ZAP SIGNS ATV DISTRIBUTION PACT WITH SMART-AUTOMOBILE.

Transportation pioneer ZAP (BULLETIN BOARD: ZAPZ), Santa Rosa, Calif., is rolling out a new line of electric-powered all-terrain vehicles (ATVs), including two four-wheeled models that the Northern California company believes are the first production ATVs available in the world.

ZAP has signed an exclusive agreement with SMART-Automobile LLC to distribute a new 60-MPG city coupe in the United States through its ZAP Automotive Division.

ZAP is calling them ATZs, or All-Terrain ZAPs, part of a new series of off-road electric vehicles. Recently, ZAP introduced the MBZ, which ZAP ...