Archive - Jun 2, 2008

Date

ZAP Acquires Interest in Electric Wheel Motor Company

ZAP Acquires Interest in Electric Wheel Motor CompanyWheel motors like this 3000-watt drive system used in the Zapino electric scooter can deliver more power, performance and efficiency. ZAP has acquired an ownership interest in a motor company to develop and manufacture and market a line of new wheel motors for a variety of vehicles from an electric bike or scooter to an electric car.

ZAP Acquires Interest in Electric Wheel Motor Company

SANTA ROSA, CA -- Jun 2, 2008 -- Electric transportation pioneer ZAP (OTC BB:ZAAP.OB) announced today that it has acquired an ownership interest in an electric motor company to develop and manufacture a new line of wheel motors for future vehicle developments and global distribution.