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.
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…
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.
SANTA ROSA, Calif., Nov 18, 2010 (BUSINESS WIRE) — Electric vehicle pioneer ZAP (Stock Symbol: ZAAP) completed its initial down payment of US$10 million towards the 51% acquisition of Jonway Automobile. Jonway Automobile plans to complete an audit of its financial statements by December 31, 2010 and thereafter, ZAP intends to finalize the acquisition with the payment of the US$19 million balance of the US$29 million purchase price.
Jonway Automobile reported sales of over 4,000 gasoline vehicles through the end of September 2010, and projects total sales of over 6,500 vehicles by December 31, 2010. Jonway Automobile reported that wholesale sales prices of the vehicles averaged US$10,000. Jonway Automobile projects year-end revenues for 2010 to increase more than 40% compared to last year with its current gasoline vehicle product line. Jonway Automobile reports that it is debt-free, cash flow positive and able to finance its gasoline product revenue growth at the same rate for 2011.
Under the new equity structure, Jonway Automobile will be 51% owned by ZAP, and 49% by its original parent Jonway Group. This equity ownership transfer was approved by the Chinese government on October 3, 2010. Jonway Automobile plans to ramp up production of the A380 SUV electric vehicle (EV) in the first half of 2011 together with ZAP’s Alias EV by third quarter 2011 at their Sanmen, Zhejiang factory. By combining Jonway Auto’s ISO 9000 manufacturing facilities, capable of delivering over 50,000 vehicles per year, with ZAP’s EV technologies, products and expertise, the company aims to lead the emerging EV fleet market in China.
Alex Wang (Wang Gang) was recently appointed by ZAP’s board to be Co-CEO of ZAP. ZAP (Jonway) will expand the market to sell both gasoline and EVs from China to rest of the world.
ZAP (Jonway) recently showcased its EV product line at the 25th Electric Vehicle Symposium in Shenzhen to launch its EV sales in China targeting volume production delivery by the first half of 2011.
Focused on delivering quality products, Jonway started to sell its A380 SUV product line last year, offering quality and value incorporating a Mitsubishi power train. ZAP (Jonway) plan to enhance manufacturing facilities to produce electric vehicles in Jonway’s 3.6 million square feet of factory facilities on the 141 acres of land in Sanmen, Zhejiang Province, China.
ZAP is one of the oldest EV companies with extensive industry experience in EV product design and conversions. ZAP supplies electric trucks and vans to the military, government and corporate fleets and is one of the early pioneers of electric motorcycles, scooters and ATVs. The Santa Rosa, California based company offers a product line of all electric trucks, vans, sedans and motorcycles in production today. ZAP news and information is available at http://zapglobal.wordpress.com.
About Jonway Automobile
Zhejiang Jonway Automobile Co. Ltd. (Jonway Automobile), headquartered in Sanmen, Zhejiang Province, manufactures, markets and sells SUVs in China with over 90 direct dealers all over China. Their SUV has been type approved for sale in Europe. Jonway Group holds the automobile license and granted irrevocable right for SUV manufacturing to Jonway Automobile. Jonway’s factory, with production capacity of 50,000 vehicles per year, opened in 2009 and is ISO9000 certified with factory space of over 3.6 million square feet on 141 acres of land in Sanmen, Zhejiang Province, China.
Safe Harbor Statement
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP’s periodic reports filed with the Securities and Exchange Commission.
ZAP (Jonway) USA Alex Campbell, +1-707-525-8658 ext. 241 firstname.lastname@example.org or ZAP (Jonway) China Jessica Gao, +86 13511038395 email@example.com
Parking lots are going solar all over the world, but the first one in the Southeastern United States was dedicated this week in the EV-friendly state of Tennessee with the help of a ZAP XL electric truck.
Pulaski, Tennessee dedicated its first parking area solar array with integrated electric vehicle (EV) charging capacity capable of generating over 20kW of electricity. Congressman Lincoln Davis did the honors of switching on the array, sending the sun’s energy into the grid. Located at Richland, LLC in Pulaski, Tenn., this solar array represents the first step in a growing EV charging network. The parking array produces enough energy to run nearly four typical American homes and is an integral part to the success of EVs.
Organizers had the ZAP XL electric truck on hand to demonstrate the solar charging station and give test rides. ZAP has sold several hundred electric trucks to the U.S. Government, U.S. Army, Park Services, Universities, Hospitals, Municipalities, Corporations, Small Businesses and individuals. You can even order your XL truck with a solar panel.
The project was made possible with cooperation of the State of Tennessee, the USDA, Pulaski Electric System and Tennessee Valley Authority.
April 20, 2010 – The U.S. Army this Earth Day gave out its highest individual environmental award to the person responsible for deploying ZAP trucks on a military base in Korea, Environmental Chief Robert J. Chartier.
According to a press release, “Mr. Robert Chartier captured the individual award in the environmental quality category of the FY2009 Secretary of the Army Environmental Awards Program… Chartier competed with teams and individuals from across the Army for this honor; the only individual Army award bestowed this year.”
Other military bases have followed Chartier’s example with electric truck purchases of their own. Fleet operators like the greater payload and save hundreds of dollars a week by using the energy efficient trucks for jobs in which a larger gas truck isn’t needed. Several large EV fleet operators have acquired ZAP electric trucks and vans in the past year.
Designs for an all-electric SUV in partnership with Jonway Auto of China are now available in China for government, corporate and taxi fleets. ZAP is in talks with distribution partners in places like Korea to further expand distribution in Asia.
Chartier did much more than implement electric vehicle technology, he created a multifaceted plan that included community outreach, environmental awareness events, such as the Earth Day 5K, tree planting, environmental displays at the Armed Forces Day Open house, developing the first International Organization of Standardization 14001 environmental management system for an overseas base, an improved waste and recycling program, and a wetland restoration project at Camp Carroll in Daegu. Read below and follow the links to learn more about the amazing accomplishments of Robert J. Chartier. Thank you, Chief!
Press Release from U.S. Army Environmental Command:
Chartier was recognized for his superb management of all environmental program areas for the Daegu garrison. “It’s always an honor to be recognized, especially at this level; however, many of these achievements would never have been possible had it not been for the outstanding support I received from my entire environmental staff and the Daegu garrison leadership who supported my vision for the direction of the environmental program.
From Award Nomination: “Mr. Chartier conducted research with the garrison Directorate of Logistics and received approval from the command to purchase a small fleet of Zero Air Pollution (ZAP) electric trucks to help the command meet its fleet vehicle managemetn goal. The ZAP electric truck, a small pickup truck used on USAG Daegu, performs better than the Neighborhood Electric Vehicles issued to installations in the continental U.S. The installation purchased five trucks, providing them to the Fire Inspector, Department of Public Works, Environemtnal Division and the Safety Office. These replaced the gasoline-fueled non-tactical vehicles currently in use.”
From recycling to wetland restoration to electric vehicles, Chartier’s vision was felt throughout the garrison, and even outside the gates.
Below is a video of our XL truck, similar to the ones now being used in Korea.