Corporate

Want to get to know a little about our CEO? Steve brings a lot of knowledge, experience and wisdom to Zap with an extensive background in the automotive industry. He's also had an exciting, adventurous life as you'll soon find out!

Steve Schneider has been director and Chief Executive Officer of ZAP since October 26, 2002.

In 2001, Mr. Schneider founded Voltage Vehicles, a fuel vehicle distributor specializing in electric vehicles and full-performance alternative fuel vehicles such as automobiles, motorcycles, and bicycles.

He also founded Auto Distributors, Inc., which is the promotion and distribution division of Voltage Vehicles.

US-China Bus Deal Projects $200 Million in Revenues by 2009

SHANGHAI, CHINA and SANTA ROSA, CA -- Feb 26, 2008 -- Youngman Automobile Group, China's premium quality bus and coach manufacturer, announces plans to ship 1,000 high quality German technology-based CNG (compressed natural gas) buses to the US within the next 12 months.

A US-China bus distribution between Youngman Automobile Group and electric car maker ZAP (OTCBB: ZAAP) announced today plans to ship 1,000 high quality German technology-based compressed natural gas buses to the US within the next 12 months, with projected revenues of $200 million by 2009.

Many people ask me what Zap's mission is. To be clear about the who we are, what we do and what we stand here is a statement that sums up Zap!

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 90,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering.
Zap recently launched a new portable energy technology that manages power for mobile electronics, like cell phones and laptops.

SAN FRANCISCO, Feb. 19, 2008 -- Detroit Electric today announces the appointment of Mr. Albert Lam, former CEO of Lotus Engineering, as the Chief Executive Officer of the company. Mr. Lam recently accepted the job as the Chairman of the company, but this latest appointment will enable him to focus full time on managing and growing the company.

As most you know, our company name ZAP stands for Zero Air Pollution.

With its new product offerings, we have positioned to become a leading brand and distribution portal of advanced technology vehicles.

ZAP is committed to running its business based on a strong philosophical foundation that supports the environment, social responsibility and profitability.

So, what exactly is our strategy?
ZAP's strategy is to serve the growing and underrepresented consumer that seeks fuel efficient vehicles. With the recent increases in the cost of oil and increasing concern about the environment and the effects of global warming, we believe there is a large and untapped demand in the areas of transportation and consumer products.