Public company (OTCQB: ) | |
Industry | Automotive |
Founded | 1994 |
Founder | Gary Starr (Co-Founder) Jim McGreen(Co-Founder) |
Headquarters | Santa Rosa, California, United States |
Key people
|
Priscilla Lu (Chairman) Steven Schneider (CEO) Wang Gang (co-CEO) Gary Dodd (President) H. David Jones (COO) William Hartman (CFO) |
Products |
ZAP Alias ZAP Dude ZAP Electric Taxi ZAPVAN Shuttle ZAP Xebra ZAPTRUCK XL |
Revenue | US$-4.07 million (2009) |
US$10.69 million (2009) | |
Total assets | US$13.78 million (2009) |
Total equity | US$3.52 million (2009) |
Subsidiaries | Zhejiang Jonway (51%) |
Website | http://www.zapworld.com/ |
ZAP is an American electric vehicle company that designs, produces and markets vehicles including automobiles, motorcycles, bicycles, scooters, personal watercraft, hovercraft, ATVs, neighborhood electric vehicles and commercial vehicles. The name stands for Zero Air Pollution. The company headquarters are located in Santa Rosa, California.
ZAP Power Systems (for zero air pollution), was launched by Jim McGreen in 1992 with the goal of designing, building and selling innovative electric vehicles. The company was incorporated on September 23, 1994 as ZAP Power Systems of Sebastopol, California, by McGreen, Gary Starr where they started manufacturing electric powered kits and bikes and then later the zappy scooter. In 1993 Automotive News named Starr among the top ten authorities in the electric car industry. He had previous experience with electric cars, including his work at Solar Electric Engineering and U.S. Electricar, which converted hundreds of vehicles including trucks for Ford and General Motors and is currently known as Enova Systems. Starr was involved in electric conversion projects, various production cars and kit cars.
1995 – Manufacture of electric bicycle systems, products included ZAP DX and SX, as well as the ElectriCruiser, PowerBike, S&W Patrol Bike, ZAPTRIKE.
1996 – Launched direct public offering stock, debuted an advanced Tricyclopod, the Zappy folding electric scooter (invented by co-founder McGreen).
1997 – Arrangement with Chinese bicycle companies for ZAP's drive system supply. In April, agrees to sell electric bikes to Brunswick Corp, by May signed a distribution agreement with Fondmetal Export AG export company.
1998 – First electric bike store opened in San Francisco. Starr and ZAP was honored with CALSTART's 1998 Blue Sky Merit Award. CALSTART,"Gary Starr has probably been responsible for the marketing of more EVs than anyone I can think of," said CALSTART CEO Mike Gage. "Responsible for more than 20 thousand, I think that is more than all the tier one automakers."