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The world desperately needs vehicles with alternative powertrains, such as battery electrics. The potential to make a killing in the business is huge, as is the potential to lose everything. The auto industry - as anyone who has ever gotten involved in it knows - is hugely capital intensive so investors are needed. However, people tend to be unwilling to put large quantities of cash unless they see a potential return. In any new business arena there are startups who fail without drawing much att
Zap's CEO Steve Schneider did a very interesting audio interview with CEONEWS.Tv recently where he talked about the Zap-X, the Zap-Coke deal and the future of the company. On Zap-X, Schneider says Chinese automaker Youngman owns 51 percent stake in the Detroit Electric joint venture, while Zap owns 49 percent in the company. Schneider explains Detroit Electric will sell higher speed electric vehicles while Zap continues to sell the lower speed vehicles. Schneider says the Youngman relationship i
Recently, I wrote a post that talked about Volvo's statement that they were working exclusively with PML (a company that makes in-wheel electric motors). I found this concerning because I thought PML was working with Zap on the Zap-X, a Lotus-designed, affordable, normal-looking electric car. I contacted Zap Communication's Alex Campbell, who checked with Zap's CEO Steve Schneider about Volvo's statements. Zap says they are in a relationship with PML but only on three-wheeled vehicles. As for fo
In an interview, Ichiro Sugioka, project leader of Volvo's Recharge electric car concept, says PML FlightLink is "currently working exclusively for us." If that was not clear enough, Ichiro adds "all their efforts is going into our projects." The interviewer presses for more information, even mentioning PML's relationship with Lotus, but Ichiro is very clear. You can see this exchange three minutes into the video below the fold.
Recently, I wrote that the Zap-X could be "months" away from mass production. No one shared my enthusiasm because the estimate included an indeterminately long "testing" period. I contacted Zap and they said the "situation is evolving very quickly because Youngman is already a very large manufacturing company with plans to move into automobiles" unlike, say, Tesla. Zap says the "ZAP-X is on the agenda" but "timetable projections will not be confirmed until the JV (joint venture) business plans b
The product of the Zap-Lotus agreement, the Zap-X, a normal looking, electric, four door sedan, just might be "months" away from mass production. China.org.cn is reporting China's Youngman Automotive Group, the guys making the car for Zap, said they could deliver a test car to Zap by the end of this year and after testing by Zap, the sedan could go into mass production as little as two months later. Here is the quote:
Zap is starting to trickle out some more information on their latest announced but as yet invisible project, the Alias. They first announced their intention to develop this new three-wheeler a couple of months ago and indicated that they would provide more details at their July shareholder meeting. Alas the only information that came out at that time was the name.
Update: AutoblogGreen is not endorsing any of the companies in the article linked to below. The point of this post is to point out that there are many companies who are hoping to get a piece of the green automotive pie.
var digg_url = 'http://digg.com/hardware/Zap_releases_details_and_sketches_of_their_644hp_ZAP_X_electric_CUV'; Will Tesla soon have competition in the electric supercar market from Zap? They just might, if you believe the almost unbelievable statistics Zap! is claiming in their press release (a really big if). Information at this point leads us to believe that Zap!, like fellow electric carmaker Phoenix, will be using batteries purchased from Altairnano. Claims from Zap! indicate that their v