Archive - Oct 2009

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ZAP Exhibits Its Alias Electric Sports Car in New York City and Competes for Automotive Prize

NEW YORK, NY, October 19, 2009 – ZAP (OTC BB: ZAAP) of Santa Rosa, California, a developer of electric vehicles and electric power systems, is participating in two events this week in New York City to preview the Alias, its new electric sports car. The ZAP Alias is also in competition with other companies’ vehicles for $10 million in prizes as part of the Progressive Insurance Automotive X PRIZE, set up to foster the development of clean, production-capable vehicles that exceed 100 miles per gallon or energy equivalent.