ZAP (ZAAP.OB) is at the Forefront of an Emerging Market
It is no secret that America and the rest of the world are heading toward a brick wall with regards to traditionally-powered automobiles. For decades, the idea of electric engines replacing current motor technology seemed far-fetched; but no more. Since 1994, ZAP has been an industry leader in alternative transportation technologies ranging from hybrid systems to hydrogen, ethanol, and fully-electric vehicle concepts. Their partnerships include a joint venture with Youngman Automotive, China's leading bus manufacturer which they call Detroit Electric, and design-collaboration with Lotus Engineering. In 2002, ZAP acquired Voltage Vehicles in a move which proved exponentially beneficial to distribution…