New Generation Technology Vehicles
Hybrid Technologies, Inc., (OTCBB: HYBR) is a development stage technology company that is focusing its resources and efforts on the development and marketing of lithium-powered vehicles and products, as well as on commercial and residential properties. By using its proprietary advanced lithium management and battery balancing system, HYBR converts gas-emission vehicles to electric power. The Company presently markets lithium ion battery-powered Chrysler PT Cruisers, Mini Coopers, Chrysler Crossfires, and Mercedes’ Smart Cars and has recently introduced the LiV™ series, its own line of all-electric lithium ion battery-powered vehicles. HYBR offers telecommunications services to business and residential customers utilizing VoIP technology through its subsidiary, Zingo, Inc. The immediate focus is Canada, Central and Latin America, Europe and developed countries in Asia, allowing those destinations to have access to superior multilevel platforms that provide highly reliable and advanced telecommunications services. Hybrid Technologies was incorporated in 2000 and was formerly known as Whistler Investments, Inc. In 2005, it changed its name to Hybrid Technologies, Inc. Hybrid Technologies is based in Las Vegas, Nevada.
$2.20 for 90 Miles
Hybrid Technologies is capable of fitting almost any vehicle with a lithium-powered engine. Everything from scooters, bicycles, mopeds and motorcycles, to boats, cars, and even lawnmowers can be adapted to utilize this portable electric power source that produces virtually no emissions. Recently, the company completed a project in conjunction with Volkswagen’s Electronic Research Laboratory in Palo Alto, CA to retrofit a 1964 Deluxe Microbus with an all-electric drive engine powered by lithium polymer batteries.
HYBR already offers to the public a Smart Car and all-electric conversions of the Chrysler Crossfire, Mini Cooper and PT Cruiser with this technology, an ATV, as well as the LiV™ Series, its own line of zero-emission, noise free vehicles.
The LiV™ Series was recently introduced at the March New York International Auto Show — six lithium-ion-powered vehicles, including a $39,500 electric version of the Toyota Yaris hatchback called the LiV™ Wise and a 105 horsepower carbon-fiber-bodied sports car called the LiV™ Rush. The company already offers lithium-ion-powered versions of the Mini Cooper (dubbed the LiV™ Flash, and priced at $57,500), the Smart ForTwo (the LiV™ Dash; $43,500), and the Chrysler PT Cruiser (the LiV™ Surge; $55,000). Performance-wise, all of Hybrid’s conversions can go on one electric plug charge cycle for 100 miles or so and top out somewhere between 70 and 90 mph, with the LiV™ Rush, hitting 120 mph.
Besides passenger vehicles, Hybrid Technologies also sells the LiV™ RYDER chopper, a chopper-style motorcycles that can go as fast as 74 miles per hour. The chopper features a monster 300 rear tire for the dedicated motorcyclist seeking the ultimate riding experience. Also at the New York Show was the Hybrid Tech lithium-powered military vehicle, the LiV™ REAPER, mounted with a 50-calibre gun and grenade launcher, and an all-terrain vehicle, the LiV™ BULLDOG ATV. Hybrid Tech plans to offer a division of its Company for production of the custom-designed electric wheelchairs. LiV™ FREE wheelchair, not be eclipsed by the Moped-like and attractive LiV™ CRUZ bicycle.
As of mid-2007, HYBR was the only innovative company selling consumer ready electric-powered vehicles – and distribution licenses – from its website (www.hybridtechnologies.com).
It’s In The Battery
HYBR is involved in researching and developing the portable lithium battery power pack technology to model different cathode structures and optimize process parameters to obtain a single phase and pure material in industrial scale. In February it made an important announcement on a successful move toward development of a new cathode material that will be incorporated to a Lithium Ion Polymer Battery. The company’s new Lithium Ion Polymer battery significantly increases operating voltage range and energy density. The new cathode material comprising the “Superlattice Structure” allows electric vehicles to be driven over 200 miles compared to the current 120 to 140 mile range. The pure material is produced in-house and is synthesized at an industrial scale.
Dr. Surajit Sengupta, Director of Battery R&D at Hybrid Technologies, states “our objective is to create the Next Generation of lithium ion polymer battery that is environmentally non-toxic, safe, less expensive and more powerful.”
The Company’s advanced battery technology offers some of the industry’s fastest charger systems. The high density and lightweight lithium-ion batteries can be charged by simply plugging them into a common household electrical outlet. Deemed the Advanced Drive System Technology, The lithium power system consists of an integrated network of high performance components that is adaptable to multiple energy sources and is capable of powering a wide variety of end-user product applications.
Further and Future Price Cuts
February 11, 2008 Hybrid Tech announced substantial price reductions on the Smart Car, Mini Cooper, and PT Cruiser. In contrast to the continual increase in gas prices, the reduction in lithium ion battery costs allow HYBR to pass savings along to their customers. With fuel prices at record high levels and the global focus moving rapidly towards addressing pollution, the needs for sustainable, zero emission energy and more cost savings are ever more in demand. The future for lithium production speaks favorable in terms of availability and lower costs. Management at HYBR foresees the lithium industry as one of the fastest growing segments within the global economy.
A World Model
The all-lithium vehicles from HYBR are quickly gaining Auto Industry and consumer notice. The company is pleased with its feature episode in the award winning History Channel series Modern Marvels showing several of its models. A writer from the popular www.jalopnik.com site attending the recent New York International Auto show exclaimed, “I hopped into the Hybrid Technologies Lithium Powered Super Car with the guy who built it. There was no top, so I enjoyed the welcome good weather–at last!–in NYC. The car itself was a hoot to drive!” The HYBR produced Mini Cooper has gained massive international media attention from outlets such as CNN, Forbes, Popular Mechanics, and Wired magazine.
Last year, the Government of Canada launched the new “ecoTECHNOLOGY for Vehicles Program”. The program will thoroughly test an array of light-duty vehicles, and then publish their safety and environmental performances. The Canadian Ministry of Transportation purchased models of the Smart Car and PT Cruiser, expanding Hybrid’s brand recognition, and providing Canadians with valuable information on HYBR’s vehicles.
Hybrid has partnered with ALITALIA for shipment to ITALY and is actively selecting other partnerships to distribute its PT cruiser, Mini Cooper and Smart car models.
In a study produced last year by the Electric Power Research Institute found, it was shown that widespread adoption of plug-ins in the United States could reduce greenhouse emissions in 2050 by more than 450 million metric tons a year, the output of 82.5 million cars. The United States produces so much electricity, “Even if everyone went out and bought a plug-in hybrid,” the institute’s Mark Duvall said, “it is extraordinarily unlikely that we’ll ever significantly tax the system.”
Hybrid Technologies is leading in the development and marketing of lithium-powered products worldwide. With its proven technology, The Company is now poised to setup a Dealer/Distributor network in North America and license its’ technology to other automotive manufacturers.