Category Archives: Priscilla M. Lu

ZAP Jonway Announces Extension of US$19 Million Convertible Note

Posted on December 29, 2011 by

Dr. Priscilla Lu, Chairman of ZAP and General Partner of Cathaya Capital, stated: “We are pleased with ZAP Jonway’s progress on its new EV model rollout planned for the first half of 2012. The ZAP and Jonway teams are working very well together with the common goal of executing on our new model rollout plan and delivering revenue from our next generation models. This extension gives the company time to achieve its 2012 deliverables and results.” Continue reading →

Posted in EV, Finance, Management, Press Release, Priscilla M. Lu | Tagged , , , , , , , , , , | Leave a comment

Jonway Group Funds $18.2 Million to ZAP Jonway to Bring 2012 New Products to Production: ALIAS and JNZ Shuttle – Gas and Electric

Posted on December 19, 2011 by

ZAP Jonway (OTCBB:ZAAP.OB – News), a designer and manufacturer of new energy and electric vehicles (EVs), entered a funding agreement with Jonway Group CO. Ltd., to pay for a total of $18.2 million for the already completed interior and exterior design and molding of the JNZ SHUTTLE Van; the completed engineering design, type approval certification and catalogue license of the gasoline transmission of the JNZ SHUTTLE Van; and the ALIAS interior and exterior design and molding, which is underway. Continue reading →

Posted in Alias, China, EV, Finance, Gang "Alex" Wang, Management, Manufacturing, Press Release, Priscilla M. Lu, Shuttle | Tagged , , , , , , , , , , , , , | Leave a comment