ZAP Stock Recovered onAnticipations of Rapid EV Deployment in China and Korea Markets

Jul,06,2010

ZAP (OTC BB : ZAAP) stock price recovered from May 26 low of $0.30 to July 2
high of $0.40 on positive news regarding the progress the Company made to increase
the visibility and acceptance of its Electric Vehicles (EVs) offering and solid
governmental support that is likely to be introduced next fall. The Company’s daily trading activity has also improved significantly averaging more than $135,000 for the last trading week.

ZAP is one of the world’s oldest and most experienced electric vehicle providers,
having delivered over 117,000 of a broad range of vehicles to more than 75 countries since 1994. ZAP supplies electric trucks and vans to military, government and corporate fleets and is an innovator of electric motorcycles, scooters and ATVs. With the recent increases in the price of oil and growing concerns about the environment as well as the negative effects of global warming, there is clearly a huge emerging for the Company.

The Company’s approach is to make electric cars more cost effective and more
comfortable. A large portion of ZAP’s car sales are fleet vehicles. The Company
supplies EVs for a number of government entities, companies, and universities
including Google, University of San Francisco, National Park Service, Coca Cola, and the military.

During 2010, the Company announced that it has developed an efficient methodology
for the conversion of conventional gasoline engine vehicles into electric vehicles.
Presently it is targeting China and Korea to convert conventional gasoline powered
internal combustion SUVs to plug-in-electric vehicles to serve taxi markets in these countries. The Company has completed the first prototypes and currently is in the testing phase. As a result of this achievement, ZAP have been selected as one of five companies to convert a prototype United States Postal Service ( USPS) van from conventional gasoline powered internal combustion to plug-in-electric for delivery in July 2010 for field testing by the USPS. USPS operates a fgleet of about 142,000 of these trucks, which creates an enormous opportunity for the Company.

At the Beijing Motor Show in April, ZAP displayed its all-electric ZAP Taxi targeting the fleet market as well as its innovative all-electric Alias prototype sports car. The Company introduced their design and engineering expertise to the Chinese media and outlined plans to enter the Asia-Pacific market. The Company has already started the pilot production of the ZAP Taxi at ZAP Hangzhou, the joint venture in Hangzhou China with Holley Group. The vehicles are designed for Asian market, such as taxi fleets, as well as intra-campus transportation for large corporate, government, military and university campuses. ZAP has also formed a partnership with Samyang Optics to distribute its full line of EVs in Korea. Over time, ZAP and Samyang Optics expect to develop an assembly process for EVs in Korea to eventually source and manufacture the parts and EV components in Korea.

The Company’s all-electric Alias prototype sports car has qualified for the Progressive Insurance Automotive X PRIZE (PIAXP) competition for 100 MPG (miles per gallon energy equivalent) and above cars. The ZAP Alias will compete in the alternative category of the PIAXP, which was formed to encourage creativity in vehicle designs.

The first tests proved that ZAP Alias is a safe, efficient and fast vehicle, with
accelerations of 5 seconds from 40 to 65 mph. Winners will share the $10 million
prize purse, funded by Progressive Insurance.

In addition, the Company’s offering could get a solid legislative boost next fall, when the U.S. Senate is likely to change the existing $7,500 federal tax credit for EVs purchases to a credit of up to $10,000. Moreover, similar plans were announced by China, where buyers of electric vehicles will receive subsidies of up to $8,800 under a two-year program to support the rollout of the EV industry in the country. The Korean government has also announced plans to offer subsidies, tax benefits and funding allocations for EVs of over $500 million managed by Ministry of Knowledge Economy.

ZAP Dealer and VP of the California New Motor Vehicle Board

July 29 2010

Mr. Ramon Alvarez C, owner of Alvarez Lincoln Mercury Jaguar and Alvarez ZAP dealerships in Riverside, California, has joined industry pioneer ZAP's (OTC Bulletin Board: ZAAP) advisory board.

Commenting on the appointment, Steven Schneider, ZAP CEO said, "Mr. Alvarez has a wealth of automotive experience and will bring a fresh and welcomed perspective to our growing business in US and international markets. His creativity and market knowledge have enabled him to take a fresh approach to the car business and stands as a model for all new car dealers."

Alvarez officially opens his new ZAP dealership in Riverside today with a hosted press event. Alvarez said, "This is an exciting day for our business as we expand our lineup of cars and trucks to now include electric vehicles from ZAP. We are looking forward to increasing our presence throughout all Southern California, particularly in the government and corporate fleet sector."

Mr. Alvarez has been in the auto industry for fifteen years and is a member of the Board of Directors of the California Chamber of Commerce and has served on numerous charity boards and assisted advocacy organizations. He serves the auto industry through his position on the California New Motor Vehicle Board.

ZAP (OTC:ZAAP) Enjoys The Next Speculative Rise

By Violeta Slavtchevska Date:Jul 5, 2010

With newsletter alerts sent out and large short selling interest, ZAP stock is on the rise again, holding on to its usual performance pattern.

ZAP stock price jumped on Friday shortly after trading began and at first glance it looked like the selling pressure from the previous day had disappeared. With the usual large daily volatility and on exploding volume of over 727,000 shares traded, the stock hit its previous resistance from the middle of May and the closing price was $0.395, or 4.77% up.The additional demand for the stock cannot be considered unexpected however.

After the intensive promotional coverage from last year, the stock has not been
officially promoted recently.

Though, it was mentioned in the newsletter of a website this weekend, sending
investor alerts and being as well involved in the trading penny stocks. Another
disappointing fact for investors, who hope for the stock to break its rise-and-fall pattern and finally have a long-term appreciation is the intensive shorting activity from last week. Nearly 55% of the volume was sold short, which means that the market sees an upcoming drop in the price as much more probable.

According to the actual parameters of ZAP's business, their stock appears currently highly overvalued. ZAP designs and manufactures electrical vehicles, an industry with high-growth potential. Though, the company incorporated in 1994, has not managed to profit from that so far. Large losses have been reported over the past three years and despite some significant technology developments and strategic steps towards an Asian expansion during the first quarter of the year, the financial results cannot catch up. The gap between cash provided by operation and cash needed to cover expenses seems to expand and on the declining sales, the net losses are growing further.

The conditions under which the company had secured financing so far seem to have
been highly unfavorable and with the present results, it is unlikely that this will change. As ZAP has previously failed to make the scheduled payments on a short term loan agreement, some of the company's property that served as a collateral had to be transferred to the lender, which is however still not reflected in the latest financial report. Further borrowing are either due on demand or in the form convertible notes,or are secured by all of the company's assets.

Tesla Is "Silly ... a Stupid Idea," Lindzon Says: Govt. Better Off Investing in Bikes

Jul,14,2010

Electric car marker Tesla went public on June 29 with great fanfare. At $17 per share,the IPO was priced above its expected range and more shares than expected were sold to meet high demand.

Tesla was the first American car company to go public since Ford in 1956 and one of the best VC-backed IPOs in recent memory; the stock jumped 41% on its opening day of trading. As a result, Tesla was hailed as a reminder of the promise of American ingenuity and (further) proof that capitalism is far from dead, despite myriad reports to the contrary.

As FusionIQ CEO Barry Ritholtz declared here the day after the IPO: "Telsa is exactly what Wall Street is supposed to be doing -- bringing capital to entrepreneurs with good ideas and helping drive the engine of growth."But venture investor Howard Lindzon says Ritholtz is wrong: Tesla is a "silly company" and a "stupid idea," Lindzon says.

"That's a lot of money to launch a car that maybe 1% of the country wants," Lindzon says, noting the Department of Energy lent Tesla $465 million to build its Model S sedan. "I don't see the magic. I want to see companies that make products that we can understand - that we can aspire to own."

Furthermore, Lindzon notes CEO Elon Musk sold about $24 million worth of stock at
the offering and argues lead underwriter Goldman Sach "mispriced the deal" by
pricing it a $17. "If they priced it at $22, the company would have got a lot more
money [and] maybe paid back the government," he says.

After trading above $30 on its second day of trading, Tesla stock slid precipitously to below $15 on July 7. But after "breaking" its IPO price, the stock has since climbed back with the broader market; late Wednesday, the stock was up more than 9% Wednesday to near $20 per share. In other words, it's too soon to pass judgment on Tesla the stock, much less Tesla the car company.

But if the government's goal in supporting Tesla was to help wean us off foreign oil, Lindzon says (only half-jokingly) Uncle Sam would be better off backing a bike manufacturer and putting bikes all over American cities.

Samyang Optics Takes Delivery of First ZAP Jonway Electric SUV for Korea Taxi, Fleet Market

July 14, 2010, 9:00 a.m. EDT

SEOUL, South Korea, July 14, 2010 /PRNewswire via COMTEX/ -- Electric vehicle
pioneer ZAP /quotes/comstock/11k!zaap (ZAAP 0.49, -0.01, -1.02%)and Zhejiang
Jonway Automobile Co. Ltd. delivered the first electric taxi produced through their China venture, ZAP Jonway, to Korean distribution partner Samyang Optics (Kospi:008080.KSE). Several new ZAP electric vehicles will be on display at the automotive engineering technology expo EV KOREA July 14-16, 2010 at the Coex exhibition center in Seoul.

Samyang Optics and ZAP Jonway will showcase new electric vehicles (EVs) they are planning for Korea. The ZAP Taxi will be on display, an electric SUV based on the Jonway A380 with an electric drivetrain designed and integrated by ZAP. The Alias will be on display, a futuristic-looking electric car designed by ZAP and finalist for the Progressive Insurance Automotive X PRIZE, a competition of 100MPG or energy
equivalent vehicles with the final taking place July 19-29. ZAPPY3 personal electric transporters will be scooting around the exhibit.

Samyang Optics and ZAP Jonway have formed a business venture to distribute electric vehicles in Korea as part of the government's push to commercialize EVs and capture 10 percent of the global market for zero-emission plug-in cars by 2015 with the target of having all-electric vehicles comprise 10 percent of domestic sales of small-size cars by 2020.

Samyang Optics and ZAP Jonway are the official sponsors of EV KOREA, with
support from the Korean Ministry of Knowledge Economy, Presidential Committee
on Green Growth, Seoul Metropolitan Government, Korea Transport Institute,
Electronics and Telecommunications Research Institute, Korea Electronics
Technology Institute Korea, Automotive Research Institute, Korea Electric Vehicle
Industry Association and others.

EV KOREA was created to harness the growing interest in electric vehicles by
bringing together all the key players in the global EV market. The event is being held concurrently with the New & Renewable Energy and Battery Expo 2010, to create
more synergies and maximize business. EV Korea expects over 100 exhibitors and up
to 25,000 attendees. More information is available at http://www.evkorea.kr.

ZAP is one of the world's oldest and most experienced electric vehicle providers,
having delivered over 117,000 of a broad range of electric vehicles to more than 75 countries since 1994. Additional information is available at http://www.zapworld.com.

Safe Harbor Statement
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP's products, increased levels of competition,new products and technological changes, ZAP's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP's periodic reports filed with the Securities and Exchange Commission.

AutomakerZAP Buying out Chinese Partner

The Zap Alias all-electric sports car has a range of 100 miles per charge, a top speed
of 75 mph, and can go from 0 to 60 mph in 7.8 seconds.

July,8,2010

Automaker ZAP (Zero Air Pollution) announced Thursday it has bought a majority stake in its China-based partner Zhejiang Jonway Automobile, and intends to buy out the rest of the company in the coming year.

The boards of directors for both companies approved a merger agreement on July 2 in which ZAP agreed to acquire 51 percent of Jonway Auto for $29.03 million in cash and the exclusive distribution rights for Jonway cars in exchange for 31.5 million shares of ZAP common stock at $1 per share. The deal also gives ZAP the right to buy out the remaining 49 percent of Zhejiang Jonway Automobile by March 30, 2011,according to ZAP.