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ZAP Begins Project Development on Green City Partnership with Shanghai’s Yangpu District

December 17, 2010 2 comments
ZAP Jonway Signs MOU with Yangpu District Government of Shanghai

ZAP signed an MOU agreement with the government of Shanghai's Yangpu District on November 19th in San Francisco to provide electric vehicles for public transportation while installing charging and battery swap-out stations. The project was formed during a Bay Area Council trade mission to Shanghai in September. Click for Slide Show.

SANTA ROSA, Calif. (December 17, 2010) – Electric car pioneer ZAP (OTC BB: ZAAP) this week began project planning with the government of Shanghai’s Yangpu District to develop a Green City Zone in Yangpu’s downtown area, a university and research hub that is home to 1.24 million people. Based on an MOU partnership agreement signed in San Francisco on November 19, 2010, the project plans to reduce carbon emissions in Yangpu using electric vehicles (EVs) for its public transportation while installing an EV charging infrastructure, battery swap-out stations and maintenance support centers.

The partnership agreement with Yangpu government is a direct result of Governor Schwarzenegger’s trade delegation to Shanghai in September this year, sponsored by the Bay Area Council, and is one of the first formal initiatives between the two regions.

Party Secretary Chen Yin attended the signing ceremony in San Francisco on November 19, 2010. At the ceremony, Party Secretary Chen said that improving air quality, “green” urban mobility and development of clean energy infrastructure are some of the key initiatives of Yangpu in the next few years.  He indicated that this agreement shows the beginning of growing ties between two of the world’s leading technology innovation centers, Yangpu and the Bay Area, especially in the development of clean technology.  Within the 24 square mile district of Yangpu there are 14 universities surrounding the Knowledge Innovation Center (KIC), a technology community that includes Fudan University and Tongji University, making this area one of the leading research centers in China on Clean Tech.

“New plug-in vehicle technologies from ZAP, together with Jonway’s cost effective manufacturing in China, will accelerate the implementation of our Green Project with Yangpu. This truly bridges the best aspects of both the US and China, leveraging the strengths of the technological innovation in the Bay Area and Yangpu,” said ZAP CEO Steve Schneider.

According to the framework of the partnership, ZAP will provide an electric car charging infrastructure, battery swap out stations, as well as EV maintenance and repair depots in Yangpu.  ZAP will work with Yangpu’s government agencies, local universities, and private corporations on plans to further expand zero-emission transportation in the city.

“We have just started the initial planning of this long term project. The hard work of implementation and operations is ahead of us. We believe that the project planning and resourcing will be a yearlong process.  We are pleased to be part of Yangpu’s Green Project and share Party Secretary Chen Yin’s vision and commitment to delivering his objectives,” says ZAP Chairman Dr. Priscilla Lu.

To execute these plans and better access the Chinese market, ZAP Jonway will open its EV sales and operations office in the Yangpu District and plans to establish its research and development engineering center in the district to take advantage of the university communities.

About ZAP
Based in Santa Rosa, ZAP has been a pioneer in the electric vehicle industry since 1994, engaging in the design, development, commercialization and distribution of 100% pure electric vehicles and power systems, and delivering a wide range of vehicle designs to consumers and fleet customers in the United States and international markets for sixteen years.  The company supplies electric trucks and vans to military, government and corporate fleets and offers personal transportation products including electric motorcycles, scooters, ATVs and some of the only electric city-speed vehicles in production today. ZAP is also developing a freeway capable electric vehicle called the ZAP Alias that was a finalist in the Progressive Insurance Automotive X PRIZE.

About Jonway
Jonway is the trade name of Zhejiang Jonway Automobile Co., Ltd., an automobile manufacturer based in Taizhou, Zhejiang, China that currently produces several thousand units per year of two SUV models, the A380 3-door and the A380 5-door.  Built in 2009, Jonway’s modern 3.6 million square foot factory on 141 acres is ISO9000 certified and has the capacity to produce up to 30,000 units per year.  It employs over 800 workers and distributes its vehicles in China through 80 factory direct dealers and hundreds of factory authorized dealers.  Jonway Auto is a subsidiary of Jonway Group, which has been a leader in the manufacturing of motorcycles, ATVs and related products for more than 20 years.

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.

# # #

CONTACT:

ZAP (Jonway) USA
Alex Campbell, +1-707-525-8658 ext. 241
acampbell@zapworld.com

or

ZAP (Jonway) China
Jessica Gao, +86 13511038395
juan.gao@zapworld.com

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

30min Video Tour of ZAP in Santa Rosa, California with CEO Steve Schneider

July 18, 2010 2 comments

A delegation of Japanese business people came to ZAP in early June from Usami Co., a chain of gas stations throughout Japan. This is part 1 of a 3 part series about what’s happening at ZAP with special clips of the Volkswagen, Worldcar, Smart Car, Sam Cree and Xebra with shots of our CEO talking about his background and how he joined up with ZAP. The tour includes our dealer showroom in downtown Santa Rosa. Thankz for watching!

New Lithium Battery and Management System Doubles Range of ZAP Electric Cars

May 18, 2010 11 comments

A smart, lighter weight alternative for ZAP consumer and fleet vehicles worldwide

SANTA ROSA, Calif. (May 18, 2010) – Electric vehicle pioneer ZAP (OTC BB: ZAAP) has begun shipping lithium battery systems for various models of its electric cars, trucks, vans and scooters, offering at least four times the life of standard lead-acid batteries and twice the driving range. The new battery system is the first turnkey, drop-in replacement battery system that fits in the same space as the G-31 lead acid batteries used in many of ZAP’s vehicles, equipped with a BMS (battery management system) that increases reliability and extends range.

The lightweight lithium battery system is used in the ZAP Alias, allowing it to drive up to 100 miles on a single charge. In China, ZAP’s new fleet vehicles use a similar system for its electric taxis and corporate vehicles based on the Jonway A380 SUV. A sub-chassis array of more than 100 battery cells is networked with an electronic monitoring system, ensuring that temperature and voltage of each cell are in balance and that electricity is automatically rerouted should any of the cell voltages change.

Lithium vs. Lead-Acid Batteries

Chart - ZAP Lithium Battery System vs. Lead-Acid

Available as an upgrade for some ZAP vehicles, the new lithium battery systems provide a significant value for customers by improving performance and offering a significantly longer lifespan. ZAP estimates lead-acid batteries have 300-500 cycles of discharging and recharging, compared to 2,000 cycles for lithium. Customers should see improved acceleration and handling of their vehicles with the lighter-weight, higher-voltage batteries. ZAP designed the lithium battery system to recharge overnight from any 110 outlet, just like a cell phone, or faster using a 220-volt recharging station.

About ZAP

ZAP is one of the world’s most experienced electric vehicle providers, having delivered over 117,000 of a broad range of vehicles to more than 75 countries since 1994. ZAP supplies electric trucks and vans to military, government and corporate fleets and is an innovator of electric motorcycles, scooters and ATVs. The Santa Rosa, California based company offers some of the only electric city-speed cars and trucks in production today and is leveraging its accrued technology know-how in developing a cost effective high-speed electric car called the ZAP Alias. It recently started pilot production for an electric taxi through a partnership in 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.

Contacts:

Pat Meier-Johnson
Pat Meier Associates Public Relations, for ZAP
415.389.1700
patmeier@patmeier.com

Jim Gill, for ZAP
248-882-6309
jim_gilljr@yahoo.com

Alex Campbell, ZAP
707-525-8658 x 241
acampbell@zapworld.com

ZAP Licenses Electric Car Smart Charger Controller Technology from Battelle

April 14, 2010 5 comments
Engineer Michael Kintner-Meyer with his team at Pacific Northwest National Laboratory
Consumers get economic benefits; grid is protected and uses cleaner cheaper energy when charging during off-peak hours

SANTA ROSA, Calif. and RICHLAND, Wash. – April 14, 2010 – To make electric car charging cleaner and less expensive, industry pioneer ZAP (OTC BB: ZAAP) has licensed the Smart Charger Controller technology developed at Pacific Northwest National Laboratory. The technology allows customers to minimize the cost of charging electric vehicles by automatically recharging a vehicle’s battery at times of least demand on the grid and subsequently, least cost to the consumer.

Battelle, an international science and technology organization that manages and operates PNNL for the U.S. Department of Energy, also has granted ZAP the right to sublicense the technology to ZAP Hangzhou. ZAP plans to distribute the new technology as part of its electric vehicle business plan, including through its strategic investor and distribution partner Samyang Optics (008080.KS) of Korea.

ZAP licesned Smart Charge Control Technology from PNNL

How it Works: ZAP Licenses Electric Car Smart Charger Control Technology from Battelle.

“We believe this will put us at the cutting edge of charging station technology,” said Samyang Optics CEO, Christopher Kang. “I feel that this technology is one of the most critical pieces to make electric cars viable on a large scale.”

“ZAP believes the patented smart car charging technology is an important feature to ensure the environmental viability of electric cars,” said ZAP Founder and Director of Business Development, Gary Starr.

PNNL publicly announced the Smart Charger Controller technology last year after completing an earlier assessment that showed America’s existing power grid could meet the needs of about 158 million vehicles, or 70 percent of all U.S. light-duty vehicles, if battery charging was managed to avoid new peaks in electricity demand.

“If a million owners plug in their electric vehicles to recharge after work, it could cause a major strain on the grid,” said PNNL engineer Michael Kintner-Meyer. “The Smart Charger Controller technology could prevent those peaks in demand from plug-in vehicles and enable our existing grid to be used more evenly.”

Owners program the controller to charge at a specific time of day or night or at a set price point. The controller uses a low-range wireless technology to communicate with the power grid and determine the best and cheapest time to recharge vehicles. By charging vehicles during off-peak times, the controller saves consumers money and helps maximize the capacity of the electrical grid during periods of peak demand.

A smart electric car charge controller licensed by ZAP.

The PNNL smart charge controller has been licensed by ZAP for its electric car charging program in the US, China and Korea.

Previous PNNL studies with household appliances show that “smart” technologies also save the grid from brown-outs with little impact to the consumer. Grid Friendly™ technology inside the Smart Charger Controller senses stress conditions on the grid. When the grid says more power is needed, the controller can temporarily stop charging the vehicle until the stress subsides.

This instant reduction in charging load, multiplied on a large scale with many vehicles, could serve as a shock absorber for the grid and help to incorporate renewable energy like wind and solar. The technology could relieve load instantly and give grid operators time to bring new power generation sources on line to stabilize the grid – a process that usually takes several minutes.

ZAP intends to use the technology for its electric car charging program in the USA, Korea and through its JV in China, ZAP Hangzhou later in 2010.

About Pacific Northwest National Laboratory (PNNL)

Pacific Northwest National Laboratory is a Department of Energy Office of Science national laboratory where interdisciplinary teams advance science and technology and deliver solutions to America’s most intractable problems in energy, national security and the environment. PNNL employs 4,700 staff, has an annual budget of nearly $1.1 billion, and has been managed by Ohio-based Battelle since the lab’s inception in 1965. Follow PNNL on Facebook, LinkedIn and Twitter.

A PNNL scientist has patented a new technology for smart electric car charging.

Engineer Michael Kintner-Meyer of Pacific Northwest National Laboratory helped create smart electric car charging control technology

About ZAP Hangzhou

ZAP Hangzhou is a joint venture with Holley Group, the world’s largest volume producer of electric power meters. With backing from venture capital firm Better Worlds International and Cathaya Funds, the goal of the company is to develop electric vehicle and infrastructure technology. With close relationships to public utilities in China, ZAP believes Holley’s leadership will accelerate the adoption of controlled electric car charge technology.

About Holley Group

Holley Group is the parent of Holley Metering Limited, a global leader in electric metering with diversified businesses spanning pharmaceuticals, real estate, telecommunications and IT. Holley employs more than 12,000 people and over 800 R&D personnel worldwide. Headquartered in Hangzhou, Holley operates manufacturing in China, Thailand, Argentina and Uzbekistan. Holley products are sold through offices in major cities throughout China, India as well as South East Asia, and the European markets. For more information, visit http://www.holleymeter.com/en.

About ZAP

ZAP is one of the world’s oldest consumer electric vehicle providers, having delivered over 117,000 of a broad range of electric vehicles to more than 75 countries since 1994. ZAP supplies electric trucks and vans to military and government fleets and is an innovator of electric motorcycles, scooters and ATVs. ZAP supplies some of the only electric city-speed cars and trucks in production today and is leveraging its accrued technology know-how in developing a cost effective high-speed electric car called the ZAP Alias. For further information visit http://www.zapworld.com.

About Better World International, Ltd.

Better World International, Ltd., funded by Cathaya Funds Company, is a BVI company with headquarters in Hong Kong focused on infrastructure technology and services for electric vehicles. It is focused on joint partnerships with the power grid companies in China to build out the recharge station networks for the electric power infrastructure for electric vehicles, and on opportunities with companies that provide the core technologies to enhance electric power train conversion and support of fast charging stations.

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 the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission. Investors should consider the risk factors described in the Company’s Form 10-K for the fiscal year ended December 31, 2008 and Form 10-Q for the fiscal quarter ended September 30, 2009, as well as other filings.

Media contacts:

Pat Meier-Johnson
Pat Meier Associates Public Relations, for ZAP
415.389.1700
patmeier@patmeier.com

Annie Haas
Pacific Northwest National Laboratory
509.375.3732
anne.haas@pnl.gov

Company Contact:
ZAP
Alex Campbell
707-525-8658 x 241
acampbell@zapworld.com

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