Archive - 2004

ZAP signs Definitive Stock Agreement for Smart car

ZAP signs Definitive Stock Agreement for Smart car

SANTA ROSA, California (November 8, 2004) - Advanced automotive technology Company ZAP (OTC BB:ZAAP) announced today that it has signed a stock conversion agreement with Smart-Automobile, LLC for the $8 million in preferred stock that were issued in conjunction with the April 2004 $10 million distribution agreement.

This agreement outlines the formula for converting the $8 million of ZAP Preferred Shares into ZAP Common Stock by Smart-Automobile based upon certain performance objectives.
The Company has also filed with the Secretary of State of California to Amend and Restate its Articles of Incorporation to fix the rights and conditions of Preferred Stock.

Study: Arctic warming at twice the global rate

Study: Arctic warming at twice the global rate

Species, including polar bears, may go extinct as Arctic ice melts

11/03/04

OSLO, Norway (Reuters) -- Global warming is heating the Arctic almost twice as fast as the rest of the planet in a thaw that threatens millions of livelihoods and could wipe out polar bears by 2100, an eight-nation report said on Monday.

The report says polar bears are unlikely to survive.

ZAP names Smart-Automobile President to Advisory Board

ZAP names Smart-Automobile President to Advisory Board

SANTA ROSA, California (11/1/04) -- Advanced automotive technology company ZAP (OTC BB:ZAAP) announced today that Mr. Thomas Heidemann, President of Smart-Automobile LLC, has been named to its Advisory Board of Directors.

ZAP CEO Steve Schneider (left) with ZAP's newest advisory board member, Smart-Automobile President Thomas Heidemann, stand next to their latest business venture, the 2-seater 60-MPG Smart coupe.

Anatomy of a Smart Car, Smart Fan

Anatomy of a Smart Car, Smart Fan

SANTA ROSA, California (October 26, 2004) - At ZAP, we thought that importing the Smart Car from Europe would be a hit in the U.S., mostly because of rising gas prices and because of the gas mileage--60 miles per gallon!

Click image and click on 'PIXELSMART' to see a Smart ForTwo from the inside out.

ZAP grants trademark license to battery manufacturer in China

ZAP grants trademark license to battery manufacturer in China

SANTA ROSA, California (October 26, 2004) - Advanced automotive technology company ZAP (OTC BB:ZAAP) announced today that it has signed a trademark licensing agreement with Zibo Enterprises Co. Ltd. of The People's Republic of China.

ZAP licensed the use of its trademark to Zibo Enterprises for use on ZAP Portable Energy.