ZAP Introducing Electric Taxi at Beijing Motor Show
BEIJING, April 20 /PRNewswire-FirstCall/ — ZAP (OTC Bulletin Board: ZAAP), a U.S. electric vehicle pioneer, is hosting a press conference on Wednesday, April 21, 2010 at 2 PM to introduce its design and engineering expertise to the Chinese media as well as outline production plans to bring all-electric vehicles to the Chinese market. ZAP will exhibit two EVs at the Beijing Motor Show, the ZAP Taxi targeting fleets and the innovative Alias prototype sports car.
Press Conference, ZAP Introduces Electric Taxi and Alias WHAT: sports car prototype at Beijing Motor Show WHEN: 2:00 PM, Wednesday, April 21, 2010 Beijing Crowne Plaza Hotel, 48 Wangfujing Ave., Dongcheng Dist., Beijing, 100006, China, Hotel Front Desk: WHERE: 86-10-59119999 Steve Schneider, CEO of ZAP (http://www.zapworld.com) based in Santa Rosa, California, a 15-year-old WHO: electric vehicle company Alex Wang, CEO, Zhejiang Jonway Automobile Co., Ltd. (http://www.jonwayauto.com), maker of the A380 Junfeng Feng, VP of International Investment, XiXi Sci- Tech Island Project, Hangzhou, Zhejiang, China (http://www.xs-ti.gov.cn) ZAP set for production of electric taxis through joint venture in Hangzhou with Holley Group. Taxi based on WHY: Jonway A380 SUV ZAP Alias is a finalist in the Progressive Insurance Automotive X Prize, an international competition for 100 MPGe and above vehicles (http://www.progressiveautoxprize.org) starting this month VISUALS: ZAP 100% Electric Taxi and Alias Sports Car Prototype INFO: Blog: http://zapglobal.wordpress.com
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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. Investors should consider the risk factors described in the Company’s Form 10-K for the fiscal year ended December 31, 2009 and Form 10-Q for the fiscal quarter ended September 30, 2009, as well as other filings.