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Lotus has teamed up with an Electric Car company called ZAP (http://www.zapworld.com) to produce the worlds first SUV electric car, ZAP-X!

It’s quite impressive… 0-60 in 4.8 sec, top speed 155mph, in-wheel electic motors, expected range of 350 miles. China’s Youngman Automotive Group is producing the prototypes which should be delivered as early as Jan 2008. Then there should be 2-3 months of testing before going into mass production. This slates the earliest release date of late Summer 2008.

In the financial realm, investors can turn to ZAAP.OB as a possible way to try and catch the new electric car trend. The stock is trading at $0.90 currently and fluctuates up to ~$1.10 and then back down. You can trade the cycle or hold of the big winnings. Either way, we here at AppleOption have traded it as a speculative stock, and currently own it.

Some great pictures of the new ZAP-X SUV
        

Rumors have been circulating regarding an Apple Laptop that is “Ultra-Portable.”

AppleInsider.com and Macrumors.com both post summary rumor articles stating the probable specs:

* 12-13″ Ultra-Portable
* NAND Flash Memory (the first solid-state memory, improving power efficiency & boot time)
* LED-back lit display
* Built-in iSight webcam
* AirPort Extreme 802.11n
* 50% lighter and “strikingly slimmer” than existing MacBook Pros
* Unclear if an Optical Dive will be included

BusinessWeek back in May announced Intel’s thinnest notebook which has options for cellular, Wi-Fi or WiMax networks, with a fingerprint reader and battery life up to 14 hours.

Financial Take Home: Apple is continuously working towards the next surprise. They continue being the front leader of consumer electronic design and ease of application use-ability. Apple Inc. will thus continue strong performance and shareholders will see excellent return on their investment.