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VIDEO: ZAP Founder on the Alias Electric Car and XPRIZE

September 9, 2010 Leave a comment

The Zap Alias won the on-line poll for the most attractive car, but this car is far more than just a pretty face. An efficient and quick three-wheeled side-by-side, this electric vehicle carries a 32 kWh advanced lithium-ion phosphate battery made by one of the largest BEV manufacturers in the US, yet it still weighed in at a modest 2733 pounds. This car showed innovation in both its design and execution, yielding excellent performance and efficiency. Class: Alternative Side by Side No. of wheels: Three Passengers: Two Drive type: Battery electric, front-wheel-drive Battery type: 32 kwh, lithium-ion Charging: 110v or 220v Thankz for the great video, XPRIZE! Watch more videos at the XPRIZE Foundation YouTube Channel.

See More on ZAP Alias Electric Car Blog:

Earth2Tech’s Green Overdrive Visits ZAP Electric Vehicles

August 27, 2010 2 comments
Al Unser Jr. being interviewed at ZAP by Earth2Tech's Katie Fahrenbacher

Al Unser Jr. being interviewed at ZAP by Earth2Tech

A video production team from Earth2Tech Media’s Green Overdrive came out to ZAP on Monday to test drive our latest vehicles and meet ZAP Alias XPRIZE driver Al Unser Junior.  Katie Fehrenbacher and Chris Albrecht also caught up with ZAP CEO Steve Schneider and Founder Gary Starr.

Fehrenbacher acknowledged that ZAP is one of the oldest electric vehicle companies out there and asked Starr about ZAP’s initial approach.  Starr said ZAP started in 1994 by focusing on affordable electric vehicles, introducing electric bicycles, scooters, ATVs, trucks, then eventually cars.  During the segment Fehrenbacher has some fun on ZAP’s smallest EV, the wheel motor driven ZAPPY3 electric scooter.

ZAP also presented its new project with China’s Jonway Auto, an all electric SUV project launched a year ago.  Fehrenbacher brought up ZAP’s recent acquisition agreement to acquire a majority share in Jonway Auto with the right to acquire the rest by next year.  They went for a drive at freeway speeds in the ZAP Jonway all electric A380, a test drive eerily reminiscent of a video taken in December 2009.  Fehrenbacher asked how fast the electric SUV goes and ZAP engineer Joe Rajakaruna pointed out that they have never focused on top speeds, because for ZAP’s target market the focus is to comfortably travel freeway speeds, and indeed at minute 2:30 in the video Fehrenbacher estimates they easily reach 60 MPH.  The ZAP Jonway electric A380 is the official electric vehicle of the U.S. Pavilion at the World Fair in Shanghai.

Steve Schneider, Chief Executive Officer of ZAP

Steve Schneider

Later Fehrenbacher caught up with CEO Steve Schneider, touching on media reports critical of ZAP’s “failures” in delivering electric vehicles, a question that completely ignores the fact that ZAP has delivered over 117,000 of a broad range of electric vehicles from bikes, to scooters, to trucks.

Q: Katie Fehrenbacher: You talk a little bit about being misconstrued as a marketing company and a little bit about some of ZAP’s failures – SS: Mis-categorized — in being able to scale up manufacturing wise and I think there’s been a variety of dates missed on commercial productions that’s been widely reported…”

A: Steve Schneider: And I don’t think if you looked at any other auto manufacturer that is introducing a vehicle, that the dates that we targeted, (and we’re not a manufacturer; we had the contracts but we had third parties to deal with besides ourselves, but I don’t think you could come up with a manufacturer that hasn’t come out with a product that has missed their target date and had control of their manufacturing), we never had control of our manufacturing, so we always gave the target dates that our contract manufacturers had given to us.  And so, because of those things and missing those target dates, we focused very heavily in the last 18 months to have our own manufacturing capacity so that we can control that.  We still might miss a target date like everyone else, but at least we’re in control of it, we were not in control of it before.

Despite the inquiry on ZAP’s ability to deliver electric vehicles, there is no mention in Green Overdrive’s video of its most popular EV currently, the ZAP XL electric truck.  ZAP recently sold a small fleet of electric trucks to the City of Riverside.  Likewise, there was no mention of ZAP’s engineering contract with the U.S. Postal Service to convert one of its Long Life Vehicles to run on electricity. Obviously there is much more going on at ZAP than you can cover in a 5 minute video.  You can watch a 30 minute tour of ZAP by Steve Schneider on YouTube that covers the XL truck and USPS contract.

Al Unser Jr. with the ZAP Alias electric car

Al Unser Jr. with the ZAP Alias electric car

Finally, Fehrenbacher interviewed Al Unser Jr., two-time winner of the Indy 500 and co-driver for the ZAP Alias team entered in the Progressive Insurance Automotive X PRIZE.

Katie Fehrenbacher: So you’re doing this partly for environmental reasons, becoming a do-gooder after a lifetime of driving race cars.

Al Unser Jr.: I’m doing this mainly to develop the automobile in the area of alternative fuels and getting away from the addiction to the petroleum products.

KF: What do you think of it compared to a gas based car?

AU: I loved it , the major difference first and foremost is how quiet it is; there’s just no sound coming out of it. And it’s instant power, I noticed that the torque is very high on it, when you drive the car, it drives just like a regular car, except again for how quiet it is, it’s just super quiet.

KF: You think that’s a good thing, you don’t miss the big, booming engines?

AU: Not at all.

Learn more about the ZAP Alias Team entered in the Progressive Insurance Automotive X PRIZE on their Team Blog.

See more at Earth2Tech’s Green Overdrive.

KCBS Radio Interview with ZAP Founder Gary Starr on 100 MPGe XPRIZE

August 10, 2010 Leave a comment

SANTA ROSA, Calif. (KCBS) _ Santa Rosa-based ZAP, which specializes in electric scooters, bikes and trucks, has reached the finals of the Progressive Automotive X Prize competition.

ZAP Alias XPRIZE Team Leader and ZAP Founder Gary Starr

At stake is not only international recognition, but also a share of a $10 million prize.

The contest began with 136 super-fuel efficient vehicles from 111 teams, all trying to achieve 100 miles per gallon with a production-ready car.

Recorded Radio Broadcast — Click to listen

ZAP founder Gary Starr said their car, the three-wheeled Alias is 100 percent electric.

“This vehicle is very fast at acceleration. It was one of the fastest vehicles at the entire race,” said Starr. “Yet it’s very comfortable and quiet because it’s all electric.”

The teams included emerging startups, entrepreneurs and universities from around the world.

Starr said the competition is now in the final technical testing stage.

“There’s a validation process that includes going into various testing grounds,” he said. “Then they’re going to announce the final winners in September in Washington D.C.”

Starr said they have already proven they have a pretty interesting car that’s ready for the marketplace and in September, if the Alias wins the competition, he said it would just be the icing on the cake.

ZAP Alias Among 6 Electric Finalists Remaining in X PRIZE

August 4, 2010 Leave a comment

The Wave II Passed the ZAP Alias Midway through the Final X PRIZE  Race

The ZAP Alias, the most production-looking and production-ready electric car competing in the Progressive Insurance Automotive X PRIZE, has survived in a competitive, international field of 115 teams and 136 vehicles down to the final six electric vehicles remaining in the competition. Now it moves onto dynamometer testing at Argonne National Labs with the remaining 9 vehicles to validate the final efficiency numbers and declare a winner.

Aptera in the X PRIZE Charging Tent before the final  race

The ZAP Alias is in the most competitive class of the X PRIZE, the Alternative Side-by-Side category with two-seats in a side-by-side configuration.  Other classes are Tandem seating for two and Mainstream for four.  From the $10 Million purse contributed by Progressive Insurance, the two Alternative Classes are competing for $2.5 million each with the Mainstream Class for $5 million. Monotracer and Edison2, each with two vehicles, are the last teams in their classes, while the 5-team Alternative Side-by-Side Class is a dogfight to the finish.

One of the most dramatic moments of the X PRIZE was a 100 MPGe “race” that Edison2 team leader Oliver Kuttner dubbed “The Race of the Century.” A time trial with five futuristic cars was held at Michigan International Speedway on Tuesday, July 27, 2010 as a tie-breaker in case more than one finished over 100+ MPG or energy equivalent.  Competitors included our own ZAP Alias, the well-known Aptera 2e, the quirky, slippery Wave II from North Carolina, the powerful, expensive RaceAbout from Finland, and the tiny, minimalist TW4XP from Germany.

Read More at the ZAP Alias Electric Car Blog:

30min Video Tour of ZAP in Santa Rosa, California with CEO Steve Schneider

July 18, 2010 2 comments

A delegation of Japanese business people came to ZAP in early June from Usami Co., a chain of gas stations throughout Japan. This is part 1 of a 3 part series about what’s happening at ZAP with special clips of the Volkswagen, Worldcar, Smart Car, Sam Cree and Xebra with shots of our CEO talking about his background and how he joined up with ZAP. The tour includes our dealer showroom in downtown Santa Rosa. Thankz for watching!

Samyang Optics Takes Delivery of First ZAP Jonway Electric SUV for Korea Taxi, Fleet Market

July 14, 2010 2 comments

ZAP Electric Taxi Answers Korea EV Challenge

Samyang Optics took delivery of the first ZAP Jonway electric SUV.

SEOUL, South Korea, July 14, 2010  — Electric vehicle pioneer ZAP (OTC Bulletin Board:ZAAP.obNews) and Zhejiang Jonway Automobile Co. Ltd. delivered the first electric taxi produced through their China venture, ZAP Jonway, to Korean distribution partner Samyang Optics (Kospi: 008080.KSE).  Several new ZAP electric vehicles will be on display at the automotive engineering technology expo EV KOREA July 14-16, 2010 at the Coex exhibition center in Seoul.

Samyang Optics and ZAP Jonway will showcase new electric vehicles (EVs) they are planning for Korea. The ZAP Taxi will be on display, an electric SUV based on the Jonway A380 with an electric drivetrain designed and integrated by ZAP. The Alias will be on display, a futuristic-looking electric car designed by ZAP and finalist for the Progressive Insurance Automotive X PRIZE, a competition of 100MPG or energy equivalent vehicles with the final taking place July 19-29.  ZAPPY3 personal electric transporters will be scooting around the exhibit.

Samyang Optics and ZAP Jonway have formed a business venture to distribute electric vehicles in Korea as part of the government’s push to commercialize EVs and capture 10 percent of the global market for zero-emission plug-in cars by 2015 with the target of having all-electric vehicles comprise 10 percent of domestic sales of small-size cars by 2020.

Samyang Optics and ZAP Jonway are the official sponsors of EV KOREA, with support from the Korean Ministry of Knowledge Economy, Presidential Committee on Green Growth, Seoul Metropolitan Government, Korea Transport Institute, Electronics and Telecommunications Research Institute, Korea Electronics Technology Institute Korea, Automotive Research Institute, Korea Electric Vehicle Industry Association and others.

EV KOREA was created to harness the growing interest in electric vehicles by bringing together all the key players in the global EV market.  The event is being held concurrently with the New & Renewable Energy and Battery Expo 2010, to create more synergies and maximize business.  EV Korea expects over 100 exhibitors and up to 25,000 attendees.  More information is available at http://www.evkorea.kr.

ZAP is one of the world’s oldest and most experienced electric vehicle providers, having delivered over 117,000 of a broad range of electric vehicles to more than 75 countries since 1994. Additional information is available at http://www.zapworld.com.

Safe Harbor Statement

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP’s periodic reports filed with the Securities and Exchange Commission.

Contact:

ZAP USA
Alex Campbell
707-525-8658 x 241
acampbell@zapworld.com

USA Media
Pat Meier-Johnson
+1 415-717-9677
patmeier@patmeier.com

International Media
Ron Theis
+1 248-644-3330
rlt@theis.com

Cathaya Invests $11 Million in ZAP for Jonway Acquisition

July 13, 2010 Leave a comment

SANTA ROSA, California (July 12, 2010) – Cathaya Capital, L.P. is investing US$11 million in ZAP (OTC BB: ZAAP) to finance the 51 percent majority interest acquisition of Zhejiang Jonway Automobile Co. Ltd. upon final closing of the transaction. The new company combines ZAP’s 15 years electric vehicle experience with Jonway’s ISO 9000 quality auto manufacturing capabilities to accelerate electric car production while opening new markets in China’s growing auto industry.

Dr. Priscilla M. Lu, the Chairman of the Board for ZAP

ZAP Board Chair, Dr. Priscilla M. Lu

Cathaya invested in ZAP last year with the objective of realizing this opportunity.  Since then ZAP has been focused on developing electric vehicle (EV) products for the partnership with Jonway, and also in finalizing this acquisition. Cathaya Capital is a cross border fund aimed at accelerating growth opportunities in China by combining international companies with technologies or global market presence to enhance the competitive edge of high growth potential Chinese companies. It is founded and managed by Dr. Priscilla Lu, a 30-year international technology and manufacturing veteran who now serves as Chairman of the Board of ZAP.

“Together these two companies with their complementary strengths form a new company reinforced by EV technology, mass production manufacturing skills, a strong sales presence in China, and access to international markets,” said Dr. Priscilla Lu. “The new team is focused on delivering revenues and profits while expanding international market presence with quality products aimed at addressing new market demands for alternative energy vehicles. We are pleased with China’s commitment to reduce pollution and the incentives being put in place that encourage adoption of EVs.  With our new company ZAP Jonway, we are well positioned to address this stimulated market.”

China has resolved to continue the retooling of China’s industries to reduce pollution, according to a July 4 New York Times article. China’s goal is to reduce carbon emissions by 40 to 45 percent in 2020 compared with 2005.  China’s rapidly growing economy has ambitious plans to control pollution and invest in energy efficient technologies like EVs.

About Cathaya Capital, L.P.
Cathaya Capital, L.P. is a cross border fund focused on investing in technology based growth opportunities in China by combining international companies that bring technologies or could give global market presence to high growth potential Chinese companies. The fund works with the ventures to leverage complementary strengths to create global companies with market strengths in China, matching international companies with technology or global market access.

Forward-Looking Statement
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.

Contact:

ZAP USA
Alex Campbell
707-525-8658 x 241
acampbell@zapworld.com

USA Media
Pat Meier-Johnson
+1 415-717-9677
patmeier@patmeier.com

ZAP China
Jessica Gao
+86 13511038395
juan.gao@zapworld.com

Corporate
Alex Wang
+86 13968699888
wg@jonway.com

International Media
Ron Theis
+1 248-644-3330
rlt@theis.com

ZAP Acquires Majority Stake in China’s Jonway Auto

July 8, 2010 4 comments

The ZAP Jonway Factory Interior

ZAP Acquired 51% of Jonway Automobile for US$29 Mil, an Agreement to Mass Produces EVs in China

New Company Combines EV Expertise with Mass Auto Manufacturing in China

SANTA ROSA, Calif. and Zhejiang, CHINA—July 8, 2010 (PR Newswire)—

  • Agreement is US$29 Million in Cash for 51 Percent
  • Debt-Free Jonway Boosts ZAP’s Shareholder Value
  • ISO 9000 Certified Modern Factory
  • ZAP Jonway – a New International Automobile Company with Extensive EV Experience
  • 141 Acres, 3.6 Million Sq. Feet Factory Opened in 2009, Capacity of 30,000 Vehicles per Year
  • Jonway 2009: US$40 Million Annual Revenues; Jonway Q1 2010: US$20 Million Revenues
  • 850 Employees Quality, Technology Focused
  • 80 Factory-Direct and Hundreds of Factory Authorized Dealers in China
  • China Auto Manufacturer Meets EU Standards
  • ZAP Jonway EV is Exclusive Provider of EVs for the U.S. Pavilion at
  • Shanghai Expo (World Fair)

ZAP (OTC:BB ZAAP) and Jonway Group today announced they have signed definitive agreements according to which ZAP will acquire 51 percent of Zhejiang Jonway Automobile Co. Ltd. as part of a strategy to capitalize on the growing automotive and electric vehicle (EV) market in China.  ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. According to the terms of the definitive agreements, ZAP will acquire 51% of Jonway Auto for US$29.03 million in cash. The boards of directors for ZAP and Jonway Auto approved and signed the merger agreement on July 2, 2010.

ZAP and Jonway plan to build Electric SUVs in China

Jonway Auto produces thousands of SUVs per year.

Jonway Auto reported annual revenues of approximately US$40 million in 2009 and approximately US$20 million for the first quarter of 2010.  According to the terms of the transaction, Jonway Auto will be debt-free upon the closing of the transaction.

According to the terms of the definitive agreements, ZAP has the right to acquire the remaining 49% of Jonway Auto at the same valuation by March 30, 2011 or at a then current valuation after that date.  ZAP and Jonway intend this transaction to be phase one of a two-phase acquisition, whereby the two companies will combine their complementary expertise, leveraging ZAP’s EV technology and Jonway Auto’s quality ISO 9000 certified mass production capabilities to address the new alternative energy vehicle market. ZAP intends to acquire the remaining 49 percent of Jonway Automobile following completion of the first phase and following final regulatory approval.

The ZAP Jonway merger accelerates cost-effective manufacturing of ZAP’s electric vehicles and gives ZAP access to the Chinese market through Jonway’s distribution channels of more than 80 factory direct dealerships that feed into hundreds of factory authorized dealers.  Jonway’s volume manufacturing capacity gives ZAP a strong manufacturing base with the means of commercializing its innovative EV technologies.

“By combining ZAP’s experienced team of EV engineers with Jonway’s manufacturing capabilities, the combined ZAP Jonway will be able to scale up with the fast-growing worldwide market for affordable electric and fuel-efficient vehicles,” said Steve Schneider, CEO of ZAP Jonway. “The new entity will leverage ZAP’s extensive intellectual property and international market access with Jonway’s current China distribution channels and revenue base, for enhanced shareholder value. The new company creates an integrated worldwide sales and manufacturing operation.”

ZAP Electric Taxi Answers Korea EV Challenge

ZAP has integrated its electric drive train into several prototype ZAP Electric Taxis.

According to Dr. Priscilla Lu, ZAP Board Chair: “As originally planned when I joined ZAP in connection with the Cathaya Funds’ investment in the company, the Jonway transaction was formulated to give ZAP the complementary facilities and automotive manufacturing expertise to position itself as a worldwide EV and automobile manufacturer. Jonway’s management continues to lead and expand its product line of traditional vehicles and will begin to build the production line for ZAP’s EVs in the coming quarters. ZAP will enhance its operations management team to focus on delivering the opportunities at hand.”

Jonway Automobile, with approximately 800 employees, is currently manufacturing approximately 1,000 vehicles per month and has a capacity to produce up to 30,000 vehicles per year at its modern, 3.6 million square foot plant in Sanmen on approximately 141 acres of land.  Focused on quality, Jonway is ISO 9000 and China Compulsory Certification (CCC) certified. Jonway distributes through a nationwide network of auto dealerships in China and distribution partners in Europe and Egypt. Jonway’s 3-door SUV has been CE approved in Italy by its European partner for the European market.

“ZAP’s engineering enables us to expand into the EV market and position our company to be one of the leaders in China’s EV market,” said Alex Wang, CEO of Jonway Automobile. “The ZAP team also brings us international market access and automotive distribution channels for the new models that we are designing, and ZAP will help us meet the required international standards for these new markets.”

Earlier this year, ZAP integrated electric drive systems into several Jonway vehicles through its joint venture ZAP Hangzhou.  These vehicles are now being showcased and used as electric taxis at the Shanghai Expo.  Jonway has also agreed to produce the ZAP Alias electric car, which is now one of the remaining 15 finalists in the Progressive Insurance Automotive X PRIZE competition. ZAP is also one of the five companies selected by the United States Postal Service to engineer and retrofit a gas powered delivery van with a 100 percent electric power train.

Dr. Priscilla Lu added, “The new ZAP Jonway combined company enhances the complementary strengths of each, and uniquely positions the company in the EV market. Jonway Automobile has quality mass production manufacturing as well as access to the Chinese automobile market. ZAP can now apply its in-depth experience in EV technologies and engineering integration know-how to produce a new line of EV models for Jonway Automobile and provide access to worldwide international distribution channels.  Jonway, with physical asset value assessed at around US$60 million in land, buildings and modern manufacturing facilities, is cash flow positive, debt-free, has growing revenues, and offers shareholder value for ZAP. ZAP Jonway has now become a significant automotive manufacturer/distributor worldwide”.

About ZAP

ZAP is one of the world’s oldest and most experienced electric vehicle providers, having delivered over 117,000 of a broad range of electric vehicles to more than 75 countries since 1994. ZAP supplies electric trucks and vans to military, government and corporate fleets and is an innovator of electric motorcycles, scooters and ATVs. The Santa Rosa, California based company offers some of the only electric city-speed cars and trucks in production today and is leveraging its accrued technology know-how in developing a cost effective high-speed electric car called the ZAP Alias. Further information is available at http://www.zapworld.com.

Safe Harbor Statement

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP’s periodic reports filed with the Securities and Exchange Commission.

Contacts:

For ZAP
www.zapworld.com

For Jonway
www.jonwayauto.com

Corporate – Domestic

Alex Campbell
+1 707-525-8658
acampbell@zapworld.com

Corporate – China

Alex Wang
+86 13968699888
wg@jonway.com

Domestic Media
Pat Meier-Johnson
+1 415-717-9677
patmeier@patmeier.com

Corporate – China

Jessica Gao
+86 13511038395
juan.gao@zapworld.com

International Media

Ron Theis
+1 248-644-3330
rlt@theis.com

ZAP Founder Delivers Keynote Speech on Global Electric Car Trends at KOTRA’s Global TransporTech 2010 in Korea

June 10, 2010 Leave a comment
ZAP Alias on display at Auto Show in Korea

The ZAP Alias electric car was on display at Global TransporTech 2010 in Daegu, South Korea

ZAP Displays Electric Taxi, ZAP Alias at Auto Industry Exhibition in Korea with Distribution Partner Samyang Optics

DAEGU, South Korea (June 9, 2010) – Gary Starr, founder of electric vehicle pioneer ZAP (OTC BB: ZAAP), will deliver a keynote speech on global trends in electric vehicles at Global TransporTech 2010, an annual exhibition and conference for the Korean auto industry.  With Korean distribution partner Samyang Optics Co. Ltd. (Kospi: 008080.KSE), ZAP is exhibiting its electric taxi and ZAP Alias prototype electric car at the event being held in Daegu, South Korea.

Gary Starr, Founder of ZAP

Gary Starr

ZAP is participating in the event as a guest of the South Korean Government and the Korea Trade-Investment Promotion Agency (KOTRA). Representatives from KOTRA recently visited ZAP in California to discuss incentives that would support adoption of electric vehicles (EVs) in Korea. Sponsored by KOTRA, Daegu and North Gyeongsang Province, Global TransporTech 2010 is a gathering of the world’s leading automotive and heavy equipment buyers.  For further information, visit its website: http://www.2010transportech.org.

Earlier this year, ZAP formed a partnership with Samyang Optics to distribute its full line of EVs in Korea.  The Korean government has announced plans to offer subsidies, tax benefits and funding allocations for EVs of over 400 billion won (close to US$500 million) managed by Ministry of Knowledge Economy.  Over time, ZAP and Samyang Optics expect to develop an assembly process for EVs in Korea to assist the government in job creation.  The goal is to eventually source and manufacture the parts and EV components in Korea.

Mr. Starr is delivering the keynote address on “Global issues and trends related with environment-friendly future vehicles” in his presentation entitled “EV Markets & Opportunities.”  A prolific EV designer and marketer since 1974, Starr has been involved in the production of over 100,000 of a broad range of EV designs. In 1993 Automotive News named Starr among the top ten authorities in the electric car industry.  Copies of Starr’s presentation are available upon request.

Founded in 1994, ZAP is one of the world’s oldest and most experienced electric vehicle providers. For further information about ZAP, visit its blog at http://zapglobal.wordpress.com or its website at http://www.zapworld.com.

Safe Harbor Statement

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP’s periodic reports filed with the Securities and Exchange Commission.

Global TransporTech 2010 Launch Ceremony

Gary Starr at Global TransporTech 2010

See more images at ZAP Global Photostream on Flickr.

Contacts:

Alex Campbell, ZAP
707-525-8658, x 241
acampbell@zapworld.com

Pat Meier Associates Public Relations, for ZAP
Pat Meier-Johnson, 415-389-1700
patmeier@patmeier.com

AP: Al Unser Jr. ‘Loving’ the ZAP Alias Electric Car in the Progressive Insurance Automotive X PRIZE

June 2, 2010 1 comment
Al Unser Jr. joined the ZAP Alias Team in the Progressive Insurance Automotive X PRIZE

Al Unser Jr. and the ZAP Alias Electric Car


Little Al loving a green-car competition

By John Marshall, AP Sports Writer

Al Unser Jr. has lived a pedal-to-the-floor life, toddling around the pits as his famous father raced around the track, winning his sport’s biggest prize twice himself, becoming a teacher to the next generation of open-wheel stars.

So when he was asked to gear back during the Automotive X-Prize, a competition that’s supposed to be more innovation than acceleration, well, you know what happened.

“I just wanted to see what it could do,” Unser said.

Curiosity is what got Unser behind the wheel in the first place, pairing a man used to high-decibel, low-miles-per-gallon speed machines with a Star-Wars-pod-looking prototype electric car not much louder than a dishwasher.

Turned out to be a perfect match.

It started two years ago, when a friend told Unser about the Zap Alias, a prototype electric car that could hit freeway speeds and had a range of 100 miles.

The two-time Indianapolis 500 winner was intrigued by a drawing of the car and contacted Zap, forming a relationship between one of the fastest drivers in the world and a company at the forefront of alternative-fuel transportation.

So when Zap needed someone to drive the Alias in the Automotive X-Prize, a $10 million competition to develop super fuel-efficient cars, Unser didn’t hesitate.

“I told them I’d love to be a part of it,” he said.

There is a certain irony to Unser’s pairing with an alternative-fuel vehicle.

Read More on Associated Press Article in USA Today:


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