I went from a Chrysler New Yorker to a Toyota Echo, the one all gasoline car from the same company that competes with the Toyota Prius (TM) which gets somewhere between 52 - 60 MPG depending on who you talk to. I'd love a Toyota Prius if it were not for the $25,000 plus price tag. I'll keep my $10,500 42 MPG Toyota Echo for the time being. Its no wonder that Toyota discontinued the Echo for the heavier, more expensive, lower MPG replacement.
Little did I know that in North Carolina, a company of a little over 300? employees is making all electric vehicles. Perhaps we should start focusing on them and also put them on our watch list or in our stock portfolio.
Hybrid Technologies Inc OTC BB:(HYBR)
This company just announced it is working on a new supercar using a gas-electric hybrid engine and that should hit 220 mpg. Hybrid Technologies is aiming for a 150 to 180-mi. range per charge from the all-electric model, while its lithium-ion model meets gas hybrid needs to hit 220 mpg—minimum.You will be able to purchase this car the company says in either late 2009 or early 2010. We can't wait!
At a price of no less than $39,000, it makes the Prius look cheap.
ReplyDeleteThat said, I do love the idea of 200 mpg. We need these vehicals for National Security or until Congress gets it's act together and allows the oil companies to explore for new oil reserves off domestic coastlines.
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ReplyDeleteI have not researched it but yesterday my friend told me that he heard that Toyota Prius dealers were once again asking thousands of dollars more than sticker because these cars are in extremely short supply. "Charge what the market will bear" I find it hard to think that people are willing to pay so many more thousands for a car that even though it is great environmentally, they are not realizing the economic efficiency to their own pockets when paying above and beyond the regular price. But then again, when someone wants something bad enough, price is not the main concern.
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