ZAP CEO Says Chinese Partners Can Import 'Thousands' of Electric Cars

SANTA ROSA, Calif., Nov. 4, 2003 -- In an interview with MoneyTV, Steve Schneider, CEO for electric car company ZAP (BULLETIN BOARD: ZAPZ) , said its manufacturing partners in China have the ability to import thousands of unit to North America.

In October Schneider was interviewed by MoneyTV on location at the American Stock Exchange in New York City. MoneyTV is a nationally syndicated television program featuring interviews with CEOs, insights into their operations and outlooks for their futures. The interview is available http://www.emergingcompany.com/volume7week36.htm .

Schneider has been meeting with auto dealers and large fleet customers in various parts of the country to accelerate ZAP's electric car sales. In particular, Schneider says ZAP's manufacturing partners for the electric cars in China and have the ability to import thousands of units into North America by next year. He added that the base models are priced under $10,000 and include features and options that surpass the expectations of many American consumers-power windows, power door locks, CD players, air-conditioning, computer controlled instrumentation, tilt steering wheel, deluxe interior, alloy wheels, tinted windows

ZAP introduced the new electric cars in September at the Michelin Challenge Bibendum in Sonoma, California, where the car received the highest scores in five performance criteria. While the event hosted advanced transportation technologies from automotive groups around the world, Schneider says that ZAP had the only production electric automobile available for sale.

ZAP is working to establish a distribution network for advanced transportation. The company markets a variety of electric vehicles and hold distribution contracts for advanced transportation technologies from manufacturers in North America, Asia and Europe. To order the new ZAP electric cars or to become a ZAP dealer, visit http://www.zapworld.com/ or call 707-525-8658.