Zap Lotus Team Up on Electric Crossover SUV

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Zap, Lotus Team Up on Crossover SUV

Back when Engineering showed off its Aluminum Crossover (APX) concept car at the show last year, assumed it was a showcase for the company’s lightweight architecture, and nothing But news hit the wire this that Lotus will use crossover SUV as the basis for a joint with ZAP, the company came to prominence last for federalizing Smart cars and them in the US, despite being by DaimlerChrysler. The companies say the all-electric will challenge the Tesla sportster in performance, with the of 644 hp and a top speed of 155 mph — and a range of 350 miles on a No word on price, but the prototype show up at the North American Association (NADA) annual and leisure-suit exhibition. – Mike

Press Release:

The ZAP-X Electric Car — 155mph, 644 Based on the APX Technical Demonstrator Designed Developed by Lotus

ZAP-X features all wheel 10 minute recharge time, a 350 Range and will be the center of the NADA Exhibition, February 3rd to

LAS VEGAS, Jan. 30 /PRNewswire-FirstCall/ — pioneer ZAP (BULLETIN BOARD: today announced plans to Lotus Engineering’s advanced APX car at the North American Dealers (NADA) annual meeting and February 3 to 6, 2007, confirming choice to move ahead Lotus’ revolutionary platform and structure design as the basis for the of the high performance electric

ZAP and Lotus Engineering will the first phase of an engineering to use the British consultancy’s APX (Aluminum Crossover) as a basis for designing a electric all-wheel drive high performance vehicle for ZAP in the USA

A combination of the lightweight aluminum architecture, a new efficient drive and battery management systems is to enable a range of up to 350 miles charges, with a rapid recharging time. An auxiliary unit is planned to support distance journeys.

Lotus’ conventional gasoline V6 engine be replaced by revolutionary in-hub motors, delivering 644 horsepower in all drive mode, theoretically of powering the ZAP-X to a potential top of 155mph. A new strong, lightweight and efficient structure based on the technology is planned to give the car a attractive power-to-weight ratio.

Steve Schneider, CEO of ZAP, Lotus Engineering’s APX technology vehicle is a perfect fit for our plans to a full product portfolio of cars. Due to the initial design by our cost and time to production be significantly reduced. We believe the ZAP-X will become the advanced, most practical and appealing flagship electric to date and will revolutionize the providing the driver with the of a sports car and the practicality of an SUV.

Kimberley, CEO of Group Lotus said: Lotus Engineering’s APX is a innovative concept and was developed to real solutions to new challenges the automotive industry. So it’s satisfying that ZAP’s new model will make use of a deal of the APX concept’s advanced structure and chassis technology. The together of these next-generation technologies represents another step forward for automotive

The APX showcases Lotus Engineering’s Vehicle Architecture technology, lightweight aluminum vehicle with exceptionally strong and structural rigidity, as well as manufacturing investment requirements. first been shown to the at the Geneva motor show in the APX concept has won the 2006 European Awards in the Transport and Automotive

The innovative placement of the power leaves the space previously by the conventional engine and drive for additional battery capacity and making it a very consumer-oriented car concept. These design will give the ZAP-X the structural strength, and potentially and range that no electric has yet achieved publicly.

The development is proposed to be managed from a new of excellence for research and development of vehicle designs and technologies. input will come Lotus Engineering Inc, and the technology consultancy’s other RD in the UK, Malaysia and China.

About Lotus Engineering


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Engineering has been behind the and construction of some of the most cars in history and is one of the world’s automotive consultancies with centers in Asia, North and Europe.

Employed by many of the car manufacturers, Lotus Engineering a strong tradition of excellence in the business with cutting-edge expertise, and talented, visionary Lotus Engineering offers engineering services capable of a project from initial and product design, through testing and prototype build, as as production and production support.

is one of only two OEMs that has in designing, developing, manufacturing and its own products offering this of expert services to third This gives Lotus a respected premium position in automotive industry. For more visit www.grouplotus.com.

About ZAP

ZAP currently markets the only electric car and truck available in the States through a new automotive portal marketing a complete of advanced technology vehicles. authorized auto dealer will offer sales, and parts distribution for the lineup of being developed by ZAP and its strategic in Europe, Asia and South

ZAP has been a leader in advanced technologies since 1994, nearly 100,000 vehicles to in more than 75 countries. ZAP is at the of fuel-efficient transportation with new including energy efficient gas hydrogen, electric, fuel alcohol, hybrid and other power systems. For more visit http://www.zapworld.com/ .

Forward-Looking

Statements in this press that relate to future or projected results of ZAP are forward-looking within the meaning of Section 27A of the Act of 1933, as amended by the Private Litigation Reform Act of 1995 PSLRA), and Section 21E of the Securities Act of 1934, as amended by the PSLRA, and all statements fall under the harbor provisions of the PSLRA. actual results may vary from those described in any statement due to, among other reasons, the continued acceptance of products, increased levels of new products and technological changes, dependence on third-party suppliers, property rights, and the realization of any of the risks described in ZAP’s Report on Form 10-KSB, or in any of other filings with the and Exchange Commission. Readers of press release are cautioned not to put reliance on forward-looking statements.

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