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THE 3 MINUTE PRESS SHOW with Tracee Tolentino
Discover the News behind the News from today's leading executives. Each day we interview the leading Executives on the press of that day.
The 3 Minute Press Show gives you the:
Who, What, Where, When, Why and How of this Press and how it will impact the company and its shareholders.
Members are encouraged to ask these executives questions through their message boards at Mywallst
3 Minute Press Show - Friday, October 31, 2008
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Featured Company:
ZAP
Exchange: OTCBB
Ticker: ZAAP
Interviewee:
Stephen Tucker
President of ZAP Portable Energy
ZAP engages in the development, acquisition, and commercialization of electric vehicles and electric vehicle power systems in the United States. Its products comprise three-wheeled personal transporters and off road vehicles. The company also produces an electric scooter using parts manufactured by various contractors, as well as rechargeable battery sources using lithium-ion and lithium polymer technology for mobile electronics, such as cellular phones, digital cameras, and laptops. It markets various forms of transportation, including alternative energy and fuel efficient automobiles, motorcycles, bicycles, scooters, personal watercraft, hovercraft, neighborhood electric vehicles, and commercial vehicles. ZAP markets and sells its products through automobile dealers, as well as through its Internet. The company was founded in 1994. It was formerly known as ZAP Power Systems and changed its name to ZAP in 2001. ZAP is headquartered
ZAP's appeal is more in it's battery technology for mobile devices. That is something that can roll out in months, not years. Electric cars for less than 60K are still a few years out.
All electric car's do is trasfer the fuel consumption to the power copany. companies like cyclone technologies are developing engines that use the infastucture already in place, and produce little 0r no polution at a lower cost.
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