International
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.
Electric Car Factory Breaks Ground in Kentucky for Joint Venture Between ZAP and Integrity
Submitted by acampbell on Mon, 09/15/2008 - 03:20.
FRANKLIN, KY and SANTA ROSA, CA -- Sep 15, 2008 -- Work commenced at the site of an electric car factory in Franklin, Kentucky, according to officials for Integrity Automotive, a joint venture to expand electric vehicle manufacturing in the USA for ZAP (OTC BB:ZAAP.OB).
Detroit Electric Attracts New Investment and Technology Partners from Europe
Submitted by acampbell on Wed, 09/03/2008 - 09:44.
HONG KONG (Aug. 30, 2008) -- Historic electric car brand Detroit Electric last June reached an understanding to move forward in the development of a line of full-performance pure electric passenger vehicles. CEO Albert Lam said a vehicle distributor and additional technology partners in Europe intend to provide capital financing and electric drive system technology for the venture. He expects further details to be announced.
$68 Million in Kentucky Manufacturing Incentives Fast Tracks Electric Vehicle Talks at ZAP Headquarters With Integrity Manufactu
Submitted by acampbell on Mon, 08/18/2008 - 20:18.
Monday August 18, 7:00 am ET
SANTA ROSA, CA--(MARKET WIRE)--Aug 18, 2008 -- Randall S. Waldman and Larry Cottingham of Integrity Manufacturing LLC are in Santa Rosa, California today for meetings with the management of electric vehicle pioneer ZAP (OTC BB:ZAAP.OB - News).
Integrity Manufacturing has been working with the State of Kentucky to help provide incentives to attract more manufacturing and assembly to the state. On Friday The Kentucky Economic Development Finance Authority gave preliminary approval for $68 million in state incentives for a large-scale manufacturing initiative with Integrity. The project is expected to bring economic development, new factory production and up to 2,500 jobs to Kentucky.
Answer to Beijing Air Pollution Under Olympic Noses
Submitted by acampbell on Fri, 08/15/2008 - 15:33.
When Beijing won the privilege of hosting the 2008 Olympic Games, seven years ago, the Chinese capital promised to improve its air quality, but as the Olympics now are in full swing and air quality has been a visibly controversial issue, ZAP asks if anyone realizes there is an electric car factory just outside of Beijing building hundreds of zero-emission electric vehicles for export by ZAP to the United States?
