(Source: AXP) Calif., August 1, 2007 - The Automotive X PRIZE (AXP), a competition designed to inspire a new generation of viable, super-efficient vehicles to help break our addiction to oil and stem the effects of climate change, announced today that over 30 teams have signed a letter of intent to compete once the prize is officially funded and launched.
The international competition, in which qualified teams will compete head to head, aims to dramatically increase consumer access to ultra-efficient, clean, affordable and desirable vehicles. The 30 plus teams include diverse groups from the United States, Canada, the United Kingdom, Germany and Switzerland. More than 300 additional teams have inquired about joining and are actively considering entry.
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