X Prize Foundation Has Helped Revolutionize The Auto Industry
September 19, 2010
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This is a guest posting by Felix Kramer, Founder of the California Cars Initiative.
Five years ago, when the Automotive X Prize was just an idea, gas prices were seesawing, and people were fed up with paying a billion dollars a day for foreign oil. We’re still addicted to oil — but thanks in large part to the X Prize, we can see a way out.
Back then, the famed Hypercar spinoff from Rocky Mountain Institute had previewed a future of lightweight, aerodynamic, safe autos. And everyone who’d looked at ways to reduce greenhouse gases knew the answer had to include getting our vehicles off fossil fuels. It was time for cars to take a quantum leap.
