International
Major Shareholder and Strategic Partner Al Yousuf Group Purchases ZAP's Convertible Debt
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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Electric Car Firm ZAP Sparks China Earthquake Relief Fund With $50,000 Donation
ZAP Challenges Others to Match or Exceed Its $50,000 Donation
DEZHOU, SHANDONG PROVINCE, CHINA and SANTA ROSA, CA--(MARKET WIRE)--May 15, 2008 -- California electric car pioneer ZAP (OTC BB:ZAAP.OB) is starting a relief fund with the factory for its Xebra electric car and truck to aid victims of the May 12 earthquake in Sichuan, China.
Steve Schneider Shows Arnold Schwarzenegger ZAP Electric Vehicles in China
Electric Car CEO Says Market Change Is Good for ZAP
ZAP CEO Steve Schneider Featured on www.CEONEWS.Tv
NEW YORK, NY--(MARKET WIRE)--Mar 17, 2008 -- ZAP (OTC BB:ZAAP.OB - News) electric car CEO Steve Schneider said, "The market is finally catching up to what ZAP has been preaching," in an online interview with www.CEONEWS.Tv.
Schneider discussed the Company's future plans with CEONEWS.Tv, including plans to make freeway capable electric cars through a joint venture called Detroit Electric with China Youngman, one of China's largest vehicle manufacturers.
A 30-year veteran of the auto industry, Schneider talked about ZAP's strategy of setting up auto dealers and also touched on the recent challenges faced by ZAP, but said that one of ZAP's strengths is its resiliency.
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Coca-Cola Rolls Out New Distribution Model With ZAP
Small, Efficient ZAP Trucks Save Time and Money on Urban Deliveries
MONTEVIDEO, URUGUAY and SANTA ROSA, CA -- Jan 23, 2008 -- The Coca-Cola Company and alternative transportation pioneer ZAP (OTC BB:ZAAP.OB) announced a project to use 30 of its compact trucks for a new beverage distribution system in Montevideo, Uruguay.
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