ZAP (fka ZAAP)

[WOLDUMAR]

ZAP officially takes over Jonway UFO, to start selling electric cab next year
20 September 2010
At the Chengdu Auto Forum, ZAP CEO Mr. Steve Schneider announced that ZAP have officially taken over Zhejiang’s Jonway UFO brand in a bid to further the electric car market.
A more official announcement regarding the buyout of Jonway UFO is expected to be made later next week at a news conferences. In a later interview with auto.sohu.com, Mr. Schneider revealed that they are not aiming for China to become the largest market for ZAP’s electric vehicles, but they hope that it will remain an important one. ZAP are aiming to start selling an electric version of the UFO SUV to taxi fleets in China, which account for a large percentage of sales. Later in the interview, Mr. Schneider goes into the problem of pushing electric vehicles into the mass market rather than leaving them in the sidelines as niche vehicles, which has so far been the problem for electric car manufacturers.
http://www.chinacartimes.com/2010/09/20/zap-officially-takes-over-jonway-ufo-to-start-selling-electric-cab-next-year/