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ZAAP news

BEIJING -- (MARKETWIRE) -- 06/19/07 -- Electric transportation pioneer ZAP (OTCBB: ZAAP) will showcase its complete line of electric vehicles at CIEPEC, the tenth annual China International Environmental Protection Exhibition, June 21-24 at the China International Exhibition Center in Beijing.
CEIPEC 2007 is a trade fair for environmentally friendly products from around the world. The conference is organized by CAEPI (China Association of Environmental Protection Industry) to raise awareness about green technologies for introduction to consumers in China.
ZAP will be showcasing its line of electric vehicles, all of which are made in China. These include electric scooters, ATVs, cars and trucks, which are all exported to the USA and other countries in the Americas. ZAP Chairman Gary Starr says electric transportation is vital for the health and well being of the Chinese economy and the world.
"The market for gas-powered vehicles is exploding in China," says Starr. "This will not be good for China's air quality, but will also have an adverse effect on world oil supplies. Now is the time for China to make the move to electric vehicles."
Starr noted that China is the world's second largest market for cars and commercial vehicles combined, second only to the USA. Its car population grew from about four million in 2000 to 20 million in 2006. While pressure is mounting on China to curb its CO2 emissions, passenger car sales will probably maintain at a growth rate of not less than 25 percent per year.
While China has experienced spectacular economic growth, it has also brought air pollution levels that are blamed for a variety of illnesses and premature death. Starr cited statistics supporting the use of electric vehicles in China. Electric vehicles can eliminate 90 percent of pollutants related to automobiles, even after counting the emissions from electric power plants. An electric car in place of a gas car can prevent 10,000 pounds of greenhouse gases from entering the atmosphere. Vehicles are a leading source for air pollution and one of the largest consumers of oil in China. Recent satellite data has revealed that Beijing is the air pollution capital of the world. According to European satellite data, pollution in the sky over China has increased by 50 percent over the past decade. China is now the world's second largest producer of greenhouse gases and the World Bank has warned that China is home to 16 of the world's 20 most polluted cities.
Starr will be joined by Mr. Yong Jiang, representing Shandong Jindalu, manufacturer of the XEBRA electric sedan and truck for ZAP. Last year the two companies signed a strategic partnership agreement to fight global warming through the manufacturing and marketing of electric vehicles in addition to planting one million trees worldwide by 2010. To learn more, visit http://www.zaptrees.org.
"We are here to welcome distributors, technology partners and potential employees to join us in making electric vehicles a mainstream in China," said Starr.