ZAP lands $25M, branches into full-size electric vehicles | VentureBeat

ZAP lands $25M, branches into full-size electric vehicles | VentureBeat

GAMES.VENTUREBEAT.COM - ZAP, a company known for building electric motorcycles and three-wheel cars, has just raised $25 million in capital, and plans to use the money to jump headlong into full-size electric vehicles. To buoy this effort, it is also seeking $200 million in stimulus loans from the U.S. Department of Energy.Santa Rosa, Calif.-based ZAP is uniquely positioned for several reasons. Due to its well-developed...

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