It's been roughly a year and half
since we last talked about Loremo
AG's lightweight 2+2 coupe. The vehicle generated a lot of interest due to
its futuristic shape and incredible fuel efficiency due its diesel engine.
When Loremo first debuted the
vehicle, it said that two models would be released: a 992 pound, 157 MPG,
$13,000 USD Loremo LS and a 1,032 pound, 87 MPG, $17,800 USD Loremo GT. Loremo
noted that the LS would reach 0-60 in 20 seconds and have a top speed of 99MPH
whereas the faster GT would hit 60 MPH in 9 seconds and race on up to 137 MPH.
According to AutoblogGreen, Loremo
is now
ready to display a working prototype of its vehicle -- which is now called
the Loremo L1 -- at this year's Frankfurt Motor Show. Loremo has also revised
the fuel consumption of the vehicle from 1.5 liter per 100km to 2 liters per
100km -- that works out to roughly 117 MPG putting it squarely between the
previous ratings for the LS and GT.
Loremo's L1 is also scheduled to compete
in the Automotive X PRIZE (AXP). Contestants in the AXP much achieve at
least 100MPG and emit no more than 200g/mile of CO2. There are 31 teams
currently signed on to participate in the AXP competition.
"We are thrilled with the wide
variety of teams and technologies from around the world that have expressed an
interest in joining the competition," remarked Dr. Peter H. Diamandis, CEO
and Chairman, X PRIZE Foundation. "We are confident that the Automotive X
PRIZE will motivate and bring visibility to a range of non-traditional
solutions from both traditional and non-traditional players. The time for
incremental change is over. We need radical breakthroughs to stem the
consumption of fossil fuels. An X PRIZE can help make this happen."
Another high-profile entry to the
AXP contest is the Tesla
Roadster. The $100,000 Lotus Elise-based sports car boasts a driving range
of 200+ miles while being powered solely by batteries.