Thursday, July 5, 2007

High Fuel Prices Push Zap Sales

Sales for electric vehicles from ZAP (OTCBB:ZAAP) are taking off faster than predicted. Initial supplies of the ZAPPY3 and Zapino scooters have now sold out and ZAP estimates a 4-week waiting list.

With gas reaching an all-time high in June, ZAP an alternative transportation company based in Santa Rosa, California says interest for all of its electric vehicles have increased beyond their expectations. The Zapino, a new motorbike design introduced last month, sold out in just over two weeks. Likewise, ZAP's ZAPPY3 line of personal electric transporters sold out during one of the busiest buying seasons of the year.

"In order to end our country's addiction to oil and combat global warming, we must focus on real solutions like increasing vehicle fuel efficiency and increasing our use of electric cars," said Schneider.

ZAP is working to create an online advance order system.

About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 90,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. The Company recently launched a new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.

Contact the Zap regional sales representative for further information.

http://www.theautochannel.com/news/2007/07/05/054151.html

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