ZAP News
ZAP Elects Vetran Toyota Manufacturing Exec to Board
ZAP Board of Directors Member Gary DoddSANTA ROSA, CA--(MARKET WIRE)--Jun 9, 2009 -- Electric transportation pioneer ZAP (OTC BB:ZAAP.OB - News) has elected Gary Dodd to its board of directors. Dodd, a successful entrepreneur and former Toyota executive, is the CEO of Zap Motor Manufacturing Kentucky (ZMMK), which has an exclusive U.S. manufacturing agreement with ZAP to provide a domestic manufacturing base for the company.
"Pure electric vehicles are going to be a major force in the auto industry," said Dodd. "ZAP is an established player full of innovative product ideas that offers new directions in personal and commercial transportation. It is a leader in a vital emerging American industry."
ZAP Completes Made in USA Electric Pickup Engineering Project
SANTA ROSA, CA--(MARKET WIRE)--Jun 2, 2009 -- Electric vehicle pioneer ZAP (OTC BB:ZAAP.OB - News) has completed an engineering project to develop a four-wheel electric pickup with the majority of the parts and components supplied by US companies. This initiative is in line with the company's ongoing efforts to restructure its operations to focus on US production, particularly in the electric truck arena, as well as in the recent announcement regarding the American manufacture of the ZAP Alias model.
ZAP Retains the Investor Relations Group
SANTA ROSA, CA--(MARKET WIRE)--Jun 5, 2009 -- Electric vehicle pioneer ZAP (OTC BB:ZAAP.OB - News) (www.zapworld.com) has retained the Investor Relations Group (IRG), a highly recognized, thirteen-year-old corporate communications firm based in New York City, to serve as its investor relations and public relations firm.
"We believe this to be an opportune time to engage a public relations and investor relations team," said Steve Schneider, CEO of ZAP. "Fundamental changes are occurring in government policy and popular thinking as they relate to the automobile industry and carbon emissions.
ZAP Shipping Trucks to United States Military
SANTA ROSA, CA--(MARKET WIRE)--Jun 16, 2009 -- Electric vehicle pioneer ZAP (OTC BB:ZAAP.OB - News) confirmed today they have begun shipping their Zaptruck XLs, a versatile 100% plug-in electric LSV, to several US military bases in the US and in international locations.
ZAPTRUCK XL ready for shipment
According to Amos Kazzaz, ZAP's Chief Operating Officer in charge of production, "Our Zaptruck XL has captured a significant market share in what is becoming a high demand/high growth segment of the EV marketplace. These orders and continued strong dealer demand have resulted in our ramping up higher production which is a manageable and nice problem to deal with."
ZAPTRUCK XL ready for shipment
According to Amos Kazzaz, ZAP's Chief Operating Officer in charge of production, "Our Zaptruck XL has captured a significant market share in what is becoming a high demand/high growth segment of the EV marketplace. These orders and continued strong dealer demand have resulted in our ramping up higher production which is a manageable and nice problem to deal with."
ZAP Completes two million dollar private placement
SANTA ROSA, California June 11, 2009 – Electric transportation pioneer ZAP (OTC BB: ZAAP) has closed on a $2 million private placement from The Banks Group LLC.
Jeffrey G. Banks, the Group’s principal and a current investor in ZAP said, “I strongly believe in ZAP’s market attractiveness, especially as they begin transition into domestic production. Given the company’s knowledge, experience and leadership position, there is no doubt in my mind that we’ve made a predictably smart EV investment.” He added, “ZAP has sharpened their focus on market segments that are growing, offering a much greater potential for both near and long-term success.”
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