ZAP and Jonway Auto Show Lineup at 25th Internationaicle Symposium (EVS-25) Electric Vehicle

Nov 08 2010

ZAP Jonway Exhibit at EVS-25 November 5-9 in Shenzhen, China

ZAP Jonway A380 Electric SUV/TAXI Exhibit at EVS-25

ZAP Jonway is showing off some of its most up to date electric vehicles at EVS-25. The ZAPPY3, the ZAPINO, ZAP DUDE electric ATV and the Electric SUV/ Taxi are commanding everyone’s attention. There is a great deal of interest for the Remy motors that we are displaying in the booth. The electric SUV/TAXI has been the focal point for the visitors to our stand. People from Hong Kong and UK are asking for right-hand steering wheels. Technology suppliers have been requesting the opportunity of testing their equipment in the A380. Having a great deal of interest from distributors in many parts of the world for using our ZAP fleet vehicles, Germany, Italy and Australia. A lot of sales interest for the ZAP DUDE. We’ve even noticed engineers from competing companies just couldn’t resist coming over to learn about our vehicles. People are also having fun test riding the ZAPPY3. Enthusiasts and friends of ZAP and Jonway are also visiting to say hello, including Lotus Engineering, Japanese Media, Chinese Media and high level executives from Jonway. We expect an even busier day tomorrow.

SHENZHEN, China (November 4, 2010) – Electric vehicle pioneer ZAP (OTC BB: ZAAP) and Zhejiang Jonway Automobile Co. Ltd. are showing their lineup at the 25th International Electric Vehicle Symposium, EVS-25, November 5-9 in Shenzhen, China.

ZAP and Jonway Auto have signed an acquisition agreement whereby ZAP would acquire 51 percent majority ownership in Jonway Auto, including their auto assembly facility in Taizhou City, China. By combining Jonway Auto’s manufacturing capabilities with ZAP’s electric vehicle expertise, the two companies are working to combine forces to target the emerging electric vehicle fleet market in China.

ZAP and Jonway Auto are displaying Jonway’s A380 Sports Utility Vehicle (SUV) with an all-electric drive train engineered by ZAP. The vehicle is designed to meet the needs of fixed-route fleet and utility customers in China for corporate and government transportation as well as for taxis and limousines. The two companies will also be showing a new line of lithium battery powered electric motorcycles, new charging stations and other electric vehicles (EVs). The World Electric Vehicle Symposium and Exposition (EVS) series, organized by World Electric Vehicle Association (WEVA), is recognized as the premier event for academic, government and industry professionals involved in electric drive technologies. For more information, visit http://www.evs25.org.