NEW YORK, NY, October 19, 2009 – ZAP (OTC BB: ZAAP) of Santa Rosa, California, a developer of electric vehicles and electric power systems, is participating in two events this week in New York City to preview the Alias, its new electric sports car. The ZAP Alias is also in competition with other companies’ vehicles for $10 million in prizes as part of the Progressive Insurance Automotive X PRIZE, set up to foster the development of clean, production-capable vehicles that exceed 100 miles per gallon or energy equivalent.
Large Format Lithium Battery Arrays for Electric Pickups, Vans, Alias Roadster and Others Planned
SANTA ROSA, California (July 28, 2009) – Electric transportation pioneer ZAP (OTC BB: ZAAP) has taken delivery of larger-format polymer lithium-ion battery-equipped vehicles from Advanced Battery Technologies, Inc. (NASDAQ: ABAT). The company also plans to begin integrating other large-format lithium-ion batteries in its popular electric vehicles that are already in production as well as those under development.