Hybrid Technologies, Inc. (OTCBB: HYBT) Initiates Toyota Motor
Corporation (TMC) Produced Yaris Lithium Production, and Sets State
for Hybrid to Market Lithium Vehicle Internationally
Hybrid Engineers Select Top Selling Toyota (TMC) Yaris for 2008
Production Lineup; Market Leader Toyota Yaris All-Lithium Version
Ready for 2008
RALEIGH, NORTH CAROLINA and TOKYO, JAPAN--(Marketwire - November 19,
2007) - Hybrid Technologies, Inc. (OTCBB: HYBT)
(www.hybridtechnologies.com), emerging leaders in the development and
marketing of lithium-powered products worldwide, announces the
production of beta models Toyota (TOYOTA MOTOR CORPORATION: TMC)
Yaris as Mooresville plant gears up to produce all-lithium version of
the Toyota produced compact sedan.
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Toyota has been a recognized leader in the production of the
gas/electric Hybrid vehicle for over 10 years and has sold over one
million Hybrid units. "An all-lithium version of the Yaris seemed
like a natural fit," stated Richard Griffiths, Strategic Development
Consultant for Hybrid Technologies.
The Yaris was selected for production of an all-lithium version based
on the following criteria:
-Body design and ergonomics
-Weight and size of vehicle
-Manufacture quality control
-Adaptation to electric drive system
-Low entry-level unit cost (under $15,000 USD)
Holly Roseberry, President of Hybrid Technologies, Inc., stated: "As
Hybrid has a corporate mandate to keep our product line ahead of the
market and technology curve, we are pleased to have the Toyota Yaris
as a new venture for 2008. The Yaris embodies the key characteristics
our Federal and private consumers demand. The all-lithium Yaris will
clearly create a significant buzz once unveiled in 2008."
Hybrid Technologies originally developed a complete lithium system
for the PT Cruiser as part of a Space Act Agreement with NASA; it's
now one of the world's only production models of high-speed electric
vehicles. Due to its size and production cost the Toyota Yaris will
complement Hybrid's private and public sector offerings.
About Toyota: www.toyota.com
About Hybrid Technologies: www.hybridtechnologies.com
This press release may include forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. These statements are based on
the Company's current expectations as to future events. However, the
forward-looking events and circumstances discussed in this press
release might not occur, and actual results could differ materially
from those anticipated or implied in the forward-looking statements.
Hybrid Technologies, Inc.
Hybrid Technologies, Inc.