The Automotive X PRIZE's goal is to "inspire a new generation of viable, super-efficient vehicles [100+ MPGe] that help break our addiction to oil and stem the effects of climate change." At the New York Auto Show they announced that they have found a new sponsor, Progressive, a big insurance company. Knowing how
climate change can drive up costs for insurers, it's probably not a surprising choice. Progressive is giving $10 million for the prize (which will be split 3:1 between the "mainstream" and "alternative" categories of cars), and in return the Automotive X PRIZE will now be called the Progr...
