A little over a year ago, a relatively unknown electric automaker called Li-Ion Motors Corp. won the $2.5 million Alternative Side-By-Side Class in the Progressive Insurance Automotive X-Prize. Since then, Li-Ion Motors has been putting out regular press releases and information about its two electric cars -- the X-Prize-winning Wave II and the its super-hyped but never-quite finished Inizio super-car. Sadly for Li-Ion Motors, the press releases seem little more than a thin veil over a backdrop of allegations of misconduct and fraud, court cases and even a U.S. and securities and Exchange...
Revolutionary or Flop? Li-Ion Struggles With Reservations
Last year Li-Ion Motors were crowned winners of the Progressive Insurance X-Prize Alternative Side-by-Side category with their suitably unusual Wave II electric car. Amidst all the controversy surrounding the X-Prize results and allegations of misconduct and fraud, court cases and even a U.S...Nikki Gordon-Bloomfield
2010 Los Angeles Auto Show: Guide To Electric Vehicles
We took a look a few weeks ago at the five electric cars we reckoned you should do your best to see at the 2010 Los Angeles Auto Show. Our list included the 2011 Nissan Leaf, 2011 Chevrolet Volt, 2011 Coda Sedan, the 2012 Toyota RAV4 EV and the 2012 Mitsubishi i-MiEV. Our opinion hasn't changed -...Antony Ingram
Will Auto X-Prize $2.5m Build Electric Cars, Or Pay Lawyers?
What do you do when a major publication publishes an expose on the firm you’d crowned winners of a competition you’d been running, asking if the winner was even eligible to take part? That’s the problem facing the team behind the Progressive Automotive X-Prize after an article in...Nikki Gordon-Bloomfield
Good Sports: How The Auto X-Prize Became A Lesson In Sharing
As your mother probably told you, it’s polite to share. But while we’ve all probably shared candy, the occasional pretzel and perhaps even a car into work, how many of you would share a $2.5 million prize fund with the people you just beat? That’s exactly what has happened with...Nikki Gordon-Bloomfield
BREAKING: Aptera Loses Automotive X-Prize, Li-Ion Motors Triumphant
For the past few years, small and medium-sized automakers have looked towards the prestige of winning the Progressive Insurance Auto-X Prize. for the X-Prize. Initially set up as a way of encouraging innovation and inspiring the next generation of fuel efficient vehicles, the Automotive X-Prize has...Nikki Gordon-Bloomfield