Hybrid Technologies Announces Joint Manufacturing to Produce Lithium Powered Supercar With Mullen Motors

Hybrid Technologies, Inc. (OTCBB:HYBT) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium-powered products worldwide, has executed a joint venture agreement with premier sports car manufacturer Mullen motors, a Los Angeles based high-end exotic sports car manufacturer. (www.mullenmotorco.com)

Mullen was named by Forbes magazine as the 7th fastest American production car, an honor shared with Saleen and Dodge Viper. The distinctive GT with its combination of style, handling and performance makes it one of the most outstanding cars produced in the world today.

Hybrid will be taking orders for The Carbon Fiber Super Car at The 2006 New York International Auto Show at booth #4240. The performance of the emissions-free Carbon Fiber Super Car will match the current GT model which has a weight ratio of approximately 2,000 pounds with a top speed of 180 mph and a outstanding 0-60 mph in just over 3 seconds.

To view pictures of the GT Super Car, please click here: www.hybridtechnologies.com/media.php?mediaID=060212

The relationship with Hybrid Technologies and Mullen Motors provides Hybrid Technologies with a superlative vehicle in which to incorporate the latest in hybrid and lithium technologies. The vehicle will be unveiled to international automotive press/media as well as the public during the first day of the acclaimed New York International Auto Show. The Lithium Carbon Fiber Super Car Model is estimated to retail at approximately $124,900.

Arthur E. Allen, President of Mullen Motors, stated, "As a manufacturer of a precision automobile we are always forward-thinking in respect to automotive technology." He also stated, "This relationship with Hybrid Technologies is a wonderful collaboration of design, technology and foresight. We are pleased to be the automobile manufacturer of choice for Hybrid Technologies and I personally am excited to see this new lithium Super Car on the street."

Hybrid Technologies' development and production of the new Hybrid Super Car will take place at Hybrid's new vehicle manufacturing facility in Mooresville, NC. The plant opening was covered by media nationally. To view media coverage, go to:

www.hybridtechnologies.com/events.php?eventID=060126

Holly Roseberry stated, "Our Corporation has expanded to include federal Government fleet vehicles, Swat Team all terrain vehicles, Smart Cars and now a lithium Super Car. The joint venture between Mullen and Hybrid is a true testament to the American Automotive ingenuity and entrepreneurship. The Lithium Carbon Fiber Super Car is a turning point in the perception of what electric vehicles can be. Being the first to build a vehicle such as this in America by Americans is a proud moment for our corporation."

For interview of Mullen President-CEO or Hybrid Technologies Executives please contact: pr@hybridtechnologies.com

About Hybrid Technologies: www.hybridtechnologies.com

About Mullen Motors: www.mullenmotorco.com