Hybrid Technologies, Inc. (OTC BB:HYBT.OB) will produce a beta version of battery powered Toyota Yaris beginning in 2008.
Hybrid, which develops lithium-powered products worldwide, is gearing up to produce an all-lithium powered version of the Toyota-produced compact sedan.
“An all-lithium version of the Yaris seemed like a natural fit,” stated Richard Griffiths, Strategic Development Consultant for Hybrid Technologies.
The company says the low entry level cost of less than $15,000, was a primary reason the Yaris was selected for production.
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.
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