Hybrid Technologies, Inc. (OTCBB: HYBR) opened a fully-owned subsidiary in India in May of this year with the intention of creating greater in-house capabilities for research and development (R&D), and to explore the vast knowledge pool of India’s engineers.
As the R&D department began to grow, Hybrid Technologies created a power system that consists of an integrated network of high performance components that are adaptable to multiple energy sources and are capable of powering a wide variety of end-user product applications. The power system uses three kinds of energy including solar, a fuel cell, or a generator to charge lithium-ion and other types of rechargeable batteries.
Hybrid Technologies was incorporated in Nevada in 2000 and 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 directs its attention to 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. There is no need for oil or filter changes, or tuning.
Electric vehicles have less than 1/10th as many parts as a gas-operated car. There’s no engine, transmission, spark plugs, valves, fuel tank, tailpipe, distributor, starter, clutch, muffler or catalytic converter. One of the best way to reduce carbon emissions is to utilize the ever-cleaner, greener, and more renewable electricity grid to power transportation. Only grid-rechargeable cars can attain the end goal of zero-emissions and ensure fuel price stability.
Let us hear your thoughts: Hybrid Technologies, Inc. Message Board