SANTA ROSA, Calif.,
Feb. 4, 2015 /PRNewswire/ -- ZAP
(ZAAP: OTC), an Electric Vehicle (EV) automotive company
incorporated in California Bay Area, and Jonway Auto just signed an
OEM contract on February 2, 2015 for
5000 units of ZAP Jonway's EV Minivans that will be sold under the
brand of Dong Feng Motor Corporation (www.dfmc.com.cn), one of the
top Auto enterprise groups in China through its partner Shi Kong (SKIO Matrix) Electric Vehicle Company,
based in Hangzhou, Zhejiang
Province. Shi Kong is the integrator and agent for
Jonway's EV minivan to Dong Feng Automobile, one of the top four
state owned auto manufacturers in China and also the second automobile company
established by the Chinese government. Dong
Feng is the joint venture partner of Honda, Nissan and
Citroen/Peugeot.
ZAP Jonway's EV minivan will be typed approved as a delivery van
with the enhanced battery capacity specified by Dong Feng Motor
Corporation and integrated by its partner Shi Kong. Jonway's type approved passenger
EV minivan will be the platform for getting certification for the
newly configured delivery van to be sold into Dong Feng's massive nationwide auto dealership
network. Jonway's EV minivan will be the first EV minivan to be
offered by Dong Feng for mass market
in volume production.
ZAP Jonway's EV minivan will be configured as a cargo van with
passenger seats removed to allow room for cargo and also additional
battery capacity to operate over 300km in range per recharge.
The batteries used will be supplied by Tianjin Lishan Battery,
which is a long time strategic partner of ZAP and Jonway Auto. This
volume contract of 5000 vehicles is for the first year after
completing certification of the new configuration.
Jonway and Shi Kong are
targeting delivery of these EV minivans for Dong Feng in June 2015. Therefore, the
sales of Jonway's EV minivan with the Dong Feng OEM label will
begin second half of 2015, through its partner Shi Kong (SKIO Matrix).
About Dong Feng Motor Corporation
Dong Feng Motor Corporation is one of the Big Four China State
Owned Auto Groups, and the oldest established auto enterprises in
China along with First Auto.
It was incorporated in 1969. Dong Feng Motor Corporation is
also known as #2 China Auto. Its subsidiaries include
production of heavy and light industry trucks, SUV, and
sedans. It is one of the largest auto producers of
China, and has joint ventures with
Honda, Nissan, Citroen and Peugeot. Dong Feng is listed in 2006 on the Hong Kong
Heng Seng Index (00489.HK) and the Shanghai Stock Exchange
(600006).
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
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SOURCE ZAP and Jonway Auto