March 17, 2008 07:00 ET

Electric Car CEO Says Market Change Is Good for ZAP (OTC BB: ZAAP)

ZAP CEO Steve Schneider Featured on www.CEONEWS.Tv

NEW YORK, NY--(Marketwire - March 17, 2008) - ZAP (OTCBB: ZAAP) electric car CEO Steve Schneider said, "The market is finally catching up to what ZAP has been preaching," in an online interview with www.CEONEWS.Tv.

Schneider discussed the Company's future plans with CEONEWS.Tv, including plans to make freeway capable electric cars through a joint venture called Detroit Electric with China Youngman, one of China's largest vehicle manufacturers.

A 30-year veteran of the auto industry, Schneider talked about ZAP's strategy of setting up auto dealers and also touched on the recent challenges faced by ZAP, but said that one of ZAP's strengths is its resiliency.

"ZAP has amazing staying power," said CEO Steve Schneider.

Schneider told CEONEWS.Tv that ZAP is selling one of the only full-performance electric vehicles in production today and how it now has more than 50 dealerships in the United States. Schneider said that contracts with companies like Coca-Cola, UPS and Domino's are helping the Xebra expand the fleet niche for electric vehicles.

Hear ZAP CEO Steve Schneider's interview with CEONEWS.Tv online now at

CEONEWS.Tv is an online news provider that brings investors current news on the market of companies from the Pinksheets, Bulletin Boards, NASDAQ, AMEX, NYSE and TSX. Through daily interviews, CEONEWS.Tv bring you up to date information on up and coming and established companies and informs investors of the newest opportunities within the market. CEONEWS.Tv offers one-on-one interviews with the CEOs, CFOs, COOs, Presidents, Board Members and other Key Executives of profiled companies to deliver answers to the questions that investors ask and provides them with insight into the companies' present condition and future plans.

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit

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 upon 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.

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