STOCK TITAN

Zapp Electric Vehicles Group Limited Ordinary Shares - ZAPP STOCK NEWS

Welcome to our dedicated page for Zapp Electric Vehicles Group Ordinary Shares news (Ticker: ZAPP), a resource for investors and traders seeking the latest updates and insights on Zapp Electric Vehicles Group Ordinary Shares stock.

Zapp Electric Vehicles Group Limited (NASDAQ: ZAPP) is a UK-based company that specializes in the design, manufacture, and sale of high-performance electric vehicles. Zapp focuses on creating cutting-edge electric two-wheelers, including maintenance and repair services for electric vehicles, as well as related parts and accessories.

Latest Developments:

As of July 26, 2023, Zapp announced the granting of European patents for two key components of its i300 electric urban motorcycle—the Z-shaped exoskeleton and the removable front fender. These patents underscore the innovative technology and strategic vision that Zapp employs, which prioritizes design, performance, sustainability, manufacturing, and customer experience.

The i300's distinctive Z-shaped exoskeleton is crafted from single-piece anodized aluminum components, offering a revolution in motorcycle chassis technology. This design feature not only enhances handling and safety through a lower center of gravity but also provides added storage space. Additionally, the exoskeleton reduces the need for multiple assembly components, contributing to sustainability and commercial efficiency.

The removable front fender introduces an unprecedented level of personalization in the two-wheel sector. Customers can easily replace their front fenders with new ones in various colors, a service provided by authorized technicians known as ‘Zappers’. This personalization option aims to bring the exclusive customization typically seen in high-end vehicles to the consumer electric two-wheeler market.

Zapp’s first product, the i300, combines traditional motorcycle performance with the convenience of a step-through scooter. It is available for pre-order and will be delivered to customers directly by Zappers, ensuring top-notch service and support throughout the ownership lifecycle. The i300 is designed to set new benchmarks in the electric mobility space, making zero-emission transportation both exhilarating and practical.

About Zapp:

Zapp Electric Vehicles Group Limited operates through its principal affiliate in the UK, driven by a team of experts from the mobility industry. The company is on a mission to redefine the electric two-wheeler segment with products that emphasize performance and sustainability. For more information, visit www.zappev.com.

Rhea-AI Summary
Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) announced that the i300 electric vehicle has won the prestigious iF DESIGN AWARD 2024, completing a trio of top European design awards. The innovative design, featuring a patented Z-shaped exoskeleton, simplifies assembly, improves maneuverability, and offers modular storage. With first customer deliveries expected in summer 2024, Zapp's i300 aims to revolutionize personal urban mobility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.06%
Tags
none
-
Rhea-AI Summary
Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) reported financial results for the fiscal year ended September 30, 2023, highlighting milestones achieved to support the rotation to in-production and commercial rollout in 2024. The company entered into a standby equity purchase agreement to sell up to $10 million worth of shares to start production of the i300 electric urban motorcycle. Despite a net loss of $222.1 million in 2023, Zapp remains optimistic about scaling quickly after launching in Europe and key Asian markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.35%
Tags
-
Rhea-AI Summary
Zapp Electric Vehicles Group Limited announces a standby equity purchase agreement with Yorkville Advisors Global, LP to fund the production and commercial rollout of the i300 electric urban motorcycle. Initial deliveries in Europe expected soon, followed by a launch in Asian markets. The agreement includes an advance of $1.5 million with potential further funding of up to $8.5 million over three years. Zapp aims to achieve positive gross margins and anticipates significant growth in electric two-wheeler sales globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.35%
Tags
none
Rhea-AI Summary
Zapp EV partners with Younited SA to offer customers Younited Pay finance solution ahead of i300 deliveries
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
Tags
partnership
-
News
Rhea-AI Summary
Zapp EV senior management team purchases 24.8k shares at an average price of $1.49 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.18%
Tags
none
-
Rhea-AI Summary
Zapp Electric Vehicles (NASDAQ: ZAPP) has been granted European patents for two components of its i300 electric urban motorcycle, the Z-shaped exoskeleton and removable front fender.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.94%
Tags
management
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.81%
Tags
management
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-31.87%
Tags
none

FAQ

What is the current stock price of Zapp Electric Vehicles Group Ordinary Shares (ZAPP)?

The current stock price of Zapp Electric Vehicles Group Ordinary Shares (ZAPP) is $1.3 as of December 20, 2024.

What is the market cap of Zapp Electric Vehicles Group Ordinary Shares (ZAPP)?

The market cap of Zapp Electric Vehicles Group Ordinary Shares (ZAPP) is approximately 5.4M.

What does Zapp Electric Vehicles Group Limited do?

Zapp specializes in designing, manufacturing, and selling high-performance electric two-wheelers, along with providing maintenance and repair services for electric vehicles and related parts and accessories.

What recent achievements has Zapp announced?

Zapp recently received European patents for its i300 electric urban motorcycle's Z-shaped exoskeleton and removable front fender, highlighting its innovative technology.

What is unique about Zapp’s i300 electric motorcycle?

The i300 features a Z-shaped exoskeleton that improves handling and safety while offering additional storage space. It also includes a removable front fender that allows for extensive color customization.

How does Zapp plan to deliver its products to customers?

Zapp will use a direct-to-customer model where authorized technicians, known as 'Zappers,' deliver the vehicles and provide inspection, service, and support at the customer's location.

Where is Zapp Electric Vehicles Group Limited headquartered?

Zapp is based in the United Kingdom.

What is the significance of the European patents received by Zapp?

The patents validate Zapp's innovative approach to electric vehicle design and technology. They also enhance the company's credibility and competitive edge in the market.

What does the Z-shaped exoskeleton offer to the i300 model?

The Z-shaped exoskeleton provides better handling, safety, and additional storage space by lowering the center of gravity and reducing the number of assembly components.

Can customers personalize their i300 electric motorcycles?

Yes, customers can personalize their i300 motorcycles by replacing the front fender with different colors, a service facilitated by authorized Zappers.

When will Zapp start delivering the i300 to customers?

Zapp plans to begin customer deliveries of the i300 later this year.

How does Zapp support sustainability in its products?

Zapp’s exoskeleton design reduces the number of assembly components, contributing to lower weight and better handling, while also offering a recyclable structure, all of which support sustainability.

Zapp Electric Vehicles Group Limited Ordinary Shares

Nasdaq:ZAPP

ZAPP Rankings

ZAPP Stock Data

5.35M
2.69M
36.19%
4.23%
1.36%
Auto Manufacturers
Consumer Cyclical
Link
United States of America
Bangkok