First Four-Door Electric Car Approved for UK From ZAP
Posted November 20th, 2007 by zapworld
LONDON -- November 20, 2007 -- A new four-dour electric car design from ZAP (OTC BB:ZAAP.OB - News) called the Xebra® has passed Vehicle and Operator Services Agency (VOSA) inspection, allowing it to be driven on roads in the United Kingdom.
Electric car pioneer ZAP announced that the 100 percent electric Xebra sedan passed Vehicle and Operator Services Agency (VOSA) inspection, allowing the car to be driven on roads in the United Kingdom.
VOSA provides a range of licensing, testing and services enforcing the roadworthiness standards of vehicles in the UK. VOSA approval means the vehicle complies with full road traffic standards set for UK cars.
"With its congestion toll zone, London has become the world's great proving ground for the electric car," said ZAP CEO Steve Schneider. "Here is a unique electric vehicle that will help drivers save significantly on fuel costs as well as free passes for the daily congestion tolls and parking. We believe the Xebra is the first four-door electric vehicle to pass the VOSA test."
Schneider noted the Xebra is also available in a truck configuration. ZAP designed the Xebra to quickly and affordably fill the demand for cars that don't use conventional fossil fuels. ZAP calls the Xebra a "city-car," a unique vehicle for city-speed driving up to 40 MPH (64.4 KPH). The sedan and pickup truck versions can recharge at any normal household outlet.
ZAP recently appointed UK-national and former Lotus Engineering CEO Albert Lam to its Board of Directors. Mr. Lam is the Chairman for ZAP's new joint venture to manufacture next-generation electric and hybrid vehicles with Youngman Automotive Group, one of China's leading bus manufacturers.
Based in Santa Rosa, California, ZAP is now expanding distribution for the Xebra and other electric vehicles worldwide. The Xebra is targeted towards government, corporate and utility fleet use as well as daily urban commuting for multi-car families and is now available at a price of just over US$10,000.
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.