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The ZENN Will Make Its Canadian Debut on Saturday, October 4th, 2008 in Saint-Jerome, Quebec |
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Written by Administrator
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Tuesday, 16 September 2008 16:15 |
TORONTO, ONTARIO, Sep 16, 2008 (MARKET WIRE via COMTEX) -- ZENN Motor Company Inc. ("ZMC" or "the Company") ( CA:ZNN: news, chart, profile) is pleased to announce the Canadian debut of its all-electric ZENN in the province of Quebec. Following the announcement by Transport Minister Julie Boulet of a three year province-wide pilot project enabling the sale of low-speed vehicles (LSVs), ZMC has obtained a Retailer license to enable direct customer sales from its factory in Saint-Jerome, Quebec. |
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Zenn stock starts to skyrocket |
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Written by Administrator
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Monday, 30 June 2008 11:06 |
Nicolas Van Praet, Canwest News ServicePublished: Friday, June 27, 2008Gilles Allard, production chief of Zenn Motor Co., still visits his local gas station despite the fact he drives one of the company's gas-less electric cars. As he says, he needs his milk and cigarettes. Allard is a busy guy these days. His small team is building Zenn cars at a factory just north of Montreal at a rate of two to three vehicles a day and counting. Every one of them is being shipped to dealers in the United States for willing buyers. They're still illegal on most Canadian roads. Like other companies selling alternative transportation in an oil-dependent world, Toronto-based Zenn has suddenly become a sexy stock. Its shares have gained 81 per cent over the past three months on the Toronto Venture Exchange despite the fact the company has yet to post a profit. |
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Electric car company Zenn Motor Co. evaluating Canadian expansion |
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Written by Canadian Press
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Monday, 30 June 2008 11:04 |
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Jun 17, 2008 TORONTO — Electric car company Zenn Motor Co. Inc. (TSXV:ZNN) said Tuesday it was evaluating the potential sale of its fully electric vehicles in Canada after a Quebec decision to launch a pilot project to allow low-speed vehicles. Zenn CEO Ian Clifford said the decision was a "significant reversal" to previous regulations that prevented the company from seriously considering sales in Canada. "Expansion into the Quebec market will require the establishment of proper sales and service channels and we are actively assessing this to try and bring the Zenn to Quebec as soon as possible," Clifford said in statement. The company said Zenn cars are currently sold exclusively in the United States and are road-legal in 44 out of 50 states. |
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ZENN Motor Company Reports Second Quarter Fiscal 2008 Results |
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Written by Administrator
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Monday, 02 June 2008 11:14 |
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TORONTO, ONTARIO, May 30, 2008 (MARKET WIRE via COMTEX) ----ZENN Motor Company Inc. ("ZMC" or the "Company") (TSX VENTURE: ZNN) today announced the financial results for the three months and six months ended March 31, 2008. All amounts are expressed in Canadian dollars unless otherwise indicated. Financial Results For the current quarter and six months ended March 31, 2008, gross revenue was $740,748 and $1,641,172 respectively compared to $130,762 and $783,457 in the corresponding prior periods. The Company recorded a provision for rebates in the respective current three and six month periods totaling $94,026 and $299,594 relating to a marketing program initiated in September 2007. Unit sales grew in the current periods to 54 and 123 from 8 and 53 in the comparable prior periods. |
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NDP leader talks green issues |
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Written by Administrator
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Monday, 02 June 2008 11:11 |
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NDP politicians had some comments on the weekend about the state of the environment, both good and bad. Federal NDP leader Jack Layton and other NDP politicians were in town for a northern Ontario NDP policy meeting at Days Inn downtown. First, the bad news about the environment. |
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