Hybrid Update

Hybrids of the right type (actually save fuel) are flying off lots. Toyota is building a new battery factory (existing one if running 100%) and Toyota to make plug-in hybrid by 2010, Honda is going to triple production, and Ford Abandons Pledge On Hybrid Production

The question is will the high prices of gas stay high? If yes, Hybrids will stay in demand. If no, remember what happened after the oil crises of the 1970's...

Another challenge is having enough production of key parts to make more parts. Toyota builds it's own batteries (Toyota quality is amazing), so in order to increase production they need to build a new plant. They even build their own IGBT's (Electronic Switch).