ZAP News

FRANKFORT, KY -- Aug 6, 2008 -- Steve Schneider, CEO for ZAP (OTC BB:ZAAP.OB) and Ashraf Saeed, COO of the Al Yousuf Group, stood by while Governor Steve Beshear yesterday signed an Executive Order directing the Transportation Cabinet to immediately develop and implement an emergency regulation authorizing the use of low-speed electric vehicles on Kentucky's roadways, including the Xebra, a 40 MPH electric car and truck.

ZAP CEO Steve Schneider and Al Yousuf COO Ashraf Saeed (2nd and 3rd from right) witnessed Governor Steve Beshear signing an Executive Order allowing the 40 MPH Xebra electric car and truck on Kentucky roads.

UPDATED: 8-5-2008 06:31 PDT
SANTA ROSA, California, USA and DUBAI, UAE (August 5, 2008) – Electric vehicle manufacturer ZAP (OTC BB: ZAAP) announced today that the Al Yousuf Group, a Dubai-based conglomerate and investor, is providing a $10 million financing arrangement for future working capital enabling ZAP to meet growing demand for its electric vehicles. The financing arrangement allows for advances by ZAP over the next few years.

Out of all things to which electric cars aspire – fighting record oil prices, combating global warming, reducing dependency on imported oil – getting a date was a surprising reason uncovered by The Wall Street Journal.

Have electric cars finally become cool? For nearly 100 years electric cars have been derided from the internal combustion automotive circles because they could not match the performance of gas-powered cars. Though history has shown little concern over environmental performance, it seems that high gas prices are finally tipping the scales towards the electric car.

HELENA, MT -- Aug 1, 2008 -- Montana officials announced that a city-speed electric truck from California manufacturer ZAP (OTC BB:ZAAP.OB) has been purchased by the Montana State Hospital at Warm Springs.

Montana Governor Brian Schweitzer, with wife Nancy and Border Collie Jag, first learned about the ZAP Xebra truck and sedan at the Fourth of July Parade in Butte this year.

ROME, GA -- Jul 29, 2008 -- Former Pirelli Tire North America president and CEO Gaetano "Guy" Mannino, after a lifetime of association with the auto industry, is speaking out about electric car technologies and his recent business venture with ZAP (OTC BB:ZAAP.OB).

Mannino's company, Verdek, has agreed to be the distributor for ZAP in the state of Georgia, where Mannino's business is headquartered. However, in an interview this week with www.CEONEWS.tv, Mannino talks about his plans for ZAP in the US and abroad.