ZAP (fka ZAAP)

[guay]

Zap is poising itself to take advantage of China's extension of its electric vehicle incentive program The government will be offering rebates on EVs, forgiving sales taxes and licensing fees, installing EV charging infrastructure and other measures to encourage adoption of zero-emission vehicles beyond 2015, through the year 2020. In response, electric vehicle company Zap and its partner Jonway Autos are decreasing production of gasoline-powered vehicles to make more EVs. It plans to increase production of its two EV production lines from 50 to 100 vehicles per day each, as well as positioning certain models for larger-scale production. Zap hopes customers will make use of rebates of up to $20,000 from the central government, plus local EV incentives. In October, Zap and Jonway will unveil new SUV and minivans that they intend to offer as less-than-gasoline- and zero-ownership-cost and vehicles under the umbrella of China's incentives.
http://green.autoblog.com/2014/08/04/road-tripping-in-tesla-model-s-big-oil-tax-advantage/