I just wanted to Thank you and to let you know how much I like the Zappy3 and the amount of attention and inquires I have received from people as we tour San Diego. My wife and I are full time RVer’s and are traveling the United States. We are now in San Diego and the last 4 days we have given the Zappy3 a very hard work out. We rode the city trolley on all 3 lines off and on, riding the trolley to stop and see the US Midway museum and taking Old Town trolley around the city. We went to the San Diego Zoo and spent the day and put it to the real test of seeing the whole zoo and doing most of the steep hills without a problem. At the zoo I had 3 or four people take a picture of the Zappy3 and ask for details. And it seemed like dozens of people stopping me and asking about the Zappy3 and where I got it. It allows me to go places and do things I couldn’t do because of my feet issues.
— Ken K., Sioux Falls, Idaho
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 Completes 51% Acquisition of China’s Jonway Automobile, Cathaya Capital Funds Total of US$36 Million
New U.S.-China Automaker Aims at Emerging Electric Car Market
SANTA ROSA, California (January 25, 2011) – Electric vehicle market pioneer ZAP (OTC BB: ZAAP) announced today that it has completed its acquisition of 51 percent of the capital stock of Zhejiang Jonway Automobile Co. Ltd. of Sanmen, Zhejiang, China. Cathaya Capital LP has funded the aggregate amount of US$36 million.
The final payment of US$19 million related to the acquisition was made on January 21, 2011 with the funding from Cathaya Capital. Total cash payment for the acquisition of 51 percent of Jonway Automobile was US$30,030,000.
With ZAP’s electric vehicle (EV) technology expertise and international experience, the combined company intends to build the necessary production platform to address the Chinese EV market. The newly combined company, to be renamed ZAP Jonway, will leverage Jonway Auto’s A380 SUV, as well as its established distribution channels to the Chinese market with over 90 direct dealers. ZAP Jonway will manufacture and sell SUVs powered by ZAP’s electric drive train and expects to benefit from the 60,000 RMB (approximately US$9,000) government incentives granted to electric car buyers.
Jonway Automobile anticipates vehicle sales for its gasoline A380 SUV to increase by 40 percent to over 10,000 vehicles in 2011 compared to 2010. In 2009, its first year of sales, Jonway Automobile experienced sales of 4,000 SUVs, which rose to over 7,000 in 2010, each with a sales price of around US$11,000. ZAP Jonway is currently adding to its manufacturing production lines to deliver the A380 EV SUV by the anticipated date of June 2011 and ZAP’s ALIAS EV roadster by September 2011.
“Jonway Automobile’s revenues from selling its gasoline vehicles will help build the foundation for ZAP Jonway’s growth in the electric vehicle market, allowing ZAP to focus on further strengthening its EV technology, reinforced by Jonway’s manufacturing production expertise and ready market access to China,” said Dr. Priscilla Lu, founder and general partner of Cathaya Capital, a Cross Border Fund focused on China. Dr. Lu has served as Chairman of the Board for ZAP since September 2009. Cathaya Capital has invested US$36 million in ZAP since September 2009 with the goal of completing this 51 percent acquisition of Jonway Automobile.
Jonway Automobile is ISO 9000 certified with over 3.6 million square feet of fully provisioned factory space on 141 acres of land.
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
+1-707-525-8658 x 241
ZAP Jonway China
SANTA ROSA, California (October 22, 2010) – A new electric all terrain vehicle (ATV) from ZAP (OTC BB: ZAAP) is eligible for a 25 percent sales rebate from the State of California Air Resources Board, under a program to support the use of electric vehicles from agriculture. On September 16, 2010 the rebate amount increased from 15 percent to 25 percent of the manufacturer’s suggested retail price.
ZAP’s DUDE all-electric ATV is ideal for agricultural operations, like wineries, dairies, farms, ranches, wholesale, nurseries, raising and harvesting of crops from soil, the raising of fowl or animals, logging and forestry operations.
The $1.1 million Zero-Emission Agricultural Utility Terrain Vehicle (Agricultural UTV) Rebate Project is intended to encourage and accelerate the use of zero-emission work vehicles for use in California agricultural operations, as defined by ARB’s Regulation for In-Use Off-Road Diesel Vehicles. The program provides rebates for the purchase of new, eligible all terrain and utility vehicles on a first come, first serve basis. Rebates for these vehicles are now available through the Agricultural UTV Rebate Project and implemented statewide by the San Joaquin Valley Unified Air Pollution Control District (SJVUAPCD).
“ZAP’s participation in this rebate project is providing eligible California consumers with a clean technology option at a time when our state needs it most,” said Lucina Negrete, Manager Air Quality Implementation Section Mobile Source Control Division.
Eco-friendly yet powerful, the ZAP DUDE is a 4X2 designed to handle heavier jobs at an MSRP of $5,495.00. The 4000 watt, 8 horsepower electric motor can tow up to 650 lbs. and drives the Dude up to 25 MPH. The entry-level Dude can travel up to 25 miles. Range will vary significantly depending on hill grade, speed, rider weight and other factors. The batteries can be recharged using the on-board charger at any standard outlet. The Dude has a front and rear cargo rack capacity of 100 lbs. each and a rider weight capacity of 290 lbs. and uses rugged steel construction.
While the ZAP Dude is ideal for agrarian tasks and hunting/outdoor sports, it is also a handy, reduced-noise utility vehicle for parks, zoos, campuses, sports stadiums, facilities golf courses, maintenance, and security. With reduced engine noise, the Dude allows hunters to more easily approach game. Because it creates no tailpipe emissions, the ZAP electric ATVs can be used safely indoors as well.
Electric ATVs offset many of the objections leveled at gas models. Electric motors produce substantially less noise than their gas counterparts. They help save money with electricity costing about one cent per mile versus ten cents or more per mile for gasoline. Research shows that electric motors have less maintenance with fewer moving parts subject to wear and tear, with no oil changes, spark plugs or tune-ups required.
Electric ATVs operate at much lower temperatures compared to internal combustion models, so riders have little worry of burning their legs or sparking a brush fire. ZAP recommends riders always wear a helmet and use their ATVs only off-roads.
ZAP has been a leader in electric transportation since 1994, delivering over 117,000 vehicles to consumers in more than 75 countries. ZAP manufactures a line of electric vehicles, including electric city-cars and trucks, motorcycles, scooters, bicycles, and ATVs. ZAP sells some of the only electric city-speed cars, trucks and vans in production today and is developing a freeway capable electric vehicle called the ZAP Alias. For product, dealer and investor information, visit http://www.zapworld.com.
Alex Campbell, ZAP
+1-707-525-8658 x 241
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
100+ MPGe Electric Car in Progressive Insurance Automotive X PRIZE Awards Ceremony Followed by Presentation to U.S Department of Energy Secretary Steven Chu
WASHINGTON, D.C. (September 16, 2010) The Alias electric car from ZAP Jonway (OTC BB: ZAAP) will be participating in two events in Washington, D.C. on Thursday, September 16, 2010. From 10:30 AM – 12:00 PM, the Alias will be featured as a finalist in the Progressive Insurance Automotive X PRIZE Awards Ceremony at the Historical Society of Washington D.C. From 2:15 to 2:45 PM the Alias will be presented to U.S. Department of Energy Secretary Steven Chu.
EVENT 1 PROGRESSIVE INSURANCE AUTOMOTIVE X PRIZE CELEBRATION & AWARDS CEREMONY
WHEN: 10:30 AM – 12:00 PM, Thursday, September 16, 2010
WHO: ZAP Jonway Alias Team Members as well as officials and other teams competing in the Progressive Insurance Automotive X PRIZE
WHERE: Historical Society of Washington, D.C., 801 K Street NW at Mount Vernon Square, Washington, DC
WHY: Alias is one of nine finalists for the $10 Million Progressive Insurance Automotive X PRIZE for 100 MPGe cars
EVENT 2 U.S. DEPARTMENT OF ENERGY PRESENTATION
WHEN: 2:15-2:45 PM (may extend until approximately 3:30), Thursday, September 16, 2010
WHO: Photo and Interview Opportunity with U.S. DOE Secretary Steven Chu
ZAP Jonway Alias Team Members, X PRIZE Officials
WHERE: US Department of Energy, 1000 Independence Ave. SW, Washington, D.C.
INFO: ZAP Jonway Contact: Alex Campbell, email@example.com
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