X

ZAP (ZAAP.OB) is at the Forefront of an Emerging Market

It is no secret that America and the rest of the world are heading toward a brick wall with regards to traditionally-powered automobiles. For decades, the idea of electric engines replacing current motor technology seemed far-fetched; but no more.

Since 1994, ZAP has been an industry leader in alternative transportation technologies ranging from hybrid systems to hydrogen, ethanol, and fully-electric vehicle concepts. Their partnerships include a joint venture with Youngman Automotive, China’s leading bus manufacturer which they call Detroit Electric, and design-collaboration with Lotus Engineering.

In 2002, ZAP acquired Voltage Vehicles in a move which proved exponentially beneficial to distribution efforts. Since its inception, ZAP has delivered more than 100,000 vehicles to customers in 75 countries. In a related matter, the company recently announced a strategic partnership with Dubai-based Al Yousuf Group to further expand international distribution.

Voltage Vehicles, ZAP’s wholly-owned distribution subsidiary, has already begun to receive several inquiries from automotive dealerships worldwide interested in offering ZAP vehicles under the Detroit Electric venture set for launch in 2009.

From its innovative engine systems to groundbreaking work in the field of nanotech battery solutions for mobile electronics, ZAP is positioning itself to capitalize on an industry sector that has yet to realize its full potential. In fact, it is conceivable that, in the fledgling market of electronic and hybrid automobile manufacturing, we have only seen the tip of an enormous iceberg.

Let us hear your thoughts below:

Related Post