Thursday, March 20, 2008

Great new initiatives from ZAP

In an interview with a news channel CEO of ZAP, Steve Schneider spoke about the present business of ZAP and future plans as well:

"ZAP has amazing staying power," said CEO Steve Schneider.

Schneider told CEONEWS.Tv that ZAP is selling one of the only full-performance electric vehicles in production today and how it now has more than 50 dealerships in the United States. Schneider said that contracts with companies like Coca-Cola, UPS and Domino's are helping the Xebra expand the fleet niche for electric vehicles.

He went on to outline future plans for ZAP saying that ZAP is and will be 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 has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops.

The new Alias, takes electric vehicles to a new level since it will be a viable vehicle for longer distances and no one can deny its great looks. Exciting times ahead for ZAP!

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