China

ZAP Enters China Electric Vehicle Market with Holley Group, the Global Leader in Electric Power Meters

Phase II of ZAP’s Strategy to Reposition for Global Market

SANTA ROSA, California and HANGZHOU, China (December 16, 2009) -- Electric transportation pioneer ZAP (OTC BB: ZAAP) and Holley Group, the world's largest volume producer of electric power meters according to the Wenhui-Xinmin United Press Group, have established a joint venture company in China with backing from venture capital firm Better World International to target the electric vehicle market in China.

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 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.

Detroit Electric Attracts New Investment and Technology Partners from Europe

Submitted by Anonymous on Wed, 09/03/2008 - 10:44
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 Anonymous on Mon, 08/18/2008 - 21:18
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 Anonymous on Fri, 08/15/2008 - 16:33
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?

CNN: 5 Electric Cars You Can Buy Today

Submitted by Anonymous on Thu, 07/31/2008 - 20:00
ZAP Xebra Electric SedanZAP Xebra Electric Sedan CNN did a round up of 5 electric cars that are available right now in the US. The five vehicles are an interesting selection, because if you look on the Internet it seems every car company has an electric car that they are already selling or that will come out over the next few years. So which is it? Are these the only five electric cars available right now? Or did CNN leave out a host of other vehicles?

Electric Car Firm ZAP Sparks China Earthquake Relief Fund With $50,000 Donation

Submitted by Anonymous on Thu, 05/15/2008 - 17:20

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

Steve Schneider Shows Arnold Schwarzenegger ZAP Electric Vehicles in ChinaIn October 2007, Governor Arnold Schwarzenegger made a brief visit while in China to meet with ZAP CEO Steve Schneider and China Youngman staff to learn more about their joint venture to make electric and hybrid vehicles.

China Youngman Plans to Ship 1,000 German Technology-Based, Quality CNG Buses to the US Within 12 Months

Submitted by Anonymous on Tue, 02/26/2008 - 09:23

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.

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