Leader in the field of electric cars, ZAP recently signed its biggest contract ever. The company will get $79 million to design and build thousands of new vehicles for The Electric Vehicle Company (EVC), a Chicago-based start-up firm that aims to promote economical, non-polluting electric transportation.
EVC will focus on selling electric vehicles to municipalities, distributors, university campuses, auto and recreational dealers, foreign countries and the military. Additionally, the company has the goal of developing the first retail chain committed to the sale of all electric vehicles.
A growing number of U.S. municipalities are willing to take actions to reduce their greenhouse gas emissions. Through their agreement, ZAP and EVC will therefore contribute to this historic effort. ZAP also announced an automotive business plan to produce a new generation of high-performance electric vehicles designed by Lotus Engineering.
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EVC will focus on selling electric vehicles to municipalities, distributors, university campuses, auto and recreational dealers, foreign countries and the military. Additionally, the company has the goal of developing the first retail chain committed to the sale of all electric vehicles.
A growing number of U.S. municipalities are willing to take actions to reduce their greenhouse gas emissions. Through their agreement, ZAP and EVC will therefore contribute to this historic effort. ZAP also announced an automotive business plan to produce a new generation of high-performance electric vehicles designed by Lotus Engineering.