Investors, dealers zapped by Zap?
April 8, 2008 10:34 AM Subscribe
posted by M.C. Lo-Carb! (27 comments total)
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Wired, which famously included
the Tesla Roadster in its annual roundup of vaporware, takes on another electric car firm
Over the years, 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. Of nearly a dozen groundbreaking eco-vehicles ZAP has promised in public announcements and on its Web site, only the Xebra and its sibling, a truck version, have ever made it to market.Zap
, and its Zap Girls!
, chalk it up
(PDF) to Big Oil and Big Auto. But Forbes wondered
the same thing last year.
Also, just like Tesla, Zap, OTC Bulletin Board, ticker ZAAP, says it has a supercar design
relationship with Lotus.
But, according to the Wired article, "A Lotus Engineering official confirms that Lotus made a deal with ZAP allowing the Santa Rosa firm to use Lotus' gas-powered APX prototype as a physical model for a new car, but that was all."