Electric Vehicle pioneer ZAP and New Fuel Systems, Inc. recently announced that 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 Olympic games that are scheduled to take place in Whistler, British Columbia. According to bompany 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. Both companies feel that combining their strength will help this vision become a reality at a much faster 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. For more information about Zap's current offering of electric vehicles or the partnership with New Fuel Systems, Inc., visit the company's Web site. |