ZERO Motorcycles Awarded Additional Grant Funds To Support Advanced Electric Powertrain Development Program

SANTA
CRUZ, Calif. (September 28, 2010) – Zero Motorcycles, the global leader
in the electric motorcycle industry, has been awarded its second grant
in the state of California to further the development of advanced
electric powertrain systems. The most recent award comes from the
Monterey Bay Unified Air Pollution Control District (MBUAPCD) where
Zero was awarded a $177,906 grant in partnership with the city of Santa
Cruz. This new grant adds funding to the $900,000 grant from the
California Energy Commission awarded last month. The funds will be used
to develop an advanced new electric powertrain for Zero Motorcycles.
Additional matching funds from the City of Santa Cruz and others
provides Zero with total funding for the project of $2,018,000.

“We
are thrilled to receive this grant from the Monterey Bay Unified Air
Pollution Control District and we are further inspired by their
enthusiasm and dedication to our company,” said Gene Banman, CEO of
Zero Motorcycles. “Our intention with this new powertrain development
program is to continue advancements in the powersports industry while
supporting the local economy and this additional boost brings us much
closer to reaching our goals.”

This
newest grant will be used in Zero’s research and development program in
Santa Cruz, California creating new jobs and economic growth. Zero now
has the financial momentum and expertise it needs to develop electric
motorcycle powertrains that exceed all current levels of performance,
range and efficiency.

"Zero Motorcycles is an exciting company
creating sustainable zero emissions electric transportation and we
fully support their expansion in Santa Cruz,” said Bonnie Lipscomb,
Director of Economic Development and Redevelopment for the city of
Santa Cruz. “We are thankful for the support from MBUAPCD which helps
companies like Zero grow while creating local jobs that support a
greener environment for all of us – it’s the best kind of
public-private partnership.”

David
Fairchild, Air Quality/Transportation Planner for MBUAPCD added, “we
are happy to support Zero’s innovative approaches to reducing the
emissions from transportation.”

About Zero Motorcycles:

Zero
Motorcycles is the next step in motorcycle evolution and represents the
ultimate electric motorcycle technology. Unencumbered by conventional
thinking about how they design, manufacture, and sell high performance
electric motorcycles, they are on a mission to turn heads and
revolutionize their industry by combining the best aspects of a
traditional motorcycle with today’s most advanced technology.

Zero Motorcycles’ complete product lineup is available for purchase exclusively through the Zero Motorcycles website: www.zeromotorcycles.com.
Interested riders can schedule demo rides on the highly popular Zero X
and MX, or the Zero S street motorcycle and the Zero DS dual sport
model. To schedule a demo ride in your area, visit www.zeromotorcycles.com/locator.

For press information, videos and photos go to http://www.zeromotorcycles.com/press

For
more information on Zero Motorcycles or to learn more about its
complete motorcycle line including the Zero S, Zero DS, Zero MX and
Zero X motorcycles, visit: http://www.zeromotorcycles.com/