As the gas prices soar like the Sears tower, the need for fuel efficient cars has by far been the mother of all demands. Car manufacturers are bent upon making cars fuel efficient and thus speeds and ot

her amenities become secondary. Toyota has introduced Prius, a hybrid car based on lithium iron phosphate battery which can run for 125 miles on a 1 gallon of gas. This is the most fuel efficient car to-date.

Lithium Technology Corporation (LTC) announced that its’ new lithium iron phosphate (LiFePO4) technology might be incoporated in hybrid cars expected to arrive in the market in 2008-2009. The Toyota Prius demonstrated by LTC was also equipped with a “plug-in” capability which allows it to recharge using conventional power sources (such as a power outlet in the owner’s garage). Currently there are no “plug-in” capable cars on the market but special conversion kits are available and a small number of people are already using them to recharge their hybrid vehicles.

If this car becomes a reality, we could possibly have a good set of solutions to counter the rising oil prices and the lack of it. As it burns less gas than other cars, this car has to be environment friendly as well. Everything comes back to environment, doesn’t it?