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ZAP CEO Steven Schneider commented, "This announcement demonstrates leadership by the Federal Government to move away from oil and gas consuming vehicles into non-polluting, emission-free, more economical transportation." Schneider indicated the company has been responding to a large number of municipal and governmental RFQ's for vehicles of a similar nature. "We've been delivering to cities, counties, hospitals, colleges, park districts, corporations, small businesses and now we're pleased to be providing them to the Federal Government. ZAP's product strategy is paying off because we have affordable models available for delivery in an era when electric car demand has never been greater."
Schneider said the initial order for seven Zaptruck XLs was placed through one of ZAP's specialty dealers, a certified SDVOSB (Service-connected Disabled Veteran Owned Small Business) supplier in Southern California.
In June ZAP shipped Zaptruck XLs to a U.S. military base.
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.
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Contact: Investor Relations Group 212-825-3210 Investor Relations Rachel Olson or Michael Crawford Media Relations Laura Colontrelle
SOURCE: ZAP
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