Progressive Insurance Automotive X PRIZE to Award up to $10 Million on September 16 in Washington, DC Ceremony
Awards Ceremony Culminates Multiyear Challenge to Deliver Production-Capable, Super, Fuel Efficient Vehicles;
All Finalist Vehicles will be on Site
WHO/WHAT: Progressive Insurance, the country’s fourth largest auto insurance group, and The X PRIZE Foundation, an educational...
[read more] Progressive Insurance Automotive X PRIZE to Award up to $10 Million on September 16 in Washington, DC Ceremony
Awards Ceremony Culminates Multiyear Challenge to Deliver Production-Capable, Super, Fuel Efficient Vehicles;
All Finalist Vehicles will be on Site
WHO/WHAT: Progressive Insurance, the country’s fourth largest auto insurance group, and The X PRIZE Foundation, an educational nonprofit prize organization, will announce the winners of the Progressive Insurance Automotive X PRIZE at a special awards ceremony in Washington, D.C. Up to $10 million will be awarded to as many as three teams that proved their entry vehicle could meet the competition’s strictest requirements, including the ability to achieve 100 miles per gallon or the energy equivalent (MPGe) and to survive grueling real-world safety, efficiency, emissions, durability and range tests.
The ceremony, which is open to the public, will be hosted by Arianna Huffington, Co-Founder and Editor-in-Chief of The Huffington Post; Jim Gianopulos, Chairman and CEO of Fox Filmed Entertainment; Glenn Renwick, President and CEO, of Progressive Insurance; and Dr. Peter H. Diamandis, Chairman and CEO of the X PRIZE Foundation. Attendees will have an opportunity to meet the winning and finalist teams and get an up close look at the vehicles and technologies that will shape the future of the automotive industry.
WHEN/WHERE: Thursday, September 16 at 10:30am EDT (media registration begins at 10:00am)
Historical Society of Washington, D.C. 801 K Street, NW, Washington, DC 20001
STREAMING VIDEO: The Progressive Insurance Automotive X PRIZE Winners Announcement will be broadcast live at
http://www.progressiveautoxprize.org/live
