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ZAP Global Blog: ZAP Jonway Announces Extension of US$19 Million Convertible Note

SANTA ROSA, Calif., Dec. 29, 2011 (GLOBE NEWSWIRE) — ZAP (OTCBB:ZAAP), also known as ZAP Jonway, a designer and manufacturer of electric vehicles (EVs), announced ZAP and China Electric Vehicle Corporation, or CEVC, an entity affiliated with Cathaya Capital, have agreed to extend the maturity date of the US$19 million convertible note held by CEVC [...] [...]

Hype: GM’s Chevy Volt plug-in car a 2011 sale’s flop?

The original Chevy Volt concept debut Should have been a more conventional hybrid? InsideLine is calling the Chevy Volt one of the two top sale’s flops of 2011, but is that a fair assessment? For years now I’ve panned the Volt as a ridiculous excuse not to build a real Toyota Prius-like contender, but I’ve never been against [...] [...]

Yo-Auto Promises First Russian Hybrid in 2012

By Jeff Cobb This week Russian automaker Yo-Auto said it would begin offering Russia its first hybrid car by December 2012. The company caught attention at the Frankfurt auto show when it showed an avant-garde model with sliding doors (see video below) as one of the unique vehicles to be offered by billionaire company founder, Mikhail [...] [...]

Best Sales Year Ever for Award-Winning Ford Fusion

In five short years since introduction, Fusion sales are expected to reach 240,000 by year-end, making 2011 its best-selling year ever and Fusion Ford’s best-selling car. [...]

Fisker plug-in sales could be a 2012 disappointment

Surf: Riding the wave to plug-in sales success? 5,000 sales instead of 15,000? I don’t fit in Beverly Hills. I’m an east side kid, and we’re a little bit more real on this side of LA. But that doesn’t mean the West side is bad. In fact, I lived on the West side many years ago and [...] [...]