US-China Electric Car Joint Venture to Hold Meetings at ZAP in California
Electric car manufacturer ZAP (OTCBB: ZAAP) announced today that officials from its new US-China joint venture will be in California over the next few weeks to move ahead with plans to manufacture electric and hybrid cars, buses and trucks.
"Part of the meeting is to identify the potential key partners that would provide suitable and proven technology for the electric vehicles while using California as a springboard for the wide adoption of electric drive vehicles for the rest of the world," said Albert Lam, former CEO of Lotus Engineering and Chairman to the joint venture between ZAP and Youngman Automotive Group.
Last month ZAP signed a joint venture with Youngman for electric and hybrid cars, buses and trucks. Representatives from Youngman will be attending the meetings to be held at ZAP's Santa Rosa Headquarters and Beverly Hills.
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"Part of the meeting is to identify the potential key partners that would provide suitable and proven technology for the electric vehicles while using California as a springboard for the wide adoption of electric drive vehicles for the rest of the world," said Albert Lam, former CEO of Lotus Engineering and Chairman to the joint venture between ZAP and Youngman Automotive Group.
Last month ZAP signed a joint venture with Youngman for electric and hybrid cars, buses and trucks. Representatives from Youngman will be attending the meetings to be held at ZAP's Santa Rosa Headquarters and Beverly Hills.
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posted by anthony m, at Tuesday, October 16, 2007
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