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Hybrid Technologies, Inc. (HYBR) to
Due to rising costs and increased emissions regulations worldwide, hybrid electric vehicles (HEV) are forecast to gain significant market share in the worldwide light vehicle market. According to Freedonia Group, Inc., worldwide demand for hybrid electric vehicles will advance to 3.9 million units in 2015 and then double again by 2020. Hybrid Technologies, Inc. (HYBR), a development stage company, engages in the development and marketing of electric powered vehicles and products based on advanced lithium battery technology in the
Hybrid vehicles have recently gained attention because of their low emissions and fuel economy benefits. Although at present, hybrid vehicles are not quite cost-effective, prices should decline as production volumes increase. Hybrid Technologies, Inc., on its part, has converted several test vehicles to electric power, including Chrysler PT Cruisers, Mini Coopers, Chrysler Crossfires, Mercedes’ Smart cars, and Mini Cooper lithium hybrid. The Company is also converting two-wheeled and three-wheeled vehicles such as bicycles, motorcycles, small ATV’s and vehicles for the handicapped into lithium-powered products.
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Beacon Equity Research Disclosure
The companies that are discussed have not always approved the statements made in this opinion. These reports are for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities mentioned. We are not a licensed or registered broker dealer, investment advisor, analyst or underwriter. Please consult a registered broker before purchasing or selling any securities viewed or mentioned here. Beacon Equity Research and its affiliates have been directly compensated a total of seven thousand five hundred dollars directly from InvestSource Inc. for enrollment of HYBR in its research program.
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