ZAP Jonway Announces EV Factory and E380 SUV China Type Approval

SANTA ROSA, CA--March 12, 2013: ZAP (ZAAP) an automotive company incorporated in California and headquartered in Santa Rosa, California announced that Jonway Auto, its subsidiary in Zhejiang, China was issued the EV Catalogue License and factory certification for EV production manufacturing, and also received E380 SUV China type approval and Catalogue License.  The EV Catalogue License issued to Jonway's factory for production manufacturing of Electrical Vehicles allows their factory in Sanmen, Zhejiang to manufacture and produce all current and future Electrical Vehicle products.  This certification process rigorously verifies the factory's safety procedures in handling production of EV products, and reviews the production processes, testing and handling of lithium battery packaging and installation.

ZAP Jonway also received the type approval for its E380 SUV.  The E380 SUV represents the first international EV to receive Chinese type approval.  The E380 SUV is the first electric vehicle allowed to be produced and sold in China from an international company, ZAP.  The electric power train for the E380 SUV was designed by ZAP Hangzhou Joint Venture; a joint venture company formed to do engineering design for electric vehicles, and was principally responsible for achieving the type approval, working in conjunction with the factory engineers at Jonway Auto.  This long arduous testing process took more than one year, and required extensive endurance and safety testing, as well as detailed engineering documentation of both the design and the test results that were collected during laboratory and extensive road tests taken over a period of more than nine months.

ZAP Jonway is now preparing for the delivery of its initial production units at the factory with its first orders, and plans to ramp up after delivery of its first productions.  The Company is currently working on a number of opportunities both in China and internationally.