Archive - Feb 24, 2004

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ZAP CEO Discovers 'Waking Giant' in China

Submitted by acampbell on Tue, 02/24/2004 - 21:00.
SANTA ROSA, California (February 24, 2004) - Steve Schneider, CEO for electric car startup ZAP (OTC BB:ZAPZ), says that during his trade mission to jump-start electric car production, he found China's emerging economy to be a "waking giant." Schneider was the invited guest of renowned electric car authority Dr. CC Chan on a two-week trip in February to explore business opportunities in several Chinese cities, including Hong Kong, Shenzhen, Yantai, Wuhan, Nanchang, Shanghai, Wuxi and Haikou. As his guide in electric car development, Schneider said Chan gave him an insider's perspective that few Westerners have enjoyed.