Tuesday, December 1, 2009

Not-so-shocking admission: Zap kills Xebra, slows development of Alias

Filed under: EV/Plug-in, Zap, USA


Our sleuthing colleagues over at The Truth About Cars have dissected electric car maker Zap's latest 10-Q filing, and they unearthed the following little tidbit: "The decrease of $1.5 million (in revenue) is primarily due to the phase out of our three wheeled Xebra vehicle with reduced selling prices."
We can't say that we're particularly shocked that Zap has found it difficult to continue moving its little three-wheeled XebraSource: AutoblogGreen RSS Feed

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