First SMART Car in U.S. Available to Buy on eBay from ZAP
December 03 2004 - 12:46PM
PR Newswire (US)
First SMART Car in U.S. Available to Buy on eBay from ZAP SANTA
ROSA, Calif., Dec. 3 /PRNewswire/ -- Advanced automotive technology
pioneer ZAP (OTC:ZAPZ) (BULLETIN BOARD: ZAPZ) is auctioning off the
most fuel-efficient car in the U.S. on eBay, the new 60-MPG SMART
Car. This will be the first federally compliant SMARTCAR available
to U.S. consumers. ZAP is organizing U.S. marketing and
distribution for the new two-passenger car that has created
worldwide interest since its European release in 1998. To bid on
the SMART Car Americanized by ZAP(R), visit http://www.ebay.com/
and use the keyword 'SMART CAR' to bid on the car. With over
500,000 SMART cars sold outside the U.S. and gas prices at record
highs in 2004, the popularity of the economical,
internal-combustion car is now generating consumer interest in the
States. ZAP unveiled the SMART Car to U.S. consumers last week at
the San Francisco International Auto Show, announcing that the U.S.
Environmental Protection Agency has issued a Letter of Conformity
for the 60-MPG car. The regulatory approval clears the way for ZAP
to begin U.S. sales for the car. News of the car coming to the U.S.
has attracted many U.S. consumers who have been waiting to buy
them, some of them for years. At the same time, dealers across the
country are lining up for the chance to sell the cars. The SMART
cars will be distributed in the U.S. through selected ZAP auto
dealers, specializing in advanced technology vehicles, including
more fuel-efficient automobiles powered by gasoline, electric,
hydrogen fuel cell as well as other fuels. Reports indicate that
SMART cars can achieve up to 60 miles per gallon in fuel economy,
rivaling even hybrid gas-electric cars, making it one of the most
fuel-efficient internal combustion automobiles in the world. About
ZAP ZAP has been a leader in clean transportation technologies
since 1994, delivering more than 85,000 vehicles to customers in
more than 60 countries. A public company, ZAP is traded on the
Over-the-Counter stock exchange under the symbol ZAPZ. The company
offers a variety of advanced technology vehicles, including
electric cars, bicycles, scooters, motorbikes, underwater scooters
and more. For more information, visit http://www.zapworld.com/ or
call +1-707-525-8658. 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. ZAP purchases its
vehicles from direct importer Smart-Auto LLC under a 10-year
exclusive contract. Forward-looking statements in this release are
made pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. 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 upon 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: Alex Campbell of ZAP, +1-707-525-8658,
ext. 241 Web site: http://www.zapworld.com/
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