<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

[X]      Quarterly Report pursuant to Section 13 or 15(d) of the Securities
         Exchange Act of 1934

                  For the quarterly period ended April 30, 2005
                                ----------------

[  ]     Transition Report pursuant to 13 or 15(d) of the Securities Exchange
         Act of 1934

            For the transition period from                to
                                           ------------     --------------

            Commission File Number           000-33391


                            HYBRID TECHNOLOGIES, INC.
         ---------------------------------------------------------------
        (Exact name of Small Business Issuer as specified in its charter)


          Nevada                                    88-0490890
----------------------------------       -----------------------------
(State or other jurisdiction of          (IRS Employer Identification No.)
 incorporation or organization)


5001 East Bonanza Road, Suite 138-145
Las Vegas, Nevada                                           89110
-----------------------------------------     -------------------------
(Address of principal executive offices)           (Postal or Zip Code)


Issuer's telephone number, including area code: 818-780-2403

                      5001 East Bonanza Road, Suite 144-145
                             Las Vegas, Nevada 89110

-----------------------------------------------------------------------
Former name, former address and former fiscal year, if changed since
                                 last report)


State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date: 16,707,710 shares of $0.001 par value
common stock outstanding as of May 31, 2005.



<PAGE>





                            HYBRID TECHNOLOGIES, INC.

                                TABLE OF CONTENTS


                                                                            Page
No.
PART I.  FINANCIAL INFORMATION

ITEM I - Unaudited Consolidated Financial
          Statements

         Consolidated Balance Sheets as of April 30,
         2005 (Unaudited) and January 31, 2005 (Audited)                     F-1


         Consolidated Statements of Operations for the Three Months
         Ended April 30, 2005 and 2004 and from inception (April 12,
         2000) to April 30, 2005 (Unaudited)                                 F-2


         Consolidated Statements of Cash Flows for the Three Months
         Ended April 30, 2005 and 2004 and from inception (April 12,
         2000) to April 30, 2005 (Unaudited)                                 F-3

         Notes to Consolidated Financial Statements                          F-4

ITEM 2 - Management's Discussion and Analysis of Financial Condition and
         Results of Operations.

ITEM 3 - Controls and Procedures.


PART II. OTHER INFORMATION

ITEM 3 - Legal proceedings



ITEM 6 - Exhibits



EXHIBIT 31 - Certification pursuant to Section 302 of the Sarbanes-Oxley Act of
2002

EXHIBIT 32 - Certification pursuant to Section 906 of the Sarbanes-Oxley Act of
2002


<PAGE>









                            HYBRID TECHNOLOGIES, INC.
                          (A Development Stage Company)

                        CONSOLIDATED FINANCIAL STATEMENTS

                                 APRIL 30, 2005




<PAGE>



HYBRID TECHNOLOGIES, INC.
(formerly Whistler Investments, Inc.)
A DEVELOPMENT STAGE COMPANY
CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>

                                                                          (UNAUDITED)
                                                                           April 30,     January 31,
  ASSETS                                                                     2005           2005
-----------------------------------------------------------------------------------------------------
<S>                                                                        <C>            <C>

    Current assets:
      Cash                                                                 $120,655       $103,718
      Accounts receivable                                                     4,962          5,696
      Inventory                                                              24,751         18,903
      Other current assets                                                    9,953         11,137
                                                                           --------       --------
                                            TOTAL CURRENT
                                            ASSETS                          160,321        139,454


    Property and equipment, net                                              42,769         27,596


    Other assets                                                            123,671        153,671
                                                                           --------       --------

                                                                           $326,761       $320,721
                                                                           ========       ========
     LIABILITIES AND STOCKHOLDERS' DEFICIT
---------------------------------------------------------------------------------------------------
Current liabilities:
      Note payable                                                      $    80,000      $  80,000
      Current portion of long-term debt                                   3,000,000            --
      Accounts payable and accrued expenses                                 547,232         503,181
      Advances from related parties                                       2,414,549       1,585,767
                                                                       ------------    ------------
                                            TOTAL CURRENT
                                            LIABILITIES                   6,041,781       2,168,948

    Long-term debt                                                             --         3,000,000


    Commitments and contingencies                                              --


    Minority interest                                                          --             2,480

    Stockholders' deficit
      Preferred stock, $.001 par value, 5,000,000 shares
       authorized, no shares issued                                            --              --

      Common stock, $.001 par value, 27,000,000 authorized
      6,804,710 shares issued and outstanding April 30, 2005
      6,804,133 shares issued and outstanding January 31, 2005                6,804           6,804
      Additional paid in capital                                         13,888,852      13,888,852
      Deficit accumulated during the development stage                  (19,610,676)    (18,746,363)
                                                                       ------------    ------------

                                                                         (5,715,020)     (4,850,707)

     Less subscriptions receivable                                             --              --
     Less deferred compensation                                                --              --
                                                                       ------------    ------------

                                                                         (5,715,020)     (4,850,707)
                                                                       ------------    ------------

                                                                       $    326,761    $    320,721
                                                                       ============    ============
</TABLE>

   (The accompanying notes are an integral part of these financial statements)


                                      F-1
<PAGE>




HYBRID TECHNOLOGIES, INC.
(formerly Whistler Investments, Inc.)
A DEVELOPMENT STAGE COMPANY

 CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED
<TABLE>
<CAPTION>

                                                                                                               UNAUDITED
                                                                            UNAUDITED         UNAUDITED       -----------
                                                                                Three months ended             Inception
                                                                         ----------------------------------     through
                                                                           April 30,         April 30,         April 30,
                                                                              2005              2004              2005
--------------------------------------------------------------------------------------------------------------------------
<S>                                                                           <C>          <C>                  <C>

Costs and expenses:

  General and administrative                                              $   456,146      $    167,729       $ 2,350,327

  Management and consulting fees                                              162,409           793,975         1,694,519

  License and permits                                                          52,694           950,000         2,566,947

  Other professional fees                                                       8,880            58,909           436,954

  Research and development                                                    130,484            37,484           217,574

  Stock- based compensation                                                      --           7,296,750        11,465,467
                                                                          -----------      ------------      ------------
                   (Loss from operations)                                    (810,613)       (9,304,847)      (18,731,788)


Other income (expense)

   Interest                                                                   (69,526)          (30,000)         (183,681)

  Other income                                                                 13,346              --              42,617
                                                                         ------------      ------------      ------------
                                                                              (56,180)          (30,000)         (141,064)
          Net (loss) before discontinued operations
             and minority interest                                       $   (866,793)     $ (9,334,847)     $(18,872,852)


          Loss from discontinued operations                                      --                --            (757,024)
                                                                         ------------      ------------      ------------
                                                                             (866,793)       (9,334,847)      (19,629,876)
          Minority interest in net  (loss)                                      2,480              --              19,200
                                                                         ------------      ------------      ------------

          Net (loss)                                                     $   (864,313)     $ (9,334,847)     $(19,610,676)
                                                                         ============      ============      ============

     Net (loss) per share before discontinued operations                 $       0.13)     $      (1.53)

    (Loss) per share from discontinued operations                        $       --        $         --
                                                                         ------------      ------------
      Net (loss) per share, Basic and Fully diluted                      $      (0.13)     $      (1.53)
                                                                         ============      ============



    Weighted number of shares outstanding                                   6,804,422         6,117,300
                                                                         ============      ============
</TABLE>


  (The accompanying notes are an integral part of these financial statements)



                                      F-2
<PAGE>

HYBRID TECHNOLOGIES, INC.
 (formerly Whistler Investments, Inc.)
 A DEVELOPMENT STAGE COMPANY

 CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED
<TABLE>
<CAPTION>
                                                                                                          UNAUDITED
  THREE MONTHS ENDED                                                                                    ------------
                                                                         UNAUDITED        UNAUDITED       Inception
                                                                        ------------     -----------       through
                                                                         April 30          April 30        April 30
                                                                           2005              2004            2005
---------------------------------------------------------------------------------------------------------------------
<S>                                                                    <C>              <C>             <C>
   Cash Flows from Operating Activities:

    Net (loss) for the period                                          $  (864,313)     $(9,334,847)    $(19,610,676)
    Adjustments to reconcile net (loss) to cash

      Depreciation                                                           1,000            1,022          (10,529)

      Amortization                                                          30,000             --            386,000

      Minority interest in loss                                             (2,480)            --            (19,200)

      Stock-based compensation                                                --          7,296,750       11,465,467

      Increase in accounts receivable                                          734             --                734

      Increase in inventories                                               (5,848)            --             (5,848)

      Increase in prepaid expenses and other assets                          1,184             --              1,184

      Increase (decrease) in accounts payable and accrued expenses          44,051          (39,472)         547,232

      Expense settled with the issuance of stock                              --               --              8,750

      Contributed expenses                                                    --               --              6,000

      Write off of mineral property                                           --               --              5,150

      Loss from discontinued operations                                       --               --            757,024
                                                                       -----------      -----------      -----------

                  CASH (USED IN) OPERATING ACTIVITIES                     (795,672)      (2,076,547)      (6,468,712)

    Cash Flows from Investing Activities:

    Increase in other assets                                                  --             (1,105)        (160,420)

    Purchase of mineral property                                              --               --             (5,150)

    Purchase of property and equipment                                     (16,173)            --            (53,298)
                                                                       -----------      -----------      -----------
                  CASH (USED IN) INVESTING  ACTIVITIES                     (16,173)          (1,105)        (218,868)

    Cash Flows from by Financing Activities:

      Sale of minority interest in subsidiaries                               --               --             19,200

      Proceeds from the exercise of stock options                             --            686,625        1,514,795

      Proceeds from the issuance of debt                                      --          2,920,000        2,920,000

      Advances from related parties                                        828,782         (545,044)       2,064,940

      Proceeds from the issuance of common stock                              --             50,000          289,300
                                                                       -----------      -----------      -----------

                  CASH PROVIDED BY FINANCING ACTIVITIES                    828,782        3,111,581        6,808,235

    Net increase in cash                                                    16,937        1,033,929          120,655

    Cash at beginning of period                                            103,718          169,428             --
                                                                       -----------      -----------      -----------
    Cash at end of period                                              $   120,655      $ 1,203,357      $   120,655
                                                                       ===========      ===========      ===========
</TABLE>

  (The accompanying notes are an integral part of these financial statements)


                                      F-3
<PAGE>

HYBRID TECHNOLOGIES, INC.
(formerly Whistler Investments, Inc.)
A Development Stage Company

Notes to the Consolidated Financial Statements April 30, 2005
-------------------------------------------------------------------------------

Note 1. Financial Statement Presentation

The financial statements have been prepared in accordance with Securities
Exchange Commission requirements for interim financial statements. Therefore,
they do not include all information and footnotes required by accounting
principles generally accepted in the United States for complete financial
statements. These financial statements should be read in conjunction with the
financial statements and notes thereto contained in the Company's Annual Report
on form 10-K for the year ended January 31, 2005 as filed with the Securities
Exchange Commission on May 23, 2005.

The results of operations for the interim periods shown in this report are not
necessarily indicative of results to be expected for the full year. In the
opinion of management, the information contained herein reflects all adjustments
necessary to make the results of operations for the interim period a fair
statement of such operations. All such adjustments are of a normal recurring
nature.


Note 2. Going Concern

The Company's financial statements are prepared based on the going concern
principle. That principle anticipates the realization of assets and payments of
liabilities through the ordinary course of business. No adjustments have been
made to reduce the value of any assets or record additional liabilities, if any,
if the Company were to cease to exist. The Company's ability to remain a going
concern is dependant upon its ability to raise additional capital as required
and the forbearance of the Company's creditors. There are no guarantees that the
Company will be able to meet its capital needs until as such time as a viable
business is established. Additionally, the lack of capital may limit the
Company's ability to establish a viable business.

Note 3. Stockholders' deficit

In February, 2005, the Board of Directors authorized a one for ten (10%) stock
dividend. The stock dividend has been reflected in the accompanying Statement of
Stockholders' Deficit. On March 9, 2005, the Board authorized a one for (1-10)
reverse stock split. The financial statements have been adjusted to give
retroactive effect to this split as had it occurred February 1, 2004.


During the quarter ended April 30, 2005, 577 shares were issued as a result of
the stock dividends and splits to eliminate fractional shares. No value is
assigned to these shares.

In addition to the shares listed as issued and outstanding, the Company set
aside 9,900,000 shares as collateral for the payment of the $3,000,000 loan with
Sterling Capital.

In April, 2005 the Board authorized a second stock option plan (the 2005 plan).
The 2005 plan provides for options equivalent to 2,000,000 shares to be issued
to qualified employees.

Subsequent to April 30, 2005, the balance of options available under the
original stock option agreement were issued to an employee. There are no options
left under that plan. Additionally options equivalent to 30,000 shares of stock
under the new plan were issued to two other employees.


                                      F-4
<PAGE>

WHISTLER INVESTMENTS, INC.
(A Development Stage Company)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
OCTOBER 31, 2004
--------------------------------------------
(Expressed in US Dollars)
--------------------------------------------------------------------------------

Note 4. Business combination

Effective December 3, 2004, Whistler Tel, Inc. a wholly-owned subsidiary of the
Company acquired the assets of Trade Winds Telecom, LLC (Trade Winds) a company
owned indirectly by a shareholder of the Company for a cash payment of $20,175
and a note in the amount of $80,000 due in December 2005. The acquisition has
been accounted for as a purchase. Due to the relationship, the assets were
recorded at their historical cost basis. The purchase price in excess of the
cost bases of the assets, approximately $55,000, was charged against additional
paid in capital.

Trade Winds was organized in 2003 and is engaged in selling internet based voice
communication products and services to international customers.

The following proforma information for the three months ended April 30, 2004
gives effect to the acquisition of Trade Winds has had it occurred February 1,
2004:

<TABLE>
<CAPTION>
                                                           Pro-forma       Pro-forma
                                            As reported    adjustments      (loss)
                                            -----------    -----------    -----------
<S>                                         <C>            <C>            <C>
Costs and expenses:
Other income (expense)                      $(9,304,847)   $   (24,328)   $(9,329,175)

Interest                                        (30,000)          --          (30,000)

Other income                                       --             --             --
                                            -----------    -----------    -----------
Net (loss) before discontinued operations
and minority
interest                                     (9,334,847)       (24,328)    (9,359,175)

Loss from discontinued operations                  --             --

Minority interest in net loss                      --             --
                                            -----------    -----------    -----------
Net loss                                    $ (9,334,847)  $   (24,328)   $(9,359,175)
                                            ===========    ===========    ===========
</TABLE>


                                      F-5
<PAGE>

Item 2. Management's Discussion and Analysis or Plan of Operation

FORWARD LOOKING STATEMENTS

This quarterly report contains forward-looking statements that involve risks and
uncertainties. We use words such as anticipate, believe, plan, expect,
future, intend and similar expressions to identify such forward-looking
statements. You should not place too much reliance on these forward-looking
statements. Our actual results are likely to differ materially from those
anticipated in these forward-looking statements for many reasons, including the
risks faced by us described in this section.

THREE MONTHS ENDED APRIL 30, 2005 and 2004

We incurred a net loss of $864,313 the three months ended April 30, 2005, which
included management and consulting fees of $162,409, general and administrative
costs of $456,146, professional fees of $8,880, and research and development
expense of $130,484.

Our net loss for the  three-month  period  ended  April 30,  2005  decreased
substantially from the comparative period in fiscal 2004 (from $9,334,847 in
2004 to $864,313 in 2005). This was primarily due to $7,296,750 in stock-based
compensation in 2004, as compared with none in the comparable period in 2005, an
increase in administrative costs from $167,729 in 2004 to $456,146 in 2005, a
decrease in management and consulting fees from $793,975 in 2004 to $162,409 in
2005, an increase in research and development expense from $37,484 in 2004 to
$130,484 in 2005, and a decrease in license and permit fees from $950,000 in
2004 to $52,694 for the comparable period in 2005. We also incurred interest
expense of $69,526 related to loans payable, as compared with $30,000 for the
comparable period in 2004.

PLAN OF OPERATION

During the period since inception on April 12, 2000 to April 30, 2005, we have
incurred operating losses aggregating $19,610,676. At April 30, 2005, we had a
working capital deficiency of $5,881,460 and a stockholders' deficit of
$5,715,020.

The continuation of the Company as a going concern is dependent upon the
continued financial support from our shareholders, our ability to obtain
necessary equity financing to continue operations, and the attainment of
profitable operations. Our auditors have expressed substantial doubt concerning
our ability to continue as a going concern.

As of April 30, 2005, we had cash on hand of $120,655. Our liabilities at the
same date totaled $6,041,781. We anticipate that our license fee expense to
acquire the licenses from RV Systems, Inc. will be in excess of $1,900,000, if
we secure rights to all licensed products. We do not have sufficient cash on
hand to meet these anticipated obligations.


Distribution and Licensing Agreement With RV Systems, Inc.

         On October 21, 2003, we entered into the new License Agreement with RV
Systems for the worldwide arena (with the exception of India for the two- and
three-wheeled vehicle technology) to sell, distribute and/or manufacture (or
arrange for the sale, distribution or manufacture of) specified products
utilizing the portable power systems (the "Licensed Technologies"), developed by
Lithium House. Lithium House is an affiliate of RV Systems, and has licensed all
product development to RV Systems for products and applications of portable
power systems utilizing Lithium House's proprietary lithium battery technology.
The License Agreement with RV Systems covers Licensed Technologies in three
separate product groups: two- and three-wheeled vehicles to be manufactured and
sold in all countries of the world except India; lawn and garden equipment to be
manufactured and sold in all countries of the world; and NEV's to be
manufactured and sold in all countries of the world.


<PAGE>

         Subject to the terms of the License Agreement, RV Systems, as Licensor,
has granted to us, during the term of the License Agreement, and upon the terms
and conditions set forth in the License Agreement, a non-assignable right and
license to market, sell, manufacture, and distribute the Licensed Technologies
in all countries of the world, with the exception of India for two- and
three-wheeled vehicles. We have the right, upon receipt of written approval and
due diligence by the Licensor, to sublicense any of the rights and licenses
granted in the License Agreement to or enter into distribution agreements with
third parties ("Sublicensees") with the written consent of Licensor to the
sublicense or distribution agreement and the approval of Licensor of the related
agreement or agreements with the particular Sublicensee, which consent or
approval shall not unreasonably be withheld.

         The term of the License Agreement commenced on October 21, 2003, and
continues for a period of five License Years. NEV's were added to the Licensed
Technologies on November 14, 2003. The term is automatically renewed for three
succeeding License Years unless earlier terminated by either party upon not less
than 90 days prior written notice to the other of intent to terminate.

The Company is required to pay the Licensor the technology payments (the
"Technology Payments") (to be paid to Lithium House) as specified in the License
Agreement ($100,000 for two- and three-wheeled vehicles, and $50,000 for lawn
and garden equipment) to be paid on or before October 31, 2003. For NEV's we are
required to pay $250,000 no later than December 31, 2003, with a weekly minimum
of $15,000. We are also required to pay Licensor product development payments of
$400,000, on or before December 31, 2003, with a weekly minimum of $15,000, for
two- and three-wheeled vehicles; $200,000 for lawn and garden equipment, on or
before December 31, 2003, with a weekly minimum of $15,000; and $1,000,000,
payable no later than March 31, 2004, with a weekly minimum of $35,000 for NEV's
("Product Development Payments"). We have signed additional amendments to the
License Agreement as of January 5, February 2 and March 20, 2004, covering power
systems for watercraft, solar houses and lithium battery power packs,
respectively. These additional agreements require Technology and Product
Development Payments of $2,500,000 ($250,000 for watercraft, due no later than
March 31, 2004; $2,000,000 for solar houses, $500,000 of which was payable no
later than March 31, 2004, and $1,500,000, due no later than October 31, 2004;
and $250,000 for lithium battery power packs, $50,000 of which was payable no
later than June 30, 2004 and $200,000 of which was payable no later than
September 30, 2004. As of January 31, 2005, we had paid approximately $2,300,000
in license fees as of that date. Total license fees payable under the License
Agreement and amendments are $4,500,000, leaving approximately $2,200,000in
license fees payable subsequent to January 31, 2005.


Pursuant to a letter agreement dated February 3, 2004, Hybrid Technologies was
required to pay to RV Systems, Inc. a minimum of $35,000 per week,
notwithstanding any payments required under licensing agreements. This letter
agreement was supplemented by a letter from RV Systems dated May 10, 2005,
confirming that RV Systems has received all of the Technology Payments
($1,000,000) and the two and three wheel Product Development License payments
have been paid in full as of January 31, 2005. The letter further states that
all licenses under the licensing agreements are in good standing.



<PAGE>

Commercial Initiatives

We  have  commercial initiatives  in  China  with  Geely  Corporation.  The
proposed joint venture agreement with Geely has been drafted. The  party to the
agreement for Hybrid Technologies would be a Chinese company owned by a Hybrid
Technologies Hong Kong subsidiary. The Chinese company is in the process of
being formed. We have completed two prototypes, the E-Cobra and the Jin Bike.
Geely has given us prices to convert motorbikes and for the molding, and we plan
to send them a purchase order. We plan to use the bikes for beta testing in the
United States and China for rentals and other niche markets. We are in
discussions with Loveson of Bombay, India, for the manufacture of bicycles to be
converted into electric bikes. We have also delivered a prototype to the U.S.
Navy, and have delivered a prototype "R-Car" to Cinema Vehicles. We have
converted a prototype 2004 Chrysler PT Cruiser pursuant to a letter received
from the City of Austin, relating to the conversion of vehicles for the City of
Austin, TX, and have displayed the vehicle at the CES tradeshow in Austin. We
are constructing a lithium power solar house in Van Nuys, California. For a
discussion of our commercial initiatives, please refer to "Current Joint Venture
Negotiations in Progress" above under "Item 1. Description of Business".


5.2 Liquidity and Capital Resources

Since our incorporation, we have financed our operations almost exclusively
through the sale of our common shares to investors. We expect to finance
operations through the sale of equity in the foreseeable future as we do not
receive revenue from our current business operations. There is no guarantee that
we will be successful in arranging financing on acceptable terms.

On February 24, 2004, we announced receipt of $1 million dollars of a $3 million
dollar non-recourse loan to be collateralized by stock. On April 14, 2004, we
drew down an additional $1,000,000 on this loan, and on April 22, 2004, we drew
down the final $1,000,000 of the loan. The lender is Sterling Capital, Inc., and
the loan is collateralized by 9,000,000 shares of restricted common stock (split
adjusted).


         We have raised equity capital through issuances of common stock and
debt. During the year ended January 31, 2005, we received proceeds of $925,295
from the exercise of stock options and $50,000 from the issuance of common
stock. During the three months ended April 30, 2005, we received proceeds of
$828,782 from loans from related parties.

         At April 30, 2005, we had $120,655 cash on hand. Our ability to raise
additional capital is affected by trends and uncertainties beyond our control.

         Our current operating funds are less than necessary to complete the
license payments to RV Systems for commercialization of products utilizing
Lithium House portable power systems under the License Agreement, and therefore
we will need to obtain additional financing in order to complete our business
plan. Our business plan will require substantial additional financing in
connection with the initial commercialization of the products under the License
Agreement. We anticipate that our license fee expense to acquire the licenses
from RV Systems, Inc. will be in excess of $1,900,000, if we secure rights to
all licensed products, and that up to $2,000,000 of additional working capital
will be required over the next 12 months for market introduction of these
products through joint venture partners or otherwise. We do not have sufficient
cash on hand to meet these anticipated obligations.

         We do not currently have any arrangements for financing and we may not
be able to find such financing if required. Obtaining additional financing would
be subject to a number of factors, including investor sentiment. Market factors
may make the timing, amount, terms or conditions of additional financing
unavailable to us.

<PAGE>


         Our auditors are of the opinion that our continuation as a going
concern is in doubt. Our continuation as a going concern is dependent upon
continued financial support from our shareholders and other related parties.


Item 3. Controls and Procedures.

As of the end of the fiscal quarter covered by this Form 10-QSB, the Company
carried out an evaluation, under the supervision and with the participation of
the Company's management, including the Company's Chief Executive Officer and
Principal Financial and Accounting Officer, of the effectiveness of the design
and operation of the Company's disclosure controls and procedures as defined in
Rule 13a-14 of the Securities Exchange Act of 1934. Based upon that evaluation,
the Chief Executive Officer and Principal Financial and Accounting Officer
concluded that the Company's disclosure controls and procedures are effective in
timely alerting her to material information relating to the Company (including
its consolidated subsidiaries) required to be included in this Quarterly Report
on Form 10-QSB. There have been no changes in the Company's internal controls or
in other factors which could significantly affect internal controls subsequent
to the date the Company carried out its evaluation.


PART II- OTHER INFORMATION

ITEM 3. LEGAL PROCEEDINGS.

Other than as described below, we are not a party to any material legal
proceedings and to our knowledge, no such proceedings are threatened or
contemplated. At this time we have no bankruptcy, receivership or similar
proceedings pending.


Securities and Exchange Commission Inquiry

         On July 30, 2004, we received a request for voluntary production of
documents and information pursuant to a Securities and Exchange Commission
informal inquiry. The documents requested include those related to our stock
issuances, its major corporate transactions, including the Azra shopping center,
the Queens mineral property and the licensing agreements with RV Systems, and to
its agreements with consultants and related parties, as well as those relating
to potential joint venture partners and customers. We are fully cooperating with
the Commission in response to its request for information.


Planet Electric, Inc. Stockholder Litigation

         On October 17, 2003, we were served with a complaint filed on October
15, 2003, by Michael McDermott, as a stockholder of Planet Electric, Inc. and
purportedly on behalf of Planet Electric in the United States District Court for
the Central District of California. Charles (Chaz) Haba was one of the founders
of Planet Electric, and was associated with that company from until early 2002.
The complaint lists Charles Haba, other individuals, Lithium House, Inc.,
Nupow'r LLC, Nu Age Electric, Inc., Dynamic Concepts aka NPDI, and Whistler
Investments, Inc. as defendants. The complaint sought an injunction prohibiting
certain defendants from continuing their business relationship and transfer of
alleged Planet Electric trade secrets or processes and also seeks damages for:
patent infringement against Charles Haba, companies that Mr. Haba has been
associated with since his involvement with Planet Electric, and us; breach of
fiduciary duty against Mr. Haba; breach of confidential relationship against Mr.
Haba; conversion against Mr. Haba and certain other individual defendants;
various business torts against Mr. Haba, Lithium House, NuPow'r and Nu Age;
trade secret misappropriation against all defendants.

<PAGE>

    On June 29, 2004, the parties stipulated to dismiss this case.

Charles Haba v. Planet Electric, Inc.

    In this action, Charles Haba, is suing for breach of his employment
agreement and breach of a note against his former employer, Planet Electric,
Inc. in the Los Angeles County Superior Court. Planet Electric, Inc. has filed a
cross-complaint against same defendants, including Hybrid Technologies, Inc.,
and the same causes of action as the above-mentioned shareholder derivative
suit. The cross-complaint adds claims for conversion and conspiracy to convert
assets of Planet Electric, Inc. against Whistler Investments, Inc. The
cross-defendants, including Hybrid Technologies, Inc. intend to move for
dismissal of the cross complaint.

Global Electric Cars LLC

        On December 9, 2004, we were served with a complaint by Global Electric
Motorcars LLC, Fargo, North Dakota, naming Hybrid Technologies, Inc., and its
subsidiary, Global Electric Corporation ("GEC"), seeking relief for trademark
infringement, unfair competition, Federal trademark dilution, and other state
remedies, by reason of our and GEC's use of the "Global Electric" designation in
our business. The suit was filed in the United States District Court,
Southeastern Division, District of North Dakota. The complaint seeks, inter
alia, an injunction against the Company's and GEC's use of the term "Global
Electric", committing unfair trade practices, requiring delivery by the Company
to the plaintiff of all materials of any type referring to "Global Electric" and
assignment of the Internet domain name, globalelectric.com. The complaint also
seeks an accounting for unspecified damages sustained by the plaintiff and for
Whistler's profits, with an order that the amount of damages be increased three
times the amount thereof, as well as attorneys' fees. We have changed the name
of the former Global Electric subsidiary to Global Hybrid, and the Global
Electric domain name is not being used.

Depository Trust Company Suit

        On November 23, 2004, the Company filed a Complaint in the Eighth
Judicial District Court, County of Clark, State of Nevada, sitting in Las Vegas,
Nevada, styled "Whistler Investments, Inc., et al. v. The Depository Trust and
Clearing Corporation, et al.", Case No. A495703. The defendants include The
Depository Trust Company and the National Securities Clearing Corporation. The
action alleges 22 state law claims, including intentional and negligent
misrepresentation, fraud, racketeering, negligence, conversion, interference
with contractual relations and prospective economic advantages and conspiracy.
Although the action has been filed, service has not yet been effected on
defendants, and no answer or other pleading has been filed by defendants.

Michael McGee Suit

        On April 13, 2005, the Company filed a Complaint in the Los Angeles
County Superior Court against Michael McGee (Case No. BC330649). The action
seeks compensatory and punitive damages based on fraud and breach of contract
against Michael McGee. Although the action has been filed, service has not yet
been effected on defendant, and no answer or other pleading has been filed by
defendant.

<PAGE>

Item 6. Exhibits


Ex 31    Certification of Chief Executive Officer and Principal Financial
         Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002,
         filed herewith.


Ex 32    Certification of Chief Executive Officer and Principal Financial
         Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to
         Section 906 of the Sarbanes-Oxley Act of 2002,filed herewith.



<PAGE>



                                   SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                             Hybrid Technologies, Inc.

                                              /s/Holly Roseberry
                                             --------------------------
                                             Holly Roseberry
                                             President and Director
                                             (Chief Executive Officer and
                                             Princial Financial Officer)
                                             Dated: June 14, 2005