EVCast has gotten into the dirt with Zap!, everyone's favorite EV whipping boy. The electric-car podcast hosts started off researching the show with the idea that there's a lot of crap out there that pertains to this particular company and wanted to sort the accusations from the reality.
Just days after the Al-Yousuf Group bought $475,000 of Zap's convertible debt, the president of that group, Eqbal Al Yousuf, was named chairman of Zap. This is not the first time Zap and Al-Yousuf came together: last November, the group (based in the United Arab Emirates) bought $5 million worth of ZAP shares and Eqbal Al-Yousuf has been on ZAP's Board of Directors since December. Al-Yousuf will become Zap's chairman on June 2. According to Zawya, Zap is the only non-UAE company the Al-Yousuf Gr