X Prize Cars Podcast

An interview with George Parker of Fuel Vapor Technology, conducted on March 22nd, 2008 at the New York Auto Show. Notes:

- team of half a dozen people
- thought AXP was a great match with their existing efforts
- tandem seat discussion
- 3-wheel discussion
- wants to be in the same class as "any car"
- idea for this car has been a long, rough road - since he was 17!
- he worked in the aircraft industry, knows aerodynamics
- market niche = high efficiency, fun commuter car
- being part of the Automotive X Prize has given them a lot of exposure
- friends and family provided initial investment
- they have 3 cars, shop, equipment, rent covered, all by a small group of investors
- looking for investor with deeper pockets, integrity, passion (they are picky)
- thousands of inquiries to buy their car
- plan to sell when they achieve 100 MPG
- working on a series hybrid version, as well as the fuel vapor technology
- praises organizers of the AXP for how well it's going

For more information, please visit X Prize Cars