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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.

Might more be going on at Zap then we had previously heard? Considering the number of previous product promulgations that subsequently never materialized we aren't holding our breath, but who knows, maybe this time there is a wolf. What's the news/rumor this time? That the controversial California company is teaming up with Zhejiang Jonway Automobile Co. Ltd to produce electric SUVs, cars and other vehicles for the Chinese, European and North American markets. Jonway currently produces a three-