April 19, 2007

ZAP receives its largest order for consumer electric vehicles

Santa Rosa, California – Electric car manufacturer ZAP has received a US$79 million order from the Chicago-based Electric Vehicle Company (EVC) for electric cars, trucks and other vehicles. EVC will focus on sales of electric vehicles to municipalities, university campuses, auto and recreational dealers, foreign countries and the military, and says it has a goal of developing the first retail chain committed to the sale of all-electric vehicles.

“We believe this order, which constitutes thousands of vehicles, is the largest order for consumer electric vehicles in history,” says Steve Schneider, CEO of ZAP. “Many municipalities have been talking recently about mitigating greenhouse gas emissions, so we are grateful to be involved in this historic effort.”

ZAP, the only full-line electric vehicle company in the U.S., recently made news with its XEBRA, the first vehicle designed for the U.S. market by a Chinese automobile manufacturer, and its announcement of a business plan to create a new generation of high-performance electric vehicles designed by Lotus Engineering.

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