Automotive X Prize Winners Announced

The X Prize Foundation and Progressive Insurance have awarded three design teams a total of $10 million for their fuel-efficient vehicles.

Wave 2 Auto X-Prize
Li-ion Motors Corp. of Mooresville, N.C., won the "alternative side-by-side" class with its Wave II, an all-electric car powered by lithium-ion batteries.
PHOTO: LI-ION MOTORS