Zap (Zero Air Pollution), an American electric vehicle maker known for their fleet vehicles, small trucks, cars and scooters, and Zhejiang Jonway Automobile Co. Ltd., announced a commercial agreement for the development and production of electric SUV's, cars and other vehicles for domestic and worldwide sales.
Jonway currently manufactures several thousand 3 and 5-door,1.6L to 2.4L, A380 SUV's per month with a capacity to produce 50,000 vehicles per year. Zap and Jonway collaborated to produce an electric version of the 5-door A380, using Zap's latest AC propulsion and lithium ion battery system technologies to create a high performance midrange vehicle targeting the fleet vehicle market in China.
Zap brings their EV expertise, R&D and worldwide sales channels, while Jonway provides manufacturing capability, a conventional vehicle platform and their own domestic sales channels, to jointly market this all electric SUV in China and around the world. ZAP will license the technology developed at their Santa Rosa, CA research center to Jonway for this endeavor.
Through this agreement, Zap is hoping to take advantage of China's $8,800 subsidy for vehicles produced and sold in China. Jonway, of course, leverages Zap's many years of proven EV technology from fleet sales to UPS and others.
[Source: Press Release]
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By Noel Park Posted: 1/21/2010 3:27pm PST
By Jason M. Hendler Posted: 1/21/2010 5:19pm PST
This could be huge for both, but a miss is as good as a mile in the EV marketplace.
By Noel Park Posted: 1/22/2010 12:55pm PST
Given that the Chinese government is so much more of a command and control system, it would not surprise me to see them force the acceptance of BYD's intitiatives by whatever means necessary.
And please do not take me for an apologist for the Chinese government. The idea of BYD establishing a strong presence here, and undercutting what remains of our auto industry, scares me to death.
By Jason M. Hendler Posted: 1/22/2010 2:01pm PST
By Noel Park Posted: 1/22/2010 3:13pm PST
By Greg Johnson Posted: 1/22/2010 5:31pm PST
By Jason M. Hendler Posted: 1/22/2010 6:56pm PST
By Alex Posted: 1/27/2010 3:09pm PST
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