www.zapworld.com/ZAPWorld.aspx?id=566 -
[Cached Version]
Published on: 11/1/2004
Last Visited: 3/13/2007
SANTA ROSA, California (11/1/04) -- Advanced automotive technology company ZAP (OTC BB:ZAPZ) announced today that Mr. Thomas Heidemann, President of Smart-Automobile LLC, has been named to its Advisory Board of Directors.
ZAP CEO Steve Schneider (left) with ZAP's newest advisory board member, Smart-Automobile President Thomas Heidemann, stand next to their latest business venture, the 2-seater 60-MPG Smart coupe.
...
Thomas Heidemann is part of a new business venture between ZAP and Smart-Automobile to market the popular Smart micro-car from Europe, a two-passenger coupe that averages an estimated 60-MPG and is small enough to park in the space of a motorcycle.In May, ZAP signed a $10 million distribution agreement with Mr. Heidemann's Company, Smart-Automobile LLC, for the exclusive U.S. distribution rights for the Smart Car Americanized by ZAP®.
ZAP and Smart-Automobile are preparing to launch marketing and distribution for the car in the U.S. pending federal approval.ZAP has a goal of 150 dealer outlets in 2005 and is planning its first public display for the cars at the San Francisco International Auto Show, open to consumers November 21-28 at The Moscone Center in downtown San Francisco.
Heidemann, a German-born entrepreneur now living in Southern California, moved to the United States in 2001 after realizing that rising gas prices represented a business opportunity to export European innovations and technology.Heidemann noted that the demand for energy efficient products is much higher in Europe with energy prices higher and gasoline as high as $6.00 per gallon in many parts.Since then he has focused on importing the Smart Car to the United States.