X-Prize has announced the first thirty-one teams to be accepted into their upcoming mileage competition and several of our favorite subject companies are on the list. Among the teams that have been accepted into the first round of competition are Tesla, Zap, and Phoenix Motorcars. Other teams that we have covered here that made the cut are Fuel Vapor Technology and
Team Velozzi. According to organizers over 300 teams have expressed interest in the competition and are considering jumping in.
The goal of the competition is to create a commercially viable vehicle that can exceed 100 mpg gasoline equivalent based on a combination of well-to-tank analysis and tank-to-wheels actual vehicle performance. The real key here is the commercial viability. Teams have to demonstrate not just vehicle performance but a business plan showing that they can sell the vehicles in volumes of 10,000 or more annually. Preliminary competitions including peer reviews start in 2008 with the actual vehicle competitions in 2009.
[Source: Automotive X-Prize]