ZAP Smart Car Orders Accelerate to Over $40,000,000

ZAP Smart Car Orders Accelerate to Over $40,000,000

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SANTA ROSA, Calif., Feb. 2 -- Major U.S. automotive dealers gave industry pioneer ZAP (OTC Bulletin Board: ZAAP - News) an additional $16,000,000 in purchase orders for the Smart Car Americanized by ZAP. This is in addition to the original $21,000,000 reported on February 1. This brings the total amount of purchase orders received from the NADA show to over $37,000,000, bringing orders in hand to over $40,000,000. The company is still in the process of tallying up all the purchase orders received at the show.

ZAP now has U.S. compliant Smart Cars available for sale and today is hosting a demonstration to the media by appointment in the Los Angeles area. The Smart Car needs to undergo testing to meet California emissions standards, followed by New York, Maine, Massachusetts and Vermont, before it can be sold in these states.

"We had just an understated 10-by-10 booth, the smallest one there," said CEO Steven Schneider, "but the desire for the car was overwhelming, as evidenced by the orders received."

The SMARTCAR enables ZAP to accelerate its business plan of establishing a ZAP auto dealer network that caters to socially responsible car buyers with advanced automotive technologies, including fuel-efficient automobiles powered by gasoline, electric, hydrogen and other fuels. The publicly owned Northern California Company made a name for itself over the past decade pioneering the market for electric cars, bikes and scooters.

Smart-Auto LLC is an independent, privately-held company that oversees the direct importation and modification of automobiles to meet U.S. standards.