Li-ion Motors Corp. Announces Advance in X-Prize Competition

Li-ion Motors Corp. (LMCO), 21st Century Design & Engineering of emission-free automotive propulsion systems using the latest lithium ion battery technology, is proud to announce we have advanced in the Progressive Insurance Automotive X-Prize.

Li-ion Motors Corp qualified for the next round of the 2010 Progressive Insurance X-PRIZE. Li-ion Motors also featured its state of the art 21st Century design WAVE II in Las Vegas at SEMA, November 3rd to 6th, 2009. And Detroit Auto Jan 16th to 24th Li-ion Motors displayed to the world the groundbreaking developments the company has been developing on their emissions electric vehicles.

Li-ion Motors feels their breakthrough will help change the way the world looks at the automobile and its construction today. From overall electrical engineering to space-age materials, futuristic aerodynamics and a new standard for safety, the company is prominently positioned and its engineering staff is ready for the competition.

The X-PRIZE competition is intended to inspire a new generation of viable, super fuel-efficient vehicles that offer more consumer choices. Ten million dollars in prizes will be awarded to the teams that win a stage competition for clean, production-capable vehicles that exceed 100 miles per gallon or energy equivalent

"After careful consideration of your submitted materials, the Technical Team has accepted your 3rd Technical Deliverable as provided. Your scorecard from TD3 is attached … well done!" Our next stop is Michigan International Speedway for the first on track event to dial in the vehicles and test data transmission equipment.

The scorecard gives pass or fail on four essential performance areas. Li-ion Motors passed all four tests. One of the tests was an accumulated mileage of 100 miles showing the electric car has been driven and continues to drive up to expectations.

Li-ion Motors’ entry into the X-Prize is an Electric vehicle (EV), powered by Lithium-ion batteries. LMCO’s entry is not a hybrid car; it is a true electric car. Li-ion Motors is an electric vehicles manufacture, producing lithium-powered electric vehicles including electric mopeds, sports vehicles, and electric motorcycles in addition to the electric cars.