SANTA ROSA, Calif.,
Aug. 28, 2014 /PRNewswire/ -- ZAP
(ZAAP), an Electric Vehicle (EV) automotive company incorporated in
California and headquartered in
Santa Rosa, California, and its
subsidiary Jonway Auto received endorsement and accolades from
Zhejiang Taizhou Mayor Mr. Zhang
Bing, and Zhejiang Taizhou Party Secretary Mr. Wu Wei Rong in recent visits to Jonway Auto's
factory in Sanmen, Zhejiang. Specific recognition was given
to Jonway Auto's contribution to the industry in leading new energy
vehicles, and its role in developing practical, safe and good
quality EV products for China's
mass market at an affordable price. Previously, Mr.
Xia Bao Lung, Party Secretary of
Zhejiang also visited the factory
in support of Jonway Auto's pioneer effort in developing innovative
and cost effective EV products for the China market.
Mr. Zhang Bing, Mayor of Taizhou
city, and his delegation visited Jonway Auto on Aug 13, 2014, and were favorable impressed with
ZAP and Jonway Auto's EV product line and subsequently followed
with suggestions on how Jonway Auto can more quickly expand its EV
market in China with licensing
grants particularly for the Urbee which is well positioned for the
smaller urban cities of China.
One of the key target markets for Jonway Auto's EV products in
China is the government market,
especially for the EV SUV and EV minivan products which are
standard speed highway EV products that are eligible for large
government subsidies. The smaller Urbee product line targets
small urban cities in China and
with the potential possibility of receiving special licensing
support from the regional government, this market could expand
further.
Jonway Group, the joint partner of ZAP and founder of Jonway
Auto is headquartered in Taizhou, which is a city that is a couple
of hundred miles of coastline on the eastern border of China just south of Shanghai and Ningbo. It is also the city
where Geely Zhejiang Holding Group, the current holding company of
Volvo was originally founded. With the endorsement and
support of the Mayor of Taizhou in Zhejiang, Jonway Auto will be better position
to address the potential government fleet opportunities within the
surrounding regions.
About ZAP and Jonway Auto
ZAP and Jonway Auto designs
and manufactures quality, affordable new energy and electric
vehicles (EVs). Jonway Automobile has ISO 9000 manufacturing
facilities, engineering, sales and customer services facilities in
China, Jonway has production
capacity of up to 50,000 vehicles per year, and has established
sales distribution network in China. ZAP, an early pioneer of EVs, brings to
both companies a broad range of EV product technologies. ZAP is
headquartered in Santa Rosa,
California and Jonway Auto is located in Zhejiang Province of the People's Republic of China. Additional
information about ZAP Jonway is available at
http://www.zapworld.com.
This press release contains certain forward-looking
statements is defined in the Private Securities Litigation Reform
Act of 1995. The words "anticipate," "believe," "estimate,"
"expect," "intend," "plan," and similar expressions that may tend
to suggest a future event or outcome are not guarantees of
performance, which cannot be predicted or anticipated. These
forward-looking statements are based largely on expectations and
are subject to a number of risks and uncertainties, many of which
are beyond the control of the Company. Actual results could
differ materially from these forward-looking
statements.
Contact: Michael Ringstad
Mringstad@zapworld.com
707-525-8658x104
Photo - http://photos.prnewswire.com/prnh/20140828/141197
SOURCE ZAP and Jonway Auto