ZAP Jonway Exhibits at the 2012 Beijing International Automotive Show
SANTA ROSA, Calif., April 26, 2012 (GLOBE NEWSWIRE) -- ZAP Jonway (ZAAP.OB - News), a manufacturer of gasoline and new energy electric vehicles (EVs), will showcase its traditional gas and all-electric vehicles at the 2012 Beijing International Automotive Exhibition held from April 23, 2012 through May 2, 2012 at the China International Exhibition Center in Beijing, China. ZAP Jonway's stand will be in Hall E2.
Alex Wang, Co-CEO of ZAP Jonway and CEO of Jonway Automobile, stated: "The Beijing Auto Show is one of the most important automobile showcase in the world. We are excited to display several of our Jonway Auto vehicles, including our new five-door gasoline SUV, the JNZ A380-G with its fully re-styled interior, and our EV product line."
The 2012 Beijing International Automotive Exhibition is globally recognized as one of the most important auto shows in the world. Held every two years, the 2010 exhibition set a new record for auto shows in Asia with 785,600 visitors and over 2,100 exhibitors from over 16 countries and regions in attendance. The Beijing International Automotive Exhibition is now one of the most influential in the auto industry as China is becoming one of the most important auto markets in the world.
About ZAP Jonway
ZAP Jonway combines the attributes of both companies, ZAP and Jonway Automobile, to design and manufacture quality, affordable gasoline and new energy electric vehicles (EVs). With Jonway Automobile's established ISO 9000 manufacturing facilities, research and development and sales and customer services facilities in China, ZAP Jonway is well positioned to scale up production and sales for both gasoline and EVs for China and the international markets. ZAP, an early pioneer of EVs, brings to the new combined company a broad range of EV design experience that is being applied to new product lines. ZAP Jonway is focused on addressing on EV fleets targeting city delivery trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. ZAP Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. ZAP Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People's Republic of China. Additional information about ZAP Jonway is available at http://www.zapworld.com.
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This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP's products, increased levels of competition, new products and technological changes, ZAP's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in ZAP's periodic reports filed with the Securities and Exchange Commission.