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Excellence in Energy Efficiency Act Promises $1 Billion Prize for 100 MPG Car

H.R. 3872 – the Excellence in Energy Efficiency Act of 2012 – was just introduced by Representative Dan Lungren (R) of California's 3rd Congressional District. If passed, the legislation would have the Secretary of Energy "establish a program to award a prize in the amount of $1,000,000,000 to the first automobile manufacturer incorporated in the USA to manufacture and sell in the USA 60,000 mid-sized sedan automobiles which operate on gasoline and can travel 100 miles per gallon."

2/06 Auto Blog