Compared to the Roadster, the L1X-75 GT costs more ($125,000 vs. $92,000-100,000), has less range (100 miles vs. 250) but it has one thing the Roadster doesn't have: availability. The L1X-75 GT will be available in about eight weeks. If you haven't put your name in for one of the Signature 100 Roadsters, you won't get your hands on one until 2008. If you just need an electric sports car before then, the L1X-75 GT (or the Spyder, which will be available later this summer) might be right for you. The L1X-75 GT is made from Mullen GT donor cars with the drive system replaced.
Hybrid Technologies has been working for years on the L1X-75 GT and plans to market it first to the wealthy in Japan, the United Arab Emirates and the US. The carbon fiber body and vehicle platform are made in L.A. and the electric drive system is made in Mooresville, North Carolina (that's another difference from Tesla). The 100-mile range comes after 4-6 hours of charging.
Hybrid Technologies' full press release is after the jump.
[Source: Motor Authority]
HYBRID TECHNOLOGIES INC. (NASD OTCBB: HYBT) SET TO LAUNCH GT VERSION OF L1X-75 ALL CARBON FIBER LITHIUM SUPERCAR.
Ferrari Killer Set To Show The World The Power Of Lithium. Hybrid Set To Change The Face Of Modern EV Sports Cars With The Newest Electric Stallion
LOS ANGELES, CA AND NEW YORK, NY - January 29th, 2007 - Hybrid Technologies, Inc. (NASD OTCBB: HYBT - News) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium powered products worldwide, has taken delivery of a specially designed, all carbon fiber version of the L1X-75. A joint venture with Mullen Motor Company has produced a significant advancement in the supercar arena with the launching of the L1X-75 GT.
Mullen was named by Forbes Magazine as the 7th fastest American production car, an honor shared with Saleen and Dodge Viper. The distinctive L1X-75 GT with its' combination of style, handling and performance makes it one of the most outstanding cars produced in the world today.
Hybrid Technologies, in conjunction with Mullen, has created a platform aimed at surpassing current electric sports cars with the use of a highly advanced battery management system, along with a proprietary battery balancing system. The L1X-75 GT incorporates safety elements that are presently incorporated into Hybrid's consumer products such as the New York City Taxi and the NASA Smart Car used at Kennedy Space Center.
At the time of press, Hybrid has announced an MSRP of $125,000 USD.
Based on current orders and enquiries, Hybrid is planning to pursue the Japanese market, the United Arab Emirates and the growing electric vehicle market in the United States.
Per the joint venture agreement with Mullen ( www.mullenmotorco.com), the vehicle platform and carbon fiber body was produced in Los Angeles, CA while the propulsion system is being produced in Mooresville, NC.
Hybrid Technologies has been developing a system for the L1X-75 GT for several years, therefore the launch will highlight the corporation's most advanced system and engineering advancements.
Holly Roseberry, President of Hybrid Technologies stated: "We have been developing these propulsion systems for many years, and with a tremendous amount of inspired work from our engineers we are now ready to introduce this very special product to the world. We anticipate that it will not only highlight Hybrid Technologies, but the entire electric vehicle movement."
Hybrid Technologies' development and production of the new L1X-75 GT will take place at Hybrid's state-of-the-art vehicle manufacturing facility in Mooresville, NC. The facility opening was covered by media nationally. To view media coverage visit: www.hybridtechnologies.com/events.php?eventID=060126