ZAP has placed a purchase order for $1 billion worth of Smart Cars with smart GmbH.
ZAP is waiting for confirmation that smart GmbH will fulfill it. However, Reuters reports that DaimlerChrysler’s Smart division was unaware of any such $1B order.
ZAP says that it has received more than $1 billion in advance purchase orders for the Smart Car Americanized by ZAP (earlier post) from US auto dealers, and continues to receive more as a result of its marketing efforts.
Last week, ZAP delivered the first Smart Car Americanized by ZAP through its first authorized dealerships to a Nevada couple that had placed an order for the Smart Car more than a year ago. (And you thought waits for the Prius were long.)
ZAP appears to be running into some serious fulfillment issues, given the surge in demand for the car. The company has not agreed to accept all Smart Car purchase orders at this time. ZAP says that it is currently in discussions with a number of potential partners to meet the demand for the Smart Car.
ZAP is unable to guarantee delivery without striking these strategic relationships with manufacturing partners—in other words, someone has to actually perform the modifications.
Once ZAP finalizes the required strategic partnerships and has approval from all government agencies, it says that it will determine its delivery schedule for Smart cars in the United States.