International
ZAP Receives Order for 100 New Electric SUVs from Samyang Optics
SEOUL, Korea, SANTA ROSA, California and HANGZHOU, China (February 22, 2010) – Electric vehicle pioneer ZAP (OTC BB: ZAAP) has accepted a purchase order from Samyang Optics Co. Ltd. (KSE: 008080.KS) of Korea for 100 electric SUVs to be built through a partnership with China auto manufacturer Zhejiang Jonway Automobile Co. Ltd.
ZAP Enters China Electric Vehicle Market with Holley Group, the Global Leader in Electric Power Meters
Phase II of ZAP’s Strategy to Reposition for Global Market
SANTA ROSA, California and HANGZHOU, China (December 16, 2009) -- Electric transportation pioneer ZAP (OTC BB: ZAAP) and Holley Group, the world's largest volume producer of electric power meters according to the Wenhui-Xinmin United Press Group, have established a joint venture company in China with backing from venture capital firm Better World International to target the electric vehicle market in China.
ZAP and ETI Tech of Malaysia Sign Binding MOU for Electric Vehicle Joint Venture
SANTA ROSA, California and KULIM, Malaysia (August 19, 2009) – U.S. electric vehicle pioneer ZAP (OTC BB: ZAAP) and Malaysia’s home grown green technology company, ETI Tech Corporation Berhad (listed on ACE Market of Bursa Malaysia: 0118.KL; ETITECH), jointly announced today their intention to form a manufacturing and distribution joint venture.
ZAP and ETI Tech have signed a binding Memorandum of Understanding (MOU) for the supply of ETI Tech batteries and battery management systems (BMS) for ZAP personal transportation electric vehicles. The two companies have also agreed to joint manufacturing and distribution and expect to execute a definitive agreement within ninety days from the date of signing the MOU.
ZAP Secures up to $25 Million in New Financing.
SANTA ROSA, California (August 10, 2009) – Electric vehicle pioneer ZAP (OTC BB: ZAAP) announced today that it has secured up to $25 million in new financing with Cathaya Capital, L.P. With offices in Silicon Valley, Cathaya, L.P. is backed by financier Jacques de Chateauvieux’s Paris-based Jaccar Holdings and intends to manage the investment through its affiliate Better World International, Ltd.
ZAP will use a portion of the funding to pursue longer-term contract production and assembly commitments, and to accelerate deliveries of trucks and vans to fill current fleet and government orders.
Toyota Manufacturing Veteran Named ZAP President
ZAP Names Former SEC Counsel Mark Abdou to Board of Directors
ZAP Retains the Investor Relations Group
ZAP Shipping Trucks to United States Military
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.”
CEO Radio Network Interviews ZAP on Electric Car Stimulus Incentives
ZAP Alias Appears at February 2009 Dealer Seminar
SANTA ROSA, California (February 24, 2009) – Steve Schneider, the Chief Executive Officer of ZAP (OTC BB: ZAAP), a leading source of electric transportation, was interviewed last night by John McDermott on CEO Radio Network.
The interview with Steve Schneider is available at the following URL: http://www.zapworld.com/files/Updated%20content/ZAP.mp3.