{"id":232,"date":"2007-04-13T06:10:00","date_gmt":"2007-04-13T11:10:00","guid":{"rendered":"http:\/\/ietransfer.wpengine.com\/2007\/04\/13\/innovators-invited-to-help-solve-one-of-our-world%e2%80%99s-grand-challenges\/"},"modified":"2007-04-13T06:10:00","modified_gmt":"2007-04-13T11:10:00","slug":"innovators-invited-to-help-solve-one-of-our-worlds-grand-challenges","status":"publish","type":"post","link":"https:\/\/inspiredeconomist.com\/articles\/innovators-invited-to-help-solve-one-of-our-worlds-grand-challenges\/","title":{"rendered":"Innovators Invited to Help Solve One of Our World\u2019s Grand Challenges"},"content":{"rendered":"

The X PRIZE Foundation,<\/a> the organization behind the $10 million Ansari X PRIZE that successfully challenged teams to build private spacecraft to open up the space frontier, is taking a step toward launching an Automotive X PRIZE (AXP)<\/a> that will inspire super-efficient vehicles that exceed 100 miles per gallon or its equivalent.<\/p>\n

In draft guidelines to be released at the New York Auto Show, the AXP outlines an independent competition that will result in clean, efficient vehicles that help break our addiction to oil and stem the effects of climate change. The AXP also invites interested teams – major auto companies and innovators alike – to execute letters of intent to participate as the AXP moves toward an official launch later this year.<\/p>\n

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The draft guidelines outline a challenging multi-year competition with a multi-million-dollar cash purse. Teams first are required to meet arduous standards proving they are capable of designing and building production-capable, super-efficient vehicles. The vehicles then will compete in a series of rigorous stage races that test the vehicles under real-world driving requirements and conditions. Vehicles will compete in two different categories – Mainstream (4+ passengers, 4+ wheels) and Alternative (2+ passengers, no requirement on number of wheels). Winning vehicles must exceed 100 miles per gallon or its equivalent, while also meeting rigorous emission requirements.<\/p>\n

"We are at a pivotal moment in time when promising new technologies, growing consumer demand, and global politics make it ripe for a radical breakthrough in the cars we drive," said Dr. Peter H. Diamandis, founder and chairman of the X PRIZE Foundation. "The X PRIZE Foundation firmly believes we need desirable, affordable, and fuel-efficient vehicles on the road. Our addiction to oil is hurting consumers, undermining the economy, exacerbating international conflicts, damaging the environment, and threatening the health of the planet. We have made great progress in designing a competition that will capture the public’s imagination to solve these problems."<\/p>\n

The competition guidelines include these provisions:<\/p>\n