Quote:
Originally Posted by NeilBlanchard
Edison ... won the "main" prize of $5 Million. They probably spend $15 Million, or more. They also built an electric version after the X-Prize, and they continued to develop the design, took it to the GM wind tunnel, and started building the production intent prototype. They continued for about 4 years after the X-Prize.
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The oil price fell like a rock between the start and actual competition, and the US [customers, and hence investors] were no longer interested ....