Digital50: ZAP Receives $1 Million Initial Electric Car & Scooter Order

Tue, Aug 21, 2007

Uncategorized


(the girl looks hip, but I think the dude put the plug in the wrong socket here)

This is great news for ZAP! In an effort to “build awareness”, Canada is planning to import a bunch of electrics in time for the Olympics. Pluggy would be pleased.

Here’s a bit from the press release (you can click on the title link to read the whole thing):

SANTA ROSA, Calif. & VANCOUVER, British Columbia-(Business Wire)

-August 21, 2007 -
Electric Vehicle pioneer ZAP (OTCBB:ZAAP) and New Fuel Systems Inc. today announced they have signed a distribution agreement for Canada, sparked in part by Canada’s commitment to reduce greenhouse gases under the Kyoto Protocol.

Under the agreement, New Fuel Systems Inc. has agreed to the initial purchase of $1 million ($1,000,000) worth of ZAP electric vehicles, including ZAP electric cars, trucks, mopeds, scooters and other electric vehicles. New Fuel Systems plans to open retail locations throughout Canada and showcase electric transportation during the 2010 Winter Olympics being planned for Whistler, British Columbia.

, ,

3 Responses to “Digital50: ZAP Receives $1 Million Initial Electric Car & Scooter Order”

  1. Greyclam Says:

    Maybe Zap will improve the performance of their offerings. A top speed of 30kph is slower than a bicycle (something 1/3 of Whistler residents use year-round).

    Reply

  2. Blue Mark Says:

    Top speed is 30 MPH not kph. Still pretty slow.

    Reply

  3. Jay Says:

    Good show Canada!

    Reply

Leave a Reply to Jay