Company Overview

ZAP Jonway Corporate Logo

NEW ENERGY VEHICLES

ZAP Jonway combines the attributes of its parent subsidiary companies to design and manufacture quality, affordable gasoline and electric vehicles (EVs), also referred to as new energy vehicles. With its established ISO 9000 manufacturing facilities, research and development and sales and customer services facilities in China, ZAP Jonway is well positioned to scale up production for both gasoline and EVs for China and the international markets. ZAP, an early pioneer of EVs, brings to the new combined company a broad range of EV design experience that is being applied to new product lines. ZAP Jonway is focused on addressing on EV fleets targeting city deliveries trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. ZAP Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. Jonway’s traditional gasoline vehicles are distributed globally across 30 countries. ZAP Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People’s Republic of China. Additional information about ZAP Jonway is available at http:// www.zapworld.com.

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Press Release: ZAP Completes 51% Acquisition of China’s Jonway Automobile, Cathaya Capital Funds Total of US$36 Million

Jonway Automobile Website: http://www.jonwayauto.com/english/index.asp