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Transportation & Fuel Source Technology

Hybrid Technologies Inc. Initiates Production of Lithium Toyota Yaris

Hybrid Technologies, Inc, emerging leaders in the development and marketing of lithium-powered products worldwide, announces the production of beta models Toyota Yaris as Mooresville plant gears up to produce all-lithium version of the Toyota produced compact sedan.

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
  • Consumer desirability
  • 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. The large capacity vehicle is currently in use at NASA Kennedy Space Center. The Federal Fleet PT Cruiser (developed by Hybrid) is one of the world's only production models of high-speed electric vehicles. The PT cruiser is slated to fit within most Federal Agencies budget requirements. Due to its size and production cost the Toyota Yaris will complement Hybrid's private and public sector offerings.

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