Monday, June 25, 2007

ZAP announces mysterious high-performance electric car

ZAP (which stands for Zero Air Pollution) announced another new entry to its electric car stable, an as-yet-unnamed sedan that will apparently sell for $30,000. The California based company claims their new model will reach a top speed of 100 mph, and will have a 100-mile range between charges. But here's where this story gets really interesting: ZAP announced a different model back in January which still hasn't seen the light of day, and AutoblogGreen questions whether the company has been using press releases as a method of increasing their stock price for short term cash-flow. Competitors like Tesla have prototypes on the road, but no such luck with ZAP, which certainly raises a number of questions, and definitely gets you thinking about the word vaporware. Read -- ZAP press release Read -- AutoblogGreen's take on ZAP