Ford is testing it's new Plug-In Hybrids
The new Plug-In Hybrids will have advanced lithium-ion batteries that fully charge in 6 to 8 hours and can provide fuel economy of 2.35L/100KM or over 120 miles per gallon.
The Electric Power Research Institute (EPRI) and Ford Motor Company will work together in the New York/New Jersey are to test the new Hybrids. They have a 3 year agreement to determine ways to integrate the Plug-In functionality into the electric grid system. Basically, the Plug-In Hybrids plug directly into the 120V household grid to charge the battery.
The bugs and costs are still being worked out.