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Investor named ZAP chairman

May 28, 2008|From Times Wire Services

ZAP, a maker of battery-powered scooters and motorcycles that wants to sell electric autos, named its largest shareholder, Eqbal Yousuf, as chairman.

Yousuf on June 2 will replace Chairman Gary Starr, who co-founded ZAP in 1994, the Santa Rosa, Calif.-based company said.

The investor is president of Yousuf Group, a Dubai, United Arab Emirates-based company that includes auto retailing and rentals among its businesses.

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