E-LOAN Financing for ZAP Cars Now Available

SANTA ROSA, CA – Automotive technology pioneer ZAP (OTC Bulletin Board: ZAPZ) announced today that E-LOAN® (Nasdaq: EELN), an online consumer direct lender, is now providing consumer financing for ZAP’s entire line of energy-efficient automobiles, including the new SMART Car.

“ZAP and E-LOAN are both passionate about providing consumers with efficient products that make their lives better,” said Steve Schneider, Chief Executive Officer of ZAP. “By working with E-LOAN, we’re able to make these automobiles a cost-effective alternative for consumers from financing to the gas pump. We believe that making these vehicles easier to purchase will help advance the cause of a more energy efficient automotive fleet for the US.”