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ZAP Jonway Announcing New JNZ SHUTTLE Van for International Markets Available 1Q2012

December 18, 2011 Leave a comment
Expands EV and Gasoline Product Line Focused on Fleet Markets

SANTA ROSA, Calif., Dec 16, 2011 (GlobeNewswire via COMTEX) — ZAP Jonway ZAAP -1.89% , a designer and manufacturer of gasoline and new energy electric vehicles (EVs), introduced its JNZ SHUTTLE, a multi-purpose van that can convert from passenger to cargo easily, targeted for the fleet markets and available for the international markets in the first quarter of 2012.

JNZ SHUTTLE electric or gasoline cargo or passenger van
JNZ SHUTTLE Gas or Electric

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11263

The JNZ SHUTTLE gives ZAP Jonway an attractive platform to compete in the rapidly growing China auto industry for commercial fleet and delivery vehicles. The JNZ SHUTTLE is designed for both full electric and for gasoline and has more than 129 cubic feet of cargo space or with three rows of seats can fit up to seven passengers.

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ZAP Jonway Announces First EV Product Roadmap Leveraging Subsidiaries’ Strengths

November 15, 2011 1 comment

The vehicle catalog for ZAP Jonway JNZ 2012

Focusing on New Energy Efficient Vehicles, Gasoline and Full Electric, Utilizing Common Platforms

SANTA ROSA, California – November 15, 2011 – ZAP Jonway (OTC BB: ZAAP), a designer and manufacturer of gasoline and new energy electric vehicles (EVs), after extensive strategic planning and integration development, announced its joint product roadmap for 2012. The roadmap is focused on delivering affordable and technologically competitive new gasoline and EV models that address the growing market demand.

Dr. Priscilla Lu, Chairman of ZAP Jonway, stated: “The new ZAP Jonway models planned for delivery in 2012 maximize the strengths of both subsidiaries, ZAP and Jonway Auto. The new models utilize the experience base and the combined resources from both subsidiaries to accelerate the new EV models’ time to market, while maintaining the originally planned introduction of Jonway’s new gasoline models to the market in 2012.  The new JNZ product line is designed to address EV platform requirements while remaining adaptable to either gasoline or an electric power train.”

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ZAP Jonway Appoints 20-Year Chinese Automotive Veteran Zhang Da Qi as General Manager of Jonway Auto/Operations and Sales

November 1, 2011 Leave a comment

FAW Sales Veteran Strengthens Strategic International Sales Efforts

SANTA ROSA, Calif., Nov. 1, 2011 (GLOBE NEWSWIRE) — ZAP Jonway (OTCBB:ZAAP.OB – News), a designer and manufacturer of gasoline and new energy electric vehicles (EVs), appointed Zhang Da Qi as General Manager of Jonway Auto/Operations and Sales. In this role, he will focus on strengthening the company’s marketing and sales organization and its supporting operations. Mr. Zhang reports directly to co-Chief Executive Officer, Wang “Alex” Gang.

Alex Wang, co-Chief Executive Officer of ZAP Jonway, stated: “Zhang brings over 20 years of automotive management experience. He spent fifteen years, working with general manager responsibilities, in one of the automotive divisions of First Auto Works (FAW), ranked third largest in China. He has a proven track record in building up a strong sales team that delivered several tens of thousands of vehicles per year. He also led the sales team during the formative years at Zotye Auto, a private automobile company based in Hangzhou, where he was instrumental in building up sales from scratch in a short couple of years’ time and delivered over 30,000 vehicles per year.”

More at ZAPJONWAY.COM

ZAP Jonway Appoints Tony Nie, Formerly of Lotus Engineering, as Vice President of Strategic Business Development

June 1, 2011 1 comment

SANTA ROSA, Calif.–(BUSINESS WIRE)– Electric vehicle pioneer ZAP Jonway (OTC BB:ZAAP.obNews) appointed To

ny (Tianxin) Nie as Vice President of Strategic Business Development overseeing strategic partnerships and key client relationships in China and Asia, as well as General Manager of ZAP Hangzhou Joint Venture, which will be the electric vehicle technical center for ZAP Jonway in China.

Portrait of Tony (Tianxin) Nie, Vice President of Business Development for ZAP Jonway

Tony (Tianxin) Nie

Mr. Nie was formerly Director of Sales & Marketing of Lotus in China as well as Lotus Engineering’s leader and founding member for China. He has been with Lotus since 2005, overseeing business development, sales, engineering developments, marketing and public relations in China. A citizen of the People’s Republic of China, he earned a Masters Degree in International Marketing Management from Leeds University Business School in 2003 and his Bachelor of Science Degree in Mechanical Engineering from Beijing Textile Engineering University in 1994.

Responsible for establishing Lotus Engineering in China, Mr. Nie worked on a number of technology projects and engineering designs, including hybrid vehicles, electric vehicles (EVs) with range extensions, as well as pure EV designs. He has managed more than 20 different chassis design projects; three engine projects, an

d 15 technology engineering projects. This involved a broad range of products and projects in electric and hybrid vehicle technologies, whole vehicle designs, power-train designs, chassis engineering, energy flow management strategies, vehicle control technologies and vehicle testing processes.

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ZAP Jonway Announces its First Quarter 2011 Consolidated Results following Completion of the Acquisition of 51% of Jonway Automobile

May 24, 2011 1 comment
SANTA ROSA, California (May 23, 2011) — ZAP Jonway (OTC BB: ZAAP) recently filed its Form 10-Q for the quarterly period ended March 31, 2011, which included consolidated financial results for the first time taking into account ZAP’s acquisition of 51% of the equity shares of Zhejiang Jonway Automobile Co. Ltd., or Jonway Automobile, located in Sanmen, Zhejiang, China, in January 2011. We refer to this transaction as the Jonway Acquisition.  The Jonway Acquisition was the result of a yearlong effort by both parties.  Jonway Automobile is an ISO 9000 production-ready automobile manufacturer in China with facilities that were installed in 2009. Through the Jonway Acquisition, ZAP has been able to gain access to a cost-competitive production team in China with manufacturing expertise and access to China’s growing Read more…

Editorial: State can’t unlink its future from China’s

January 4, 2011 1 comment

This editorial appeared in the Sacramento Bee in December, but we reprint it here to offer insight into ZAP’s electric vehicle strategy in China over the past 13 years.

With all the irritations between the United States and China, it is worth noting some opportunities for “competitive cooperation.”

Representatives from Wells Fargo, Deloitte & Touche, and the Bay Area Council helped dedicate the MOU signing between ZAP, Jonway and Yangup.

The latest agreements signed this month between the United States and China should make U.S. businesses more competitive in selling everything from industrial machinery and telecom devices to equipment for large-scale wind farms.

California, particularly, is poised in coming years to benefit from the exchange – if we can get past the usual China-bashing that is a staple of the election campaign season.

For example, companies that participate in the construction of wind farms will now be able to participate in projects to install wind farms in China. Until now, they were not able to participate because their non-Chinese experience could not be used for qualification as a bidder on a China-based project. The new commitment by China will allow those companies to gain access.

California companies with wind farm construction experience could benefit from this new commitment by China.

And as Jennifer Turner of the Wilson Center has said, in many cases, combining the strengths of innovative U.S. technologies and Chinese manufacturing capacity can be an important driver of economic growth and jobs here and in China.

But we have to be looking for commonalities and opportunities. For example, California and China are earthquake prone. China’s going to need to build 30,000 hospitals in the next 10 years. California has a lot of health care companies and a lot of experience building hospitals to meet earthquake standards. That is an exportable skill set.

ZAP Founder showing electric motorcycle to Chien Lu, Party Secretary from Shanghai's Yangpu Province.

ZAP Founder showing electric motorcycle to Chen Yin, Party Secretary from Shanghai

The power, transportation, water and building materials sectors look particularly promising for California in forging unusual cross-border partnerships with China.

Here is one small example. California has many of the leading companies and innovators in the electric-vehicle industry.

Santa Rosa-based ZAP Electric Vehicles announced an agreement during Gov. Arnold Schwarzenegger’s September trade mission to China whereby new plug-in vehicle technologies designed in California, combined with China-based manufacturing, will allow ZAP to provide electric charging stations, battery swap-out stations, as well as electric vehicle maintenance and repair depots in Shanghai’s Yangpu District.

Irvine-based Fisker Automotive has signed an agreement with a Chinese retailer to sell its sports luxury plug-in hybrid cars at 200 outlets in China.

Of the five biggest solar plants in China, infrastructure (such as polysilicon production equipment, crystalline ingot growth systems and fusion furnaces) comes from the United States, creating jobs here. Certainly, manufacturing solar panels in China creates jobs in China. But jobs also are created here at the project location.

Consider wind turbines. Designed here. Some components manufactured here, some in China. Assembled in China. Pylons built here. Installation here. Power generation here. Both sides get jobs.

The picture is much more complex than the “shipping jobs to China” slogan we hear every election season. If we embrace the concept of “cooperative competition” – even as we continue as a nation to seek enforceable agreements against pirating, protectionism and manipulated currency in China – we can take advantage of our strengths to make economic progress during this time of difficult economic transition.

© Copyright The Sacramento Bee. All rights reserved.

Read more: http://www.sacbee.com/2010/12/27/3282500/state-cant-unlink-its-future-from.html#ixzz1A5OQl2Yz

China strengthens ties to Zap electric car maker

November 24, 2010 1 comment
By ROBERT DIGITALE
THE PRESS DEMOCRAT
Published: Tuesday, November 23, 2010 at 5:26 p.m.
Santa Rosa’s electric vehicle retailer Zap has signed a memorandum of understanding with Chinese officials to promote electric cars on the streets of Shanghai.

The Santa Rosa Press DemocratThe company separately announced that it has completed a $10 million down payment for a majority share in Chinese car maker Jonway Automotive. The payment is part of a $29 million purchase agreement first announced in July.

The two developments are part of Zap’s efforts to become a manufacturer and retailer of electric vehicles in China, now the world’s largest auto market.

The memorandum is “the first big deal of its kind,” the result of growing ties between business and government leaders from the Bay Area and Shanghai regions, said Jim Wunderman, president and CEO of the Bay Area Council, a business advocacy group. It was fostered in part by a state delegation that Gov. Arnold Schwarzenegger and the Council led to China in September.

The deal, Wunderman said, signals that both Zap and local Chinese officials understand that neither party can by itself build the charging and battery-swap stations needed to make electric vehicles a practical means of transportation in Yangpu, a district of Shanghai.

“Whether you’re building electric vehicles in the Bay Area or China, it’s going to require a public/private partnership to get it done,” Wunderman said.

For the nine months ending Sept. 30, Zap reported a net loss of $7.3 million, compared to $7.5 million a year earlier. The company has posted one profitable year in its 16-year history.

The memorandum, signed last week in San Francisco by Yangpu party secretary Chen Yin, does not give Zap the right to exclusive sales, said Zap Board Chairwoman Priscilla Lu. But in a country where relationships are key, she said, “this signing of the agreement shows his commitment and trust of the company.”

Production of Zap/Jonway electric vehicles is scheduled to begin in China in the second quarter of 2011, she said.

SOURCE: The Santa Rosa Press Democrat

ZAP Website: http://www.zapworld.com

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