The car will come in two versions: one for the Auto X Prize that will have a gasoline engine and battery and another all-electric version.

The gas-battery hybrid will get the equivalent of 220 miles per gallon while the all-electric will get 150 mpg to 180 mpg. A drivable prototype is set to hit the streets in September.

Hybrid Technologies doesn’t get nearly as much attention as Tesla Motors and Fisker Automotive, which are both preparing hybrid-electric sports cars.

But Hybrid Technologies has ambitious plans to make a range of vehicles that run on lithium-based batteries, including scooters, bicycles, mopeds, motorcycles, and cars.

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