Founded in 1994, ZAP (short for Zero Air Pollution) is a publicly-owned corporation (stock symbol ZAAP, as listed on OTC Bulletin Board) located in Santa Rosa, California, which manufactures and markets various electric vehicles.
ZAP is a U.S. Department of Transportation (DOT) licensed manufacturer. The company used to manufacture and distribute the ZAP Xebra, an all electric car and truck. ZAP currently makes electric power-assist system motor ...
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Founded in 1994, ZAP (short for Zero Air Pollution) is a publicly-owned corporation (stock symbol ZAAP, as listed on OTC Bulletin Board) located in Santa Rosa, California, which manufactures and markets various electric vehicles.
ZAP is a U.S. Department of Transportation (DOT) licensed manufacturer. The company used to manufacture and distribute the ZAP Xebra, an all electric car and truck. ZAP currently makes electric power-assist system motor kits for bicycles using a friction roller against the wheel, as well as electric bicycles, electric ATV's and electric scooters.
An article from Forbes magazine in June 2007 criticizes the company for over-issuing stock and failing to produce results or show significant profits.
A feature article in the April 2008 issue of Wired alleged that "ZAP has taken millions from investors and dealers eager to see the company's line of green cars hit the road. But that line has never materialized." The article alleges that board members issued...
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