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0.0367484662576687 0 -0.0613496932515338 -0.128834355828221 -0.141104294478528 -0.153374233128834 -0.165644171779141 -0.20239263803681
Stock impact report

Zapp EV Opens New Factory Ahead of Schedule

Zapp Electric Vehicles Group Limited - Ordinary shares (ZAPP) 
Company Research Source: GlobeNewswire
LONDON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced it has opened its new microfactory reference site in the Bangkok Free Trade Zone industrial park in Thailand. Working together with AIH Group, a leading automotive industrialisation consultancy, the facility was delivered in less than three months and ahead of schedule. The ISO 9001:2015 certified microfactory can deliver up to 20,000 units per year from its compact 12,000 square feet space, utilising Zapp’s manufacturing innovations developed in-house. This microfactory system capitalises on the Company’s proprietary assembly process, which together deliver both Zapp’s ‘gen-2’ sustainable assembly objectives and i300’s made-to-order and highly personalisable product. Completing the reference site ahead of schedule confirms Zapp’s design Show less Read more
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