Archive - Mar 16, 2008

Date

Electric Car CEO Says Market Change Is Good for ZAP

ZAP CEO Steve Schneider Featured on www.CEONEWS.Tv NEW YORK, NY--(MARKET WIRE)--Mar 17, 2008 -- ZAP (OTC BB:ZAAP.OB - News) electric car CEO Steve Schneider said, "The market is finally catching up to what ZAP has been preaching," in an online interview with www.CEONEWS.Tv. Schneider discussed the Company's future plans with CEONEWS.Tv, including plans to make freeway capable electric cars through a joint venture called Detroit Electric with China Youngman, one of China's largest vehicle manufacturers. A 30-year veteran of the auto industry, Schneider talked about ZAP's strategy of setting up auto dealers and also touched on the recent challenges faced by ZAP, but said that one of ZAP's strengths is its resiliency.