Archive - Mar 23, 2008

SANTA ROSA, Calif.--(BUSINESS WIRE)--With gasoline prices predicted to reach new records in 2008 and government and corporate fleets scrambling to reduce costs, electric car pioneer ZAP (OTCBB:ZAAP - News) is introducing a new electric truck for fleets with a greater payload rating. A prototype of the ZAP XL Truck has been completed and production models are expected for delivery to customers by the fall of this year. In the United States, the XL Truck will meet full Department of Transportation requirements for Low Speed Vehicles with a top speed of 25 MPH. As part of ZAP's global distribution strategy, the ZAP Truck XL will be designed to meet or exceed government certifications that would allow for distribution throughout most of the world.