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."

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