Electric Cars
Tell Obama, Congress to Support Electric Car Entrepreneurs
President-elect Obama plans to "put 1 million Plug-In Hybrid cars -- cars that can get up to 150 miles per gallon -- on the road by 2015,” according to his website www.barackobama.com. The problem with this plan is that it comes in the middle of economic turmoil and financial collapse of the Big 3 automakers.
Often financial stimulus goes from the government to large corporations, and smaller innovative companies like ZAP are omitted. Over the past few decades, billions of dollars of taxpayer money have gone to the Big 3 to improve fuel-economy and support the use of advanced technologies like electric cars and almost nothing has been delivered while the industry has fought regulation at every turn. At the same time, the smaller companies that deliver receive nothing.
ZAP Delivers New 4-Wheel Electric Truck
SANTA ROSA, CA--(November 25, 2008) - Electric car pioneer ZAP (OTCBB: ZAAP) is providing fleets with a better solution when it comes to 100 percent electric, plug-in transportation with the introduction of its four-wheel ZAP Truck XL. The new addition to ZAP's line offers an 800 pound payload.
ZAP Reports Third Quarter 2008 Results; 52% Increase in Revenue Over September Quarter 2007
SANTA ROSA, Calif.--(November 17, 2008)--Electric transportation pioneer ZAP (OTCBB:ZAAP) announced today its financial results for the third quarter ending September 30, 2008.
The company announced that increased demand for alternative transportation has resulted in record Advanced Technology Vehicle (electric vehicles) segment revenue in the quarter ended September 30, 2008 of $2.2 million, up 180% from Sept, 2007 quarter revenue of $0.8 million.
ZAP: Electric Car Incentives Approved in Uruguay
MONTEVIDEO, URUGUAY -- Nov 11, 2008 -- The Mayor of Montevideo approved incentives for electric car ownership and use in Uruguay, according to industry pioneer ZAP (OTC BB:ZAAP.OB - News).
"The incentives range from free parking for electric cars within Montevideo, the capital of Uruguay, to no tolls on roads or bridges and no registration for three years," said Fernando Cancela of ZAP Latin America.
ZAP Redesigns 2009 Electric City Car with Hatchback
Debut at Sacramento International Auto Show November 6-9
SACRAMENTO, California (November 6, 2008) – Electric car pioneer ZAP (OTC BB: ZAAP) has redesigned its Xebra city-speed electric car for 2009 with a hatchback to increase the functionality and steel body construction to improve quality.
The 2009 ZAP Xebra Sedan debuts November 6 through 9 at the Sacramento International Auto Show. Local ZAP dealer Cost Less Auto of Rancho Cordova, California is organizing a display that will include other electric vehicles from ZAP's line.