Kuttner Wins X-Prize

Oliver Kuttner’s X-Prize team has won the top award, the AP reports. The $10M prize is being split three ways, with Kuttner’s Edison2 team getting $5M, a North Carolina company getting $2.5M, and a Swiss team getting the remaining $2.5M. Kuttner has no intention of manufacturing and selling the car in its present form, but he does intend to plow the winnings into R&D to create a consumer-friendly version. Over one hundred teams entered the contest, which is funded by Progressive Insurance, spending two and a half years building and testing their cars.

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