Samyang Optics Takes Delivery of First Alias Electric Car from ZAP Jonway

ZAP Jonway sells first Alias electric car to Samyang Optics of Korea

SANTA ROSA, Calif.–(BUSINESS WIRE)–The first Alias electric car from industry pioneer ZAP Jonway (OTCBB:ZAAP – News) has been sold to distribution partner Samyang Optics (Kospi: 008080.KSE) of Korea.

Samyang Optics has taken delivery of a red Alias that first appeared at National Automobile Dealers Association Expo in New Orleans. The same Alias debuted to the public earlier this year at the Korea EV Challenge, sponsored by Samyang Optics.

Samyang Optics and ZAP Jonway have formed a business venture to introduce electric vehicles (EVs) to Korea. The government’s goal is to commercialize EVs and capture 10 percent of the global market by 2015. Korea wants EVs to comprise 10 percent of domestic small car sales by 2020.

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