ZAP News

June Gas Prices in the SF Bay Area
This is a real camera phone picture sent to us yesterday by a friend of ZAP here in the San Francisco Bay Area. People are really hurting from rising gasoline prices. But if you are in the USA, consider yourself lucky. A gentleman from Ireland called last month inquiring about ZAP vehicles and reminded me that people in Europe are paying much more for gasoline relative to the United States. After we finished converting pounds to dollars and liters to gallons, I started understanding what he means.

Below is a recent summary of the highest gas prices in the world and the USA is no where near the top:

Hightest Gas Prices Ranked by Country

ZAP Xebra Electric Sedan
CNN did a round up of 5 electric cars that are available right now in the US. The five vehicles are an interesting selection, because if you look on the Internet it seems every car company has an electric car that they are already selling or that will come out over the next few years. So which is it? Are these the only five electric cars available right now? Or did CNN leave out a host of other vehicles?

Needed: A Plug-In HummerWho's getting rich off $4-a-gallon gas--and who's feeling the pain? This is a question that Forbes Magazine asked in their Special Investment Guide Issue that hit newstands this June. The article "Needed: A Plug-In Hummer" is an entertaining, yet serious look at the repurcussions of high gas prices. You know times are changing when Forbes gives a nod to the smaller, indpendent car companies like ZAP. The article shows a computer model of the ZAP Alias, an electric sports car being developed by ZAP, and taps ZAP as one of the WINNERS, saying the vehicles "...are looking sexier with every uptick in gas prices." Other winners? Plug-in hybrid kit makers. Losers?

DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA--(MARKET WIRE)--Jun 17, 2008 -- Mr. Eqbal Al Yousuf has purchased a 50 percent interest of the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTC BB:ZAAP.OB - News) for US$1 Million ($1,000,000).

Mr. Al Yousuf made the $1 million purchase personally following his announcement last week of his intentions. Eqbal Al Yousuf is the President of The Al Yousuf Group and was recently appointed Chairman of ZAP's Board of Directors.

According to officials from ZAP and Al Yousuf, samples of ZAP's Recharge-It-All technology have been shipped to Dubai for testing.

DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA -- Jun 12, 2008 -- Mr. Eqbal Al Yousuf will acquire a 50 percent interest in the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTC BB:ZAAP.OB).

Mr. Al Yousuf was recently appointed Chairman of ZAP's Board of Directors and attended his first board meeting as Chairman on June 2 at ZAP's Santa Rosa headquarters. Mr. Al Yousuf is the President of The Al Yousuf Group, but intends to make his commitment towards ZAP Recharge-It-All his own personal investment.