Friday, December 19, 2008

Hybrid Technologies, Inc. (HYBR.OB) Expands R&D Efforts, Increases Capabilities

Earlier this year in May, Hybrid Technologies, Inc. opened a fully-owned subsidiary in India with the purpose of creating greater in-house capabilities for research and development (R&D) as well as utilize the vast knowledge pool of India’s engineers.

Hybrid Technologies, incorporated in Nevada in 2000, is a development-stage technology company that continues to focus its resources and efforts on the development and marketing of lithium-powered vehicles and products used in commercial and residential properties. The company is focused on developing scooters, bicycles, mopeds, motorcycles, cars and battery backup for home power systems, hoping to convert all to zero-emission, lithium-powered vehicles and facilities.

In an all-electric car, high-energy-density, lightweight, rechargeable lithium-ion batteries are used. The batteries can be charged simply by using household electricity outlets, providing zero-emissions energy. Electric cars are extremely reliable and maintenance free. With no need for oil changes, filter changes, or tune-ups, the lithium powered vehicles are an attractive alternative to the conventional gas powered car.

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