California Governor Arnold Schwarzenegger Views China Electric Taxi from ZAP Jonway UFO at Advanced Transportation Summit

June 18 2010

BEIJING (June 17, 2010) – Electric car pioneer ZAP (OTC BB: ZAAP) presented its electric taxi to Governor Arnold Schwarzenegger as he hosted a Summit on Advanced Transportation near the California Capitol June 15. Created through a new partnership with China’s Jonway UFO, ZAP intends to market the taxis in China as well as South Korea through a partnership with Samyang Optics Co. Ltd. (Kospi: 008080.KSE).

ZAP CEO Steve Schneider, Founder Gary Starr and Chairwoman Dr. Priscilla Lu were on hand as Gov. Arnold Schwarzenegger brought together industry leaders from throughout California in new vehicle technologies, clean transportation fuels and electric and hybrid vehicles to discuss how California can remain a leader in advanced vehicle and alternative fuel research and development and green jobs.

More information and photos of ZAP vehicles and Arnold Schwarzenegger are available on ZAP’s Blog at http://zapglobal.wordpress.com
 

“Today’s Summit is especially timely as we continue to be stunned by footage of the oil spill in the Gulf of Mexico. Now, more than ever, it is clear that clean transportation is the future, and California’s policies and companies are leading the way,” said Governor Schwarzenegger in a statement released to the press.

ZAP showcased its new electric taxi at the summit. The taxi uses ZAP’s drive system designed in California and integrated into the Jonway UFO A380 5-door sports utility vehicle manufactured in China. ZAP also displayed a prototype of its Alias electric car as well as some of its production electric vehicles, including the ZAP Dude electric ATV, the ZAP XL electric truck, and the Zappy3 personal transporter. At the summit, Schneider suggested that California adopt a Medium Speed Vehicle Law similar to other states like Oregon and Kentucky.

“Governor Schwarzenegger was very impressed with our vehicles and we let him know that ZAP has several electric vehicles in production today that can help California achieve its advanced transportation goals,” said ZAP CEO Steve Schneider. “Arnold met with us in China in 2007 to learn more about ZAP’s strategy over the past decade to partner with China on electric vehicles.”

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