Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Highway Electric Car Project for ZAP, China Youngman Initiates RFQ (Request for Quotation)

An affordable, highway electric car project between ZAP (OTCBB: ZAAP) and China Youngman Automotive Group initiated an RFQ (Request For Quotation) process for a vehicle called Alias(TM). Joint venture Chairman Albert Lam believes the two-passenger, 100 MPH, 150-mile range, electric vehicle design could go into production by 2nd quarter 2009 with a targeted price of $30,000.
An affordable, highway electric car project between ZAP (OTCBB: ZAAP) and China Youngman Automotive Group initiated an RFQ (Request For Quotation) process for a vehicle called Alias(TM). Joint venture Chairman Albert Lam believes the two-passenger, 100 MPH, 150-mile range, electric vehicle design could go into production by 2nd quarter 2009 with a targeted price of $30,000.

Abstract:
Affordable, High Performance Electric Vehicle Called ZAP AliasTM

Highway Electric Car Project for ZAP, China Youngman Initiates RFQ (Request for Quotation)

SANTA ROSA, CA | Posted on January 22nd, 2008

Officials from ZAP (OTCBB: ZAAP) and China Youngman Automotive Group announced their Joint Venture Company has initiated the RFQ (Request For Quotation) process for a vehicle project called the ZAP Alias™. The Joint Venture invites engineering and technology companies from all over the world interested in participating in the high performance electric vehicle project initiated in 2007.

The Joint Venture Company targets the Alias to retail at a price of $30,000 in a two-passenger vehicle with a top-speed of over 100 miles per hour and a range of at least 150 miles per charge. The goal is to bring an affordable, highway capable electric vehicle to market quickly to capitalize on surging interest for electric car technologies. There are also plans to offer options like fast charging and a hybrid range extender.

ZAP plans to present its progress on the Alias electric vehicle at North America's largest dealer conference, NADA, February 9-12 in San Francisco, California. Members of The National Automobile Dealers Association (http://www.nada.org/) sold 16.5 million cars and trucks in 2006.

"Everyone who has seen the Alias says they want to buy one," said ZAP CEO Steve Schneider. "The performance goals are attainable because the pace of new technology is accelerating. We have worked with Lotus Engineering during the initial phase of the development project and shall again be looking forward to their support."

"I am very excited to initiate this project," said Mr. Albert Lam, Former CEO of Lotus Engineering, now Chairman of the Joint Venture Company. "Looking at our initial project development plan and our discussion with a number of key engineering and technology partners, I believe we can go into production by the 2nd quarter of 2009. We will be using some of the existing facilities of Youngman to manufacture this vehicle."

The ZAP Alias electric vehicle project was conceived via collaboration between ZAP and Lotus Engineering in 2007. The two companies carried out a feasibility study on next generation electric vehicle technologies and the Alias vehicle was announced along with a crossover SUV project called the ZAP-X, based on Lotus Engineering's Aluminum Performance Crossover (APX) demonstrator.

ZAP will distribute the Alias under a new brand name for the Joint Venture Company in North America. The Alias will be sold through qualified ZAP dealers. ZAP has a dealer network with 50 locations across the United States selling its current vehicles, the Xebra and Zapino.

####

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 has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, 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:
Alex Campbell
707-525-8658 x 241

Copyright © Marketwire

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

News and information

Iranian Researchers Planning to Produce Edible Insulin January 28th, 2015

Nanoparticles that deliver oligonucleotide drugs into cells described in Nucleic Acid Therapeutics January 28th, 2015

'Bulletproof' battery: Kevlar membrane for safer, thinner lithium rechargeables January 28th, 2015

Spider electro-combs its sticky nano-filaments January 28th, 2015

Announcements

Iranian Researchers Planning to Produce Edible Insulin January 28th, 2015

Nanoparticles that deliver oligonucleotide drugs into cells described in Nucleic Acid Therapeutics January 28th, 2015

'Bulletproof' battery: Kevlar membrane for safer, thinner lithium rechargeables January 28th, 2015

Spider electro-combs its sticky nano-filaments January 28th, 2015

Automotive/Transportation

Teijin to Participate in Nano Tech 2015 January 22nd, 2015

Materials - Efficient catalysts... January 13th, 2015

Waterloo chemist one step closer to a new generation of electric car battery January 12th, 2015

New concept of fuel cell for efficiency and environment: It grasps both performance efficiency and removal of toxic heavy metal ions in direct methanol fuel cells January 5th, 2015

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

'Bulletproof' battery: Kevlar membrane for safer, thinner lithium rechargeables January 28th, 2015

Toyocolor to Launch New Carbon Nanotube Materials at nano tech 2015 January 24th, 2015

Smart keyboard cleans and powers itself -- and can tell who you are January 21st, 2015

Presence of Nanoparticles in Efforts to Boost Lifetime of Super Capacitors January 20th, 2015

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 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE