ZAP Tops 'Green' Stock Index
ZAP Tops 'Green' Stock Index
BROOMFIELD, Colorado - LOHAS Journal listed advanced automotive technology company ZAP (OTC BB:ZAAP) at the top of its weekly index of stock market gainers in the LOHAS marketplace during the week of September 20.
The Lifestyles of Health and Sustainability (LOHAS) describes a $226.8 billion U.S. marketplace. |
LOHAS (http://www.lohasjournal.com) is an acronym that stands for Lifestyles of Health and Sustainability and describes a $226.8 billion U.S. marketplace for goods and services that appeal to consumers who value health, the environment, social justice, personal development and sustainable living. These consumers are variously referred to as Cultural Creatives or LOHAS Consumers and represent a sizable group in this country: approximately 30 percent of adults, or 63 million consumers.
ZAP stock ended the week of September 20 up 11.76 percent while the overall index ended the week down 0.3 percent. The LOHAS Index overall has climbed 20.6 percent so far in 2004.
Last week, ZAP announced that its electric WORLDCAR, was certified by the State of California Air Resources Board as a "Zero-Emission Vehicle," clearing the way for ZAP for the first time to sell full-performance electric automobiles. ZAP says its WORLDCAR is one of the first production electric cars available that was assembled in China. ZAP also celebrated its tenth anniversary in business on Thursday, September 23.
ZAP, which stands for Zero Air Pollution, established an Automotive Division two years ago to begin the marketing and distribution of a full-range of advanced technology vehicles that focus on energy efficiency and environmentally friendly technologies. ZAP is working to manufacture, license and distribute its automobiles through a nationwide network of ZAP auto dealerships.
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