SOURCE: Automotive X PRIZE
March 14, 2008 15:26 ET
United States Senate Passes a Resolution Praising the Automotive X PRIZE
Senate Resolution Introduced by Senators Lugar and Bingaman and Passed Early Today Applauds the Foundation's Leadership in Inspiring a New Generation of Viable, Super-Efficient Vehicles
WASHINGTON, DC--(Marketwire - March 14, 2008) - Senators Richard Lugar (R-IN) and Jeff
Bingaman (D-NM), along with Senators Carl Levin (D-MI), Debbie Stabenow
(D-MI), and Pete Domenici (R-NM), today led the passage of a Senate
resolution congratulating the X PRIZE Foundation's leadership in inspiring
a new generation of viable, super-efficient vehicles. The Senate resolution
follows an earlier House resolution introduced by Congressman Daniel E.
Lungren (R-CA) which passed February 6th, 2008.
The Automotive X PRIZE is a private, independent, technology-neutral
competition being developed by the X PRIZE Foundation. The prize will award
a multimillion dollar purse to teams that can design, build, and
demonstrate production-capable vehicles that achieve 100 MPG or its energy
As noted by Senator Bingaman, "This prize promises to help harness the
creative and entrepreneurial spirit of America's best minds to one of our
greatest problems: our over-reliance on foreign oil. It should be an
exciting competition and it is certainly a worthy goal. I wish them the
best of luck and look forward to seeing the innovations they inspire."
"The dual passage of both the House and Senate resolutions demonstrates
that our elected officials understand the real issues consumers are facing
today and that real solutions will require the American spirit of free
enterprise," noted Don Foley, Executive Director of the Automotive X PRIZE.
"This high-profile competition is igniting ideas and concepts across the
globe to help solve the challenge of energy security and climate change."
The Automotive X PRIZE is open to all -- automakers large and small as well
as innovators -- who believe that the goal of a 100 MPGe vehicle is not
only possible but essential if we are to break our addiction to oil.
"United States national security and economic prosperity demand that we
move toward a sustainable energy future," added Senator Lugar. "The global
trend of foreign governments asserting greater control over oil reserves
allows unfriendly regimes to use their energy exports as leverage against
the United States and our allies. Establishment of the Automotive X Prize
demonstrates remarkable vision and leadership. I am particularly
encouraged that development of the prize benefits from insights of a
diverse group of government, non-government, university and industry
With only a few days until the Foundation's public announcement of the
multimillion dollar prize purse and title sponsor at the New York Auto Show
on March 20, the Automotive X PRIZE will signal the beginning of this
competition as well as the hope that the country's dependence on foreign
oil and its reliance on a depleting fuel source will one day come to an
"We thank Senators Lugar and Bingaman for their leadership and commitment
to the goals that this competition represents to the United States as well
as the entrepreneurial American spirit that it will inspire for the benefit
of mankind," added Foley.
Today's action by the Senate adds to the significant support that the
Automotive X PRIZE has garnered from a diverse group of politicians and
government agencies, including Gov. Arnold Schwarzenegger (R-CA), Gov.
Jennifer Granholm (D-MI), Senator Sherrod Brown (D-OH), Senator George
Voinovich (R-OH), San Francisco Mayor Gavin Newsom and Houston Mayor Bill
White, along with support from The U.S. Department of Energy Assistant
Secretary Andy Karsner, The Department of Transportation (NHTSA and Federal
Highway Administration) and the U.S. Environmental Protection Agency, among
To read the complete Senate resolution, please visit auto.xprize.org.
ABOUT THE X PRIZE FOUNDATION
The X PRIZE Foundation is an educational nonprofit prize institute whose
mission is to create radical breakthroughs for the benefit of humanity. In
2004, the Foundation captured world headlines when Burt Rutan, backed by
Microsoft co-founder Paul Allen, built and flew the world's first private
vehicle to space to win the $10 million Ansari X PRIZE. The Foundation has
since launched the $10 million Archon X PRIZE for Genomics, the $30 million
Google Lunar X PRIZE, and the Automotive X PRIZE. The Foundation is
creating prizes in five areas: Exploration (Space and Underwater), Life
Sciences, Energy & Environment, Education and Global Development. The
Foundation is widely recognized as the leading model for fostering
innovation through competition. For more information, please visit
www.xprize.org or email email@example.com.