SEOUL, Korea, SANTA ROSA, California and HANGZHOU, China (February 22, 2010) – Electric vehicle pioneer ZAP (OTC BB: ZAAP) has accepted a purchase order from Samyang Optics Co. Ltd. (KSE: 008080.KS) of Korea for 100 electric SUVs to be built through a partnership with China auto manufacturer Zhejiang Jonway Automobile Co. Ltd.
SANTA ROSA, California (December 9, 2009) – For the third year in a row, UPS has leased a fleet of electric trucks from ZAP (OTC BB: ZAAP) to help with deliveries to urban and residential communities in the Bay Area.
The 25 ZAP electric trucks are enabling UPS drivers to more easily schedule delivery routes in neighborhoods and dense urban areas where congestion and parking restrictions present potential problems for larger UPS vans. UPS has leased 92 electric vehicles from ZAP since 2007 to assist with increased delivery needs during November and December.
SANTA ROSA, California, August 13, 2009 – Electric vehicle pioneer ZAP (OTC BB: ZAAP) announced today the company has been awarded a contract to supply the Federal Aviation Administration (FAA) with a fleet of its popular Zaptruck XL, a versatile 100% plug-in electric truck. The FAA will take deliveries of the vehicles in September at a major metro center in the Midwest.
SANTA ROSA, California (August 10, 2009) – Electric vehicle pioneer ZAP (OTC BB: ZAAP) announced today that it has secured up to $25 million in new financing with Cathaya Capital, L.P. With offices in Silicon Valley, Cathaya, L.P. is backed by financier Jacques de Chateauvieux’s Paris-based Jaccar Holdings and intends to manage the investment through its affiliate Better World International, Ltd.
ZAP will use a portion of the funding to pursue longer-term contract production and assembly commitments, and to accelerate deliveries of trucks and vans to fill current fleet and government orders.
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.
Initial Deliveries of its Unique Zaptruck XL/Payload Shell
SANTA ROSA, California, July 1, 2009 – Electric vehicle pioneer ZAP (OTC BB: ZAAP) announced today they have shipped a fleet of their Zaptruck XLs, a versatile 100% plug-in electric LSV, equipped with a Payload drop-in shell to Bexar County, San Antonio, Texas.
The vehicles will be used by a variety of county departments as they expand their "green initiative." Each truck is equipped with one of ZAP’s newest options – the versatile Payload shell providing a weatherproof, fully enclosed and lockable storage compartment.