Mayfield Village, Ohio — To help spur creation of highly fuel-efficient car, Progressive Corp. is offering a $10 million prize in conjunction with the X PRIZE Foundation.

The Progressive Automotive X PRIZE is designed to inspire a new generation of viable, super fuel-efficient vehicles. The independent and technology-neutral competition is open to teams from around the world that can design, build and bring to market 100 MPGe (miles per gallon energy equivalent) vehicles that people want to buy, and that meet market needs for price, size, capability, safety and performance.

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