Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International

Home > Press > Renewable Energy Stocks Sector Close-Up on Electric Vehicles and Green Automotive Stocks

The Global Drive for Electric Vehicles; How ZAP, Tanfield Group Plc, GM, ZENN, Bolloré and Google Are Driving a Global Shift

Renewable Energy Stocks Sector Close-Up on Electric Vehicles and Green Automotive Stocks

POINT ROBERTS, WA and DELTA, BC | Posted on January 14th, 2008, a leading investor news and research portal for the renewable energy sector within, presents a sector close-up on Electric Vehicles and green automotive stocks. From the Consumer Electronics Show, where GM showcased electric vehicles, to the Detroit Auto Show, the color for cars this year is "green" and electric vehicles are getting their share of attention. The market for electric vehicles is going global, with the number of players on the rise.

Venture Beat just published an article looking at "27 electric cars companies ready to take over the road" including ZAP's (OTCBB: ZAAP) Xebra Sedan and ZENN Motor's (News, Quote) ZENN. .

ZENN Motor Company, a Canadian-based manufacturer of electric vehicles, announced in November that Transport Canada had confirmed that its 100% electric, "ZENN" vehicle met and/or exceeded all standards of Canada's low-speed vehicle class.

"The interest ZAP (OTCBB: ZAAP) has been receiving for its electric car business has been global," said ZAP CEO Steve Schneider. "In the next two weeks, ZAP has meetings with potential partners, technology companies, banks, investors, and distribution partners on four continents. There is so much interest we are discussing branching out of passenger cars into other vehicles like trucking and public transportation."

Schneider noted that he has meetings to further a new joint venture with Youngman Automotive, one of China's largest manufacturers of buses and trucks. He is also traveling to Dubai, where ZAP recently formalized a relationship with Al-Yousuf Automotive, one of the largest automotive distributors in the Middle East.

Dan Jenkins, Media Relations Manager of The Tanfield Group Plc (LSE: TAN), listed on the Alternative Investment Market of the London Stock Exchange, provided global insight with the following commentary to "This market is very much demand driven, because major fleet operators are in a win-win situation -- our vehicles reduce their carbon footprint and eliminate air pollutants, while also offering a benefit to the bottom line.

"In 2007 we launched the Newton and Edison vehicles, developed the market and sold seed vehicles into blue chip fleets, while internally we moved from effectively bespoke vehicle manufacture, to a volume automotive assembly model.

"This has laid the groundwork for us to build up to 1,500 vehicles for the UK and Europe in 2008, and up to 1,000 for the North American market. Going forward, management's vision is to reach 10,000 vehicles per annum by 2010. This jump in production provides the fleets of vehicles required by customers who have either recently completed or are going through the process of assessing our vehicles.

"Winning repeat business from household names like TNT, DHL and Sainsbury's Online, has helped move us to the next level, as new customers feel this validates our product and are happy to order fleets without first buying smaller numbers of trial vehicles.

"The electric vehicle is ideal for the urban commercial fleet operators for a number of reasons. Firstly, fleet managers can achieve significant whole life cost savings over the equivalent diesel vans or trucks, providing a benefit to the bottom line.

"The diesel-powered truck or van is designed for steady, constant speeds over medium to long distances and performs well in this field.

"But the stop-start nature of city driving is precisely the worst environment for a diesel engine, both in terms of tailpipe or exhaust emissions and in terms of economic efficiency for miles per gallon.

"Conversely, the electric van or truck actually benefits from these stop-start conditions, as the regenerative braking puts power back into the batteries every time the vehicle halts. And by being zero emission at the point of use, it also provides a 100% reduction in air pollution."

Rick Wagoner, General Motors (News, Quote) Chairman and CEO, made headlines at the Consumer Electronics Show, as the first automotive CEO to present a keynote address, discussing their Cadillac fuel-cell concept and the range-extended electric Chevrolet Volt. According to a recent press release from the Company, "GM has a goal of reducing oil consumption and greenhouse gas emissions," said Tom Stephens, GM Group Vice President, Global Powertrain and Global Quality. "GM's commitment to improving fuel economy, reducing vehicle emissions, and developing electrically driven vehicles is not a short-term strategy. We're in this game for the long term. We see energy and environmental leadership as a critical element of GM's ongoing turnaround plan and a key part of our business strategy."

Bolloré (News, Quote) and Pininfarina recently announced they are teaming up to create a 50/50 joint venture to produce a 100% electric vehicle. The vehicle will be marketed under the Pininfarina brand. The total capital investment is estimated at 150 million euros. The vehicle will be manufactured in Italy and will benefit from Pinninfarina's extensive track record in design and the production of top-of-the range vehicles. It will be equipped with the revolutionary Lithium Metal Polymer battery developed by the Bolloré Group.

Google (News, Quote) is helping promote interest in electric cars with RechargeIT, ( ) an initiative within's Climate Change Program with goals of accelerating the adoption of plug-in hybrid electric vehicles and vehicle-to-grid applications.

For investors following alternative fuel and fuel efficient technologies, features a directory of renewable energy stocks including biofuel, and Electric Vehicle (EV), battery technology and related stocks.

About Featured Showcase Company, Electric car pioneer ZAP (OTCBB: ZAAP):

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.


About® is one of several green investor portals within The green investor portals are hosting the upcoming free online investor conference, "Insight into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, Water and More," March 21, 2008. For more info

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: ZAP currently pays the equivalent of two thousand five hundred in 144 shares and has provided promotional EVs for the Greentech Investor Contest.

For more information, please click here

Dawn Van Zant

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.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024


Daikin Industries becomes OCSiAl shareholder July 27th, 2021

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021 May 11th, 2021

INBRAIN Neuroelectronics raises over €14M to develop smart graphene-based neural implants for personalised therapies in brain disorders March 26th, 2021

180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021


Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024

Finding quantum order in chaos May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024


Researchers’ approach may protect quantum computers from attacks March 8th, 2024

New designs for solid-state electrolytes may soon revolutionize the battery industry: Scientists achieve monumental improvements in lithium-metal-chloride solid-state electrolytes November 3rd, 2023

Previously unknown pathway to batteries with high energy, low cost and long life: Newly discovered reaction mechanism overcomes rapid performance decline in lithium-sulfur batteries September 8th, 2023

Tests find no free-standing nanotubes released from tire tread wear September 8th, 2023

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

What heat can tell us about battery chemistry: using the Peltier effect to study lithium-ion cells March 8th, 2024

Two-dimensional bimetallic selenium-containing metal-organic frameworks and their calcinated derivatives as electrocatalysts for overall water splitting March 8th, 2024

Discovery of new Li ion conductor unlocks new direction for sustainable batteries: University of Liverpool researchers have discovered a new solid material that rapidly conducts lithium ions February 16th, 2024

A battery’s hopping ions remember where they’ve been: Seen in atomic detail, the seemingly smooth flow of ions through a battery’s electrolyte is surprisingly complicated February 16th, 2024

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project