Calif co bids for unplugged Ford electric car unit

Newswire

By Andrew Quinn SAN FRANCISCO, Oct 31 (Reuters) - Zap , a California maker of electric bikes and scooters, said on Thursday it had made a $10 million offer to buy Ford Motor Co's Think electric vehicle division, which the auto giant scrapped this year due to poor demand. "Zap's prime business is the high technology -- the electric vehicle transportation business -- that is our only business," Gary Starr, Zap's chairman, told Reuters. "There is demand for electric vehicles, but it ...

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