The Automotive X Prize is given by the X Prize Foundation to a builder who designs and builds a car that gets 100 MPG, passes Federal Motor Vehicle Safety Standards and, in the mainstream category, seats four people. The winner was produced by Edison2 with an entry called the "Very Light Car No. 98." It is not an electric car. It runs on E85, a gasoline-ethanol blend and has a total efficiency of 187 MPG. It has a top speed of 100 mph, a range of 600 miles, and weighs 800 pounds.
Edison2 will receive $5 million in Automotive X Prize money for its winning mainstream category vehicle.
[Source: cnet Green Tech]