Archive - Jul 27, 2005

ZAP Offers Electric Car Rebate as Oil, Gas Prices Set New Records

ZAP is offering $500 instant cash rebates on its electric cars as well as $50 off any electric bicycle through the end of August 2005

SANTA ROSA, California (July 28, 2005) - ZAP (PCX:ZAAP), With oil and gas prices hitting new record highs this week, advanced transportation pioneer ZAP (ZAAP) announced today that it will be offering rebates on its electric cars as well as other electric vehicles.

Average gas prices in California hit a new record reaching $2.66 per gallon for regular unleaded, according to a report by AAA of Northern California.