$LIMO The company won the Progressive Automotive
Post# of 49
$LIMO The company won the Progressive Automotive X Prize in 2010 for its WAVE II, which came with
a $2.5 million (USD) award. During the X Prize competition, the WAVE II whose electric motor is
powered by lithium?ion batteries governed by a proprietary battery management system (BMS)
was certified by the Argonne National Laboratory at 202.5 MPGe (miles per gallon equivalent).