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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.
Zapp Electric Vehicles Group has signed a memorandum of understanding with Bounce Electric 1 Private to appoint Bounce as its contract manufacturing partner for the i300 electric urban motorcycle in India. This partnership aims to accelerate the homologation and commercial rollout of the i300 in India, one of the largest two-wheeler markets globally. Bounce, backed by Accel, operates a domestic vehicle assembly facility and may assist with distribution. Zapp plans to scale production to a minimum of 5,000 units annually, leveraging an asset-light and capital-efficient model, which allows for rapid scaling without significant capital expenditures. The i300 features removable battery packs that can be charged from any wall socket, positioning it well for India’s market. Zapp aims for first customer deliveries of the i300 in Europe and Thailand by summer 2024.
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