When new technologies first appear on the scene, they are sometimes held back as businesses look for the best way to take advantage of them. Some technologies are brought right to the fore while others lag in the shadows. Lithium batteries have been on technological hold for quite some time, but are now coming to the fore, and the myriad ways in which they can be used are rapidly being exploited.
Hybrid Technologies Inc., a development stage technology company, develops, markets and sells lithium batteries for products that can take advantage of their better energy storage capacity and environmental properties. Through its 69% interest in Zingo Inc., the company also operates in the Voice over Internet Protocol (VoIP) businesses.
The company has been receiving exceptionally positive reviews from the automotive world as its LiV series of cars shone at the New York Auto Show. These cars, with their lithium battery set-ups, have impressed many with their range and the environmental considerations attendant on lithium batteries. Further commercial applications appear to be showing positive results as well, with the company’s recent NYC taxicab contract awaiting analysis. NASA has also found an increasing interest in the company’s auto battery products with several test-car models being delivered.
As consumer demand increases for electric cars, Hybrid Technologies is likely to benefit greatly. It is, however, the company’s other battery products and VoIP markets that are likely to bring more immediate results. Getting around town or running quick local errands can be a big gas user, and one that the company is increasingly addressing. Its scooter and motorcycle lines are perfect for “quick jumps” around town and can easily get around traffic jams. If a driver should ever need a bit more get-up-and-go, the company is currently offering custom choppers or the ever-famous mini Cooper in electric form.
The company is finding world-wide attention with its VoIP services as well. Currently, it is working in Canada and Europe to bring superior quality and access to voice users of the internet. As technology advances, the company is expected to benefit in not only VoIP, but in each of its core businesses. Hybrid technologies Inc. is ready to take advantage with nary a sound from its engines.
Let us hear your thoughts below: