Focusing on New Energy Efficient Vehicles, Gasoline and Full Electric, Utilizing Common Platforms
SANTA ROSA, California – November 15, 2011 – ZAP Jonway (OTC BB: ZAAP), a designer and manufacturer of gasoline and new energy electric vehicles (EVs), after extensive strategic planning and integration development, announced its joint product roadmap for 2012. The roadmap is focused on delivering affordable and technologically competitive new gasoline and EV models that address the growing market demand.
Dr. Priscilla Lu, Chairman of ZAP Jonway, stated: “The new ZAP Jonway models planned for delivery in 2012 maximize the strengths of both subsidiaries, ZAP and Jonway Auto. The new models utilize the experience base and the combined resources from both subsidiaries to accelerate the new EV models’ time to market, while maintaining the originally planned introduction of Jonway’s new gasoline models to the market in 2012. The new JNZ product line is designed to address EV platform requirements while remaining adaptable to either gasoline or an electric power train.”
Across the Asia Pacific region, various national-level initiatives and programs are underway to promote the awareness and adoption of electric vehicles (EVs), including the establishment of aggressive goals, subsidies for EV purchasers, research and development support, tax incentives, and public education programs. In certain markets, particularly Japan, these efforts have already borne fruit. Market players in Japan and Korean, however, are concerned about new challengers, mainly driven by competition in China. The Chinese EV market has critically important implications for global market participants. According to a recent report from Pike Research, China will be the leading market for EVs in Asia Pacific by 2015. The cleantech market intelligence firm believes that the Chinese market will represent almost half of the region’s total sales by 2015.
“China, where around 55 vendors are developing electrified vehicles or launching EV development programs, will likely create and lead an entirely new category around clean transportation,” says senior analyst Andy Bae. “The country will become one of the biggest consumer markets for EVs, and global industry players want to enter this market to tap the related opportunities.”
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