ZAP Electric Car Offers Zero Fuel Costs for One Year
(Market Wire Via Thomson Dialog NewsEdge) SANTA ROSA, CA, January 7 / MARKET WIRE/ --
Electric car pioneer ZAP (OTCBB: ZAAP)
announced today that it is offering free electricity to charge your
electric car for one year.
When you reserve a Xebra electric sedan or pickup online at
http://www.zapworld.com you will get a free Kill-A-Watt Smart Power Meter
and free electricity for one year.
"We know that our Xebras can save consumers money on fuel costs, so we
wanted to prove it," said ZAP Chairman Gary Starr.
Customers participating in this program would have zero fuel costs for one
year. The program is good for any order through Valentine's Day, February
14, 2008. For more details, visit
Starr says that the Xebra is the offspring of more than three decades of
thought and evolution in electric transportation. The Xebra is a unique
vehicle aimed at filling the need for a gas-free, all-electric car that is
practical and affordable. ZAP created the Xebra electric vehicle through a
strategic partnership with a Chinese automaker. It is one of only a few
street-legal electric vehicles in mass-production today that can travel
faster than 25 MPH.
ZAP calls the Xebra a 'City Car,' a unique design suitable for urban,
non-freeway driving. The car is ideal for households that want a fun,
inexpensive vehicle for running errands around the city or for municipal
and corporate fleet use. Unlike the hybrids currently on the market in the
U.S., the ZAP car needs no gas at all; just plug into any conventional
outlet, 110 or 220 volts.
ZAP says customers all over the country have fallen in love with gas-free
-- Aspen, Colorado -- "This is the perfect vehicle for the constant short
trips my employees and I need to make in the area," said Liz Shapiro, owner
of Above & Beyond Concierge service.
-- Elkhart, Indiana -- Jon Faux said he squeezed over 50 miles of range
out of his Xebra and loves the money he saves on gas. "The research I've
conducted on my electric rates reveals that I'm getting the cost equivalent
of about 600 miles to the gallon."
-- Olympia, Washington -- "I love my ZAP! I had a chance to show if off
during a couple events and Show & Tell at a couple schools. I'd love to
see more of these on the streets," says Dee Williams.
-- Long Island, New York -- "I love my Xebra Sedan and use it as my
'station car' to commute from my home to the train station for my train to
the city every day. I used to drive a Ford Think and loved it until they
recalled it. Ever since then I've been searching for a production electric
and am so pleased I found the Xebra Sedan," said Barry R.
-- Salem, Oregon -- Les and his wife are teachers and bought a Xebra for
their 16-year-old daughter. "She's in love with her car and we are happy
knowing that she can safely drive around our city, but won't be speeding up
and down the freeway," says Les. "However, the Xebra's speed and range
limitations really aren't limiting at all. She can get to the mall, movie
theater, after-school activities, and music lessons easily." Daughter: "My
favorite thing about my car is that I never have to ask my parents for gas
-- Dawson Springs, Kentucky -- Jim Seibert, owner of Tri-County
Refrigeration said: "It's the cheapest thing I've ever seen. I LOVE
IT!!!!!!!!!!!! I mean c'mon? I paid a little over $10,000 (that ain't
much). I have put 1000 miles on it in a little over a month. It's perfect
for local service calls."
ZAP says part of the excitement is that Xebra customers represent a new
wave of environmental advocacy. They don't only buy the cars to drive
around in, but to make a statement and use it as a vehicle for change.
Steve Isom at http://www.EVCarolina.com helped introduce a new state law in
South Carolina that provides a tax credit for electric cars. Joe Lambrix
of Olympia, Washington has started his own non-profit
http://pluginolympia.com helping businesses install free charging stations
for electric cars around town.
ZAP says that a majority of its first customers have been consumers, but as
more businesses, government and corporate fleets learn about the vehicle,
they have been approaching ZAP. Recently UPS leased a fleet of 42 Xebras
to help with their peak holiday small parcel deliveries. The City of
Richmond, California was the first city to use Xebra trucks in its fleet.
ZAP has been a leader in advanced transportation technologies since 1994,
delivering over 100,000 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 has a joint venture
to manufacture electric and hybrid vehicles with Youngman Automotive Group,
one of China's leading manufacturers of buses and trucks. ZAP is developing
a high-performance crossover SUV electric car concept called ZAP-X
engineered by 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. For
product, dealer and investor information, visit http://www.zapworld.com.
Forward-looking statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
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.
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