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PNGV protos got 70's-80's mpg too. Gave us diesel-EVs, new lightweight alloy/composites, after-treatment devices, new-gen power electronics, etc.
What happened to USCAR, Japan's ACE, UK's Foresight, IMI SALVO 4 and EU's Car of Tomorrow guv'ment projects?
Globalization is both an opportunity but also a huge obstacle. Different regions are developing at different rates with different technologies as well as different safety requirements. Winners of this prize could dictate a 'global' vehicle design standard and enjoy an instant & huge market share, but the disparity of technology accessibility in the various markets are just too wide.
The billion is most likely not enough.
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