ZAP (OTCBB: ZAAP)
SANTA ROSA, Calif.–(BUSINESS WIRE)–After a positive response for its XEBRA XERO, electric car pioneer ZAP (OTCBB:ZAAP – News) has designed a solar option for its truck design, a photovoltaic panel that ZAP says can offer short-distance driving on sunlight alone.
ZAP intends to showcase the new XEBRA XERO (pronounced ‘zebra zero’) Truck at its March 23 dealer training as well as some up-coming industry events for automotive fleets. Company officials like to say that ZAP stands for ‘Zero Air Pollution’ and the solar panels on the XEBRA can allow drivers a true ‘Zero Air Pollution’ form of transportation.
“If the XEBRA XERO is exposed to sunlight during the day, and your commute is short, you can get pure solar powered driving,” says ZAP Chairman Gary Starr. “If you want to ensure 100 percent solar generated commuting, you can purchase a larger system that can sit on your rooftop.”
The XEBRA truck has attracted interest from several large fleets, according to ZAP. They call the design a ‘city-car,’ available as a 4-door sedan or 2-passenger truck, good for city-speed driving up to 40 MPH. Starr says the XEBRA Truck with the XERO Solar Panel Option will cost about $12,000. The car recharges normally by plugging into a standard 110 volt outlet for a full charge in up to six hours and a 50 percent charge in 1.5 hours. The ZAP Truck converts into a flatbed or dump-bed that can tilt to allow maximum exposure to the sun.
Starr believes the XEBRA is the first production electric vehicle that incorporates solar power and adds that the main reasons people are choosing alternative fuel transportation are the growing relevance of the environment and the feeling of energy independence. There are also other advantages of using solar panels with your electric car. Studies have shown that solar power charging systems can double the life of batteries. Panels consume no fuel and have no moving parts to wear out. The only maintenance is to occasionally wash for highest performance.
The ZAP XEBRA complies with zero-emission vehicle (ZEV) regulations in the United States. Studies show that electric cars can reduce automotive emissions by more than 90 percent, including emissions from power plants, and CO2 emissions by 10,000 pounds per year.
About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 90,000 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 is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. The Company recently launched a new recharge-it-all technology that provides power for mobile electronics, including cell phones, digital recorders and laptops. For more 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.
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5348698
Contact:
ZAP
Eveline Souza, +1-707-525-8658 ext. 216 (Media)
esouza@zapworld.com
or
Sherri Haskell, +1-707-525-8658 ext. 232 (Investors)
shaskell@zapworld.com
Source: ZAP
View the StockGuru Profile for ZAP:
http://www.stockguru.com/profiles/zaap/
We Invite you to Visit the All New StockGuru Blog!
Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.
Click HERE to visit the Blog, or go to:
http://stockguru.com/blog/
StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. Disclosure: Pentony Enterprises LLC was compensated $25,000 and 85,000 restricted shares directly from the company and 33,500 free trading shares from a non-controlling third party for profile coverage, and expects to receive $12,500. Pentony Enterprises is not a registered investment advisers or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises no longer holds free trading shares.
