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okay , thank you.
possibly i'm not reading the link correctly ... But it seems to say they were completed on june 27th and will be posted on sept. 3rd
With these financhels being complete is there a way to find them? Expected to report Q2 2010 results on September 3, 2010. This event was calculated by Capital IQ (Created on June 27, 2010).
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=MOPN:US
ZAP Acquires Majority Stake in China's Jonway Auto
Jul 8, 2010 09:00:00 (ET)
SANTA ROSA, Calif. and ZHEJIANG, China, July 8, 2010 /PRNewswire via COMTEX/ -- Agreement is US$29 Million in Cash for 51 Percent
Commercial Agreement for 31.5 M Shares Valued at US$31.5M
Debt-Free Jonway Boosts ZAP's Shareholder Value
ISO 9000 Certified Modern Factory
ZAP Jonway - a New International Automobile Company with Extensive EV Experience
141 Acres, 3.6 Million Sq. Feet Factory Opened in 2009, Capacity of 30,000 Vehicles per Year
Jonway 2009: US$40 Million Annual Revenues; Jonway Q1 2010: US$20 Million Revenues
850 Employees Quality, Technology Focused
80 Factory-Direct and Hundreds of Factory Authorized Dealers in China
China Auto Manufacturer Meets EU Standards
ZAP Jonway EV is Exclusive Provider of EVs for the U.S. Pavilion at Shanghai Expo (World Fair)
ZAP (ZAAP, Trade ) and Jonway Group today announced they have signed definitive agreements according to which ZAP will acquire 51 percent of Zhejiang Jonway Automobile Co. Ltd. as part of a strategy to capitalize on the growing automotive and electric vehicle (EV) market in China. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. According to the terms of the definitive agreements, ZAP will acquire 51% of Jonway Auto for US$29.03 million in cash. In addition, ZAP will acquire exclusive international distribution rights to Jonway's automobiles for approximately 31.5 million shares of ZAP's common stock (valued for purposes of the transaction at US$1 per share). The boards of directors for ZAP and Jonway Auto approved and signed the merger agreement on July 2, 2010.
(Photo: http://photos.prnewswire.com/prnh/20100708/SF32168-a )
(Logo: http://photos.prnewswire.com/prnh/20100708/SF32168LOGO-b )
Jonway Auto reported annual revenues of approximately US$40 million in 2009 and approximately US$20 million for the first quarter of 2010. According to the terms of the transaction, Jonway Auto will be debt-free upon the closing of the transaction.
According to the terms of the definitive agreements, ZAP has the right to acquire the remaining 49% of Jonway Auto at the same valuation by March 30, 2011 or at a then current valuation after that date. ZAP and Jonway intend this transaction to be phase one of a two-phase acquisition, whereby the two companies will combine their complementary expertise, leveraging ZAP's EV technology and Jonway Auto's quality ISO 9000 certified mass production capabilities to address the new alternative energy vehicle market. ZAP intends to acquire the remaining 49 percent of Jonway Automobile following completion of the first phase and following final regulatory approval.
The ZAP Jonway merger accelerates cost-effective manufacturing of ZAP's electric vehicles and gives ZAP access to the Chinese market through Jonway's distribution channels of more than 80 factory direct dealerships that feed into hundreds of factory authorized dealers. Jonway's volume manufacturing capacity gives ZAP a strong manufacturing base with the means of commercializing its innovative EV technologies.
"By combining ZAP's experienced team of EV engineers with Jonway's manufacturing capabilities, the combined ZAP Jonway will be able to scale up with the fast-growing worldwide market for affordable electric and fuel-efficient vehicles," said Steve Schneider, CEO of ZAP Jonway. "The new entity will leverage ZAP's extensive intellectual property and international market access with Jonway's current China distribution channels and revenue base, for enhanced shareholder value. The new company creates an integrated worldwide sales and manufacturing operation."
According to Dr. Priscilla Lu, ZAP Board Chair: "As originally planned when I joined ZAP in connection with the Cathaya Funds' investment in the company, the Jonway transaction was formulated to give ZAP the complementary facilities and automotive manufacturing expertise to position itself as a worldwide EV and automobile manufacturer. Jonway's management continues to lead and expand its product line of traditional vehicles and will begin to build the production line for ZAP's EVs in the coming quarters. ZAP will enhance its operations management team to focus on delivering the opportunities at hand."
Jonway Automobile, with approximately 800 employees, is currently manufacturing approximately 1,000 vehicles per month and has a capacity to produce up to 30,000 vehicles per year at its modern, 3.6 million square foot plant in Sanmen on approximately 141 acres of land. Focused on quality, Jonway is ISO 9000 and China Compulsory Certification (CCC) certified. Jonway distributes through a nationwide network of auto dealerships in China and distribution partners in Europe and Egypt. Jonway's 3-door SUV has been CE approved in Italy by its European partner for the European market.
"ZAP's engineering enables us to expand into the EV market and position our company to be one of the leaders in China's EV market," said Alex Wang, CEO of Jonway Automobile. "The ZAP team also brings us international market access and automotive distribution channels for the new models that we are designing, and ZAP will help us meet the required international standards for these new markets."
Earlier this year, ZAP integrated electric drive systems into several Jonway vehicles through its joint venture ZAP Hangzhou. These vehicles are now being showcased and used as electric taxis at the Shanghai Expo. Jonway has also agreed to produce the ZAP Alias electric car, which is now one of the remaining 15 finalists in the Progressive Insurance Automotive X PRIZE competition. ZAP is also one of the five companies selected by the United States Postal Service to engineer and retrofit a gas powered delivery van with a 100 percent electric power train.
Dr. Priscilla Lu added, "The new ZAP Jonway combined company enhances the complementary strengths of each, and uniquely positions the company in the EV market. Jonway Automobile has quality mass production manufacturing as well as access to the Chinese automobile market. ZAP can now apply its in-depth experience in EV technologies and engineering integration know-how to produce a new line of EV models for Jonway Automobile and provide access to worldwide international distribution channels. Jonway, with physical asset value assessed at around US$60 million in land, buildings and modern manufacturing facilities, is cash flow positive, debt-free, has growing revenues, and offers shareholder value for ZAP. ZAP Jonway has now become a significant automotive manufacturer/distributor worldwide".
About ZAP
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. ZAP supplies electric trucks and vans to military, government and corporate fleets and is an innovator of electric motorcycles, scooters and ATVs. The Santa Rosa, California based company offers some of the only electric city-speed cars and trucks in production today and is leveraging its accrued technology know-how in developing a cost effective high-speed electric car called the ZAP Alias. Further 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.
SOURCE ZAP
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expected to report Q2 2010 results on September 3, 2010. This event was calculated by Capital IQ (Created on June 27, 2010).
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=MOPN:US
Governor Arnold Schwarzenegger Views China Electric Taxi from ZAP and Jonway UFO at Advanced Transportation Summit
Email Print
Friday, June 18, 2010
BEIJING, June 18 /PRNewswire-Asia/ -- Electric car pioneer ZAP (OTC Bulletin Board: 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).
( Photo: http://photos.prnewswire.com/prnh/20100617/SF23132)
( Photo: http://www.newscom.com/cgi-bin/prnh/20100617/SF23132)
( Logo: http://photos.prnewswire.com/prnh/20070130/SFTU060LOGO)
( Logo: http://www.newscom.com/cgi-bin/prnh/20070130/SFTU060LOGO)
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 or on Flickr at http://tinyurl.com/3yxz2gc.
"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."
Steve
I know your upset that you sold your 5000 shares for pennies.
But alot of us are happy with are decision to stay with this company.So thank you for your concerns.I think we would rather stay with facts
Standings show only 14 cars still remaining ... nice job ZAP
Oh yes, we have been through it all :)
DADDY FAT
This is old news .. look at my post 5933,from January 2010
June 24th news made etrade,but still not seeing it on google finance
Very nice!
live testing http://www.progressiveautoxprize.org/ link to live results of knock out stage testing
Yes a long road ... but rewarding .. Been in since SPEEDTEC,which it think makes me mopn's first public investor
On msnbc
http://cosmiclog.msnbc.msn.com/_news/2010/06/21/4530115-x-prize-cars-back-on-track
X Prize Foundation
Vehicles fielded by the Spira, FVT Racing and X-Tracer teams roll down the Michigan International Speedway track in May during an X Prize run aimed at testing the cars' durability. Click here for a slideshow featuring X Prize vehicles.
The organizers of a $10 million contest for super-efficient cars are bringing two dozen teams back to a Michigan racetrack this week for the second round of trials. And this time, they're keeping score. You can keep track of the scores yourself during the Knockout round of the Progressive Insurance Automotive X Prize.
This won't be like the typical auto race, where the first one across the finish line is the winner, no matter how much fuel is burned. These cars also have to satisfy standards for fuel efficiency, range, emissions and marketability. The key requirement is that the cars get 100 miles per gallon of gas or its equivalent (MPGe). They can run on gasoline, or biofuel, or all-electric power - and the organizers have set up a formula for calculating how much electricity is equivalent to a gallon of gas. The setup is laid out in the X Prize Foundation's contest guidelines.
Most of the cars that have come to the Michigan International Speedway in Brooklyn, Mich., survived the initial Shakedown tests that were conducted at the same track in April and May. Two European teams missed out on the Shakedown because of the air-traffic jam created by the Icelandic ash cloud. Seven other teams couldn't satisfy all the Shakedown requirements last month but were kept in the competition. Those teams were given makeup exams last week, and this week they'll find out if they can move on to the Knockout stage.
The competition is broken up into two classes of vehicles, "mainstream" four-seaters and "alternative" two-seaters, with Progressive's $10 million purse shared equally between those classes. During the Knockout stage's on-track tests, the mainstream X Prize cars will have to prove they can hit 67 MPGe, two-thirds of the ultimate goal. They'll also have to go for 134 miles without refueling - again, two-thirds of the ultimate goal of a 200-mile range. The two-seaters have the same mileage standard to meet, and they'll have to go 67 miles without refueling. Eventually the alternative cars will have to demonstrate a range of, you guessed it, 100 miles.
The first round of on-track tests didn't result in any official rankings of the contestants, but this time around, tallies will be kept for fuel efficiency, speed and the other factors that will be weighed to decide the winner. The X Prize Foundation has created a "Competition Tracker" that will put many of those metrics online as soon as they're available. There's also a leader board and team-by-team breakdowns. This YouTube video previews all the features coming to the Automotive X Prize website.
Who are the favorites?
All of the cars that meet the minimum requirements can go on to the final round of on-track tests, but the scores should reveal which teams are the favorites and which are the dark horses. So who are the favorites? That depends on what your definition of the word "favorite" is.
The ZAP Alias has risen to the top as the most stylish of the X Prize entrants, based on an unscientific online poll being conducted as part of the "Fan Favorite Sweepstakes." This contest is designed to reward the fans rather than the automotive teams: The more often you vote, the greater your chances of winning a drawing that offers $3,000 and an X Prize team jacket as the grand prize. Future stages of the contest will focus on the most innovative, most practical and most desirable cars.
No,But thank you for the offer!
If you look at the PR it states that mopn has a signed purchase order with BP ... that is a contract ...
Thats great !
Thank you for the post
http://theperfectstock.blogspot.com/2010_06_01_archive.html
OLD NEWS but nice to know people agree with us
The Perfect Stock
Stock Traders | Stock Market Trading tips | Stock Market Picks | Making Money Online | Stock Research |
6/6/10 - Oil Spill Contract from BP Makes MOP Environmental Solutions (MOPN.PK) Perfect
For the sake of this post, I'll go back to a philosophy I've used in the past in picking a "perfect stock". I've stated that certain times in playing the stock market, a story is so powerful that news alone can be enough to make a stock perfect. The past month and a half, the national headlines have been dominated, by the BP's oil spill in the gulf of Mexico. The company that I've selected reported news Friday afternoon that potentially positions it to be a big winner in the market on Monday. MOP Environmental Solutions Inc. (MOPN.PK) is the next perfect stock.
News
MOP Environmental Solutions manufactures and distributes MOP(R) Maximum Oil Pickup. MOP picks up and recovers oil spilled on land and/or water. The company's revolutionary, 100% Recyclable, new absorbent material picks up to 30 times its own weight in oil, without absorbing water, restores traction on slippery surfaces, and safely restores a clean, natural environment. After reaching out to BP on numerous occasions, the company announced that it had finally received a Purchase Order from BP to send its oil spill absorbent booms to the Gulf of Mexico for the ongoing oil spill clean up efforts. Per the purchase order, MOP Environmental will provide BP with three tractor trailerloads of booms to be shipped to the Hope Dale Site staging area in Saint Bernard, Louisiana. The company also mentions that upon fulfillment of this order, additional deliveries are anticipated to continue on a weekly basis and that BP will be looking to accept as much their product as they can provide.
That is why I have stayed with Charles for so long.. The man has earned my respect .
The short of it is .. It was a blessing that Charles stood up for his shareholders... ssta was suppose to issue us 1 share of ssta for every 7 shares of mopn that we had before oct 16th 2008, while allowing us to keep are mopn shares ... when they didn't come through for the shareholders .. Charles returned the money they had paid him and ended the deal .. there is alot more to it than that..But the importance part is, the fact that Charles could have come out of the deal a very rich man,Instead stood up for us and did the right think .. imo of course ..But I did have some pretty heated phone calls with ssta along with other shareholders ...
:) well what ever happens, looks like you and I will be here too see how it plays out ...
It seems that a good question to be asking would be, with this oil spill going on and the government talking that we need renewable energy. WHY DOES ZAP, AN AMERICAN COMPANY HAVE TO GET THERE FUNDING FORM KOREA AND CHINA..
I think what we need to keep in mind . Is that the CBS report answers the question of a real product that works, and apparently like no other. I know this was the concern of alot of people on this board .
Okay .. its been a while:)
yes we got a 3 to 1 forward split coming out of cpco if my memory service me correctly .. I'm sure its still posted some where
What joker is trying to get this stock for .15
Come on people it is time to get real about this stock
MOPN is not just some call letters for a guy trying to make some money off pinks. This is a real company ,it is not only going to clean up this mess .. But with Charles new pat. could possible be used to clean up all contaminets around every gas station in the world.. Its time to get proud of what you are involved in.. AND MAKE PEOPLE PAY FOR THE RIGHT TO BE PART OF THIS. Stop letting people get in so cheap,realize what you have in your hands!
IMO
I know this is old information about mopn .. But I thought worth posting for the newbies...
Larry Oakley interviewed CEO Charles Diamond on 5/15/2008.
Larry commented: “In my more than 25 years of interviewing the CEOs of emerging growth companies, I think I can safely say that I’ve never had such an awesome experience. It’s not only that Charles Diamond is the CEO of a company that has great potential – it’s that his goals are so noble.
I must say that this is a situation that you should seriously check carefully.
I suggest that you look at it from the posture of someone who has two intents:
1. To realize the type of appreciation potential that you would have enjoyed if you
had invested in Microsoft, for example, when it was just starting as a public
company.
2. To be a part of & a backer of a technology that has the probability of doing the
following things:
(1) Cancel the bad effects of global warming.
(2) Solve the coming problem of too little food to sustain the world’s
growing population.
(3) Create an abundant alternative source of very low cost energy.
(4) Reduce our dependence on foreign oil.
(5) Save countless birds & animals from the ravages of oil spills.
(6) Clean up not only Earth’s atmosphere, but a great many aspects
of our industrial facilities.
(7) Build the profits of those companies that utilize MOP’s technology.”
What MOPN Is & Does
MOPN is a “Green Environmental Company” in the highest sense.
Here’s one comment Charles Diamond made on 4/29/2008: “We use water power & recycled waste to make the very best product there is to pick up & recover oil spills, thereby conserving fossil fuels & relieving the load on landfills.
Our patented MOP® Maximum Oil Pickup & associated equipment removes up to 99% of the oil from all types of oil spills, on land or water, indoors, outdoors, under all weather conditions, without absorbing water, while recovering spilled oil at a profit.
Everything is restored & recovered leaving clean earth, clean water, clean oil, & the MOP® itself becomes pellet fuel. Nothing is wasted or left over; except an absolutely clean environment.
But that’s not all. After removing an oil spill, using thoroughly proven technologies, we propose to:
1. Restore the land (or any poor quality soil) to the very highest crop yielding
agricultural use.
While we:
2. Remove excess CO2 from the atmosphere in quantities that can REVERSE
GLOBAL WARMING.
While we:
3. Create an abundant alternative source of very low cost energy.
While we:
4. Provide companies that wish to utilize this technology with a valuable
competitive edge.”
History
In 1985, Charles Diamond completed restoration & put into service a vintage 1902 hydroelectric power plant in the town of Bath, NH. This plant now supplies two million kilowatt hours of renewable energy into the electrical grid, reducing dependence on fossil fuels & reducing the air pollution that would otherwise result. The annual electricity supplied from this water powered facility provides more electricity than the entire electric consumption of the town of Bath, NH where it is located. It also now provides all of the power needed to operate the plant that produces MOPN’s products.
In 1990, the only manufacturing plant in New Hampshire that made insulation from waste newspaper was set up by Charles Diamond. This insulation continues to provide the surrounding community with more than $2,000,000 annually in fuel savings, from the more than 10 million pounds of insulation that was manufactured & is now installed in homes. This undertaking continues to stimulate the local economy with $2,000,000 annually in more spend-able income while reducing our consumption of earth’s finite fossil fuels & simultaneously reducing air pollution that would otherwise result.
The first plant to manufacture the patented oil recovery product, MOP® Maximum Oil Pickup was perfected with production improvements in 1995. This improved plant had a multiple shift capacity to manufacture enough material to recover up to 500,000 lbs of spilled oil a day.
MOPN’s Products
MOP® Maximum Oil Pickup products & technology are made from clean industrial by-products that are removed from the waste stream. Ingredients that are normally destined for landfill are converted into a low cost product that removes oil spills from land & water. Patented MOP products are manufactured using clean water power to generate the electrical energy for production, thereby conserving fossil fuels. MOP technology quickly restores oil saturated land & water to its former use. Land habitat is recovered for wildlife & formerly productive land is recovered for agriculture, & recreation. Water habitat is restored to allow healthy aquatic life, fishing, & recreation.
Here are some of the main products:
OTC ADVISORS, LLC: Huge Alert On: (OTCBB:ZAAP) - (OTCBB:GSPN) - (OTCBB:SCIE)
Posted on: Thu, 10 Jun 2010 04:05:07 EDT
Symbols: SCIE, ZAAP, GSPN, GSPND
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Rochester NY, Jun 10, 2010 (M2 PRESSWIRE via COMTEX) --
www.otc-advisors.com names (OTCBB: ZAAP | PowerRating)ZAP , (OTCBB: GSPN | PowerRating) Goldspan Resources, Inc. and (OTCBB: SCIE | PowerRating) SpectraScience, Inc. its "Bulls of the day"!
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About ZAP
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. The Santa Rosa, California based company offers some of the only electric city-speed cars and trucks in production today and is leveraging its accrued technology know-how in developing a cost effective high-speed electric car called the ZAP Alias. It recently started pilot production for an electric taxi through a partnership in China and is developing electric charging stations with China's Holley Group, the world's largest producer of electric power meters. For product, dealer and investor information, visit http://www.zapworld.com.
News Today:
FT. BLISS, Texas, Jun 09, 2010 -- Electric vehicle pioneer ZAP (OTCBB:ZAAP) is demonstrating its line of electric trucks, vans and ATVs at the Renewable Energy Rodeo and Symposium, June 8-9, hosted by the U.S. Army Research, Development and Engineering Command's Tank and Automotive Center, Fort Bliss, Texas. The two-day symposium brings energy experts from around the world together with specially selected exhibitors showcasing innovative solutions that range from efficient ground vehicles to infrastructure.
ZAP will demonstrate its ZAPTRUCK XL with convertible bed for moving up to 1900 lbs. of cargo, ZAPVAN SHUTTLE for transporting up to four passengers or allowing easy side loading through sliding doors, and the ZAP DUDE ATV (all-terrain vehicle) ideal for installation security patrol and maintenance functions. The event is organized for federal, state and local government legislators, GSA and various fleet managers, Pentagon-level officials from all U.S. service branches, as well as students from El Paso area colleges and universities.
"We are eager to receive first-hand feedback from all levels of military personnel who will have the opportunity to experience our electric vehicles," said ZAP CEO Steve Schneider. "We believe that communication and partnerships between energy innovators and the military will lead to practical solutions that reduce adverse effects on the environment, such as vehicles that are more energy efficient and simpler to maintain."
Sometimes all it takes is one person to lead the way. The U.S. Army reordered ZAP electric trucks last year after a successful introduction of the vehicles at the Army's Daegu, Korea installation. On his own initiative, former environmental division chief Robert Chartier procured the electric trucks as part of an environmental awareness program that earned him the highest individual award from the Secretary of the Army's Environmental Awards Program for 2009.
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agreed ... Charles is not going to sell this company. He has other contracts to fulfill with other customers, This has the potential to be a dividend stock .imo
nice find
yes JCDC
I'M STILL HERE WHAT A RIDE IT HAS BEEN
ALL THE BEST
Al Unser Jr. back behind the wheel in alternative-fuel competition
By John Marshall (CP) – 20 hours ago
Al Unser Jr. has lived a pedal-to-the-floor life, toddling around the pits as his famous father raced around the track, winning his sport's biggest prize twice himself, becoming a teacher to the next generation of open-wheel stars.
So when he was asked to gear back during the Automotive X-Prize, a competition that's supposed to be more innovation than acceleration, well, you know what happened.
"I just wanted to see what it could do," Unser said.
Curiosity is what got Unser behind the wheel in the first place, pairing a man used to high-decibel, low-miles-per-gallon speed machines with a Star-Wars-pod-looking prototype electric car not much louder than a dishwasher.
Turned out to be a perfect match.
It started two years ago, when a friend told Unser about the Zap Alias, a prototype electric car that could hit freeway speeds and had a range of 160 kilometres.
The two-time Indianapolis 500 winner was intrigued by a drawing of the car and contacted Zap, forming a relationship between one of the fastest drivers in the world and a company at the forefront of alternative-fuel transportation.
So when Zap needed someone to drive the Alias in the Automotive X-Prize, a US$10-million competition to develop super fuel-efficient cars, Unser didn't hesitate.
"I told them I'd love to be a part of it," he said.
There is a certain irony to Unser's pairing with an alternative-fuel vehicle.
He is, after all, a member of a marquee racing family. His father, Al, is a four-time Indy 500 winner, his uncle, Bobby won it twice, and three other relatives have driven open-wheel cars, including his son, Al Unser III. Little Al won 34 IndyCar races and is currently a driver coach and consultant for the series.
Those cars they've been driving are made for speed and aerodynamic efficiency, not saving fuel. IndyCars get less than 2 miles per gallon, meaning it takes roughly 1.3 gallons of ethanol just to do one lap at the Indianapolis 500.
The X-Prize is a competition designed to foster development of clean, production-capable vehicles that exceed 100 miles per gallon or the energy equivalent.
An odd pairing? Not to Unser.
"We all know what the addictions are to petroleum, oil, the spills, the reserves are going to be running out, all the bad things about the oil industry, and this is about protecting the future generations," he said. "With the X-Prize competition, it's going to speed it up, allow it to hopefully become mainstream in my generation."
The original X-Prize was a space race, a competition in 2004 to launch a reusable aircraft into space twice in two weeks. The Automotive X Prize was created in 2007 as an attempt to help the auto industry along in a quest to develop more efficient vehicles.
The competition includes two classes. The mainstream vehicles must carry at least four passengers, have at least four wheels and offer a 200-mile range. The alternative class, which the Alias fits into, must carry two or more passengers and have a 100-mile range.
The competition is broken down into three on-road stages, all held at Michigan International Speedway, that test everything from emissions and fuel efficiency to stability and real-world performance. The Finals Stage will take place in July and the winner will be determined after final technical testing in August.
Unser got his first spin in the Alias during the Shakedown Stage on May 5-6.
Though he had never driven the futuristic-looking, three-wheeled car before, Unser manoeuvred it through the tests with ease, making it through the collision-avoidance course in one try while others needed up to 40 attempts.
Still, he wasn't satisfied. Being a race-car driver, he wanted to push the limits, see just what the car was capable of.
"The hardest part of the race was slowing Al down," Zap co-founder Gary Starr said. "He did it the first time at 45 mph and got in line again. I'm like, 'what are you doing? You passed the test.' Well, I want to go faster."
But Unser knows this isn't a race to a finish line. It's one to the future.
As much as his foot wants to press on that pedal, Unser is willing to gear back a little in the name of progress.
"That is what it's all about it as far as competition," said Unser, who'll drive the Alias again during the Knockout Stage, June 20-30. "It's not about speed, it's about humanity and that's why I'm involved."
Copyright © 2010 The Canadian Press. All rights reserved.
Timing is everything by John Day
Posted May 19, 2010, by John Day
tags: ZAP Alias, ZAP, ZAP Hangzhou, Chevrolet Volt, electric power meters, A-380 SUV, Zhejiang Jonway Automobile Co., Progressive Automotive X-PRIZE, Steve Schneider, Holley Group, Nissan Leaf
ZAP (Zero Air Pollution) has been building electric vehicles since 1994 and claims to have delivered more than 117,000 vehicles of various kinds to military, government and corporate fleets. Its Alias sports car survived the Progressive Automotive X-PRIZE Shakedown stage earlier this month and is now one of 27 vehicles contending for a share of the competition’s $10 million pot.
“In the ‘90s, no one really cared about electric vehicles,” says ZAP CEO Steve Schneider, “but now, all these years of trying practical applications are finally starting to pay off for us.”
Chevrolet is touting the Volt and Nissan is generating interest in its Leaf. “There are enough early adopters for one or two suppliers to put vehicles on the road and validate the idea, but range anxiety will continue to be an issue for some time,” Schneider says. “I don’t believe that electric vehicle technology is mature enough for the consumer market yet.”
But fleets are another story, and that’s where ZAP is concentrating its efforts. Taxi fleets in China, to be more specific. ZAP and the Holley Group, known for manufacturing electric power meters, formed a joint venture called ZAP Hangzhou that in turn is partnering with Zhejiang Jonway Automobile Co. to manufacture an electric version of Zhejiang’s A-380, a 5-door SUV.
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“Taxis in China are very economical, and they are a perfect application for electric vehicles. They don’t need expensive rapid charge technology, and they are not a source of pollution no matter how long they sit and idle,” Schneider says.
“Other countries are pushing electric vehicle technology but the Chinese are further ahead than anyone else. Clean coal, electric vehicles, and the power grid are the focus of the people at the top there. The Chinese will use electric vehicles on a large basis, and as they do, the technology will be refined. We should be able to bring that refinement back to the U.S. We’re in the right place at just the right time.”
John Day recently launched John Day’s Automotive Electronics News (johndayautomotivelectronics.com) to provide news and feature coverage of the automotive electronics industry. Earlier he wrote for Auto Electronics magazine, Auto E-lectronics, EE Times, and other business and engineering publications. Visit John Day
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Wayne must be listening to you .. I just rec. this email.
A good friend of MOP provided us with this link to a Google "suggestion box"
According to her MOP has more support than any other suggestions. I have just confirmed this.
If you can help by casting your vote, please do. Every bit counts.
wdk
http://www.google.com/moderator/#16/e=68c8
Gulf Coast Oil Leak: What Are Your Suggestions?
As the Gulf Coast oil leak continues, we want to hear your thoughts on the best way to stop the spill and also how to clean up the oil that has been gushing into the Gulf of Mexico.
Leave us a text or video response by 5 p.m. ET on Thursday, May 27. If you make a video, please keep it shorter than 60 seconds.
Don’t forget to tell us your name and where you live. Some of the best questions could appear on our air or on our Web site.
Everyone is invited to participate. Just click "submit a question" below to get started. Be sure to let your friends know by clicking "share" as well! You can also vote on which ideas you think are the best.
Note: The PBS NewsHour is not responsible for the material posted by video or text response participants and reserves the right to remove offensive content and comments.
15,039 people have submitted 7,288 suggestions and cast 97,443 votes
but what do you think?
--
Wayne King
MOP Environmental Solutions
603-786-9378
603-515-6001
Skype: Waynedking
I see that google has removed some of are mop suggestions off the board
If someone could get a phone number, email...ect for the drain commissioner of that county...I'm sure he would be much easier to contact and more likley to listen, than the state government
ooops ,sorry about that.. saw may 22 and posted, MY BAD
ooops ,sorry about that.. saw may 22 and posted, MY BAD
guest Jordan Kimmel's radio show
MOP Environmental Solutions Featured at WallStreetCorner
BATH, N.H., May 22 /PRNewswire-FirstCall/ -- MOP Environmental Solutions, Inc. (OTC: MOPN) is featured in a Profile at www.WallStreetCorner.com , and Charles Diamond, its CEO, will appear today as a guest on Jordan Kimmel's radio show "Profitable Investing" at www.VoiceAmerica.com from 11:00 a.m. to Noon -- Diamond's interview will be at 11:45 a.m. ET.
The WallStreetCorner Profile began with the following quote by Larry Oakley who had interviewed Charles Diamond: "In my more than 25 years of interviewing the CEOs of emerging growth companies, I think I can safely say that I've never had such an awesome experience. It's not only that Charles Diamond is the CEO of a company that has great potential -- it's that his goals are so noble. I must say that this is a situation that you should seriously check carefully. I suggest that you look at it from the posture of someone with the intent to realize the type of appreciation potential they would have enjoyed if they had invested in Microsoft, for example, when it was just starting as a public company."
About MOP Environmental Solutions: MOP(R) (Maximum Oil Pickup), patented breakthrough technology and associated equipment, creates profit incentive for effective global oil-spill recovery. The Company's MOP-CAT's (Cleanup Aquatic Tool) first public demonstration is anticipated to show its ability to recover above 1,000 barrels a day of pipeline quality oil from oil spills. With oil prices toping $100 a barrel, that's $100,000 a day. At $100,000 in daily revenues each MOP-CAT could pay for itself in as little as one day. To learn more about MOP Environmental Solutions, visit www.mopenvironmental.com , and www.SmallStreetNews.com .
About WallStreetCorner.com: Formed nine years ago by Larry Oakley, known as the "Elder Statesman of Emerging Growth Company Writers," for his Conservative Speculator newsletter published since 1987, www.WallStreetCorner.com and its "Special Situation Profiles," "Special Emerging Growth Situation Executive Summaries," "Conservative Speculator," and Oakley's "Stock Pick," "Opinion," "Comment," and "Bold Ventures" editorial columns, is now read by investors in 94 countries.
About Jordan Kimmel: Hosted by Jordan Kimmel, the Managing Member & Portfolio Manager for The Magnet Investment Group, every Thursday at 11 a.m. Eastern (8 a.m. Pacific), "Profitable Investing" simplifies the economy and demystifies the stock market. Jordan is often sought out on the major financial networks as a market analysis guru and is the developer of The Magnet(R) Stock Selection Process. He is currently a contributor to ABC, CNBC, FOX, CNN, and Bloomberg TV. Each week Jordan interviews movers and shakers in the industry, the people investors trust for opportune, trustworthy advice. Clear, reliable, and timely communication is why "Profitable Investing" is the source for investing information -- from blue chips to micro caps.
Forward-looking statements in this news release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this news release are not strictly historical statements, including without limitation, management's plans and objectives for future operations, assessment of market factors, and statements regarding strategy, plans of the company and its strategic partners, constitute forward-looking statements. These forward-looking statements are not guarantees of the company's future performance and are subject to risks and uncertainties, such as their success in acquiring funding for machinery and materials, maintaining needed government relationships, customers, and successfully executing their business plan, which could cause the company's actual results in the future to differ materially from the forward-looking statements.
Contact:
MOP Environmental Solutions, Inc.
Product Information: Tim Crowley, 1-888-747-2200
tim@mopenvironmental.com
or
Investor Relations: Rick Neild, 1-800-488-4544
rick@mopenvironmental.com
SOURCE MOP Environmental Solutions, Inc.