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electric car inverter $10 million invested in Zap electric cars

by:KEBO      2019-11-16
Zap, the 14-year-Old Santa Rosa electric is getting a $10 million cash injection, while Kentucky is also trying to build a manufacturing plant there.The Zap sedan in the foreground and the Zap Truck in the background grand opening in the electric green car showroom of Hilts Automotive, 963 H Industrial Road, San Carlos, California.The photos were taken on Thursday, October.2007, located in San Carlos, California.LessZap, month-year-Old Santa Rosa electric is getting a $10 million cash injection, while Kentucky is also trying to build a manufacturing plant there.The Zap sedan in the foreground and the Zap Truck in the background grand opening in the electric green car showroom of Hilts Automotive, 963 H Industrial Road, San Carlos, California.The photos were taken on Thursday, October.2007, located in San Carlos, California.LessZap, which produces electric vehicles by Santa Rosa, an entrepreneur from Dubai invested $10 million in Gulf region companies, meanwhile, officials in Kentucky are encouraging the company to move factories from China to Bluegrass State --This could return between 500 and 1,000 manufacturing jobs.It's just another day in the life of the global economy, and soaring oil prices have injected billions of dollars into the coffers of savvy Middle East businesses, although American consumers seem to be eager for 4-buck-a-gallon gas.Steve Schneider, Zap's chief executive, said that the money injected by Al youusuf group will drive the production of its three giants.Two forms of wheeled Xebra electric vehiclea four-A car and two cars.Light pickup seatThis seems to find a market among those willing to accept a top speed of 40 mph or more."Gas prices are driving it," Schneider said ." He said that the company has delivered more than 1,000 Xebras, which are now operated by Shandong jindalu Automobile Co., Ltd.In China before being shipped to Santa Rosa for final assembly and testing.Despite the small number of deliveries so far, Schneider says the potential appeal of these slow but silent cars has drawn interest from Al Yousuf Group, a privately held Dubai engineering Group, seek investment from California companies.He said Zap now has a backlog of $10 million and has been allocated to pay for past orders, but the Dubai company --Al Yousuf, who recently became president of ZapMore has been promised to meet demand.While funding flows from the Middle East, Schneider said that Santa Rosa has been actively sought after by integrity manufacturing chief executive Randall Waldman, who has been lobbying Kentucky lawmakers to secure a 1-million-square-Foot Factory in bulit County, near the city of Wisconsin, for the manufacture of Xebras.According to the embassy newspaper inJournal of the Kentucky governmentOn Tuesday, Steve Bethel stood with Zap and upright officials at a press conference and said, "We are working very hard...About the possibility of building a manufacturing factory here."The Courier-Magazine also said the plant will make 500 1,000 A employment opportunity first from up to 2,500 more than and 2009 the end of the year begin to operation.A government spokesman.Arnold Schwarzenegger noted that California has recently stepped up incentives for Tesla Motors, which makes electric sports cars for up to $60,000, made in the state rather than in New Mexico."Encouraging businesses to come to California is a top priority for the governor," spokesman Camille Anderson said ."."Tesla will move to California, partly because of zero.Emission car incentives provided by the state.Jeff Schneider, manager of Voltage Vehicles, Fulton electric vehicle dealer, said he sells four or five of the $12,000 Xebras a month --If he can get it, he can sell more.Arlene McKeown-McIntyre, who runs cleaning services in ukaya, bought two Zap Electric trucksDepending on whether there is one or two passengers, it is possible to carry between 300 and 500 pounds-At the end of last year, Schneider used them to clean the bathroom in the mendoxino Lake entertainment district.She said they charge about four hours later, about 20 miles each time, and she spends about $30 a month on the electricity billIt's about 10% of the fuel cost of her traditional truck."I like them," said Macon --McIntyre with them.Putter on the streets of yukaya, but dare not ride on the highway.
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