The Progressive Automotive X Prize (the X Prize Foundation in partnership with Progressive Insurance) is a $10 million dollar prize open to any team in the world that can design, build and bring to market a consumer vehicle that can achieve the energy equivalent of 100 miles per gallon.
(The X Prize Foundation is best known for previously awarding $10 million to Scaled Composites in 2004 for private suborbital space flight).
Legendary rocker Neil Young and his team headed by mechanic John Goodwin have been developing a plug-in bio-fuel hybrid 1959 Lincoln Continental Mark IV convertible with a propulsion system designed by UQM Technologies to enter in the race for the Progressive Automotive X Prize. The film "Linc Volt" tracks their progress.
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