The Automotive X-Prize, a competition of vehicles with a fuel efficiency of 100mpg and greater, concluded with winners announced in the Alternative Side-By-Side class. The prize purse was $2.5 million, and Nevada engineering company Li-Ion Corp. won the trophy by the slim margin of 0.2 seconds.
However, the four finalists made a pact before the competition to share the prize, so several hundred thousand dollars of the money will go to Li-Ion’s former competitors. While 100-mpg cars are far from actual production, the X-Prize guidelines included many provisions for comfort and safety to make sure that the entries are limited to practical vehicles and not stripped-down concept showpieces.

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