ZAP (Zero Air Pollution) (zaap.ob)
Automotive
- Gloomy Oil Predictions: To balance worldwide economic growth with weak oil supply growth, oil prices will rise 14% in the second half of 2008, according to investment bank Goldman Sachs. In a report released May 16, Goldman Sachs said the price surge is needed to balance global gross domestic product growth of 3.8% against oil supply growth of just 1%. The bank's average second-half 2008 West Texas Intermediate price forecast is now $141/bbl, up from a previous estimate of $107/bbl, an increase of 32%. (Source: Oil and Gas Journal). Goldman analyst Arjun N. Murti stated, "the possibility of $150-$200 per barrel seems increasingly likely over the next six-24 months…" (Source: Bloomberg.com). In his 2006 State of the Union Address, President George W. Bush admitted, "America is addicted to oil." However, he was hopeful for a solution, stating, "The best way to break this addiction is through technology." ZAP is convinced that its unique products offer a realistic solution today, with the potential to offer a realistic alternative to the cycle of dependence on non-renewable fossil fuels that are susceptible to unpredictable market fluctuations, and are often imported from politically unstable regions.
- Exciting Opportunities: ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.
- Unsustainable Usage Patterns: There is a pressing need for new sources of energy, with transportation fuels expected to account for almost 57% of total world oil consumption by 2020, prompting both federal and state legislation to support alternative fuel research (Source: Energy Information Administration). Oil and gas currently account for more than half of global energy supply, and fossil fuels are expected to continue to be the main source for world energy well into the 20th century (Source: International Energy Agency). Oil production is in decline in 33 of the 48 largest oil producing countries (Source: Worldwatch Institute), but energy demand is increasing around the globe, and by 2020, some predict that the world's energy consumption will be 40% higher than it is today (Source: World Energy Outlook 2004). The total global oil and gas consumption is 127.8 million barrels per day, or 1,480 barrels per second (Source: OPEC.org).
Company Contact Information
501 Fourth Street
Santa Rosa, CA, 95401
USA
- Phone:707-525-8658
- Fax:707-525-8692
- E-mail:info@investsourceinc.com
On-line contact form
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