The contest will require vehicles to meet tough emission requirements and get 100 miles per U.S. gallon (about 42 kilometres a litre). The current average fuel economy of U.S. vehicles is about 20 miles per gallon (nine km/l).
The competition is intended "to inspire a new generation of viable, super-efficient vehicles that help break our addiction to oil and stem the effects of climate change," the foundation said on its website.
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