Archive for October 25th, 2008
Santa Rosa, CA (October 8, 2008) – Electric transportation pioneer ZAP (OTC BB: ZAAP) announces that unprecedented demand for alternative transportation has resulted in record electric vehicles shipped (unaudited) in the quarter ended September 30, 2008 for the Advanced Technology Vehicle segment. This was the best sales quarter since ZAP launched its Xebra sedan and pickup truck vehicle line in 2006.
In the quarter ended September 30, 2008, we shipped 240 Xebra vehicles as compared to 80 in the quarter ended September 30, 2007, or an increase of 160 vehicles and 200%. For the quarter ended June 30, 2008 the number of vehicles shipped was 130 as compared to 80 in the quarter ended June 30, 2007, an increase of 50 vehicles or 62%. (See Table 1 below)
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LITITZ, Pa. — Mike Cronin, owner of Lititz Car Company, announced the Pennsylvania Department of Transportation has given the green light to sell a new 40 MPH electric car and truck from ZAP (OTCBB:ZAAP).
Cronin said ZAP cars and trucks have generated sales interest since arriving at his dealership this summer. Because the electric vehicles were new in Pennsylvania, he and the manufacturer had to work with PennDOT to file the necessary paperwork to legally sell the cars.
“I am grateful for the cooperation from PennDOT to make a new form of transportation like this available in the Commonwealth of Pennsylvania,” said Cronin. “Everyone is hurting from high gas prices and the poor economy and vehicles like the ZAP are part of the solution.”
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SANTA ROSA, CA — Oct 1, 2008 — As a result of an increase in demand for electric cars and other forms of plug-in transportation, alternative energy pioneer ZAP (OTC BB:ZAAP.OB - News) has increased its workforce by almost 30 percent since the beginning of the year.
“While most U.S. automakers are laying off workers and facing declining sales, ZAP is experiencing record growth,” said CEO Steve Schneider. “We are proud that ZAP is one of the few companies selling cost-effective, plug-in transportation today.” He added that ZAP is launching new electric vehicles this quarter.
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MONTEVIDEO, URUGUAY — September 23, 2008 — The government of Uruguay, in a move to expand investment in new industries and technologies, has set aside land for an electric vehicle assembly plant expected to begin construction next month by US electric car pioneer ZAP (OTC BB:ZAAP.OB).
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SANTA ROSA, California (September 22, 2008) — For the past 14 years, ZAP (OTC BB: ZAAP) has had a vision of the future in which environmentally and socially conscious consumers started opting for less polluting, less energy-intensive or less expensive models of transportation. We have offered electric bicycles, bike kits, scooters, mopeds, motorcycles, ATVs, dirt bikes, seascooters, go-karts, golf-carts, low-speed vehicles–even cars.
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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 7,000 in August, versus 2,000 a year ago, an increase of 5,000 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.
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Residents Show Support for Local Electric Vehicle Project
FRANKLIN, KY — Sep 17, 2008 — After the ground breaking on an electric car plant for Integrity Automotive, residents and city officials in Simpson County have shown their support by ordering three electric trucks from ZAP (OTC BB:ZAAP.OB).
No gas, no problem — City of Franklin employee Mandy Cassidy uses a new ZAP electric truck to run errands around town.
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