|
|
Article: Progressive Insurance Automotive X PRIZE Releases Statement in Response to Senator McCains Proposed $300 Million Battery Prize
- Article from:
- U.S. Newswire
- Article date:
- June 24, 2008
|
Copyright informationCopyright 2008 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
|
To: TECHNOLOGY EDITORS
Contact: Carrie Fox, +1-202-255-9214, Carrie.Fox@xprize.org, for
the X PRIZE Foundation
SANTA MONICA, Calif., June 24 /PRNewswire-USNewswire/ -- Today,
the Progressive Insurance Automotive X PRIZE, a project of the X
PRIZE Foundation, released a statement in response to Presidential
hopeful and presumed Republican nominee John McCainss proposed $300
million battery prize:
We commend Senator McCain for recognizing that great innovations
can arise from the spirit of competition, said Don Foley, Executive
Director of the Progressive Automotive X PRIZE, a competition
designed to inspire a new generation of viable, super fuel efficient
vehicles. But creating a new battery ...