CANADIAN ELECTRIC CARS: ZENN Expansion

 

ZENN Motor Company Inc. has announced that "is evaluating the potential sale of its fully electric vehicles in Canada in light of the Québec Ministry of Transportation's announcement that it has introduced a province-wide, three-year pilot project that enables Low- Speed Vehicles (LSVs) in the province of Quebec".
 
"This is a significant reversal to the previous legislative hurdles that prevented ZENN Motor Company from seriously considering sales activity in the Canadian market and, as such, the next step for our company is to fully evaluate the market in the context of this new initiative," stated Ian Clifford, CEO of ZENN Motor Company.   

"Expansion into the Québec 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."

 
Québecers can sign up to demonstrate their support for bringing the all-electric ZENN (Zero Emission, No Noise) to Canada.  A waiting list has been established at www.ZENNcars.com whereby consumers can formally state their interest in purchasing a ZENN and receive future e-mail updates as expansion plans progress.  Canadian pricing has not yet been determined, but it is anticipated to be comparable to the ZENN's current MSRP (Manufacturer's Suggested Retail Price) of US $15,995.

 
ZENN is manufactured in Saint-Jérôme, Québec, and according to Clifford, "...this pilot project will further prove the viability of low-speed vehicles in mixed-use environments." 
 
The ZENN is currently sold exclusively throughout the United States.  The ZENN is road-legal in 44 out of 50 states and is used extensively in mixed-use environments.  
 
With a federally regulated maximum speed of 40 km/h, the ZENN is permitted by this pilot project to travel on roads with posted speed limits of up to 50 km/h.
The ZENN two-seater hatchback has a typical range of 50-80 kilometres, can be recharged to 80% capacity in as little as four hours from a completely empty "tank" simply by plugging into a regular wall outlet and has plenty of cargo capacity for a week's worth of groceries or a couple of hockey bags.  The ZENN is the ideal second car for families, or the perfect fleet vehicle for use in Tourism, security applications, parking enforcement, meter reading and more.
 
Businesses and consumers wanting to be first in line to purchase a ZENN in Québec can sign up on the waiting list at www.ZENNcars.com
 

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STRATEGIC/MACRO DAILY INFORMATION for Canadian automotive business

TJAAautoinfo FASTWEBLINK

Wednesday - March 10, 2010

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FOCUS II: "The hot money is on gasoline this season and a lot of hedge funds have bet on it": Traders bet on higher gasoline prices - Reportonbusiness

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CANADA

Toyota offering refunds to customers - TheStar

INTERNATIONAL

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US Cash for Clunkers: Better than we thought - CNNMoney

Toyota to fix more Tundras for rust problems - Reuters

Valeo to Focus on Emissions Technology to Double Sales by 2020 - Bloomberg

Tuesday - March 09, 2010

FOCUS: Exclusive: Toyota to cut steel price for suppliers - Reuters

FOCUS II: Cadillac Distances Itself From GM to Escape Bankruptcy Stigma - BusinessWeek

FOCUS III: Runaway Toyota Prius stopped by US highway patrol - Guardian

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Japan carmakers studying brake override system - Reuters

Buffett-Backed BYD Targets Toyota - BusinessWeek

California to amend 'cool cars' rule - DetroitNews

Toyota Says Acceleration Test Cited in Congress Isn't Realistic - Bloomberg

Monday - March 08, 2010

FOCUS: BYD Plans to Start European Car Sales Next Year - Bloomberg

ECONOMIC FUNDAMENTALS - CURRENCIES: China central bank chief: Yuan policy to change, but not yet - MarketWatch

ECONOMIC FUNDAMENTALS II  - JAPAN/DEBT: Why the sun looks poised to set on Japan's era of cheap government debt - Daily Telegraph

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Toyota chief says sees U.S. sales recovery ahead - Reuters

Mitsubishi Motors, Peugeot Finalize Electric Car Pact - Bloomberg

GM CEO Whitacre flying on AT&T jets - DetroitNews

Toyota's apologies make way for sales - TheStar

Weekend - March 06, 2010

FOCUS: Allan Rushforth, Hyundai Motor Europe - Just-Autos

FOCUS II: Toyota Plans Event Challenging Professor's Electronics Study - Bloomberg

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GM Canada urged to reinstate some dealerships - Reportonbusiness

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Russian Cash-for-Clunkers May Flounder on Corruption, Red Tape - Bloomberg

The legend of Lutz - CNNMoney/Fortune

US House committee wants more details from Toyota - DetroitNews

Mercedes-Benz hit with large 'lemon law' judgment - TheStar

General Motors Plans to Reinstate 661 Dealers to Shore Up Sales - BusinessWeek

GM Names Russo Lead Director, Pays Girsky $5 Million - Bloomberg

Toyota joins Clean Energy Partnership, helps build new H2 stations - Autobloggreen

Friday - March 05, 2010

FOCUS: "There's a glitch in either the computer, the software or the electronic system, and they haven't been able to narrow it down": Toyota Owners File 60 Complaints After Recall Fixes - Bloomberg

FOCUS II: "Books of Knowledge": Panel head under fire over Toyota documents - DetroitNews

FOCUS III: "Down there in the mud, you have to howl with the wolves and cut costs big time": Geneva Motor Show: Green reality bites - Telegraph

ECONOMIC FUNDAMENTALS - DEBT: "One imminent battle will be between taxpayers and public-sector workers": Sharing the pain - The Economist

ECONOMIC FUNDAMENTALS II - DEBT: Canada budget tackles deficit, averts election - Reuters

CANADA

Canada Dollar Fluctuates as Ivey Index Rises Less Than Forecast - Bloomberg

Canada declared a tariff-free zone - TheStar

INTERNATIONAL

Toyota Rebuts Professor's Study Suggesting Flaws in Electronics - Bloomberg

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US: Buyers nibble at Toyota's bait - CNNMoney

UK: New car registrations up 26% on February 2009 - Guardian

Geely deal presents big opportunities for Volvo - Just-Auto

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