Hybrid Technologies Develops Lithium-Powered Concept Vehicle

The vehicle is a pilot project aimed at breaking the current world Land Speed Record for a production hybrid, which is currently held by Toyota's Prius.

Published: 20-Jan-2006

Hybrid Technologies, Inc. (OTC BB: HYBT) emerging leaders in the development and marketing of lithium-powered products worldwide, is pleased to announce that due to increased demand for a high performance lithium sports car Hybrid engineers have developed a high-powered lithium motor for appointment in a lightweight concept vehicle.

The vehicle produced at the Mooresville, NC, plant, and home to NASCAR's top engineers is a pilot project aimed at breaking the current world Land Speed Record for a production hybrid. The current record holder is Toyota which used a modified version of the Prius on the three-mile short course, setting a hybrid record speed of 130.794 miles per hour.

Hybrid Technologies engineers working with lithium battery giant and partner, KOKAM batteries of Korea, have developed a lithium system capable of high speed thresholds while addressing critical weight issues. The high performance sports car model will remain an industry secret prior to its unveiling to media, automotive experts and industry leaders. Hybrid technologies is currently producing consumer models of the PT Cruiser, Mini Cooper, Crossfire and Smart Car, all models currently using a complete lithium system with several models adapted for solar power.

Holly Roseberry stated, "We have shown the industry that lithium vehicles can not only provide a zero emission motor but they can maintain superlative design characteristics and a high level of comfort. We feel our lithium PT Cruiser, Smart car and Mini Cooper all honor the original design and comfort levels. This truly is the age of lithium and we are proud to be part of its advancement and integration into this industry."

Hybrid Technologies at the time of press has issued a tentative date of Q3 for the speed attempt while several other concept vehicles as well as joint venture vehicle projects with major automotive manufacturers are scheduled for release in April and March of 2006, respectively.

Hybrid technologies will issue a press statement and full live video coverage of the speed record. Links to video coverage will be issued in a press release several days prior to the electrifying event.

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