ZENN Motor Company Announces Resignation of Chairman and Other Director

ZENN Motor Company Inc. (TSX VENTURE:ZNN); ("ZENN" or the "Company"), announces
that, effective May 19, 2014, James Kofman shall resign as its Chairman, Interim
CEO and as a director. The Company also announces that Allan Gregg, a director,
has resigned effective May 19, 2014, and the transition consulting contract of
Mr. Jamin Patrick has not been extended. Mr. Kofman has agreed to provide
consulting assistance to the Company after his departure. 


Mr. Kofman commented, "The results to date at EEStor have obviously been very
disappointing for everyone. It is clear from our work that EEStor remains a long
way from a commercial product. The team has worked hard since acquiring control
of EEStor on January 27, 2014, to understand the technology and its prospects.
The work of the Technical Advisory Committee ("TAC"), which has been a huge
benefit to ZENN, has confirmed the challenges the Company had identified. While
there is reason to be optimistic that there may be applications for the EEStor
technology in existing capacitor markets, the real goal of achieving meaningful
energy storage is unclear. It is time to restructure the companies and reassess
the path forward. That is not the task I was brought in to do. My role was
always meant to be interim; initially it was for just a few months starting in
March 2011. We can be proud of our achievements in terms of an improved
technology agreement and the acquisition of control of EEStor. However, we also
know shareholders were looking for more. ZENN has always been committed to open
and honest disclosure, good or bad. There can be no doubt about our candour in
fully disclosing the challenges faced by EEStor in the development of its
technology. I hope the company can succeed, and as I recently said at the AGM,
the dream is still worth chasing."


In light of the departures, Stewart Somers, a founding director of ZENN and
Chair of its Audit Committee, will become Non-executive Chairman of ZENN and
continue as EEStor's Chair. Ian Clifford, Founder and Vice-Chair of ZENN will
return as Chief Executive Officer of ZENN effective May 19, 2014, and will
immediately assume the role as President of EEStor. The Company has also
initiated a search for additional board members.


Mr. Clifford stated, "We originally asked Jim to take a leadership role at ZENN
in 2011 when refocussing of the organization was necessary. Under Jim's guidance
we have strengthened our technology rights and achieved a controlling interest
in EEStor. We did not anticipate the challenges that EEStor is facing in the
development of its technology until recently. We are all disappointed with where
the Company is today, but we will work hard to find a path to success. I also
want to thank Allan Gregg for his years of service on the Board and his wise
advice."


Both EEStor and ZENN are operating with limited financial resources. They
require additional capital promptly in order to continue operations. ZENN and
EEStor are in discussions with a number of potential partners. Unless the
companies are successful in their attempts to attract capital, there can be no
assurance about the future operation of their businesses.


About ZENN Motor Company Inc.

The Company's goal is to be the provider of leading edge power storage solutions
and related technologies. Through its 68% ownership of EEStor, ZENN is involved
in the development of electrical energy storage units (EESUs) based on
capacitors. Further, through its technology agreement with EEStor, ZENN has the
exclusive rights to utilize the technology, if developed, in most vehicle
applications.


EEStor's energy storage technology is still under development and a number of
further development milestones must be achieved before commercial viability can
be established. There are significant risks associated with the development of
new technologies such as EEStor's energy storage technology and readers are
directed to the "Risk Factors" disclosed in ZENN's most recent Annual
Information Form filed on SEDAR.


Forward-looking Statements

Certain statements and documents referred to in this release, other than
statements of historical fact, may include forward-looking information that
involves various risks and uncertainties that face the Company; such statements
may contain such words as "may", "would", "could", "will", "intend", "plan",
"anticipate", "believe", "estimate", "expect" and similar expressions, and may
be based on management's current assumptions and expectations related to all
aspects of the automotive industry, consumer demand for zero emission
transportation solutions and the global economy. Risks and uncertainties that
may face the Company include, but are not restricted to: the EEStor energy
storage technology may not be successfully commercialized at all, in a manner
providing the features and benefits expected while under development, or on a
timely basis or the Company may not be able to successfully incorporate this
technology into its current or proposed products; steps taken by the Company to
protect its proprietary rights may not be adequate or third parties may infringe
or misappropriate the Company's proprietary rights; the Company has a history of
losses from operations and may not be able to obtain financing, if and when
required, to fund future expenditures for general administrative activities,
including sales and marketing and research and development, expansion, strategic
acquisitions or investment opportunities or to respond to competitive pressures;
competitors may develop products which offer greater benefits to consumers, have
greater market appeal or are more competitively priced than those offered by the
Company; the Company may be exposed to product liability claims which exceed
insurance policy limits; the Company is dependent on the ability and experience
of a relatively small number of key personnel; new products introduced by the
Company may not be accepted in the market or to the extent projected; new laws
and regulations may be enacted or existing ones may be applied or governmental
action may be taken in a manner which could limit or curtail the production or
sale of the Company's products; and the Company may be negatively affected by
reduced consumer spending due to the uncertainty of economic and geopolitical
conditions. These risks and uncertainties may cause actual results to differ
from information contained in this release, when estimates and assumptions have
been used to measure and report results. There can be no assurance that any
statements of forward-looking information contained in this release will prove
to be accurate. Actual results and future events could differ materially from
those anticipated in such statements.


These and all subsequent written and oral statements containing forward-looking
information are based on the estimates and opinions of management on the dates
they are made and expressly qualified in their entirety by this notice. Except
as required by applicable laws, the Company assumes no obligation to update
forward-looking statements should circumstances or management's estimates or
opinions change. Readers are cautioned not to place undue reliance on any
statements of forward looking information that speak only as of the date of this
release. Additional information identifying risks and uncertainties relating to
the Company's business are contained under the heading "Risk Factors" in the
Company's most recently filed Annual Information Form and its other filings with
the various Canadian securities regulators which are available online at
www.sedar.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Natasha Vandesluis
Chief Financial Officer
ZENN Motor Company Inc.
Tel. [phone] ext. 220
[e-mail]