Is Zap a successful electric car company?



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    According to its Web site, ZAP is a leading distributor of affordable, efficient, 100% electric vehicles in the United States and has established a network of licensed automobile dealers throughout the United States. Its recent sales figures have certainly been successful, with sales reaching $5 million at the beginning of 2008 and record-breaking August 2008 sales figures of $737,000 in that month alone. Yet some say that Zap spends more time and energy on hyping vaporware (technology that fails to materialize) and its stock than actually building functional vehicles.

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