Environment

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

Needed: 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?

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.

Former President of Pirelli Tire North America Asks Corporate America to "Walk the Talk"

UPDATE: June 24, 2008 - Hear an interview with Guy Mannino, Click Here. - QuickTime File

ROME, Georgia (June 5, 2008) -- Guy Mannino, former president and CEO of Pirelli Tire North America (PTNA), at least agrees with the current presidential candidates on one thing... it's time for a change. In his own words, Mannino is "calling on all retired and current CEOs of corporate America to join with me and just stop talking 'green' and start driving 'green'!"

The President's Energy Policy

"Tonight I want to have an unpleasant talk with you about a problem unprecedented in our history. With the exception of preventing war, this is the greatest challenge our country will face during our lifetimes. The energy crisis has not yet overwhelmed us, but it will if we do not act quickly.

It is a problem we will not solve in the next few years, and it is likely to get progressively worse through the rest of this century.

We must not be selfish or timid if we hope to have a decent world for our children and grandchildren.

We simply must balance our demand for energy with our rapidly shrinking resources. By acting now, we can control our future instead of letting the future control us.

Electric Car Firm ZAP Names New Chairman, Mr. Eqbal Al Yousuf of Dubai

SANTA ROSA, Calif. & DUBAI, United Arab Emirates -- May 27, 2008 -- Electric car pioneer ZAP (OTCBB:ZAAP) today named Mr. Eqbal Al Yousuf Chairman of the 13-year public Company. The effective date of his appointment will be June 2, the day of the next scheduled meeting for the board of directors.

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