February 24, 2006 Hymotion has unveiled a PHEV (Plug-in Hybrid Electric Vehicle) kit for a range of existing hybrid vehicles. Hymotion currently has systems available for Toyota Prius, Ford Escape Hybrid and Mercury Mariner Hybrid with systems under development for Lexus RX400h, Toyota Highlander Hybrid and Toyota Camry Hybrid.Plug-in Hybrid Electric Vehicles are more fossil-fuel-efficient than existing hybrids as they can be recharged by plugging into a regular household electrical outlet and can hence travel for a greater percentage of each journey on solely electrical power. The Hymotion PHEV kit includes up to seven times more battery capacity enabling the vehicles to be used as electric zero-emission cars for short journeys. According to the Electric Power Research Institute (EPRI), half the cars in the U.S. are driven just 25 miles a day or less so a plug-in vehicle with even a 20-mile range could reduce petroleum fuel consumption by about 60 percent. Though the Hymotion PHEV kit will initially cost US$9500 and will be sold only to Government and fleet owners, a target price of US$5000 is expected by the time the kit becomes available to the public 12 months from now. The advantages of PHEV include better fuel economy, fewer visits to gas station, lower fuel costs, less pollution and longer range in all-electric mode - the solution for spiking gas prices, CO2 emissions and dependence on imported oil.
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