Zap CEO talks and talks about Zap-X, Alias, Coke deal, and more
On the recent deal with Coke (Coca-Cola is using thirty of Zap's compact trucks in Montevideo, Uruguay) Schneider says it was spawned from the UPS deal. Schneider explains the UPS deal came from one brave UPS rep that "risked his career" to use Zap trucks and a tractor trailers hub model. The hub model showed bottom line savings for the company and what do you think happened to that UPS rep? He was promoted to a much "larger capacity" position at the San Fran UPS branch! "Quite a few" companies (Schneider won't give out names) have contacted Zap, looking to repeat the model, since that brave UPS rep started the ball rolling.
Schneider also talked about a trip to Dubai and said the Middle East is more interested in electric cars than you might expect. Schneider was asked about the Daimler lawsuit and while he could did not say much, he did say Zap's lawyers tell him it should be settled in three months. Things are changing like the climate Schneider jokes and "the market is finally catching up (after 14 years) to what ZAP has been preaching." Schneider expects Zap to have 100 dealers by the end of this year, up from 56 at a recent meeting. AutoblogGreen is not a stock investing website but we have to admit we are really impressed by this interview and Zap's CEO Steve Schneider responses. He talks a good game, at least.
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