ZAP, Inc (ZAAP.OB) Sells 614 Electric Cars Following Largest Dealer Seminar
ZAP, Inc (ZAAP.OB) announced that the company has added six new electric car dealers during the beginning of year 2008. Together, all dealers have signed purchase orders totaling 614 Xebra sedans and trucks. Specifically, all purchase orders are non – refundable, legally binding contacts for a mixture of ZAP Xebra electric sedans and trucks. The orders also include the Zapino, ZAPPY3 PRO, ZAPPY3 EZ and the ZAP Mid-Sized ATV. Overall, the total value of purchase orders amount to $5,127,850. ZAP's CEO, Steve Schneider, expects more dealers to join their distribution network shortly. The company currently has 54 dealers within the…