Investors

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.

UPDATED June 18, 2008: SACRAMENTO, CA -- May 29, 2008 -- The California Air Resources Board is offering a $1,000 rebate towards the purchase of a Xebra electric car and truck from ZAP (OTC BB:ZAAP.OB).

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.

ROCKLIN, California (May 21, 2008) -- As gas prices hit new record highs, an entrepreneurial mother has bought a golf cart business (Golf Carts of Lincoln) and transformed it into an electric car dealership in Rocklin, California called Electric Car Living. On May 30th and 31st she is introducing a new affordable electric car design called the ZAP (OTCBB: ZAAP) Xebra. The event is Friday from 3pm to 7pm and Saturday from 11am to 3pm.

SANTA ROSA, CA (May 19, 2008) -- Electric vehicle pioneer ZAP (OTC BB: ZAAP) announced today that Dubai's Al-Yousuf Group has completed a transaction to purchase a convertible debt that was part of a private placement registration from October 2007.

As part of the transaction, The Al Yousuf Group has purchased the convertible debt for $475,000.

"We are continually grateful for the commitment and support that Mr. Eqbal Al Yousuf has given ZAP," said ZAP CEO Steve Schneider. "The purchase of this convertible debt will help ZAP's business plans."

The United Arab Emirates manufacturing and distribution company purchased $5 million ZAP shares in November. In December, Mr. Eqbal Al-Yousuf, President joined ZAP's Board of Directors.

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