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| ZAP Receives $1 Million Initial Electric Car and Vehicle Order From Canadian Distributor New Fuel Systems Inc. |
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SANTA ROSA, Calif. & VANCOUVER, British Columbia--Electric Vehicle pioneer ZAP and New Fuel Systems Inc. today announced they have signed a distribution agreement for Canada, sparked in part by Canada's commitment to reduce greenhouse gases under the Kyoto Protocol.
Under the agreement, New Fuel Systems Inc. has agreed to the initial purchase of $1 million ($1,000,000) worth of ZAP electric vehicles, including ZAP electric cars, trucks, mopeds, scooters and other electric vehicles. New Fuel Systems plans to open retail locations throughout Canada and showcase electric transportation during the 2010 Winter Olympics being planned for Whistler, British Columbia.
According to Company officials: ZAP and New Fuel Systems Inc. share a common goal to increase the awareness and sales of electric vehicles, including automotive and consumer vehicles, while contributing to the reduction of carbon emissions and greenhouse gases. With the combined goals and strength of these two companies, this vision can become a reality at a much greater pace.
The Canadian Government signed the “Kyoto Protocol” which binds them under international law to reduce greenhouse gases. Officials from ZAP and New Fuel Systems believe this opens up tremendous opportunities in Canada and the world for environmentally friendly alternatives like ZAP's “zero emission” electric vehicles.
New Fuel Systems Inc. is located in Vancouver, British Columbia, a port city on the west coast of Canada. New Fuel Systems says Vancouver is a multicultural city in a province that is considered to be the most environmentally and socially conscious province in Canada. World attention will be focused on the 2010 Winter Olympic Games, which will be held in Whistler, just North of Vancouver, and are being promoted as the first ever “Green” Olympic Games. The California Senate and British Columbia government are working together to achieve “emission reductions” programs and “green consciousness.” It is the mission of ZAP and New Fuel Systems Inc. to promote, market and utilize “ZAP Electric Vehicles” before, during, and after this major event while at the same time promoting the agenda of the California Senate and BC Government. Canada is a vast country with an “environmentally conscious" population; therefore ZAP and New Fuel Systems believe Canada will be eager to receive the vehicles they have to offer.
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Source : http://www.theautochannel.com
(8/21/2007)
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