DOE Pledges $3.5 Million for Auto X PRIZE Education and Outreach
March 25, 2008
On March 20th, the U.S. Department of Energy (DOE) announced that it will award a grant of nearly $3.5 million to the X PRIZE foundation for an education and outreach component of the Progressive Automotive X PRIZE (AXP) program. DOE Principal Deputy Assistant Secretary John Mizroch (pictured) announced the grant on behalf of Assistant Secretary Alexander Karsner at the New York Auto Show.
AXP is an international competition that challenges competitors to design, build, and bring to market a car that exceeds 100 miles per gallon, or its energy equivalent fuel efficiency, while meeting market requirements for size, capability, affordability, and safety.
DOE's grant will be used to conduct outreach activities and vehicle demonstrations that encourage students and the public to learn more about advanced vehicle technologies, teamwork, creativity and innovative thinking.
For more information, visit the DOE press release.