ZAP Launches Sale of Plug-In Hybrid Electric Car, Tests Show up to 120 Miles per Gallon

Mon Mar 10, 2008 7:00am EDT

* Reuters is not responsible for the content in this press release.

 Electric car pioneer ZAP (OTCBB: ZAAP) is now offering plug-in hybrid
conversion systems for the Toyota Prius and Ford Escape Hybrid through a
collaboration agreement with Hybrids Plus.

    Hybrid vehicles retrofitted with systems from Hybrids Plus of Boulder,
can achieve a significantly greater fuel economy. In tests these systems
increased hybrid fuel economy up to 120 miles per gallon in the city and up
to 90 mpg on the highway. The cost for the conversion ranges from $24,000 to
$36,000 depending on the vehicle and size of battery pack.

    All gasoline electric hybrids currently produced by major automakers today
essentially gasoline-powered vehicles. They reduce emissions and improve fuel
efficiency compared to conventional cars, however they are fueled exclusively
by gasoline. The plug-in hybrid electric vehicle (PHEV) will allow the owner to
charge their vehicle from a normal household wall outlet. By integrating a
larger battery pack and a plug-in charging system, it becomes a new vehicle
drawing energy from two fuel sources.

    Hybrids Plus has sold PHEV systems to private individuals, fleets, power
companies, and governmental entities. Deliveries can be provided in
approximately four weeks from the initial order.

    "This is a natural extension of our growth plans," said Hybrids Plus CEO
Lawrence. "ZAP has sold more city speed electric vehicles than any other
company and has an established, growing dealer network that can provide sales
and service for our vehicles."

    "This collaboration allows more hybrid owners to have the most efficient
on the road today," said ZAP CEO Steve Schneider. "ZAP dealers are preparing
to offer a new level of service in the coming years involving mass-market hybrid
and electric cars from Detroit Electric, so experience with plug-in hybrids can
accelerate this process."

    About ZAP

    ZAP has been a leader in advanced transportation technologies since 1994,
delivering over 100,000 vehicles to consumers in more than 75 countries.
Atthe forefront of fuel-efficient transportation with new technologies including
efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other
innovative power systems, ZAP has a joint venture called Detroit Electric to
manufacture electric and hybrid vehicles with Youngman Automotive Group, one
of China's leading manufacturers of buses and trucks. Detroit Electric is
developing a freeway capable electric vehicle called the ZAP Alias in
collaboration with Lotus Engineering. ZAP is also developing a new generation
of vehicles using advanced nanotech batteries with Advanced Battery
The Company recently announced a strategic partnership with Dubai-based Al
Group to expand its international vehicle distribution. ZAP also makes an
innovative, new portable energy technology that manages power for mobile
electronics from cell phones to laptops. For product, dealer and investor
information, visit

    About Hybrids Plus

    Hybrids Plus, Inc., a privately held corporation in Boulder, CO, converts
hybrid-electric vehicles into plug-in hybrid-electric vehicles (PHEV). The
company is also a leader in vehicle to grid (V2G) technology, which allows
battery energy stored in a PHEV to be fed into the electrical grid or a
stand-alone house. It is deploying the first V2G fleet in the world in
collaboration with a major electric power utility. Hybrids Plus is presently
the second largest PHEV conversion company in North America, and it has the
PHEV conversion technology that is the most seamlessly integrated into the
vehicle. It currently converts the Toyota Prius and the Ford Escape Hybrid, and
may soon be offering a Toyota Highlander Hybrid conversion. For more
information, visit

    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 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

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Alex Campbell

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