Two San Diego auto firms vie for $10 million prize
Sunday, October 25th, 2009
Quick. How many automotive firms are there in the United States? Way more than I ever dreamed. The Progressive Automotive X PRIZE attracted entries from 111 teams of which 88 are from the United States. Competing for the $10 million jackpot are names we recognize like Tesla Motors and those we do not including my favorite,7K Hamsters, which unfortunately did not make the cut. On Monday the Progressive Insurance Automotive X PRIZE announced that 43 teams with 53 vehicles from 18 US States and 11 countries had made it through the stringent Design Judging phase. Making the short list were two San Diego innovators, Aptera and SSI-Racing. These teams will now be entering the final competition events that will be taking place from May 2010 with the announcement of the winners that Fall. A no-show in the competition was Fisker Automotive. I guess the opportunity to score $10 million looks like chump change compared to (more…)




