ZAP Car - Articles - Zimbio

Zap Alias - Electric 3 Wheeler On Sale Soon

Sun, 30 Jun 2008 09:23:44 GMT

posted by idleparis

ZAP mentioned this green vehicle at the Detroit Motor show earlier in the year and it looks like the company has now finally turned out a prototype.

Looking like an American retro-rodded version of the Grinall Scorpion it apparently isn’t capable of moving off the parking lot on its own just yet.

That should soon change as it was reportedly on its way to California where it’ll get fitted with a motor.

The company is apparently promising to have its first cars on the road next year when the Alias here is expected to sell for about $33,000.

Via AutoblogGreen

Electric Car Firm ZAP Names New Chairman, Mr. Eqbal Al Yousuf of Dubai

Mon, 27 May 2008 19:27:00 GMT

posted by investid
Electric Car Firm ZAP Names New Chairman, Mr. Eqbal Al Yousuf of Dubai

SANTA ROSA, Calif. & DUBAI, United Arab Emirates--May 27 2008 --Electric car pioneer ZAP (OTCBB: ZAAP.OB) today named Mr. Eqbal Al Yousuf Chairman of the 13-year public Company. The effective date of his appointment will be June 2, the day of the next scheduled meeting for the board of directors.

Mr. Eqbal Al Yousuf is President of Dubai's Al Yousuf Group. He was appointed as the President of Al Yousuf Group in 2005. The Al Yousuf Group is a company that over the past 55 years has grown into a leading business conglomerate with operations ranging from Motor Vehicles, Boat Manufacturing, Auto Rental, Real Estate Development, Home Electrical Appliances, Computer Operating Systems, Electronics, Transportation and more. The Al Yousuf Group has proved to be one of the most reputed business groups in the UAE and is now working to become ISO certified in accordance with international standards of quality.

Chairman Emeritus and founder Gary Starr will continue his role with the Company and will remain on its board of directors. Starr co-founded the Company in 1994 and has been instrumental in its overall business development, R&D and product development.

"I feel the timing is right for this," said Starr, a 34-year veteran in electric transportation. "Mr. Eqbal told me that the most important technologies to invest in for the future were electric transportation and water purification. His vision and business experience are welcome just as ZAP begins its next growth phase."

Mr. Al Yousuf has been taking a greater interest in ZAP over the past year. In November, the Al Yousuf Group purchased US$5 million worth of ZAP shares. In December, he also joined ZAP's Board of Directors.

"My staff and I have researched the EV industry and have concluded that ZAP is one of the only pure-play public companies with viable electric vehicles in the marketplace at a time of record gas prices," said Mr. Al Yousuf. "I intend to use all my relationships and resources to ensure the Company will be successful and grow."

"Mr. Al Yousuf is a strong believer in alternative energy and conservation and really wants to make the world a better place," said ZAP CEO Steve Schneider. "He is taking a much stronger interest in the direction of the Company to ensure its ability to deliver vehicles on a global basis. With his relationships throughout the world, Mr. Al Yousuf believes he can make this dream become a reality."

Mr. Al Yousuf is actively involved with numerous social and environmental causes, both at a personal and business level. Mr. Al Yousuf has two Bachelors Degree, one in Computer Science and the other in Economics. He graduated from the University of Minnesota in May 1983. After he graduated he joined his father’s firm as Managing Director and in 1988 he was appointed as Deputy Chairman, Vice Chairman in 2001, and Chief Executive Officer in 2004. Eqbal Al Yousuf is married with four children and his interests include reading, travel and sea sports.

The Al Yousuf Group is involved in a multitude of industries under various subsidiaries. Al Yousuf Group has 18 subsidiaries with branch offices in Abu Dhabi, Al Ain, Cairo, Fujairah, Jeddah, Ras Al Khaimah, Riyadh, and Sharjah, according to The Middle East information resource Zawya (http://zawya.com/cm/profile.cfm/cid489977/).

Al-Yousuf Motors, a member of the Al-Yousuf family, is one of the leading distributors of automobiles and automotive related equipment in the Middle East. The Al Yousuf Group has developed partnerships with many of the world's renowned brand names in Asia, Europe and the USA. A number of these ventures have grown into long-term business relationships. Al Yousuf Motors' portfolio includes Daihatsu vehicles, Daewoo buses, Suzuki motorcycles and outboard engines, Yamaha motorcycles, outboard and marine engines, water vehicles, generators, boats etc.

More about Al Yousuf http://www.zapworld.com/al-yousuf-med.html

ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.

Vist the Renewable Energy Stocks Media showcase :

For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

ZAPAlex Campbell, 707-525-8658 x 241acampbell@zapworld.comRenewableenergystocks.com

Record Gas and Oil Prices Drive Sales for ZAP, Electric Car Orders Grow to $6.8 Million

Sun, 12 May 2008 13:56:00 GMT

posted by investid
Record Gas and Oil Prices Drive Sales for ZAP, Electric Car Orders Grow to $6.8 Million

SANTA ROSA, CA., May 12, 2008 - Record gas prices are driving more consumers to seek electric transportation, says industry pioneer ZAP (OTCBB: ZAAP). The Northern California Company reported that as of April 8, 2008 it had $6.8 million in backlog orders for the Xebra electric sedan and pickup from auto-dealer purchase contracts.

The $6.8 million backlog in dealer purchase contracts surpasses ZAP's sales for all of 2007 and are based on a delivery schedule over a 12-month period. The backlog for ZAP's consumer products on the same date was $712,000, including sales for the Zapino and ZAPPY3 scooters, ATVs, Recharge-It-All battery systems and others.

ZAP designed the Xebra as a simple alternative to the growing demand for electric cars. The vehicle is suitable for city-speed driving, commuting and fleet use, situations where electric vehicles can be more economical than gasoline cars.

"As I researched more into the EV market I found that the ZAP Xebra was the only production electric vehicle available that could obtain such speeds and actually be driven on regular roads contrary to the governed LSV," writes electric car dealer Jonathan Ortiz of Foreign Affairs Auto in West Palm Beach, Florida. "I began to understand there are literally hundreds of ideal applications and usages that the XEBRA could fill."

Ortiz was recently featured in an Internet podcast interview about electric car dealerships. Use the link below to hear the full interview:

http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/dg042308.mp3

"My silly little ZAP truck gives me more satisfaction then any ICE I have ever owned, and I am a car buff," says electric vehicle dealer Sean Rarey of Grants Pass, Oregon. "I do not use gas unless I am going out-of-town. Honestly, I think the price of gas is contributing to the decline of our economy while big oil gets fatter and fatter off the profits."

ZAP is working to create a dealer network that for its full-line of electric vehicles and future vehicles as they become available. Surging consumer demand has seen ZAP's number of dealers grow from about 20 automotive dealers in April 2007 to over 50 today.

ZAP holds a monthly dealer training for the sales and service of the Xebra. The next dealer training is scheduled for May 30th with some dealers coming from as far away as New Zealand.

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.

For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp

Contact:
Contact:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com

Source: ZAPRenewableenergystocks.com

California to Give $1,000 Electric Car Rebates for ZAP Xebra Sedan and Truck

Wed, 29 May 2008 14:12:00 GMT

posted by Investorideas
California to Give $1,000 Electric Car Rebates for ZAP Xebra Sedan and Truck

SACRAMENTO, CA., May 29, 2008 - The California Air Resources Board is offering a $1,000 rebate towards the purchase of a Xebra electric car and truck from ZAP (OTCBB: ZAAP).

Both the Xebra electric city car and pickup have passed a full battery of testing and approval requirements by the California Air Resources Board and have been officially approved for the $1,000 cash rebates. To receive a rebate, vehicles must be ARB qualified and pass a range and speed course as well as comply with all federal motor vehicle safety standards, and meet a minimum manufacturer warranty.

"This program alone is enough incentive to stimulate Xebra sales to a whole new level," said ZAP CEO Steve Schneider. "Similar programs in electric car programs in Oregon have helped contribute to the sale of more Xebras. Being the 8th largest economy in the world, this program will be well received by our dealers and Californians."

ZAP says right now many drivers are filling up their gas tank for about $60 dollars, but a Xebra can recharge for as little as 60 cents. Schneider noted that the rebate should cover over 30,000 miles of driving assuming electricity costs of three cents per mile. That could mean several years of not having to pay for fuel.

Schneider says that ZAP has delivered over 700 units of the Xebra as of April. Surging gas prices have sparked an increase in orders from consumers and dealers. ZAP reported a backlog of $6.8 million in Xebra orders, more than sales for all of 2007.

The program is part of $25 million in overall funding that came out of Assembly Bill 1811 -- authored by Speaker Fabian Nunez (D-Los Angeles) and passed in 2007 -- which promotes alternative fuel infrastructure and vehicles. The rebates are available for qualifying vehicles that are purchased until March 31, 2009, or until the funding of the grant runs out.

The design for the Xebra is unique in the auto industry, an affordable all-electric vehicle for city-speed driving up to 40 MPH. Both the sedan and pickup have practical features; the sedan is a four-door with room for four and the truck has a dump bed that can transform into a flatbed. Both were designed in response to skyrocketing gas prices, and work with economical city commuting, small businesses, corporate and government fleets.

The Air Resources Board is a department of the California Environmental Protection Agency. ARB's mission is to promote and protect public health, welfare, and ecological resources through effective reduction of air pollutants while recognizing and considering effects on the economy. The ARB oversees all air pollution control efforts in California to attain and maintain health based air quality standards.

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=768654

ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.

For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp

Contact:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com

Source: ZAPAffiliated Greentech Portals at Investorideas.com Renewableenergystocks.com and Environmentstocks.com

ZAP Electric Car, Truck Arrive in Florida at West Palm Beach Dealership Foreign Affairs Auto

Wed, 24 Apr 2008 14:36:00 GMT

posted by investid
ZAP Electric Car, Truck Arrive in Florida at West Palm Beach Dealership Foreign Affairs Auto

WEST PALM BEACH, FL, Apr 24, 2008 - As oil and gas keep hitting new records this week, an electric car dealership opened in West Palm Beach, Florida offering a new affordable design for city-speed driving called the ZAP (OTCBB: ZAAP) Xebra.

Foreign Affairs Auto (http://www.foreignaffairsauto.com), located at 1681 N. Military Trail in West Palm Beach, is now offering the Xebra®, an electric four-door compact car or two-seat pickup that transforms into a flat-bed or a dump truck. The vehicle was designed for gas-free, city driving up to 40 MPH and plugs into any normal household outlet.

Foreign Affairs officially launched its electric cars on Earth Day with the planting of a tree to signify another way to fight global warming. The dealership has already sold several Xebras in its test-marketing and finds that the majority of the initial sales are coming from businesses, with two of the first vehicles being used for landscaping and pizza delivery. More consumers have started buying them as they learn they are available and see them driving around town.

Family owned and operated since 1982, Foreign Affairs is branching out into gas-free electric vehicles to stay on the cutting edge of transportation. Studies show electric vehicles can reduce air pollution and ownership costs compared to gasoline. The vehicles are priced a little over $11,000 and are estimated to cost between one and three cents per mile. ZAP says an electric car can reduce fueling, maintenance and operating costs, and overall they are about half the cost of owning a gasoline car.

"My family started this dealership 26 years ago with the idea of offering a premium level of products and service," says Jonathan Ortiz of Foreign Affairs. "As part of the next generation, I believe the best way to reach the next level for our business is to get in on the ground floor of advanced automotive technologies. Our new division, Foreign Affairs: Zero, will be marketing vehicles like the ZAP Xebra."

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.

For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp

Contact:
Jonathan Ortiz
Foreign Affairs Auto
(561) 478-9999
jortiz@foreignaffairsauto.com

Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com

Source: ZAPRenewableenergystocks.com