AFS Trinity loves to boast about its Saturn Vue-based Plug-in Hybrid Electric Vehicle. Since AFS Trinity launched last year it’s been making a lot of noise about this hybrid with claims of it being capable of 150mpg.

AFS Trinity applied for some of the Department of Energy’s $2.5 billion in loans back in January to put towards opening an auto plant that had been closed.

Now, more recently, AFS took their show on the road and showed off their Saturn Vue-based Plug-in Hybrid along with its 16 kWh lithium-ion battery packs and ultracapictorrs.

Accroding to the NY Times, AFS is seeking $40 million from the DOE – a sufficient sum for building 100 cars. From there they hope to springboard into a $200 million production of 1,000 more plug-in hybrids. The final stage of their plan sees a $1.3 billion investment into retooling an old GM plant to build hundreds of thousands more. If everything goes according to plan they expect to sell the Saturn Vue hybrids for just $8,000 more than the gas-powered version.