Northern California-based electric-vehicle-maker, Zap, announces it has acquired 51 percent of the popular Chinese electric-motorcycle-maker, Jonway.
ZAP Jonway, and Korean distribution partner Samyang Optics, have brought new ZAP electric vehicles to the automotive engineering technology expo EV KOREA July 14-16, in Seoul.
Electric-vehicle manufacturer has purchased exclusive distribution rights to Jonway brand cars in addition to a majority stake in the company.
Announcement of ZAP's Alias will be one of the first electric sports vehicle to go into mass production in China.
Electric automaker unveils a line of all-electric taxis, and a prototype Zap sports car at the Beijing Motor Show.