Archive - 2005

ZAP Signs Exclusive Agreement for OBVIO ! Urban Cars of Rio de Janeiro

ZAP Signs Exclusive Agreement for OBVIO ! Urban Cars of Rio de Janeiro

California Company Projects Brasilian Car Available for Export to the U.S. by 2007

SANTA ROSA, California (September 21, 2005) - Transportation pioneer ZAP (ZAAP - News) announced today that it has signed an agreement for the exclusive North American distribution of a new urban car from Brasil with OBVIO ! Automotoveiculos S.P.E. Ltda., of Rio de Janeiro.

ZAP Obtains $425 Million Revolving Line of Credit to Import SMART Cars and Other Fuel-Efficient Vehicles

ZAP Obtains $425 Million Revolving Line of Credit to Import SMART Cars and Other Fuel-Efficient Vehicles

Tuesday September 20, 3:40 am ET

SANTA ROSA, Calif.--Sept. 20, 2005--ZAP (PCX: ZAAP- News), announced today that it has concluded an agreement for a $425 million revolving financing facility with Surge Capital II, LLC that could be used to import SMART cars and other advanced transportation vehicles for its dealers.

ZAP Signs Exclusive Agreement for OBVIO!™ Urban Cars of Rio de Janeiro

SANTA ROSA, California (September 21, 2005) - Transportation pioneer ZAP (ZAAP - News) announced today that it has signed an agreement for the exclusive North American distribution of a new urban car from Brasil with OBVIO ! Automotoveiculos S.P.E. Ltda., of Rio de Janeiro.

ZAP and OBVIO ! expect to unveil prototypes in the U.S. by the end of 2005.

Hurricane Katrina, Record Gas Prices Spark ZAP Electric Car Sales

Hurricane Katrina, Record Gas Prices Spark ZAP Electric Car Sales

SANTA ROSA, California (September 2, 2005) - Transportation pioneer ZAP (PCX:ZAAP- News) announced today that sales for its electric cars have picked up recently due to concerns over record oil, gas prices.

Is Global Warming Fueling Katrina?

Warm ocean temperatures are a key ingredient for monster hurricanes, prompting some scientists to believe that global warming is exacerbating our storm troubles

By JEFFREY KLUGER, Time Magazine

August 29, 2005
The people of New Orleans are surely not thinking about wind vortices, the coriolis effect or the dampness of the troposphere as they hunker down during hurricane Katrina this morning. They're mostly thinking about the savage rains and 140 mph winds that have driven them from their homes. But it's that meteorological arcana that's made such a mess of the bayou, and to hear a lot of people tell it, we have only ourselves-and our global-warming ways-to blame.