Automotive X Prize: Why some teams failed

After Edison2, Li-ion Motors, and X-Tracer drove away with the $10 million prize money last week, another 21 Automotive X Prize finalists went home to lick their wounds, tell their war stories, and most of all to try to raise some more money. (Read: "What's next for prize winners and contestants?")They failed for lots of different reasons, most of which are heart-wrenching near misses, minor decisions that proved devastating, or mechanical missteps. As this video shows, there were chall…

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