SANTA ROSA, Calif., June 2 /PRNewswire-FirstCall/ -- Advanced technology vehicle company ZAP (BULLETIN BOARD: ZAPZ) is auctioning off one of the first SMART cars available in the United States on eBay. Visit http://www.ebay.com/ and use the keyword 'SMART CAR' to bid on the car, or visit the following URL address, http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&rd=1&item=2480916562& category=6472&sspagename=WDVW .
With over 120,000 SMART cars sold in Europe and gas prices at record highs, the popularity of the economical, internal-combustion car is now generating consumer interest in the States. In May ZAP signed a $10 Million purchase agreement with SMART-Automobile LLC to be the exclusive distributor and licensed manufacturer in the United States for the 60-MPG SMART Car. While ZAP has not initiated sales for the SMART car yet, news of the car coming to the U.S. has attracted many who have been waiting to buy them, some of them for years. In about a week, ZAP says that over 700 people have visited its website at http://www.zapworld.com/ to pick their favorite colors and put their name on a waiting list for sales information.
The SMART cars will be distributed in the U.S. through selected ZAP auto dealers, specializing in advanced technology vehicles, including more fuel-efficient automobiles powered by gasoline, electric and other fuels. Reports indicate that SMART cars can achieve up to 60 miles per gallon in fuel economy, rivaling even hybrid gas-electric cars, making it one of the most fuel-efficient internal combustion automobiles in the world.
SMART-Automobile LLC is an independent, privately-held company that oversees the direct importation and modification of automobiles to meet U.S. standards.
About ZAP
ZAP has been a leader in cleaner transportation technologies since 1994, delivering more than 85,000 vehicles to customers in more than 60 countries. A public company, ZAP is traded on the Over-the-Counter stock exchange under the symbol ZAPZ. The company offers a variety of advanced technology vehicles, including cars, bicycles, scooters, motorbikes, underwater scooters and more. For more information, visit http://www.zapworld.com/ or call 707-525-8658.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. 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 Commission.