Hybrid Technologies Inc. (HYBR.OB) is a development stage technology company. The company is engaged in the development and marketing of lithium battery-powered products worldwide. The main emphasis for Hybrid Technologies has been to develop a lithium battery for use in an electric car which will have a substantial drive range.
Hybrid Technologies’ Project Development Engineer, Ron Cerven, was featured on the WBT 1110 AM Talk Radio Show located in North Carolina. He was asked to share the company’s viewpoint on Senator John McCain’s recent challenge to award a $300 million government prize to whoever can develop an automobile battery for electric cars with at least a 300-mile drive range.
When asked if the 300 mile target that Senator McCain set was feasible, Mr. Cerven stated that it was a good goal. Mr. Cerven went on to say that Hybrid Technologies already has a proven lithium battery that gives electric vehicles a 135 mile drive range. He also mentioned that the company was close to moving onto the next stage of development, with a battery that will extend the drive range of a vehicle by an additional 30% to a 175-mile drive range. Mr. Cerven expressed confidence that Hybrid Technologies is in the forefront of developing such technology.
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