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The two-wheeled E-Tracer 7009, developed by Peraves for Swiss team X-Tracer, will soon be headed into production under the name MonoTracer MTE-150.
X-Tracer, who competed with the E-Tracer 7002 in the X-Prize, will receive $2.5 million. The E-Tracer is powered by an AC Propulsion electric drive system.
Edison2's Very Light Car No. 98, along with the runners-up, now can enter the Energy Department's fast-track program for production versions of their energy-efficient cars.
German "cabin cycle" can hit 155 miles per hour.