Trade.Information

Company Name: ZAP (Zero Air Pollution)

Company Type: Manufacturer & Exporter

Company Category: Electric Vehicle

Company Profile

Since 1994 ZAP has been a world leader for electric and advanced technology vehicles, delivering more than 100,000 electric vehicles in more than 75 countries. Whether it's a Xebra Sedan electric car or Xebra Truck, Zapino or Zappy 3 scooter, we can help you go green today with 100% electric and solar-electric hybrid transportation. Also, Recharge your mobile electronics with ZAP's new Recharge-It-All line of battery rechargers. Checkout our ZAP-X and ZAP Alias electric cars that we are developing with Lotus Engineering. The past year marked an important milestone for ZAP. With all the talk about electric cars and the environment over the past year, we are proud to be one of the only companies in the world today with a full line of affordable, production electric vehicles and a sales and service network helping to bring them to communities all over the world. We are particularly proud to be offering our first production electric cars, the XEBRA line of sedans and trucks. The XEBRA truly is an affordable way we can all make a statement in support of the environment.

ZAP filed a lawsuit with DaimlerChrysler, smart GMBH, its president Ulrich Walker and other parties alleging severe misconduct. The lawsuit cites eight different counts, including intentional interference with prospective economic relations, negligent interference, trade libel, defamation, breach of contract to negotiate in good faith, breach of implied covenant of good faith and fair dealing, common law unfair competition, and statutory unfair competition. ZAP is seeking damages in excess of $500 million.

In 2006, ZAP achieved an important milestone that no other car company has ever achieved. ZAP is the first US automotive company that has imported a mass-produced car from Chinese automaker Shandong Jindalu designed for the US market. And the best part is – it's electric. The Xebra sedan and truck are helping ZAP and Schneider build what many are calling the auto dealer network for the future.

Experience with the Xebra and ZAP that the electric car industry is moving at a faster pace than anyone realizes. With that in mind, over the past few years Schneider and ZAP set out to build on its foundation and to bring more automobiles into the company for its long-term growth and to help its marketing and distribution strategy for automotive dealerships. With rising gas prices, more competition surfacing, and the major automakers starting to make noise about getting into alternative fuels, Schneider hit the ground running in late 2006 on a campaign to take ZAP to a new level.

About Company

ZAP stands for Zero Air Pollution®.
With its new product offerings, the Company is positioned to become a leading brand and distribution portal of advanced technology vehicles. ZAP is committed to running its business based on a strong philosophical foundation that supports the environment, social responsibility and profitability.

ZAP's Strategy
ZAP's strategy is to serve the growing and underrepresented consumer that seeks fuel efficient vehicles. With the recent increases in the cost of oil and increasing concern about the environment and the effects of global warming, we believe there is a large and untapped demand in the areas of transportation and consumer products. ZAP believes a similar opportunity is present today, enhanced by heightened environmental awareness, climate changes and economic pressures. ZAP has assembled a complete line of products to meet the growing demands of the environmentally conscious consumer focused on two primary businesses: ZAP Electric Vehicles and ZAP Recharge-It-All. We also conduct certain portions of our business through the following wholly-owned subsidiaries: Voltage Vehicles, ZAPWorld Stores, Inc., ZAP Manufacturing, Inc. and ZAP Rental Outlet.