But are they a fad? Good question. Considering recent research performed by Business Communications Co. reveals that the U.S. electric vehicle market will grow at a rate of 27 percent through 2005, when it is estimated to become a $7 billion dollar industry -- it's doubtful. ZapWorld, a Nasdaq publicly traded company (ticker ZAPP) and the maker of Zappy, has seen their sales of electric vehicles in 1999 reach $6.5 million and the company's 2000 sales doubled, coming close to $13 million.
ZAP, which stands for "Zero Air Pollution," has created a complete line of electric and inline scooters, bicycles, motorcycles and electric-powered water propulsion products. Contributing to hot sales is the fact that towns in Colorado and California offer $250 rebates to buyers of electric powered vehicles, which makes the total cost of owning your own electric scooter quite reasonable.
The best thing about electric-powered products is that they provide personal transportation without the noise and pollution of gasoline-powered vehicles. They are not going to completely replace cars, of course, but they are starting to change the way people get around in cities, in suburbs and rural areas.
Scooters continue to sell briskly worldwide, not only for use by school children, but also for high school and college students, young adults, ecologically minded commuters and executives. Seniors, too, are a growing segment that wants an inexpensive, safe, ecologically friendly, fun way to go further faster.
For more information, or to order your EV today, visit www.ZapWorld.com.
