Articles from Zapp Electric Vehicles Group Limited

Recent operational achievements better position Zapp to scale production as i300 hits the streets of Bangkok

Management will host a shareholder and analyst conference call on February 4, 2025

The previously announced new microfactory reference site showcases Zapp’s proprietary, flexible and ‘gen-2’ sustainable production innovations, demonstrating its low-cost installation and setup that can be quickly replicated in additional locations

The new low-cost manufacturing facility located in the Bangkok Free Trade Zone will be delivered by AIH Group, a manufacturing consulting firm with a global footprint working with leading automotive OEMs.

Enables first customer deliveries in Thailand, the fifth largest market for two-wheeler sales globally, while Zapp advances toward commercial rollout in more countries in Southeast Asia in addition to India

Newly created role will leverage extensive background with luxury and performance automotive brands as Zapp prepares to scale operations

First deliveries expected in August 2024 ahead of wider commercial rollout, including in India and additional countries in Europe and Southeast Asia

Facility to provide capital for expansion to additional countries, including initial proceeds to start production with planned new contract manufacturer in India

First customer deliveries of i300 electric urban motorcycle expected in summer 2024 ahead of accelerated commercial rollout planned in India and Southeast Asia

Partnership expected to accelerate homologation and commercial rollout of Zapp’s i300 electric urban motorcycle in one of the largest markets for sales of two-wheelers

LONDON, April 16, 2024 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionize personal urban mobility, today announced that its shareholders approved at the Company’s annual general meeting on April 11, 2024, and that the Company will effect, a consolidation of its authorized share capital at a ratio of 1-for-20 (the “Reverse Stock Split”), in order that the share capital of the Company be amended from US$50,000 divided into 500,000,000 ordinary shares of a nominal or par value of US$0.0001 to US$50,000 divided into 25,000,000 ordinary shares of a nominal or par value of US$0.002 (the latter, the “New Ordinary Shares”).

i300 has won all three top European design awards

Milestones achieved support rotation to in-production and commercial rollout in 2024

First vehicle deliveries expected in Europe, to be followed by commercial rollout in Asia

LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV”, or the “Company”), owner of Zapp, the British electric vehicle brand on a mission to revolutionise personal urban mobility, has partnered with Paris-based fintech firm Younited SA (“Younited”) to offer customers its Younited Pay instant credit payment solution as Zapp nears the European launch of its innovative i300 electric urban motorcycle.

LONDON, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV”, or the “Company”), owner of Zapp, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced that members of its senior management team, including CEO Swin Chatsuwan, President Jeremy North, Chief Legal Officer Theodore Allegaert and Chief Commercial Officer David McIntyre, made open-market purchases of 24,800 Company shares between July 27, 2023 and August 18, 2023, at an average price of $1.49 per share. This included the purchase by Mr. Chatsuwan of 17,900 shares at a price of $1.50 per share.

LONDON, July 26, 2023 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (NASDAQZAPP) (“Zapp” or the “Company”), owner of a UK-based, high-performance two-wheeler electric vehicle brand, today announced it has been granted European patents for two components of its i300 electric urban motorcycle, which it anticipates will be ready for its first customer deliveries later this year.