SOURCE: ZAP

ZAP

June 16, 2009 09:00 ET

ZAP Shipping Electric Trucks to US Military

Corporate Fleet Business on Upswing as Well

SANTA ROSA, CA--(Marketwire - June 16, 2009) - Electric vehicle pioneer ZAP (OTCBB: ZAAP) confirmed today they have begun shipping their Zaptruck XLs, a versatile 100% plug-in electric LSV, to several US military bases in the US and in international locations.

According to Amos Kazzaz, ZAP's Chief Operating Officer in charge of production, "Our Zaptruck XL has captured a significant market share in what is becoming a high demand/high growth segment of the EV marketplace. These orders and continued strong dealer demand have resulted in our ramping up higher production which is a manageable and nice problem to deal with."

ZAP recently announced the addition of enclosed and weatherproof box options for the XL featuring full length side doors with tinted windows, discrete tool bins, space-saving roll-up doors and a top-mounted utility rack.

"These new box options for the XL are fabricated in the US and installed in our assembly plant in California," said Steve Schneider, ZAP Chief Executive Officer. He added, "Because the XL qualifies for the Federal tax credit under President Obama's stimulus program, the net purchase price is affordable, attractive and very competitive."

The US government has publicly announced plans to purchase more than $300 million worth of energy efficient and alternative fuel vehicles through the GSA.

ZAP has been flooded with bid solicitations from city, county and state government buying authorities wishing to accelerate their adoption of "green" transportation initiatives and whose previous budget constraints have now been lifted.

ZAP plans to expand its domestic manufacturing capability through an exclusive contract with Zap Motors Manufacturing in Kentucky. That company has applied to the U.S. Department of Energy (DOE) for a $200 million Advanced Technology Vehicles Manufacturing loan to build its Kentucky plant. DOE will be allocating $25 billion in such loans to qualified carmakers and suppliers who can build advanced technology vehicles in the U.S.

About ZAP

ZAP has been a leader in electric transportation since 1994, delivering over one hundred thousand vehicles to consumers in more than seventy-five countries. ZAP manufactures a line of electric vehicles, including electric city-cars and trucks, motorcycles, scooters, and ATVs. ZAP sells some of the only electric city-speed cars, trucks and vans in production today and is developing a freeway capable electric vehicle called the ZAP Alias.

Forward-Looking 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 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.

Contact Information

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