- Peraves E-Tracer winner of the $2.5 million-dollar Progressive Automotive X PRIZE.
- Electric drive developer AC Propulsion has signed a letter of intent to bring the award-winning Peraves E-Tracer to the U.S. market.
- Peraves E-Tracer
- The E-Tracer claimed the highest efficiency in the X Prize competition, recording a 197 MPGe (miles per gallon equivalent).
- The E-Tracer's Top speed is claimed at over 120 mph, with 0-100 mph acceleration in less than 20 seconds.