ZAP (ZAAP.OB) Launches Shipments of Electric Zaptruck XL in Hopes of Meeting U.S. Government Demand
Since 1994, ZAP has delivered more than 100,000 vehicles to consumers spread throughout 75 countries. The company’s line of electric vehicles includes electric city cars, trucks, motorcycles, scooters and ATVs. The company today announced it has started shipping its Zaptruck XL electric LSV orders to several U.S. military bases throughout the United States, as well as abroad, responding to the U.S. Government’s public announcement that it plans to buy more than $300 million worth of energy efficient vehicles. Steve Schneider, ZAP’s CEO, said that the XL qualifies for the Federal tax cut in President Obama’s stimulus plan, making the XL’s…