Key Developments: ZAP (ZAAP.PK)

ZAAP.PK on OTC Markets Group

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31 Mar 2015
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Latest Key Developments (Source: Significant Developments)

ZAP Jonway Auto Expands into Southern China with Volume Purchase EV Contract from Guangzhou WuYang Group
Monday, 4 Aug 2014 12:08pm EDT 

ZAP Inc:Says the company and its subsidiary Jonway Auto signs volume purchase EV contract with Guangzhou WuYang Motors Group, the EV motorcycle group in Southern China.Jonway Auto and Guangzhou WuYang Motors Group (WuYang) jointly designed a new EV model to be completed and ready for production latter part of this year.Says the volume purchase EV contract signed with Guangzhou WuYang Group is targeting for no less than 6000 EVs over the next 12 months, with more than $20 million in aggregate revenues.  Full Article

ZAP announces strategic alliance with Tianjin Lishen Battery Company Ltd
Tuesday, 10 Jun 2014 12:17pm EDT 

ZAP:Enters into strategic alliance with Tianjin Battery Company Ltd (Lishen).Lishen will provide financing several thousand full vehicle EV conversion of US EV fleet vehicles using Lishen's latest technology in lithium Ion batteries and ZAP's proprietary patented Vehicle Control Unit (VCU).ZAP developed a custom designed power train for US delivery fleet with goal of becoming supplier to their electric power train which will replace the gasoline ones currently being used.After undergoing multiple iterations, its latest version released for trial will undergo extreme weather conditions, using Lishen's battery pack with improved energy efficiency and reliability.ZAP will begin financing discussions with fleet operator pending completion of trial which is likely to run through winter season.  Full Article

ZAP appoints Chi Kwong Fung as Chief Financial Officer - Form 8-K
Wednesday, 29 Jan 2014 03:27pm EST 

ZAP:Says effective Jan. 23, the company appointed Chi Kwong Fung as the company’s Chief Financial Officer.Says Fung previously served as the Company’s Finance Director and interim Chief Financial Officer.  Full Article

ZAP Announces Resignation Of CFO-Form 8-K
Friday, 9 Aug 2013 05:19pm EDT 

ZAP reported in its Form 8-K that effective August 6, 2013, Benjamin Zhu, for personal reasons, resigned as the Company’s Corporate Secretary and its Chief Financial Officer (CFO). The Company has appointed Chi Kwong Fung as the Company’s new Finance Director and interim Chief Financial Officer pending the Company’s hiring of a Chief Financial Officer.  Full Article

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