Jonway ZAP A380 SUVs Crossing Himalayas from Lhasa, Tibet to Nepal's Katmandu on April 1


LHASA, Tibet, March 29, 2011 /PRNewswire/ -- Jonway Automobile, a majority owned subsidiary of Jonway ZAP (OTC Bulletin Board: ZAAP) will be showcasing 12 of their traditional gasoline A380 SUVs as they caravan through the Himalaya Mountains in an eight day expedition from Lhasa, Tibet to Katmandu in Nepal, starting April 1, 2011.

The caravan will take about three days to cross the Himalayas from Lhasa to Katmandu, and will be followed by another 5 days of touring mountain tracks through Nepal.  This is the first attempt ever to cross the mountains in 3 days with 12 SUVs, and will be accompanied by 44 journalists.  The event is sponsored by China SUV Magazine and is described on their website using the following link: http://www.chinasuv4x4.com/html/shouye/rediantuijian/2011/0325/1550.html.

Recently Merged ZAP Jonway to Display New Models, Electric Cars at Auto Shanghai 2011

Following a recent acquisition of Zhejiang Jonway Automobile Co. Ltd. of China by ZAP of the United States, the newly formed company ZAP Jonway (OTC BB: ZAAP) will be showcasing two new electric cars anticipated for production later this year at the Auto Shanghai 2011.

WHAT: New ZAP Jonway models on display at Auto Shanghai 2011
             - A380 Electric SUV
             - Alias electric car
             - SUV (Mitsubishi transmission)
             - Van

WHERE: Shanghai New International Expo Center from April 21 to 28
               2345 Longyang Road, Pudong, Shanghai
               http://www.autoshanghai.org/EN/index.aspx

WHEN: Media Days: April 19-20, Public Days, April 21-28

ZAP Jonway Adds to Finance Team, Leo Shan as Deputy CFO of Jonway Auto

March,11,2011
SANTA ROSA, Calif.–(BUSINESS WIRE)– Electric car pioneer ZAP Jonway (OTC BB:ZAAP.ob – News) and its majority owned subsidiary Jonway Automobile added another member to its finance team following the appointment of Benjamin Zhu as Chief Financial Officer last week. Leo Shan Yongqiang has joined as Deputy CFO effective March 1, 2011 and will assume responsibility of Jonway Automobile in China as part of Benjamin Zhu’s global finance team.

Since 2008, Leo Shan was deputy finance director for Chery Automobile, a leading maker of passenger cars in China. He was also CFO for Chery’s international joint ventures, overseeing finances for Chery’s overseas subsidiaries, including investments in Russia, Brazil, Uruguay, Malaysia, Ukraine, Kazakhstan and Iran. Prior to this he was finance controller in China from 2006 to 2008 for German publisher Wolters Kluer Information & Technology Co., a leading global information services and publishing company. He also served as Senior Auditor from 2003 to 2006 at Price Waterhouse Coopers in Beijing.

“Leo Shan comes with extensive international finance experience and will be helping us manage our international global partnerships and expansions in joint ventures with companies in many countries around the world,” said Mr. Zhu.

“Benjamin Zhu and Leo Shan strengthen the executive finance management team of ZAP Jonway and bring in-depth knowledge of the automobile space as well as broad international market relationships,” said Dr. Priscilla Lu, Chairwoman of ZAP Jonway.

ZAP : Jonway Appoints New CFO, Benjamin Zhu Li Dong, Former Deputy CFO of Beijing Auto, Foton

02/28/2011
SANTA ROSA, Calif., Feb. 28, 2011 /PRNewswire/ -- Electric car pioneer ZAP (OTC Bulletin Board: ZAAP), headquartered in Santa Rosa, California, and its majority owned subsidiary Jonway Automobile, are pleased to announce the appointment of Benjamin Zhu (Zhu Li Dong) as the Chief Financial Officer of ZAP and Jonway Automobile. Benjamin Zhu joins ZAP and Jonway Automobile March 1st, 2011. William Hartman, current CFO of ZAP will complete the year-end 2010 audits and the consolidated report of ZAP and Jonway Automobile for 1Q2011, while Benjamin Zhu and his team take over 2Q2011.

Since 2009 Benjamin Zhu has served as deputy CFO of Beijing Auto, Foton, one of the largest automobile companies in China, with reported yearly sales volumes of over 700,000 units. He led the group's operational finance, cost control and overseas partnerships and investments. Prior to this, he served as CFO of Ready Medicine Group, one of the largest medicine distribution and retailing companies with revenues of over 6 billion RMB. As CFO he led mergers and acquisitions and oversaw the IPO of the company in the United States in 2008. He was also the CFO of Chery Auto Group, China's largest passenger car automaker with reported sales volume of over 680,000 passenger sedans annually. From 2007 to 2008, as CFO he led the IPO of Chery Automobile in China. Prior to this, Mr. Zhu was Audit Manager at Deloitte & Touche and then at Price Waterhouse Coopers for nine consecutive years.

"We welcome Benjamin Zhu as Chief Financial Officer of ZAP Jonway," said Dr. Priscilla Lu, Chairman of ZAP Jonway and General Partner of Cathaya Capital. "We are bringing a new team of management executives on board to lead the growth of the new, combined ZAP Jonway. Mr. Zhu brings to our company tier one Chinese automobile finance management experience. His extensive international experience will help reinforce our financial growth, and his strong auditor background will help exert the required discipline in financial control, leveraging the knowledge from when he was audit manager at Deloitte and Price Waterhouse."

One in five car buyers ready for an electric vehicle, latest research shows

Jan,14,2011
Nineteen percent of drivers surveyed by IBM's Institute for Business Value (IBV) said that they were either "very likely" or "likely" to consider purchasing an electric-only vehicle when shopping for a new car. This is notable, given that 42 percent of drivers know only "a little" about EVs or have "only heard of them.”

Thirty percent of drivers surveyed said that they would consider switching to an EV that got 100 miles or less per charge. Current EVs get about 50 to 100 miles per charge.

And 40 percent of drivers said they would pay up to 20 percent more for an electric-only vehicle compared with a similarly-featured gas-, diesel, or hybrid-powered vehicle, with 27 percent saying they would pay 10 percent more and 13 percent saying they would pay 20 percent more.

The results of this research bodes well for the emerging EV industry in the Bay Area. Most notable is Tesla Motors based in Palo Alto. Tesla is currently retrofitting a portion of the shuttered NUMMI plant in Fremont to manufacture it's upcoming Model S sedan. Other local companies involved in the burgeoning EV business include Santa Rosa's ZAP (manufacturer of small electric vehicles), CODA Automotive who has announced its intentions to assemble electric vehicles in Benicia, and Palo Alto's Better Place, an EV battery infrastructure solution provider.

Nevertheless, the price of a home charging installation often required to support an EV could pose an obstacle to EV adoption, according to the study. Only 13 percent of drivers said they would consider spending more than $1,000 to retrofit their residence to support recharging of an electric vehicle. According to industry estimates, retrofitting to a 240 volt outlet accessible to vehicles averages between $1,000 and $2,000.

In addition, two-thirds of consumers expect a price discount on their electricity for charging at home overnight. This expectation could place increasing focus on utilities for time-based pricing to encourage home charging, or more public charging will be required if an electricity discount is not available.

Home charging is considered important to the success of EVs. Of the drivers surveyed, 83 percent said they park their primary vehicle in the driveway or garage of their private residence, as opposed to in a parking lot, on the street, in a shared garage or some other location.

Perhaps a reflection of America's consumer culture, 62 percent of drivers surveyed said they most often parked in a mall or store parking lot when not at home or work. That's substantially higher than any other location – "on the street" was number two at 17 percent.

China Plug-In Electric Vehicle Forum 2011

Jan,10, 2011
China Plug-In Electric Vehicle Forum 2011 with the main theme of "Improving Infrastructure & Facilitating Industrialization", organized by Genesis Resourcing Consulting China, to be held on 10 & 11, March, 2011 at Pudong Ramada Plaza Shanghai, China.


Over the next ten years, the Chinese government will invest more than Yuan 100bn (US$15bn) in subsidising the country's industry and infrastructure for environmentally friendly and alternative fuel vehicles.

This two-day conference and exhibition will gather 200+ EV OEMS, Utilities, Charging Infrastructure Developers, EVs Charging Equipments, Technologies and Solutions Providers, Regulatory and Standards Bodies, Battery Technologies Providers, Components Manufacturers, Application Developers, Consulting and Investing Companies, Research Institutions and Associations to create win-win business models for China EV charging infrastructure economy.

Advisory board Chair Dr. CC. Chan in ZAP is one of the speaker in this event.
Dr. CC. Chan is President of the World EV Association EV Association of Asia Pacific Member of the Chinese Academy of Engineering Prof. He has had over 50 years academic and industrial experience. He is currently the Honorary Professor and the former Head of the Department of Electrical and Electronic Engineering, the University of Hong Kong. Prof. Chan is a Fellow of the Royal Academy of Engineering, U.K., the Chinese Academy of Engineering, the Ukraine Academy of Engineering Sciences, IEEE, IET and HKIE. He authored and coauthored 11 books, over 300 technical papers and holds 9 patents. His mission is to promote the global collaboration for the advancement of science and technology for global sustainable development.













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