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ZAP Introduces All Electric City Car at New York International Auto Show, April 14-23 New production electric car testing lithium and other advanced battery systems. NEW YORK, New York (PRWEB) April 12, 2006 -- Automotive pioneer ZAP (NYSE Arca:ZP and PCX:ZP) announced today that it will introduce the nation’s only production all-electric car at the New York International Auto Show, which runs from April 14-23 at The Jacob K. Javits Center in Manhattan, New York.
ZAP has entered into a manufacturing contract with a Chinese automaker to produce a unique car aimed at filling the need for a gas-free, all-electric cars that are practical and affordable. ZAP Chairman Gary Starr says that the XEBRA project is the offspring of more than three decades of thought and evolution in electric transportation and has been designed to meet the needs of today’s drivers.
“We designed the XEBRA to be unlike anything else on the market,” said Starr. “The use and purpose of electric vehicles is different than gas cars, so the wheel did need to be invented.”
ZAP calls the new XEBRA a ‘City Car,’ a unique design suitable for urban, non-freeway driving. The car is ideal for households that want a fun, inexpensive vehicle for running errands around the city or for municipal and corporate fleet use. Unlike the hybrids currently on the market in the U.S., the ZAP car needs no gas at all—just plug into any conventional outlet.
ZAP and its dealers are now taking advance orders on the new vehicle. Dealers and consumers can schedule test rides by visiting the ZAP Booth, Number D, at the New York International Auto Show. For show times and ticket information, visit http://www.autoshowny.com. For information and test rides on the XEBRA, visit http://www.zapworld.com.
About ZAP
ZAP, Zero Air Pollution®, has been a leader in advanced transportation technologies since 1994, delivering over 90,000 vehicles to consumers in more than 75 countries. For more information, visit http://www.zapworld.com.
Cautionary Statement
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP Jennifer Zimmons, 212-838-1444 (Investor Relations)
Eveline Souza, 707-525-8658 ext. 216 (Media Relations)
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