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.
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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.–(BUSINESS WIRE)–Electric vehicle pioneer ZAP (OTC BB: ZAAP) is moving its previously announced June 15, 2011 annual meeting of shareholders (the “Annual Meeting”) to June 20, 2011 and will hold the Annual Meeting at the Hyatt Residency San Francisco Airport at 1333 Bayshore Highway, Burlingame, CA 94010. Shareholders of record at the close of business on April 25, 2011, the record date, will be entitled to notice of and to vote at the Annual Meeting. The Company will mail and provide access to its definitive proxy materials to its shareholders prior to the Annual Meeting.
About ZAP Jonway
On January 21, 2011, ZAP completed its acquisition of 51% of the equity shares of Zhejiang Jonway Automobile Co. Ltd. Together, ZAP Jonway combines ZAP’s 16 year experience in electric vehicle design and Jonway’s volume automobile manufacturing in China. ZAP Jonway 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. ZAP Jonway offers a product line of all-electric trucks, vans, sedans, and motorcycles in production today. ZAP Jonway news and information is available at http://www.zapworld.com.