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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