zapworld's blog

Dubai Group Purchases US$5 Million in ZAP Shares

DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA -- Nov 12, 2007 -- Al Yousuf Group and electric car pioneer ZAP (OTC BB:ZAAP.OB) announced today that the Dubai-based manufacturing and distribution company has invested US$5 million ($5,000,000) in ZAP shares.

The Al Yousuf Group, along with its subsidiary Al Yousuf Motors, is one of Dubai's leading distributors of automobiles, off-road vehicles and boats. Founded in 1952, Al Yousuf Group has 18 subsidiaries with branch offices in Abu Dhabi, Al Ain, Cairo, Fujairah, Jeddah, Ras Al Khaimah, Riyadh, and Sharjah, according to the Middle East information resource Zawya (http://zawya.com/cm/profile.cfm/cid489977/).

Albert Lam Joins ZAP Management Team

Former Lotus Engineering CEO Leads Technical and Engineering Discussions for New Electric Car Joint Venture

SANTA ROSA, CA -- Nov 2, 2007 -- Albert Lam, former CEO of Lotus Engineering, has been selected by electric car pioneer ZAP (OTC BB:ZAAP.OB) to take the lead on engineering projects for its new joint venture with China Youngman Automotive Group.

During his visit to California, Mr. Lam met with officials from Advanced Battery Technologies (AMEX:GBT - News). Advanced Battery Technologies is scheduled to ring the opening bell today as part of their new listing on the American Stock Exchange.

Canadian Tire Purchases Recharge-It-All Batteries From ZAP

Rechargeable Lithium Battery Technology Powers Wide Range of Mobile Electronics

SANTA ROSA, CA -- Oct 31, 2007 -- Electric car pioneer ZAP (OTC BB:ZAAP.OB - News) today announced that Canadian Tire Corporation Limited, one of Canada's largest retailers with 468 stores, has launched sales for the ZAP Recharge-It-All battery system and has reordered for the holiday season.

New Electric Car Factory Rolls Out First ZAP Xebra(R)

Electric car pioneer ZAP announced today that a new factory in the Shandong Province of China has rolled out the first of its Xebra(R) sedans and pickups. Click image for a slide show of the factory opening celebration.

LING XIAN, CHINA and SANTA ROSA, CA--(October 24, 2007) - Electric car pioneer ZAP (OTCBB: ZAAP) announced today that a new factory in the Shandong Province of China has rolled out the first of its Xebra® sedans and pickups.

Coca-Cola Signs Agreement With ZAP

MONTEVIDEO, URUGUAY and SANTA ROSA, CA (Oct 23, 2007) -- Coca-Cola and alternative transportation pioneer ZAP (OTC BB:ZAAP.OB - News) announced that they have signed an agreement to use ZAP vehicles in South America.

ZAP has signed an agreement with Coca-Cola's Latin America subsidiary, Montevideo Refrescos Sociedad SA (Monresa). The contract is a purchase and service agreement for ZAP XEBRA® trucks. The first container of ZAP trucks is in transit from China and more details are expected to be announced with the rollout of the business model between ZAP and Coca-Cola.

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