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...
Zap's moving to China. OK, it's just opening a new nanotechnology battery "joint development office" with Advanced Battery Technologies, Inc. (ABAT) in Beijing, the two companies announced today. The reason for opening this office is "to expand their research, manufacturing and marketing of advanced batteries for electric cars using the latest in nanotechnology."
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