Elite Auto Rental Blog

This one courtesy of Mike Spinelli at Jalopnik. A very cool post with the picture and press release about a new exotic car from those crazy kids at Zap. Here’s the promise an electric vehicle that can go about 100 miles on a charge and has a top speed of 100 mph. Much more reasonable 30k projected price tag. It is designed based upon the lightweight platform created by our good friends at Lotus.

The first look at the new model according to Mike’s post is to occur on July 29th at the Zap stockholders meeting.

Press Release:

SANTA ROSA, California (June 22, 2007) - Electric car pioneer ZAP (OTC BB: ZAAP) is launching a new development program for a high-performance electric vehicle that is affordable for consumers.

6/22/2007 - ZAP Announces Second High-Performance Electric Vehicle in Development
Electric car pioneer ZAP is developing a new electric vehicle that is affordable for consumers. With a targeted price of $30,000, ZAP says the technology for the new vehicle is similar to that of an electric SUV concept announced earlier this year called ZAP-X, but will be available sooner.
ZAP says that the initial concept phase for the new vehicle is complete. The targeted price is $30,000, top speed in excess of 100 mph and range of 100 miles per charge. Many of the technologies already specified for the ZAP-X electric car concept will be applied to the new vehicle, but delivery is expected to be sooner than the ZAP-X. CEO Steve Schneider said more details of the new vehicle will be presented at the annual shareholder meeting, July 29 in Santa Rosa, California.

“With ZAP’s experience over the past 12 years and the groundwork we have already laid, we know that electricity is the future of the auto industry,” said Schneider. “At the same time, we believe we have a design that will serve a niche no other manufacturer in the auto industry is seeking to fill.”

http://jalopnik.com/cars/zap-me-baby-one-more-time/zap-says-new-high+performance-electric-car-on-the-way-272301.php