Smart Car 'ZAPs' Record Gas Prices in NY
April 18 2006 - 10:00AM
PR Newswire (US)
Long Island Dealership and ZAP Hosts First Public Test-Drive of the
40-MPG Smart Car Americanized for ZAP April 18, Press to Be Able to
Test Drive by Appointment in NYC NEW YORK, April 18
/PRNewswire-FirstCall/ -- Eagle Auto Mall of Riverhead, New York
will debut the Smart Car Americanized for ZAP (NYSE Arca: ZP and
PCX: ZP) for public test-drives on Long Island at 3 PM today.
Available throughout the rest of the world since 1998, this year
marks the first time Smart Cars are available in the United States,
provided through an independent venture led by publicly-owned
California automotive distributor ZAP. At an EPA-test 40 MPG, the
Smart Car is the most fuel-efficient all-gas turbo in the nation
and the only micro-car available at a time of record gas prices.
ZAP is ramping up distribution for the Smart Car along with other
cars that seek to target the micro-car niche with cars and other
vehicles powered by electricity, ethanol, hydrogen and other
advanced technologies. "With record gas prices, the public is
hungry for new innovations in the auto industry like those being
provided by ZAP," said Automotive Marketing Manager Philip Tarazi.
"The timing for our automotive business plan puts ZAP in an
enviable position. ZAP has also been in discussions to develop more
new cars for its dealer network, and expects to introduce an
all-electric 'City-Car' called the XEBRA(TM) this year and has
contracted to distribute a Brazilian "trybrid" car under
development that uses ethanol, gas and electricity. ZAP will
continue to market a wide array of vehicles for personal
transportation and off-road markets, including the manufacturing
and distribution of electric scooters, bicycles, ATVs, dirt bikes,
mopeds, motorcycles and more. These vehicles are now on display at
the international auto show in New York City. The Smart cars are
now available for test drives by the Press, and will be available
to test drive by the Public at Eagle Auto Mall at 3:00 located in
Riverhead, New York. About ZAP ZAP has been a leader in advanced
transportation technologies since 1994, delivering over 90,000
vehicles to consumers in more than 75 countries. ZAP is at the
forefront of fuel-efficient transportation with new technologies
including energy efficient gas systems, hydrogen, electric, fuel
cell, alcohol, hybrid, trybrid and other innovative power systems.
The Smart Car Americanized for ZAP currently complies with
regulatory requirements in all states except California, New York,
Massachusetts, Vermont and Maine. ZAP is not affiliated with, or
authorized by, smart gmbh, the manufacturer of Smart automobiles,
or the smartUSA division of Mercedes-Benz LLC, the exclusive
authorized U.S. importer and distributor of those vehicles. For
more information, visit http://www.zapworld.com/ . Cautionary
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 the Company's products, increased levels of
competition for the Company, new products and technological
changes, the Company's dependence on third-party suppliers,
intellectual property rights, and other risks detailed from time to
time in the Company's periodic reports filed with the Securities
and Exchange Commission. DATASOURCE: ZAP CONTACT: Mark Calisi of
Eagle Auto Mall, 800-747-8816; or Jennifer Zimmons,
+1-212-838-1444, or , or Eveline Souza, +1-707-525-8658, or , both
of ZAP Web site: http://www.eagleautomall.com/ Web site:
http://www.zapworld.com/
Copyright