AMP’s Electrified Saturn Sky is a Finalist in the International $10M X Prize Competition

Electric Saturn Sky

AMP Holding Inc, a company engaged in the all-electric, emission-free conversion of General Motors vehicles, announced today that their AMP electric car has advanced to the finals of the Progressive Insurance Automotive X Prize worldwide competition after passing the most recent "knockout" qualifying stage.

After beginning with a field of 111 teams from 11 countries who applied for entry, AMP is among a select group of only eight teams remaining in the Automotive X Prize alternative side-by-side finals. The competition boasts a virtual who's who of the most fuel efficient vehicles in the world today, all of which will be going head to head in a quest to win their share of the $10 million prize.

Steven Burns, CEO of AMP, said, "This competition validates the excitement and international interest surrounding consumers' desire to reduce dependency on oil. We are particularly proud of our entry in the competition, as the AMP'd 100% electric GM Saturn Sky is the only production vehicle in the final round of competition."

As electric powered car companies are coming of age and becoming truly mainstream, a few have debuted on the public markets. AMP began trading in early June, followed by another major electric car company with their IPO earlier this week. The AMP'd electric Sky is a GM Saturn Sky converted by AMP, and powered by REMY International motors. As part of AMP's current offering of converted electric vehicles, the AMP'd Sky, as well as the full-size AMP'd Electric GM Equinox crossover, can be ordered by visiting the AMP website. Initial deliveries are expected to reach the market this year, by the end of summer.

The X Prize Final Stage of the Competition will take place at the Michigan International Speedway from July 19–30, 2010. It will include dynamic safety checks, and on-track challenges, gaining key performance information about aerodynamics and rolling resistance. The winner will be announced after validation in August.

For a complete list of the eight alternative side-by-side finalist teams click here.

Source: AMP, Progressive Auto X Prize

Random Article from the Archives

Saturn Vue Hybrid Called One of the "Best Deals of the Month" by IntelliChoice

2008 Saturn Vue Green Line, the leading source for automotive ownership cost and value analysis, today announced its "Best Deals of the Month" for new cars for August 2009. To determine its picks, IntelliChoice analyzes monthly values for new cars and trucks based on the seven primary factors that determine a vehicle's long-term ownership costs: fuel economy, maintenance, repair, retained or resale value, licensing, state fees and taxes. Using these seven factors, IntelliChoice determines what it costs to own and operate new cars over five years.