Smart Car

ZAP Files Legal Action Against DaimlerChrysler and Affiliated Companies

ZAP's Suit Relates to Converting and Marketing Daimler's ''Smart Car'' in the U.S.

SANTA ROSA, Calif.--(BUSINESS WIRE)--Nov. 1, 2005--Transportation pioneer ZAP (OTC BB: ZAAP) announced today that the Company will be proceeding with legal action against DaimlerChrysler (NYSE:DCX - News) and affiliated companies and individuals, serving a complaint that seeks in excess of $500 million in redress for a more than year-long campaign of misconduct perpetrated against ZAP by Daimler and Ulrich Walker, the then-CEO of its subsidiary Smart gmbh.

ZAP Obtains $425 Million Revolving Line of Credit to Import SMART Cars and Other Fuel-Efficient Vehicles

Tuesday September 20, 3:40 am ET

SANTA ROSA, Calif.--Sept. 20, 2005--ZAP (PCX: ZAAP- News), announced today that it has concluded an agreement for a $425 million revolving financing facility with Surge Capital II, LLC that could be used to import SMART cars and other advanced transportation vehicles for its dealers.

ZAP Announces Dealership in New Hampshire, Smart Car Americanized by ZAP Unveiled by McFarland Ford

Tuesday July 26, 7:00 am ET

EXETER, N.H., July 26 -- ZAP (PCX: ZAAP), pioneering the next generation of advanced transportation and energy technologies, announced that McFarland Ford of Exeter, New Hampshire has received a Smart Car Americanized by ZAP, one of the first dealers in the U.S. and the first in New England.

ZAP Announces 2005 Model Year Smart Cars Have Entered U.S.

SANTA ROSA, California (July 21, 2005) - ZAP (OTC BB: ZAAP), pioneering the next generation of advanced transportation and energy technologies, announced today that 2005 model year Smart Cars have entered the United States.

The 2005 Model Year Smart Cars are the first of the new models ZAP intends to Americanize and offer through its distribution network, specializing in fuel-efficient and advanced automotive technologies, according to ZAP CEO Steve Schneider.

ZAP Announces Approval of 2005 Model Year Smart Car

SANTA ROSA, Calif., July 19 -- ZAP (PCX: ZAAP), pioneering the next generation of advanced transportation and energy technologies, announced today the approval of the 2005 model year Smart Car. ZAP announced that a petition for import eligibility has been granted by the United States Department of Transportation for the 2005 Model Year "Smart Car Fortwo Coupe & Cabriolet."

The Smart Car is one of the only micro-cars available in the U.S. at a time of record gas prices.