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Technology Stocks : ZAP - 'Zero Air Pollution' vehicles -- Ignore unavailable to you. Want to Upgrade?


To: Pyle who wrote (130)4/27/2006 3:17:21 AM
From: SaphionLithium  Read Replies (1) | Respond to of 201
 
Smart Car Rally ZAPs Gas Prices from NY to California

California automotive pioneer in national spotlight as gas prices climb

Automotive pioneer ZAP announced today that with the completion of the New York International Auto Show, a rally for the new Smart Car Americanized by ZAP is headed back to California to highlight a solution to record gas prices.

Self-serve regular averaged $2.91 a gallon on Monday, up from $2.67 two weeks ago, according to the Lundberg Survey. ZAP is rallying with the Smart Car to raise awareness about micro-cars and advanced technology vehicles that can help reduce gas consumption. The publicly owned Company has grabbed national headlines with its business plan to establish a nationwide portal, brand and distribution network to target the growing niche for new fuel-efficient transportation technologies.

"It looks like ZAP has hit the sweet spot with all the changes happening in the auto industry," said CEO Steve Schneider. "ZAP was founded more than a decade ago with the vision to find solutions to high gas prices. Today, with exclusive distribution for the only micro-car in the United States during record gas prices, this vision has become a reality."

A 26-year veteran of the auto industry, Schneider was a guest Friday on CNBC's "Closing Bell with Maria Bartiromo," a nationally televised news program covering the last 60 minutes of trading on Wall Street. Streaming video of Schneider interviewed by one of Wall Street's most respective journalists is now available at zapworld.com.

The rally started on April 4 at ZAP Headquarters in Northern California and reached its mid-point at the New York International Auto Show, April 14-23. The rally will follow a Northern route on its journey back across the USA to California. Follow the rally's progress with a tentative route and schedule on the ZAPblog at URL zapworld.com.

The Smart Car Americanized for ZAP -- the most fuel-efficient all-gas turbo in the country -- has received the regulatory green light through its registered importer to allow for the distribution of the Smart ForTwo Coupe and Cabriolet in the USA. ZAP is commencing auto sales through authorized and licensed ZAP dealers throughout the country while seeking a select group of dealers to expand its business plan marketing micro-cars. In addition to the gas-powered Smart Cars, ZAP is also developing other cars with advanced technologies, including electric cars and other technologies.