Volvo Promises Hybrid Truck Engines By 2009 - AFP

Just in time, guys!! :eyes:

Swedish lorry and bus manufacturer AB Volvo said on Friday that it had developed a hybrid diesel-electric engine for trucks and buses which could go into production by 2009. Hybrid technology, which allows vehicles to run alternately on diesel or electricity or both simultaneously, has become increasingly popular for passenger cars, but Volvo said it was the first to produce hybrid technology for heavy vehicles. "Hybrid technology has been used for cars for five or 10 years now. The oil price, technology and the lower cost of batteries now makes it an efficient option for trucks and buses, too," Volvo Technical Director Lars-Goeran Moberg told AFP.

The development of hybrid technology has been hampered by the cost of batteries, but Volvo said that improved battery know-how, as well as predictions that the oil price would rise even higher, had made the technology viable and cost-effective. "Within a few years we will show you a real vehicle that really works with hybrid technology for trucks and buses," chief executive Leif Johansson said at a presentation.

EDIT

In addition to trucks, city buses and garbage trucks, the new generation of engines could also be used in construction and farm vehicles, as well as heavy machinery, Johansson said. Volvo was currently spending 450 million kronor (57 million dollars, 48 million euros) per year on the development of the technology, rising to "several billion" once the production stage was reached.

Johansson said the technology was promising enough to attract competitors also, but he believed "that we are way, way ahead".

EDIT

:wtf:

http://www.spacemart.com/reports/Volvo_Promises_Hybrid_Truck_Engines_Within_Three_Years.html

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The fuel bill for city buses, for example, could be cut by a third, which would allow operators to recoup the higher costs of buying hybrid engines within two years, he said.

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Now if they start making hybrid school buses, they could save school districts big bux with this stuff....

THere's at least a few dozen on the road already in the US.