Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > US-China Electric Car Joint Venture to Hold Meetings at ZAP in California

Abstract:
Former Lotus Engineering CEO, Youngman Officials and ZAP to Meet With Advanced Battery Technologies and UQM Technologies

US-China Electric Car Joint Venture to Hold Meetings at ZAP in California

CA | Posted on October 16th, 2007

Electric car manufacturer ZAP (OTCBB: ZAAP) announced today that officials from its new US-China joint venture will be in California over the next few weeks to move ahead with plans to manufacture electric and hybrid cars, buses and trucks.

"Part of the meeting is to identify the potential key partners that would provide suitable and proven technology for the electric vehicles while using California as a springboard for the wide adoption of electric drive vehicles for the rest of the world," said Albert Lam, former CEO of Lotus Engineering and Chairman to the joint venture between ZAP and Youngman Automotive Group.

Last month ZAP signed a joint venture with Youngman for electric and hybrid cars, buses and trucks. Representatives from Youngman will be attending the meetings to be held at ZAP's Santa Rosa Headquarters and Beverly Hills.

ZAP has invited technology partners to provide input to the Joint Venture. Officials from Advanced Battery Technologies (AMEX: GBT) will attend meetings in Los Angeles with distribution partner CCT Power. ZAP and Advanced Battery Technologies have partnered in the development of nanotechnology for advanced battery applications.

Also present will be Bill Rankin, President and CEO of UQM Technologies, Inc. (AMEX: UQM) to discuss the use of advanced electric drive trains. UQM ( http://www.uqm.com ) of Frederick, Colorado is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, medical, military and industrial markets.

"With Youngman Automotive Group we have the ability to draw upon a multitude of vehicle platforms, including cars, buses and trucks," said ZAP CEO Steve Schneider. "The joint venture is planning what will be well-suited for the California market, which we feel will be an important proving ground."

####

About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. The Company recently launched a new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com .

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. 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.

For more information, please click here

Contacts:
ZAP
Alex Campbell
707-525-8658 x 241

Copyright © Market Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Announcements

University of Minnesota engineers make sound loud enough to bend light on a computer chip: Device could improve wireless communications systems November 28th, 2014

Study details laser pulse effects on behavior of electrons November 28th, 2014

Single-atom gold catalysts may offer path to low-cost production of fuel and chemicals November 28th, 2014

Production of Anticancer Drug from Nanofibers in Iran November 28th, 2014

Automotive/Transportation

Single-atom gold catalysts may offer path to low-cost production of fuel and chemicals November 28th, 2014

Purdue 3-D printing innovation capable of making stronger, lighter metal works for auto, aerospace industries November 20th, 2014

OCSiAl Builds Worldwide Partnership Network November 12th, 2014

NEI Development Update on NANOMYTE® TC-5001, a Protective Coating for Zinc-Plated and Galvanized Steel November 8th, 2014

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

OCSiAl Builds Worldwide Partnership Network November 12th, 2014

Drexel Engineers Improve Strength, Flexibility of Atom-Thick Films November 11th, 2014

A billion holes can make a battery November 10th, 2014

Super stable garnet ceramics may be ideal for high-energy lithium batteries October 21st, 2014

Alliances/Partnerships/Distributorships

SEMATECH to Showcase Innovation and Advances in Manufacturing at SEMICON Japan 2014: SEMATECH experts will share the latest techniques, emerging trends and best practices in advanced manufacturing strategies and methodologies November 26th, 2014

New research project supports internationalisation in nano-research: Launch of new “Baltic Sea Network” November 22nd, 2014

UO-industry collaboration points to improved nanomaterials: University of Oregon microscope puts spotlight on the surface structure of quantum dots for designing new solar devices November 20th, 2014

A novel method for identifying the body’s ‘noisiest’ networks November 19th, 2014

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More












ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE