wikispeed Revenue and Competitors

WIKISPEED is a Seattle based, 100% volunteer, green automotive-prototyping company. Led by founder and CEO Joe Justice, WIKISPEED is a collaborative team of skilled volunteers working remotely from all over the world, dedicated to offering safe, low-cost, ultra-efficient, mass-production road-legal vehicles. WIKISPEED was launched in 2006 to take on the challenge of the Progressive Insurance Automotive X Prize, a $10M prize purse international challenge to produce 100+ mpg vehicles. In just 3 months, with no financial backing, the team created the SGT-01, the car that achieved 10th place out of 136 entrants. WIKISPEEDʼs vision is to change the way manufacturers and consumers think about cars. The team uses a collaborative process of rapid prototyping to build modular cars, where improvements can be incorporated immediately. Resulting in 100 mpg+ cars that have a total cost of ownership similar to existing economy cars.