Some of you green geeks may remember the big X Prize drama in 2004, which saw a privately developed spacecraft (by Burt Rutan and Paul Allen) win $10 million by flying successfully to the edge of space.
The X Prize Foundation has created some spinoff X Prizes, one of which is for cars, and that competition is now entering its final stages in Michigan. The prizes are designed to stimulate and leverage private investment, develop real-life innovations, and create effective change strategies to get us out of oil consumption.
Now the Automotive X Prize is entering its final stages, and you can watch the progress here. Team Edison2’s Very Light Car (above), for example, developed in Lynchburg, Va., by a group of racing and engineering nuts, is still in the running. The VLC is a four-seat sedan, weighs 700 pounds, and does 0-60 mph in 7 seconds. It meets all U.S. safety requirements.