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ZAP Investment and Financial News
Updated: 1 day 2 hours ago

ZAP Delivers New 4-Wheel Electric Truck

Tue, 11/25/2008 - 09:19

Enhanced Capacity Gives Fleets a Heavier-Duty Alternative

SANTA ROSA, CA--(November 25, 2008) - Electric car pioneer ZAP (OTCBB: ZAAP) is providing fleets with a better solution when it comes to 100 percent electric, plug-in transportation with the introduction of its four-wheel ZAP Truck XL. The new addition to ZAP's line offers an 800 pound payload.

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ZAP Reports Third Quarter 2008 Results; 52% Increase in Revenue Over September Quarter 2007

Mon, 11/17/2008 - 09:17

SANTA ROSA, Calif.--(November 17, 2008)--Electric transportation pioneer ZAP (OTCBB:ZAAP) announced today its financial results for the third quarter ending September 30, 2008.

The company announced that increased demand for alternative transportation has resulted in record Advanced Technology Vehicle (electric vehicles) segment revenue in the quarter ended September 30, 2008 of $2.2 million, up 180% from Sept, 2007 quarter revenue of $0.8 million.

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Coverage Initiated on ZAP by MDB Capital Group

Fri, 11/14/2008 - 09:37

NEW YORK --(November 14, 2008)-- MDB Capital Group has initiated coverage of electric car company ZAP (OTCBB:ZAAP - News) on Monday, November 10th with a Buy rating and a price target of $1.75 (Businesswire, Monday, Nov 10).

The report entitled “The Green Car Report” is now available at http://www.mdb.com.

About ZAP

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ZAP Electric Car Sets Sales Record in August

Thu, 09/18/2008 - 15:32

SANTA ROSA, Calif., Sept. 18, 2008 -- Electric transportation pioneer ZAP (OTC Bulletin Board: ZAAP) announced that increasing demand has resulted in record August 2008 sales (unaudited) for its Advanced Technology Vehicle division, the most since ZAP's Xebra sedan and truck were launched in 2006.

Unaudited sales for ZAP electric vehicles surged to $737,000 in August, versus $392,000 a year ago, an increase of $345,000 or 88 percent. ZAP CEO Steve Schneider said the reason for the increase was a combination of high gas prices and the fact that ZAP has one of the few affordable, street-legal, city-speed electric vehicles in production line assembly today.

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Electric Car Factory Breaks Ground in Kentucky for Joint Venture Between ZAP and Integrity

Mon, 09/15/2008 - 03:20

FRANKLIN, KY and SANTA ROSA, CA -- Sep 15, 2008 -- Work commenced at the site of an electric car factory in Franklin, Kentucky, according to officials for Integrity Automotive, a joint venture to expand electric vehicle manufacturing in the USA for ZAP (OTC BB:ZAAP.OB).

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ZAP Debuts New Recharge-It-All for Powering iPhone, BlackBerry, Palm and Other Mobile Electronics

Wed, 09/10/2008 - 09:26

SANTA ROSA, CA -- Sep 10, 2008 -- Alternative energy pioneer ZAP (OTC BB:ZAAP.OB) unveiled its new Recharge-It-All mobile power storage unit, the R03 Micro Lithium Backup Charger, so you can have power anywhere you go for a cell phone, iPod, iPhone or other low-powered electronic device.

ZAP is debuting a new pocket lithium battery charger that works with the iPhone, BlackBerry, Palm and other low-powered electronic devices. The R03 Recharge-It-All is compatible with 80 percent of the mobile phone market and is the only one that can power a variety of phones.

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Detroit Electric Attracts New Investment and Technology Partners from Europe

Wed, 09/03/2008 - 09:44

HONG KONG (Aug. 30, 2008) -- Historic electric car brand Detroit Electric last June reached an understanding to move forward in the development of a line of full-performance pure electric passenger vehicles. CEO Albert Lam said a vehicle distributor and additional technology partners in Europe intend to provide capital financing and electric drive system technology for the venture. He expects further details to be announced.

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$68 Million in Kentucky Manufacturing Incentives Fast Tracks Electric Vehicle Talks at ZAP Headquarters With Integrity Manufactu

Mon, 08/18/2008 - 20:18

Monday August 18, 7:00 am ET

SANTA ROSA, CA--(MARKET WIRE)--Aug 18, 2008 -- Randall S. Waldman and Larry Cottingham of Integrity Manufacturing LLC are in Santa Rosa, California today for meetings with the management of electric vehicle pioneer ZAP (OTC BB:ZAAP.OB - News).

Integrity Manufacturing has been working with the State of Kentucky to help provide incentives to attract more manufacturing and assembly to the state. On Friday The Kentucky Economic Development Finance Authority gave preliminary approval for $68 million in state incentives for a large-scale manufacturing initiative with Integrity. The project is expected to bring economic development, new factory production and up to 2,500 jobs to Kentucky.

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