================================================================================

                                  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, 2006
                                                ---------------

[ ] 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:  25,890,364 shares of $0.001 par value
common stock outstanding as of June 13, 2006.

Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act. Yes [ ] No [X]

<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,
2006 (Unaudited) and July 31, 2005 (Audited)                                3


Consolidated Statements of Operations for the Nine Months Ended April
30, 2006 and 2005 and from inception (April 12, 2000)
to April 30, 2006 (Unaudited)                                               4

Consolidated Statement of Stockholders
Equity (Deficit) (Unaudited)                                                5

Consolidated Statements of Cash Flows for the Nine Months Ended April
30, 2006 and 2005 and from inception (April 12, 2000)
to April 30, 2006 (Unaudited)                                               6

Notes to Consolidated Financial Statements                                  7

ITEM 2 - Management's Discussion and Analysis of                            8
Financial Condition and Results of
Operations.

ITEM 3 - Controls and Procedures.                                          10


PART II. OTHER INFORMATION

ITEM 1 - Legal Proceedings                                                 10

ITEM 6 - Exhibits                                                          12


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 Balance Sheets

<table>
<caption>
                                                                                                     (Unaudited)
                                                                                                      April 30,        July 31,
  ASSETS                                                                                                 2006            2005
---------------------------------------------------------------------------------------------------------------------------------

                                                                                                  <c>              <c>
Current assets:
  Cash                                                                                               $   4,071,163    $  166,215
 Accounts receivable                                                                                         5,354         9,392
 Inventories                                                                                                53,834        21,892
 Other current assets                                                                                      104,341        10,295
                                                                                                   ----------------- ------------
                                        Total current
                                        assets                                                           4,234,692       207,794

Property and equipment, net                                                                              2,000,810        44,151


Other assets                                                                                                41,542        43,885
                                                                                                   ----------------- ------------

                                                                                                    $    6,277,044    $  295,830
                                                                                                   ================= ============


 LIABILITIES AND STOCKHOLDERS' DEFICIT
---------------------------------------------------------------------------------------------------------------------------------


Current liabilities:
  Current portion of long-term debt                                                                 $    3,000,000  $  3,000,000
  Note payable - related party                                                                                   -        80,000
  Accounts payable and accrued expenses                                                                    929,868     1,267,505
  Deposits                                                                                                  26,265             -
                                                                                                   ----------------- ------------
                                        Total current
                                        liabilities                                                      3,956,133     4,347,505


Long-term debt                                                                                           1,300,000             -


Commitments and contingencies                                                                                    -             -


Non-controlling interest                                                                                     2,377         2,377

Stockholders' equity (deficit)
  Preferred stock, $.001 par value, 5,000,000 shares authorized,
     no shares issued                                                                                            -             -
  Common stock, $.001 par value, 27,000,000 authorized
     11,630,696 shares issued and outstanding at April 30, 200
      7,683,515 shares issued and outstanding at July 31, 2005                                              11,631         7,684
  Additional paid in capital                                                                            33,098,704    17,603,366
  Deficit accumulated during the development stage                                                     (32,091,801)  (21,665,102)
                                                                                                   ----------------- ------------

                                                                                                         1,061,189    (4,054,052)
                                                                                                   ----------------- ------------

                                                                                                    $    6,277,044   $   295,830
                                                                                                   ================= ============
</table>

See Notes to Consolidated Financial Statements


<page>


HYBRID TECHNOLOGIES, INC.
 A Development Stage Company
 (Unaudited) Consolidated Statements of Operations

<table>
<caption>
                                                                                                                     Inception
                                                                                                                     through
                                             Three months ended April 30,          Nine months ended April 30,       April 30,
                                                2006              2005              2006               2005            2006
---------------------------------------------------------------------------------------------------------------------------------

                                          <c>              <c>                 <c>             <c>              <c>
Sales                                        $    99,405      $          -        $     214,704   $         -      $     214,704
Cost of sales                                    217,168                 -              450,367             -            450,367
                                             ------------------------------------------------------------------------------------
  Gross profit (loss)                           (117,763)                -             (235,663)            -           (235,663)

Costs and expenses
  General and administrative                     539,740           456,146            1,658,239     1,343,380          3,965,592
  Management and consulting fees                 318,309           162,409              592,358       539,194          2,711,758
  License and permits                              1,290            52,694                4,154       413,547          2,794,321
  Other professional fees                         57,787             8,880              243,271       152,970          1,720,514
  Research and development                       841,498           130,484            1,409,052       136,664          1,678,230
  Stock- based compensation                            -                 -            6,107,585             -         17,573,052
                                             ------------------------------------------------------------------------------------
                                               1,758,624           810,613           10,014,659     2,585,755         30,443,467


(Loss) from operations                        (1,876,387)         (810,613)         (10,250,322)   (2,585,755)       (30,679,130)

Other income (expense)
   Interest                                     (108,667)          (69,526)            (193,660)     (213,276)          (746,713)
  Other income                                    16,023            13,346               17,283        22,260             74,243
                                             ------------------------------------------------------------------------------------

  Net (loss) before discontinued operations
     and minority interest                    (1,969,031)         (866,793)         (10,426,699)   (2,776,771)       (31,351,600)
  Loss from discontinued operations                    -                 -                    -             -           (757,024)
                                             ------------------------------------------------------------------------------------
                                              (1,969,031)         (866,793)         (10,426,699)   (2,776,771)       (32,108,624)
  Minority interest in net loss                        -             2,480                    -        16,720             16,823
                                             ------------------------------------------------------------------------------------

Net loss                                     $(1,969,031)     $   (864,313)       $ (10,426,699)  $(2,760,051)     $ (32,091,801)
                                             ====================================================================================


 Net (loss) per share before discontinued
operations                                   $     (0.19)     $      (0.13)       $       (1.17)  $     (0.47)
(Loss) per share from discontinued operations          -                 -                    -             -
                                             -----------------------------------------------------------------
 Net (loss) per share, Basic and Fully diluted  $  (0.19)     $      (0.13)       $       (1.17)  $     (0.47)
                                             =================================================================


Weighted number of shares                     10,160,200         6,804,400            8,874,000     5,940,000

</table>

See Notes to Consolidated Financial Statements

<page>


HYBRID TECHNOLOGIES, INC.
 A Development Stage Company

(Unaudited) Consolidated Statement of Stockholder's Equity (Deficit)


<table>
<caption>
                                                                                             Deficit
                                                                                           Accumulated
                                                                         Additional        during the
                                              Common stock                Paid-in          Development
                                           Number          Amount         Capital             Stage             Total
                                       ---------------- ------------- ----------------- ------------------ ----------------

                                    <c>              <c>           <c>               <c>                <c>
Balance August 1, 2005                      7,683,515        7,684         17,603,366       (21,665,102)       (4,054,052)

Exercise of options                            10,500           10             67,190                 -            67,200
Stock dividend                                384,156          384               (384)                -                 -
Net loss for the quarter                            -            -                  -        (1,126,779)      (1,126,779)
                                       ---------------- ------------- ----------------- ------------------ ----------------
Balance October 31, 2005                    8,078,171        8,078         17,670,172       (22,791,881)       (5,113,631)

Value of stock options issued                       -            -          6,107,585                 -         6,107,585
Exercise of options                           207,500          208          1,303,792                 -         1,304,000
Stock dividend                                403,909          404               (404)                -                 -
Net loss for the quarter                            -            -                  -        (7,330,889)      (7,330,889)
                                       ---------------- ------------- ----------------- ------------------ ----------------
Balance January 31, 2006                    8,689,580        8,690         25,081,145       (30,122,770)       (5,032,935)

Excerise of options issued                    953,250          953          8,019,547                 -         8,020,500
Stock dividend                              1,987,866        1,988             (1,988)                -                 -
Net loss for the quarter                            -            -                  -        (1,969,031)      (1,969,031)
                                       ---------------- ------------- ----------------- ------------------ ----------------

                                           11,630,696   $   11,631      $  33,098,704     $ (32,091,801)     $   1,018,534
                                       ================ ============= ================= ================== ================
</table>


See Notes to Consolidated Financial Statements


<page>


HYBRID TECHNOLOGIES, INC.
 A Development Stage Company

(Unaudited) Consolidated Statements of Cash Flows

<table>
<caption>
                                                                                                             Inception
Nine months ended April 30,                                                                                   through
                                                                                                             April 30,
                                                                         ---------------- --------------- ----------------
                                                                              2006             2005            2006

                                                                      <c>              <c>             <c>
Cash (used in) Operating Activities:
Net (loss) for the period                                                 $ (10,426,699)   $ (2,760,051)   $ (32,091,801)
Adjustments to reconcile net (loss) to cash
  Depreciation                                                                   16,100             300           43,292
  Amortization                                                                        -         112,500         506,000
  Minority interest in loss                                                           -               -          (16,823)
  Stock-based  payments                                                       6,107,585               -       17,572,372
 (Increase) decrease in accounts receivable                                       4,038          (4,962)          (5,354)
 (Increase) decrease in inventories                                             (31,942)        (24,751)         (53,834)
 (Increase) decrease in prepaid expenses and other assets                       (94,046)          4,047         (104,341)
  Increase (decrease) in accounts payable and accrued expenses                 (337,637)        359,828          929,868
  Increase (decrease) in deposits                                                26,265                           26,265
  Write off of mineral property                                                       -               -            5,150
  Loss from discontinued operations                                                   -               -          757,024
                                                                         ---------------- --------------- ----------------
              Cash (used in) operating activities                            (4,736,336)     (2,313,089)     (12,432,182)

Cash (used in) Investing Activities:
(Increase) decrease in other assets                                               2,343         (56,171)         (41,542)
Purchase of mineral property                                                          -               -           (5,150)
Purchase of property and equipment                                           (1,972,759)        (41,894)      (2,038,318)
                                                                         ---------------- --------------- ----------------
              Cash (used in) investing activities                            (1,970,416)        (98,065)      (2,085,010)


Cash provided by Financing Activities:
  Sale of minority interest in subsidiaries                                           -               -           19,200
  Proceeds from the exercise of stock options                                 9,391,700         158,481       10,904,295
  Proceeds from the issuance of debt                                          1,300,000          80,000        4,220,000
  Payment of notes payable                                                      (80,000)              -          (80,000)
  Advances from related parties                                                       -       1,681,879        3,215,860
  Proceeds from the issuance of common stock                                          -               -          309,000
                                                                         ---------------- --------------- ----------------
              Cash provided by financing activities                          10,611,700       1,920,360       18,588,355


Net increase (decrease) in cash                                               3,904,948        (490,794)       4,071,163


Cash at beginning of period                                                     166,215         611,449                -
                                                                         ---------------- --------------- ----------------

Cash at end of period                                                    $    4,071,163   $     120,655   $    4,071,163
                                                                         ================ =============== ================
</table>

See Notes to Consolidated Financial Statements


<page>


HYBRID TECHNOLOGIES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
April 30, 2006
--------------------------------------------------------------------------------


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-KSB for the year ended  July 31,  2005 as filed with the  Securities
Exchange Commission.

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  has  incurred  significant
operating losses since inception. These operating losses have been funded by the
issuance  of  capital,  loans and  advances.  There are no  guarantees  that the
Company will continue to be able to raise the funds necessary. Additionally, the
lack of capital may limit the Company's ability to establish a viable business.


Note 3. Recently issued pronouncements

No  pronouncement  have been  issued or are pending as of April 30, 2006 that if
implemented would have a material impact of the Company's financial statements.


Note 3. Stockholders' Equity (deficit)

During the three months ended October 31, 2005,  10,500 shares were issued under
the terms of options for  $67,200.  Additionally,  during the three months ended
October 31, 2005, a five percent stock dividend was issued.

During the three months ended January 31, 2006, 1,465,000 options were issued at
a strike price of approximately $6.40. The market value on the issuance date was
$5.55.  The estimated  market value of the options (as determined by the Black -
Scholes  method) has been charged to operations  as required  under SFAS 123R or
EITF 96-18

During the three months ended January 31, 2006, 207,500 shares were issued under
the terms of options for $1,328,000.  Additionally during the three months ended
January 31, 2006, an additional five percent stock dividend was issued.

During the three months ended April 30, 2006,  953,200  shares were issued under
the terms of options for $8,020,500.  Additionally during the three months ended
April 30, 2006, 1,987,866 in stock dividends were issued.


<page>


HYBRID TECHNOLOGIES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
April 30, 2006
--------------------------------------------------------------------------------

Note 3. Stockholders' Equity (deficit) - continued

Approximately  14,000,000 shares, including accrued stock dividends, are held in
trust for guarantee of the $3,000,000 debt. These shares are not included in the
reported  outstanding  shares as the creditor has not made demand on the debt or
requested that the collateral be issued to the creditor. If the creditor were to
make demand and exercise its rights to the collateral, the creditor would assume
control  over the  Company as it would have more than fifty  percent of the then
outstanding  shares.  At April 30, 2006, the Company was in technical default on
the note but no demand has been made for either transfer of the collateral.

The Company  filed a form S-8 with the  Commission  on April 22, 2006 an amended
2006 stock plan which  provides for the  issuance of up to  5,000,000  shares of
restricted  stock  subject  to  terms  as may be  established  by the  Board  of
Directors. As of April 30, 2006 no shares have been awarded.

Note 4. Property and equipment

During the three month period ended April 30, 2006,  the Company  purchased land
and building in the Charlotte,  North Carolina  metropolitan  area for use as an
office, sales center and potential  production  facility.  The purchase price of
the real property was  approximately  $1,825,000.  The Company  issued long term
debt of  approximately  $1,300,000  as part of the purchase  price.  The debt is
collateralized by the real property.


<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.

NINE MONTHS ENDED APRIL 30, 2006 and 2005

We incurred a net loss of $10,426,699  for the nine months ended April 30, 2006,
which  included  management  and  consulting  fees  of  $592,358,   general  and
administrative  costs of  $1,658,239,  license and permits  fees of $4,154,  and
research and development expense of $1,409,052.

Our  net  loss  for  the  nine-month  period  ended  April 30, 2006  increased
from  the  comparative  period  in  fiscal  2005  (from  $2,760,051  in  2005 to
$10,426,699  in 2006).  This was  primarily  due to an increase  in  stock-based
compensation  from  none in the  nine-month  period  ended  April 30,  2005,  to
$6,107,585  for the  comparable  period in 2006,  an increase in  administrative
costs from  $1,343,380  in 2005 to $1,658,239 in 2006, an increase in management
and  consulting  fees from  $539,194 in 2005 to $592,358 in 2006, an increase in
research and  development  expense from  $136,644 in 2005 to $1,409,052 in 2006,
and a decrease in license  and permit  fees from  $413,547 in 2005 to $4,154 for
the  comparable  period in 2006. We also incurred  interest  expense of $193,660
related to loans payable, as compared with $213,276 for the comparable period in
2005.


PLAN OF OPERATION

During the period since inception on April 12, 2000 to April 30, 2006, we have
incurred  operating losses  aggregating  $30,679,130.  At April 30, 2006, we had
liabilities of $5,256,133 and a stockholders' deficit of $32,049,146.

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.


Electric Vehicles

We have  terminated the License  Agreement  with RV Systems,  and on October 25,
2005, we filed suit for rescission of the License  Agreement and damages against
Lithium   House  and  RV  Systems  and  related   parties.   See  "Item  3-Legal
Proceedings".

We are now converting vehicles in our own leased facility in Mooresville,  North
Carolina.  We have purchased for $1.8 million a larger facility (40,000 sq feet)
also in Mooresville and will move into it as soon as remodeling is completed. We
have  notified  the landlord of the leased  facility that we will moving out and
expect to  be moved by the end of summer.  We are also working with Kokam (South
Korea) in  developing  battery  management  systems  (similar battery management
systems are being developed concurrently in N.C.). On   November   18,  2005, we
announced a partnership with Kokam. A senior engineer from Kokam has traveled to
our North Carolina  facility twice and an engineer  from our  facility  has also
traveled to Korea.  We are renting office space from Kokam and have hired  three
engineers to work in this rented office in Seoul, South Korea.

<page>

     We signed a joint venture and vehicle purchase  agreement with Paratransit,
Sacramento,  California on March 29, 2006. On April 7, 2006, Hybrid received the
first  payment  for the initial  vehicles  (three PT  cruisers)  which are being
converted  in  Mooresville,  NC and are  scheduled to be delivered by early July
2006.


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  prototypes,  the  E-Cobra, the Jin  Bike, the
PT Cruiser, the Smart  Car and the  Crossfire.  We  have  delivered a  prototype
to the U.S.  Navy.  We are constructing a lithium power solar house in Van Nuys,
California. (This facility is  part  of  the  litigation  we  initiated  against
RV  Systems  and  related  parties--see "Item 3. Legal  Proceedings".)  We  have
signed a Space Act Agreement with NASA and have delivered  vehicles (Pt Cruiser,
Smart Car, all terrain) for the Kennedy Space Center to test and  determine  the
utility of lithium  powered vehicles.

Telecommunications Services

         We  offer  telecommunications  services  to  business  and  residential
customers  utilizing VoIP  technology.  The strategic  initial  objective of our
telecommunications  operations is to develop a superior multilevel platform that
provides  highly  reliable  and  advanced   telecommunications   services.   Our
telecommunications operations are conducted through our subsidiary, Zingo, Inc.,
of which we own  approximately  69% of the outstanding  common stock. We plan to
focus  our  efforts  in many  parts of the  globe  where  the  area is  equipped
broadband access for Internet services. The VoIP system is developed to work via
the  Internet  thus  allowing  those  destinations  to have  access  to a highly
advanced  telephone  system.  The immediate  focus is Central and Latin America,
Europe and developed countries in Asia.

         As  of  the  period  immediately  preceding  filing  this  report,  our
telecommunications  subsidiary had over 3,500 subscribers, an increase from
approximately 1,000 subscribers last quarter.


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 and borrowings.  We expect to
finance  operations  through the sale of equity in the foreseeable  future as we
receive  minimal  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 (the "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. The maturity date of the first installment was February 24, 2006,
and we are in  default  by reason  of not  having  repaid  that  installment  of
principal of the Loan. We had recently made a $250,000  interest  payment on the
Loan.  The related loan  agreement  (the "Loan  Agreement")  provides that if we
default in repayment  of any  installment  of  principal  of the Loan,  Sterling
Capital may declare the then outstanding  balance of the Loan,  interest,  costs
and money owing by us to be  immediately  due and  payable.  As security for the
Loan, we pledged an aggregate of 9,000,000  shares of our Common Stock ("Pledged
Shares"),  and the  certificates  for the Pledged  Shares are held in trust by a
Trustee  pursuant to the Loan Agreement.  We have not received as of the date of


<page>


this report any formal notice of default from Sterling Capital.  Pursuant to the
Loan  Agreement,  Sterling  Capital's  sole recourse  against us, if an event of
default has  occurred  and is  continuing,  is to take whole  possession  of the
Pledged Shares for their sole benefit.


         We have raised  equity  capital  through  issuances of common stock and
debt.  During the nine months  ended  April 30,  2006,  we received  proceeds of
$9,391,700  from the exercise of stock options and  $1,300,000  from issuance of
debt instruments.


     We anticipate  that up to  $2,000,000  of working  capital will be required
over the next 12 months for market  introduction of these products through joint
venture partners or otherwise. Hybrid Technologies, Inc. has these funds.


         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.

         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 1. 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.


2004 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
("SEC")informal  inquiry.  The documents  requested include those related to our
stock  issuances,  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 fully
cooperated  with the Commission in response to its request for  information  and
have received no further requests in this inquiry.

<page>

2006 Securities and Exchange Commission Investigation

On  February 10, 2006,  we  received  a  request  for  voluntary  production  of
documents  and  information  pursuant to a SEC informal  inquiry.  The documents
requested  included  those related to press releases we have issued from January
2005 to the current  period.  On April 24, 2006, we received a subpoena from the
SEC issued in an investigation  initiated by the SEC with respect to the matters
covered  by this  inquiry  and a  broad  range  of  other  matters.  The SEC has
requested  inter  alia,  documents  relating  to:  consultants  to the  Company,
compensation  paid to consultants,  press releases and drafts thereof,  articles
concerning  the Company in newsletter  or other  publications,  participants  in
drafting  press  releases  and  articles,  publication  of  press  releases  and
articles,  and supporting  information for press releases and companies referred
to therein. Copies of board of director minutes and of records of securities and
options  issuances have also been requested by the SEC. We are cooperating  with
the  SEC  in  response  to  their  request  and  have  furnished  the  requested
information and documents.  Our Chief Executive  Officer,  Holly Roseberry,  has
provided testimony to the SEC in this matter.

On February 10, 2006, our  majority-owned  subsidiary,  Zingo, Inc., received a
similar  request  from  the  SEC  for  voluntary  production  of  documents  and
information, including specifically information relating to as to press releases
issued by it from  September  2005 to January  2006.  On April 24,  2006,  Zingo
received a subpoena from the SEC issued in an investigation  with respect to the
matters covered by this inquiry and a broad range of other matters.  Zingo, Inc.
is cooperating  with the SEC in response to these requests for  information  and
has furnished the requested information and documents.


Litigation against Lithium House, RV Systems, Chaz Haba and Related Parties

On July 2, 2005,  we notified RV Systems that it was in material  default  under
the License Agreement. On October 25, 2005, we filed suit against Lithium House,
RV Systems, Chaz Haba and related parties, in the California Superior Court, Los
Angeles  County,  seeking  recovery of amounts paid under the RV Systems License
Agreement for failure of performance by RV Systems,  and for other damages.  Our
complaint is based breach of contract and breach of the obligation of good faith
and fair dealing by the defendants,  money had and received, fraud and negligent
misrepresentation.  We are seeking  rescission of the License  Agreement between
Hybrid  Technologies  and RV  Systems,  Inc.,  recovery  of  amounts  paid to RV
Systems, Inc. under the License Agreement,  approximately $3,100,000,  exemplary
damages  under  Section  3294 of the  California  Civil  Code,  as well as other
consequential  damages and injunctive relief, and a writ of attachment entitling
Hybrid  Technologies to immediate  possession of certain prototype  vehicles and
inventory,  including  the  solar house adjacent to Lithium House's offices.  We
are  currently  in  settlement  negotiation  with  RV  Systems  and  the  other
defendants.

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.
The  defendants  removed  the case to Federal  court in Las  Vegas.  A motion to
dismiss  was filed by  defendants,  and the Court  granted the motion on May 15,
2006.  The  Company  is  currently  evaluating  whether  to appeal  the  Court's
decision.

<page>

Stones Choppers


     On October  12,  2005,  the Company  filed a  Complaint  in the Los Angeles
County  Superior Court against Tony Stones,  individually  and doing business as
Stones Choppers. The action seeks rescission of an agreement between The Company
and defendants for the design/build of a prototype motorcycle. The Company seeks
the  return  of  its  $25,000   deposit   payment.   Defendants   have  filed  a
cross-complaint against us for breach of contract and breach of the covenant of
good faith and fair dealing  seeking  general  damages "in excess of $10,000" as
well as unknown special and punitive damages. Trial is set for October 10, 2006.


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
                               Principal Financial Officer)
                               Dated: June 14, 2006