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Stock impact report

Zapp EV Opens New Factory Ahead of Schedule [Yahoo! Finance]

Zapp Electric Vehicles Group Limited - Ordinary shares (ZAPP) 
Company Research Source: Yahoo! Finance
The previously announced new microfactory reference site showcases Zapp's proprietary, flexible and ‘gen-2' sustainable production innovations, demonstrating its low-cost installation and setup that can be quickly replicated in additional locations 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 Show less Read more
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