Technology

Forbes Magazine: Who is a winner with $4-a-gallon gas?

Needed: A Plug-In HummerNeeded: A Plug-In HummerWho's getting rich off $4-a-gallon gas--and who's feeling the pain? This is a question that Forbes Magazine asked in their Special Investment Guide Issue that hit newstands this June. The article "Needed: A Plug-In Hummer" is an entertaining, yet serious look at the repurcussions of high gas prices. You know times are changing when Forbes gives a nod to the smaller, indpendent car companies like ZAP. The article shows a computer model of the ZAP Alias, an electric sports car being developed by ZAP, and taps ZAP as one of the WINNERS, saying the vehicles "...are looking sexier with every uptick in gas prices." Other winners? Plug-in hybrid kit makers. Losers?

Eqbal Al Yousuf Purchases $1 Million Stake in ZAP's Battery Business

DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA--(MARKET WIRE)--Jun 17, 2008 -- Mr. Eqbal Al Yousuf has purchased a 50 percent interest of the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTC BB:ZAAP.OB - News) for US$1 Million ($1,000,000).

Mr. Al Yousuf made the $1 million purchase personally following his announcement last week of his intentions. Eqbal Al Yousuf is the President of The Al Yousuf Group and was recently appointed Chairman of ZAP's Board of Directors.

According to officials from ZAP and Al Yousuf, samples of ZAP's Recharge-It-All technology have been shipped to Dubai for testing.

Al Yousuf to Acquire 50 Percent Interest in ZAP Recharge-It-All Battery Line

DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA -- Jun 12, 2008 -- Mr. Eqbal Al Yousuf will acquire a 50 percent interest in the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTC BB:ZAAP.OB).

Mr. Al Yousuf was recently appointed Chairman of ZAP's Board of Directors and attended his first board meeting as Chairman on June 2 at ZAP's Santa Rosa headquarters. Mr. Al Yousuf is the President of The Al Yousuf Group, but intends to make his commitment towards ZAP Recharge-It-All his own personal investment.

ZAP Acquires Interest in Electric Wheel Motor Company

SANTA ROSA, CA -- Jun 2, 2008 -- Electric transportation pioneer ZAP (OTC BB:ZAAP.OB) announced today that it has acquired an ownership interest in an electric motor company to develop and manufacture a new line of wheel motors for future vehicle developments and global distribution.

Chicago Rolls Out ZAP Solar Electric Car for Catering on Earth Day

Chicago's Sopraffina Marketcaffe to Unveil Solar-Electric Catering Vehicle in Chicago

CHICAGO, April 22, 2008 -- Chicago's Sopraffina Marketcaffe today is celebrating Earth Day with the unveiling of a new, first-of-its-kind, 100 percent solar-electric powered catering vehicle. La Grange Park electric car dealer Jessup's Automotive helped bring the vehicle to Chicago as part of a dealer network being formed by ZAP (OTC Bulletin Board: ZAAP).

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