Zap is poising itself to take advantage of China's extension of its electric vehicle incentive program. The government will be offering rebates on EVs, forgiving sales taxes and licensing fees, installing EV charging infrastructure and other measures to encourage adoption of zero-emission vehicles beyond 2015, through the year 2020. In response, electric vehicle company Zap and its partner Jonway Autos are decreasing production of gasoline-powered vehicles to make more EVs. It plans to increase
The never-ending attempted flight of the Aptera three-wheel design continues. After years of struggles and a bankruptcy in 2011, the Aptera assets were revived last year by a Chinese company, Zap Jonway. Zaptera USA, which now owns the Aptera Motors assets, has announced that Aptera will be split into two companies.
You know that feeling you get when, after a few years, you remeet your biggest crush from high school and begin fantasizing about actually hooking up for real, only to be jerked back to harsh reality by the appearance of their present paramour? Well then, that is the emotional roller coaster we expect rabid fans of the Aptera 2e might be experiencing right about now.
We'll level with you on this one. We all know that Zap has seemingly had some, ahem... interesting business practices in the past. And we're not really sure what to make of this latest news, either. With that in mind, here's the main point: Zap has merged (or bought, depending on your viewpoint) with China's Jonway Automobile. There are three more bullet points to consider...
At press conference ahead of the Beijing Motor Show, Steve Schneider, CEO of Zap introduced his company's latest effort, an electric taxi. Like previous Zap products, the taxi is to be produced in China. This one will built by a joint venture between Zap and electric meter manufacturer Holley Group.