Investors
ZAP Recruits Veteran Auto Industry Sales Team
H. Dennis Kammerer
Rodger L. Cornish
Anthony Diliberto
SANTA ROSA, CA -- Dec 4, 2008 -- Electric car pioneer ZAP (OTC BB:ZAAP.OB - News) announced today that it has recruited three auto and electric vehicle industry veterans to its sales team combining more than 70 years experience in sales, marketing, business operations and management.
ZAP Delivers New 4-Wheel Electric Truck
SANTA ROSA, CA--(November 25, 2008) - Electric car pioneer ZAP (OTCBB: ZAAP) is providing fleets with a better solution when it comes to 100 percent electric, plug-in transportation with the introduction of its four-wheel ZAP Truck XL. The new addition to ZAP's line offers an 800 pound payload.
ZAP Reports Third Quarter 2008 Results; 52% Increase in Revenue Over September Quarter 2007
SANTA ROSA, Calif.--(November 17, 2008)--Electric transportation pioneer ZAP (OTCBB:ZAAP) announced today its financial results for the third quarter ending September 30, 2008.
The company announced that increased demand for alternative transportation has resulted in record Advanced Technology Vehicle (electric vehicles) segment revenue in the quarter ended September 30, 2008 of $2.2 million, up 180% from Sept, 2007 quarter revenue of $0.8 million.
Coverage Initiated on ZAP by MDB Capital Group
NEW YORK --(November 14, 2008)-- MDB Capital Group has initiated coverage of electric car company ZAP (OTCBB:ZAAP - News) on Monday, November 10th with a Buy rating and a price target of $1.75 (Businesswire, Monday, Nov 10).
The report entitled “The Green Car Report” is now available at http://www.mdb.com.
About ZAP
ZAP Electric Car Sets Sales Record in August
SANTA ROSA, Calif., Sept. 18, 2008 -- Electric transportation pioneer ZAP (OTC Bulletin Board: ZAAP) announced that increasing demand has resulted in record August 2008 sales (unaudited) for its Advanced Technology Vehicle division, the most since ZAP's Xebra sedan and truck were launched in 2006.
Unaudited sales for ZAP electric vehicles surged to $737,000 in August, versus $392,000 a year ago, an increase of $345,000 or 88 percent. ZAP CEO Steve Schneider said the reason for the increase was a combination of high gas prices and the fact that ZAP has one of the few affordable, street-legal, city-speed electric vehicles in production line assembly today.
