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zap debt


San Jose paper says Zap might soon climb out of debt, but that doesn't make it true...

Who wasn't impressed with Zap back in April when they announced a $79 million order for their electric vehicles? It was great news, but the more we thought about it, the more it seems fishy. We often take Zap a little less seriously than other companies because, while we certainly can't deny the existence of their Xebra three-wheeled cars or their cool electric scooters, all Zap products that aspire to be anything more than a niche vehicle have - so far - been nothing more than a series of press releases and some computer-rendered images. ... Read more →

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