Jonway Group Funds $18.2 Million to ZAP Jonway to Bring 2012 New Products to Production: ALIAS and JNZ Shuttle – Gas and Electric
SANTA ROSA, Calif., Dec. 19, 2011 (GLOBE NEWSWIRE) — ZAP Jonway (OTCBB:ZAAP.OB – News), a designer and manufacturer of new energy and electric vehicles (EVs), entered a funding agreement with Jonway Group CO. Ltd., to pay for a total of $18.2 million for the already completed interior and exterior design and molding of the JNZ SHUTTLE Van; the completed engineering design, type approval certification and catalogue license of the gasoline transmission of the JNZ SHUTTLE Van; and the ALIAS interior and exterior design and molding, which is underway.
Alex Wang, Co-CEO of ZAP Jonway’s China operation, CEO of Jonway Automobile, and a Director of Jonway Group, stated: “Jonway Group, the original holding company of Jonway Automobile is committed to delivering industry leading full electric new energy vehicles to the market, utilizing the strengths of Jonway Automobile’s manufacturing with ZAP’s EV technology experience and design. We believed in the market potential of the JNZ SHUTTLE Vans and started this design more than a year ago in Jonway Group, funded by the holding company of Jonway Automobile, while ZAP Jonway evaluates the market potential of this new product line. After doing more extensive market research, ZAP Jonway believes the JNZ SHUTTLE Van for both EV and gasoline models have great commercial opportunities, especially in addressing our new strategy focused on the fleet applications. Jonway Group has been paying for the engineering design and molding for the JNZ SHUTTLE Van and will also pay for the ALIAS to go into production within 2012. These two project funding totals more than $18.2 million. The JNZ SHUTTLE Van engineering and molding work is already completed, and the ALIAS work is being completed. Jonway Group stepped in to fund this capital intensive development to ensure the delivery of these new models into production for 2012. The JNZ SHUTTLE Van is ready for production delivery in the second quarter of 2012, and the ALIAS is planned for the fourth quarter of 2012. We are pleased with the progress and the quality of the work done for these models, and we are committed in Jonway Group to support the financing to ensure that we are well positioned to offer competitive and attractive products.” ===> CONTINUED
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
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.
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.”
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.
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.
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.
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.
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.
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.
150 MPGe or higher? It’s possible with electric scooters and if you’re shopping around, “just about everyone seems to like the Zapino electric scooter by ZAP,” writes Metaefficient.com, which reviewed a dozen different models.
“Style conscious… a touch of Italian élan,” say CNN and AOL Autos. A “hefty steed,” writes others, with “advanced” wheel motor technology, some zoom for “speed demons” with “great storage,” and a “cheap price tag.”
TIME, CNN, AOL Autos, Sierra Club, San Francisco Examiner, Metaefficient, TreeHugger, Sprig, GreenHomeHuddler, customers, dealers and more have all named the Zapino among the top electric scooters.
See video of the Zapino in action on YouTube.com
There are more powerful electric vehicles on two wheels out there; Vectrix is more motorcycle-like with a much higher price tag. Less expensive scooters like eGo with its lightweight, bicycle-like design just doesn’t have that “Quadrophenia” look of the Zapino.
The Zapino is available from ZAP, a company that has been in a pioneer in electric scooters, cars, trucks, ATVs and other vehicles since 1994, with more than 100,000 delivered. So, not only is the Zapino the choice of the experts, media and electric scooter buyers, it’s backed by an experienced supply chain and a network of knowledgeable dealers, sales and service technicians.
If you want to really go green, save green and look cool doing it, the Zapino seems to be the scooter of choice. Read all the reviews available online below.
“This motor is so powerful it can win drag races against gas scooters, with speed and acceleration that leaves the polluters in their own dust.” — Metaefficient.com
“The most powerful scooter in its class.” – TreeHugger,
“Best suited for darting around city traffic.” — Sierra Club Magazine
“I raced it against some 50 cc gas scooters and the Zapino beat them off the line.” — Baker M. of Colorado.
“Style Concious…” — CNN
“A touch of Italian élan.” – AOL autos
“Nice storage areas for grocery runs.” — Metaefficient.com
“EV companies tend to focus on advanced batteries or quick-charging, but I believe wheel motors have been the biggest breakthrough.” — Gary Starr, ZAP Founder, More Info: Click Here
“The hub motor in the rear wheel creates more room on-board for additional batteries… eliminates the need for belts, or chains, resulting in a more enjoyable ride with less vibration and noise, and a smoother acceleration.” — Metaefficient.com
“While today’s gasoline and diesel engines utilize less than 50 percent of their available energy, wheel hub motors are projected to use up to 96 percent of the provided electrical energy for vehicle propulsion” – GreenCar.com
Electric scooters cost about one-third to fuel versus gas. ZAP estimates a full charge for the Zapino at 25 cents, which means it cost about a penny a mile to fuel. A gas scooter can get about 85 MPG, which equates to about three cents per mile. – Source: Motor Scooter Muse
“The hub motor in the rear wheel… eliminates the need for belts, or chains… reducing overall maintenance.” — Metaefficient.com
“Hefty steed,” Sprig.com
“Notably, even if BEVs (battery electric vehicles) are recharged with electricity from power plants that use fossil fuels, they are up to 99 percent cleaner than conventional vehicles and can cut global warming emissions by as much as 70 percent. — Union of Concerned Scientists
“The Zapino is a big jump ahead and a whole new market for this company. Given it’s relatively cheap price tag for what it’s offering, I expect these to get fairly popular.” – zoomiscooters
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.
More on ZAP Alias Electric Car Blog ===>
It’s 100 degrees out at the annual air show this past Sunday. I’m walking around dying from thirst and all the lines for refreshments are prohibitively long, when I notice this red pickup truck pulling up to a vendor that seems shut down.
It’s the ZAP Xebra electric truck filled with ice and they proceed to unload a couple of ice chests and the vendor is back in business. Luckily I had my iPhone and snapped this quick video. Then I had an ice cold water!
It’s always a treat to be out and about and find someone using a ZAP electric vehicle that you didn’t expect. All throughout the show I noticed a wide variety of different vehicles at work. Some of the golf carts used by management were electric, but there were also several annoyingly loud and smelly gas utility vehicles delivering supplies or collecting garbage that in my humble opinion should not be used at events where there are large gatherings of people. They sound like tractors and you can’t hear when they drive by leaving behind a cloud of exhaust. I was almost thinking this when suddenly the ZAP truck appeared!
This is a great move by the vendors at the Air Show. Electric trucks like this are now available, larger and with many more options. Hopefully more event organizers will realize how much better they are for airports, air shows and large events.
If you ever get a chance, visit the Pacific Coast Air Museum. They organize the annual Wings Over the Wine Country, Sonoma County’s annual Air Show every August at the Charles M. Schulz Sonoma County International Airport (STS). It really is a blast, but wear plenty of sunscreen and show up early to park your folding chair under a vacant airplane wing and you will be in for a great show.
And to whomever decided to use the ZAP truck to deliver ice… I owe you a cold one!
Clips from a recent tour of the factory for the Jonway A380 SUV. Jonway Automobile of Sanmen, China is subject of a recent business agreement for majority acquisition, 51%, by ZAP electric vehicles of California. For details on the transaction, click the link below: