Alcohol-Gas-Electric ''Trybrid'' Microcar at New York International Auto Show; Additional Consumer Products and Efficient Vehicles Will Also Be Featured
NEW YORK--(BUSINESS WIRE)--April 13, 2006--Automotive pioneer ZAP (NYSE Arca:ZP)(PCX:ZP) announced today that the OBVIO ! 828, a Brazilian concept car utilizing "trybrid" technology -- gasoline, electricity, and alcohol -- will be on view at the New York International Auto Show, which runs April 14-23, 2006 at The Jacob K. Javits Center in New York City.
Unlike the current gas-electric hybrids, ZAP says its "trybrid" designs run on three sources of energy: gasoline, electricity, and alcohol. ZAP has contracted with OBVIO ! for exclusive US distribution of Brazilian-made automobiles.
"The New York International Auto Show is the ideal opportunity for introducing the OBVIO ! to forward-thinking drivers, media and investors. Americans are recognizing the importance of multi-fueled, environmentally friendly, and fun vehicles. Additionally, Brazil is gaining recognition as a leader in gas-ethanol engine technologies and conserving natural resources. The OBVIO ! is a prime illustration of these concepts. Fuel-efficient vehicles are playing an increasing role on the highways and in our society. Through ZAP's automotive portal, we are pleased to offer consumers overseas vehicles, like the OBVIO !, for use in the US," remarked Steve Schneider, CEO of ZAP.
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