ZAP Unveils Electric Car Rental Program

SEBASTOPOL, Calif. -- Working in conjunction with Global Electric Motorcars LLC, a DaimlerChrysler Company, ZAP announced it will be renting neighborhood electric vehicles throughout California.

On July 1, ZAP completed mergers with Voltage Vehicles and RAP Group Inc., two companies involved in automotive marketing and distribution. Founded in 1994, the publicly owned ZAP markets many forms of advanced transportation and helped pioneer the market for light electric transportation.

ZAP will be soliciting rental agencies and other locations for the new program. Neighborhood electric cars are a category of 25-mile-per-hour automobiles designed for short trips in urban areas, planned communities, commercial zones or tourist districts. The smaller, low-speed electric cars are a new alternative in places concerned with air and noise pollution, high fuel prices, traffic congestion or parking shortages.

Those interested in participating in the rental program can get special incentives, including a 10% federal tax credit, accelerated depreciation, a share in the rental income as well as being secured by ownership in the electric car.

ZAP will operate the rental management company, handling all insurance and processing. Rental companies that participate can receive vehicles at no cost as well as share in the rental income.

The first location opened this week on Balboa Island in Newport Beach, Calif., with more tourist locations expected in the coming weeks. For more information on ZAP's new electric car rental program, visit http://www.zapworld.com/ or call (800) 251-4555.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Car Rental Rates Up, Fleet Sales Down — Correlation?

Car rental companies’ recent fleet discipline is needed now more than ever.

Hertz, Avis Autonomy Partnerships: Good First Steps on a Long Path

Two new autonomous vehicle project partnerships bring the importance of fleet management to the fore.

An Inside Look at Car Rental in China

A trip to a new car rental convention in Guangzhou reveals a booming market, yet one facing unique challenges.

Job Finder: Access Top Talent. Fill Key Positions.

>