Hybrid Tech

[AZEqualizer]

HYBRID TECHNOLOGIES INC. (OTCBB: HYBR) ANNOUNCES PRICE REDUCTIONS FOR ALL 2008 ELECTRIC VEHICLES DUE TO 30% CUT IN COST OF LITHIUM BATTERIES

http://www.hybridtechnologies.com/20080211

Mooresville, NC - February 11, 2008 - Hybrid Technologies, Inc. (NASD OTCBB: HYBR - News) www.hybridtechnologies.com (http://www.hybridtechnologies.com/), emerging leaders in the development and marketing of lithium-powered products worldwide, is pleased to announce substantial price reductions on the Smart Car, Mini Cooper, PT Cruiser and their all new Y-120.
In contrast to the continual increase in gas prices, the reduction in lithium battery costs allow Hybrid to pass savings along to their customers.
New, reduced prices for Hybrid Technologies’ 2008 models include the Mini Cooper at $57,500 for a $7,500 savings, the Smart Car at $43,500 for a $1,500 savings, the PT Cruiser at $55,000 for a savings of $10,000. Hybrid’s new Y-120 will have an introductory price of $39,500.


http://www.hybridtechnologies.com/files/pr-images/080211-yaris.jpg
http://www.hybridtechnologies.com/files/pr-images/080211-smart.jpg
http://www.hybridtechnologies.com/files/pr-images/080211-mini.jpg
http://www.hybridtechnologies.com/files/pr-images/080211-pt.jpg

Interesting -especially the price drop in cut in batteries

[rogwild]

Maybe there is still 'HOPE' that the V-1 will be released with Lithium Batteries by the time it is 'production ready'. Sure would like the 'increased life cycles' and weight reduction, but no way am I going to pay $43,500 for a Smart Car that doesn't 'TILT'.

[AZEqualizer]

I'm with you rog ... and the battery price drop was nice to hear. I was surprised to see anyone make a conversion of a real car to a PEV for under 75k (including the car that is)