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.
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.
SANTA ROSA, Calif., Dec. 16, 2011 (GLOBE NEWSWIRE) — ZAP Jonway (OTCBB:ZAAP.OB), a designer and manufacturer of new energy and electric vehicles (EVs), plans production of the ALIAS, ZAP’s highly anticipated sports EV, in the fourth quarter of 2012.
This limited edition production is now planned due to popular demand. It will showcase the engineering excellence of the ZAP Jonway’s EV power train and design. This 3-wheel version of the Alias is designed to be highway safety compliant and yet be able to expedite the long type approval testing process for entering into the U.S. market. Designed with decades of electric and automotive experience, the ALIAS serves a growing niche of automotive enthusiasts who want an affordable electric vehicle with the performance, looks and handling of an impressive sports car. The vehicle has a peak torque of over 200 kilowatts and range of 150 miles between charges. With one of the best engineered EV motors available supplied by Remy Motors, compact and light weight, the vehicle’s performance, handling and ride is competitive with traditional Tier One sports vehicles. ==> Continued Click Here
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.”
ZAP Jonway Appoints 20-Year Chinese Automotive Veteran Zhang Da Qi as General Manager of Jonway Auto/Operations and Sales
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
CHENGDU (October 7, 2011) – Steve Schneider, Co-CEO for automotive pioneer ZAP Jonway (OTC BB: ZAAP), is scheduled to speak at the Global Automotive Forum, October 11-12 in Chengdu, Southwest China as part of an auto show and business forum covering relevant issues and challenges facing the industry today.
The Global Automotive Forum (GAF) has already established itself as one of the leading forums for the automotive industry. The theme for the 2011 forum is: “From Volume Leader to Innovation Leader.” This is Schneider’s second appearance at the Global Automotive Forum, now in its second year. ZAP Jonway is displaying its latest A380 SUV models during the concurrent Chengdu Motor Show. Schneider has more than 30 years experience in the automotive industry. Read more…
Across the Asia Pacific region, various national-level initiatives and programs are underway to promote the awareness and adoption of electric vehicles (EVs), including the establishment of aggressive goals, subsidies for EV purchasers, research and development support, tax incentives, and public education programs. In certain markets, particularly Japan, these efforts have already borne fruit. Market players in Japan and Korean, however, are concerned about new challengers, mainly driven by competition in China. The Chinese EV market has critically important implications for global market participants. According to a recent report from Pike Research, China will be the leading market for EVs in Asia Pacific by 2015. The cleantech market intelligence firm believes that the Chinese market will represent almost half of the region’s total sales by 2015.
“China, where around 55 vendors are developing electrified vehicles or launching EV development programs, will likely create and lead an entirely new category around clean transportation,” says senior analyst Andy Bae. “The country will become one of the biggest consumer markets for EVs, and global industry players want to enter this market to tap the related opportunities.”
SANTA ROSA, California (September 23, 2011) – Today electric vehicle pioneer ZAP Jonway (OTC BB: ZAAP) celebrates its 17th Anniversary in the industry. ZAP’s majority acquisition of Chinese automobile manufacturer Zhejiang Jonway Automobile Co. Ltd. earlier this year (which resulted in the corporation formally doing business as ZAP Jonway), the additions of several new executives, and other structural changes have the company freshly focused in a new direction and prepared for future growth.
Engineering & High-Quality, Volume Manufacturing
The acquisition of Zhejiang Jonway Automobile in January was the first in a series of major positive structural changes for ZAP Jonway, including new management, new vehicles, new technologies, streamlining US operations, and a new overall direction.
“We couldn’t be more pleased with all the beneficial changes we’ve made in the last nine months,” says Alex Wang, Co-CEO of ZAP Jonway. “Now that Jonway and ZAP are operating as one entity, we can leverage the expertise of our Californian sales, marketing and engineering teams, and combine it with the high-quality, volume manufacturing of our China manufacturing facility, making us uniquely poised to become the market leader in practical commercial and consumer electric vehicles.” Read more…
SANTA ROSA, California (September 15, 2011) – Zhejiang Jonway Automobile Co., Ltd. (“Jonway Automobile”), a majority-owned subsidiary of ZAP Jonway (OTC BB: ZAAP), a growing manufacturer of electric vehicles, announced today that it is approved for two credit facilities for a total of $16.33 million in available credit. These credit facilities will be used to support the company’s expansion plans, with emphasis on its electric vehicle production line facilities in China. The credit will also help advance new electric vehicle initiatives, launch new strategic global sales and marketing operations, bolster infrastructure, and finance working capital.
Jonway Automobile, a Sanmen, China based manufacturer of the 3 and 5-door A380 SUV, entered into a Credit Granting Agreement with the Taizhou Branch of China Merchants Bank for a revolving credit line in the aggregate amount of RMB21 million (US$3.28 million) from a total of RMB40 million (US$6.25 million) that is available through China Merchants Bank. Additionally, Jonway Automobile was also approved for a credit line in the aggregate amount of RMB64.5 million (US$10.08 million) from the Taizhou Branch of Everbright Bank of China. Both credit facilities when drawn down will be secured by lands owned by Jonway Automobile and guaranteed by Jonway Group, headquartered in Taizhou. ZAP Jonway is a supplier of all-electric vehicles (EVs) to the military, government and corporations and an early pioneer of electric motorcycles, scooters and ATVs. Read more…
ZAP Jonway Appoints Tony Nie, Formerly of Lotus Engineering, as Vice President of Strategic Business Development
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.
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.