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HYBRID TECHNOLOGIES INC. (OTCBB: HYBR) ANNOUNCES PRICE REDUCTIONS FOR ALL 2008 ELECTRIC VEHICLES DUE TO 30% CUT IN COST OF LITHIUM BATTERIES

Hybrid Technologies – Pleased to be a Leader in Manufacturing of Electronic Vehicles at a Time When Oil Prices are up 100% and Lithium Battery Prices are down 30%

Mooresville, NC - February 11, 2008 - Hybrid Technologies, Inc. (NASD OTCBB: HYBR - News) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium-powered products worldwide, is pleased to announce substantial price reductions on the Smart Car, Mini Cooper, PT Cruiser and their all new Y-120.

In contrast to the continual increase in gas prices, the reduction in lithium battery costs allow Hybrid to pass savings along to their customers.

New, reduced prices for Hybrid Technologies’ 2008 models include the Mini Cooper at $57,500 for a $7,500 savings, the Smart Car at $43,500 for a $1,500 savings, the PT Cruiser at $55,000 for a savings of $10,000. Hybrid’s new Y-120 will have an introductory price of $39,500.

Y-120 CITY CAR:
The practical and affordable daily use City Car is now the most advanced solution for consumers wanting to get into emission free vehicles at an affordable price.

THE SMART CAR:

MINI COOPER:

THE PT CRUISER:

About Hybrid Technologies: www.hybridtechnologies.com

For additional information:

Media Contact:
1-888-HYBTECH (1-888-492-8324)
pr@hybridtechnologies.com

Investor Relations
1-888-669-1808
info@hybridtechnologies.com

Forward-Looking Statement
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements