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 |  Mar 02 2010, 8:48 AM

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With the matte-green 599 hybrid concept on display at the Ferrari booth at the Geneva Auto Show, the Italian exotic automaker didn’t have a lot to say about it, but the company’s CEO did make an important remark about the future of Ferrari hybrids. Luca di Montezemolo commented that the automaker is looking to reduce emissions by up to 35 percent in the next three years and one way it intends to do that is to offer hybrid versions of all of its models in the next three or four years.

The 599 hybrid concept (Vettura Laboratorio HY Kers) is the start of what di Montezemolo called a long project, which is sure to include several updates before it becomes a full production model. The matte-green Ferrari uses a Kinetic Energy Recovery System to give the model an extra boost of electric power – making it an even higher performer. The lithium-ion battery pack for the hybrid system is located low in the car, improving its center of gravity, while not intruding on the passenger compartment. It is hooked up to a dual-clutch 7-speed transmission and adds at least 100 extra hp (as Ferrari insisted every added pound was offset by at least one horsepower).

The electric energy generated under braking also powers the car’s batter and its accessories, and allows the car to run on pure electric power at times (although Ferrari doesn’t say how far or for how long).

See more on the 599 Hybrid Concept after the jump:

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 |  Mar 01 2010, 11:54 AM

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We still don’t know much about it, but we do know its name… sort of. The 599 hybrid, sitting on display at the Geneva Auto Show, is accompanied by the title Vettura Laboratorio HY Kers. Details of the matte-green hybrid Ferrari (ever thought you’d heard those words in the same sentence?) are still scarce, but the name says a lot about the car.

Derived from Formula One, the Kinetic Energy Recovery System (KERS), converts the power generated under braking and transforms it into usable energy to help give an extra bit of boost to the engine, likely via a button on the steering wheel. Ferrari won’t announce more details on the car until tomorrow so until then we won’t know if the 599 Hybrid Concept (or Vettura Laboratorio HY Kers), is able to operate on just electric power or if it is capable of using the electric energy generated to assist the vehicle at low speeds, helping to improve fuel economy and improve emissions. An auto start/stop system could be a also a part of the package.

So until tomorrow, browse through our new gallery of 599 Hybrid photos.

GALLERY: Ferrari 599 Hybrid Vettura Laboratorio HY Kers

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