SANTA ROSA, Calif.,
Nov. 3, 2014 /PRNewswire/ -- ZAP
(ZAAP), an Electric Vehicle (EV) automotive company incorporated in
California Bay Area, and its subsidiary Jonway Auto strengthens its
EV sales distribution network with signing an OEM contract with
AIMA, the largest producer of EV motorcycles in the world to
manufacture and produce a new version of the URBEEs. AIMA
will be selling the new URBEE models through its 2000 EV motorcycle
dealers all over China. AIMA is headquartered in Tianjin and had sales of over 3 million
electric motorcycles last year in China. AIMA, working with
Jonway Auto funded a new design of the URBEE family to provide a
unique look for its brand. Sales of these new models will
commence in January 2015, and the
products will be manufactured in Jonway Auto's factory in
Zhejiang Province, just south of
Shanghai.
AIMA is one of five major OEM partners that Jonway Auto has
signed strategic agreements with. The strong interest stems
from a growing community of users in China that need an affordable city
transportation vehicle but may not have a driver's license.
Categorized as a low speed vehicle, the URBEEs can be driven on
city streets with a maximum speed limit of 35 mph but does not
require the driver to hold a driver's license. The other OEM
partners are Sunra from Jiangsu
Province, third largest EV motorcycle manufacturer in
China, Zongshen, the largest EV 3-
wheel motorcycle manufacturer in China, also based out of Jiangsu, Da Jiang from Hebei Province, and Wu
Yang from Henan Province.
In anticipation of legal categorization of low speed vehicles
in China, these manufacturers are
gearing up sales. Each of these companies has paid for their own
unique look and feel of the URBEE to market into their dealership
networks. The motorcycle dealerships' current targeted market
aligns with the customers that are interested in the URBEE product
because these customers are generally city commuters looking for an
affordable vehicle driving at city speeds, with a comfortable ride
and compact enough for easy parking. With 30 million EV
motorcycles sold last year in China, this sector of the Chinese market is
very familiar and comfortable with "plug-ins". The
URBEE with 150km in range is more than sufficient for a day's
commute, and most likely would only require a couple of recharges
per week.
The Eco-friendly EV URBEE designed as a "small, big" car for the
cities, is easy to get in and out of, and is ideally suited
pricewise as a utility vehicle for the young adults and also the
aging population that never had a driver's license. With
heating and air conditioning in the electric vehicle, the URBEEs
are weather proof and safer than motorcycles.
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, certified for EV manufacturing,
and engineering, sales and customer services facilities in
China. Jonway has production capacity of up to 50,000
vehicles per year, over 1 million square feet of factory space, and
over 65 acres of land and 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 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
SOURCE ZAP Jonway