International
ZAP Receives Order for 100 New Electric SUVs from Samyang Optics
SEOUL, Korea, SANTA ROSA, California and HANGZHOU, China (February 22, 2010) – Electric vehicle pioneer ZAP (OTC BB: ZAAP) has accepted a purchase order from Samyang Optics Co. Ltd. (KSE: 008080.KS) of Korea for 100 electric SUVs to be built through a partnership with China auto manufacturer Zhejiang Jonway Automobile Co. Ltd.
Samyang Optics Announces Partnership with US Electric Car Maker ZAP for Korea Market
SEOUL, Korea (January 27, 2010) – Samyang Optics Co. Ltd. (Kospi: 008080.KSE) announced today at a special press conference extravaganza event held at the Grand Hilton Convention Center in Seoul, Korea, that it has signed a distribution agreement with California electric transportation pioneer ZAP (OTC BB: ZAAP) for the exclusive rights to manufacture, assemble and market ZAP's complete line of electric trucks, vans, motorcycles, scooters and ATVs in Korea. This event was well attended by more than 500 people, with 150 people from the media, including media coverage by SBS, YTN, and MBN television stations in Korea.
ZAP, Jonway Partner to Target China Electric SUV Market
Companies Agree to Develop, Manufacture and Market Electric Compact SUVs and Other Vehicles in China for Worldwide Distribution
SANTA ROSA, CA and TAIZHOU, CHINA--(Marketwire - 01/21/10) - US electric vehicle pioneer ZAP (OTC.BB:ZAAP - News) and China auto manufacturer Zhejiang Jonway Automobile Co. Ltd. announced a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution.
ZAP Enters China Electric Vehicle Market with Holley Group, the Global Leader in Electric Power Meters
Phase II of ZAP’s Strategy to Reposition for Global Market
SANTA ROSA, California and HANGZHOU, China (December 16, 2009) -- Electric transportation pioneer ZAP (OTC BB: ZAAP) and Holley Group, the world's largest volume producer of electric power meters according to the Wenhui-Xinmin United Press Group, have established a joint venture company in China with backing from venture capital firm Better World International to target the electric vehicle market in China.
ZAP and ETI Tech of Malaysia Sign Binding MOU for Electric Vehicle Joint Venture
SANTA ROSA, California and KULIM, Malaysia (August 19, 2009) – U.S. electric vehicle pioneer ZAP (OTC BB: ZAAP) and Malaysia’s home grown green technology company, ETI Tech Corporation Berhad (listed on ACE Market of Bursa Malaysia: 0118.KL; ETITECH), jointly announced today their intention to form a manufacturing and distribution joint venture.
ZAP and ETI Tech have signed a binding Memorandum of Understanding (MOU) for the supply of ETI Tech batteries and battery management systems (BMS) for ZAP personal transportation electric vehicles. The two companies have also agreed to joint manufacturing and distribution and expect to execute a definitive agreement within ninety days from the date of signing the MOU.
