Santa Rosa, California – Electric vehicle company ZAP has completed an engineering project to develop a four-wheel electric pickup with the majority of its parts and components supplied by U.S. companies.
The initiative is in line with the company’s ongoing efforts to restructure its operations to focus on U.S. production, particularly with electric trucks. The company recently announced its intention to manufacture a three-wheeled highway-capable electric car, the Alias, in the U.S. In March, the government announced US$2.4 billion in federal stimulus funds specifically earmarked for the creation of next-generation, plug-in hybrid electric vehicles and advanced battery components, with renewed emphasis on the purchase of alternative fuel vehicles manufactured and build in the United States.
“Although the larger automakers are looking into electric vehicles and have even published release dates, ZAP is one of the only companies that has experience building low-cost fleet vehicles,” said CEO Steve Schneider. “We are assembling a roster of suppliers that can enable ZAP to grow in the future, including one partner that builds more than 400,000 vehicles per year. Through our affiliate partner, ZAP Motor Manufacturing Kentucky, we hope to have a U.S.A. base that can build large quantities of ‘Made in USA’ vehicles for fleet and consumer applications.”
Earlier this year, ZAP Motor Manufacturing Kentucky applied to the Department of Energy (DOE) for a $160 million loan application. The company expects to build the vehicles in Kentucky pending funding from the DOE.
Earlier this year, ZAP Motor Manufacturing Kentucky (ZMMK), based in Franklin, Kentucky, applied to the Department of Energy for a $160 million loan application. The DOE has made $25 billion in loans available to qualified carmakers and suppliers building advanced technology vehicles in the US. ZMMK President Gary Dodd expects to build the vehicles in Kentucky pending funding from the DOE.
ZAP has delivered over 100,000 vehicles to consumers in more than 75 countries since 1994.