High Quality Content by WIKIPEDIA articles! The Progressive Insurance Automotive X PRIZE (PIAXP or AXP) was a set of competitions, programs and events, from the X Prize Foundation to "inspire a new generation of super-efficient vehicles that help break America`s addiction to oil and stem the effects of climate change."Progressive Insurance was the title sponsor of the prize, the centerpiece of which is the Competition Division, within which a $10 million dollar purse was divided between the winners of three competitions.