Press release
425KB
gennaio 18, 2023 - Zapp
Zapp expands international footprint with new design and technology campus in Bangkok, Thailand
Comunicato Stampa disponibile solo in lingua originale.
- Design and Technology Campus will Support the Development and Engineering of Next Generation High-Performance Electric Vehicles and Creates a Base for Asia-Pacific Market Growth
- The Second Global Hub Builds on Zapp's Existing UK-based Customer Experience Centre & Global Training Centre in Bicester, Oxfordshire
LONDON, Jan. 18th 2023 – Zapp Electric Vehicles Limited ("Zapp" or the "Company"), a UK-based high-performance two-wheel electric vehicle company, has expanded its international footprint as part of its strategy to grow its #business and fulfill growing demand in the largely underpenetrated electric two-wheel market.
Zapp's new Design and Technology Campus is based at the heart of Thailand's automotive and technology ecosystem. The new campus is home to Zapp's team of designers and engineers who are developing Zapp's next generation of high-performance electric vehicles. The Thai facility includes a design studio, prototyping and engineering workshops and office space.
This is Zapp's second global facility, joining its UK-based operations which includes the Zapp Customer Experience Centre & Global Training Centre for Zapp's network of authorised retailers. Customers can build and specify their motorcycle at the Customer Experience Centre as well as test ride the i300, Zapp's first high-performance electric vehicle, on the Bicester test track.
"Our new Design and Technology Campus is a significant milestone in our strategy to deliver high-performance electric vehicles to customers around the world. Being located near the #bangkok Cybertech District and in the automotive manufacturing hub of Thailand gives us access to experienced motorcycle engineering talent and supply chain expertise in one of Southeast Asia's largest motorcycle markets," said Swin Chatsuwan, Founder and Chief Executive Officer of Zapp. "Our team of designers and engineers has already designed and developed our award-winning i300 and will look to shape the future of the two-wheel electric vehicle market through an exciting pipeline of new Zapp high-performance vehicles."
Proposed #business Combination
On November 22, 2022, Zapp and CIIG Capital Partners II, Inc., a U.S. publicly-listed blank check company (Nasdaq: CIIG) ("CIIG II"), announced that they have entered into a definitive merger agreement (the "Merger Agreement"). Upon closing of the transaction contemplated by the Merger Agreement (the "Business Combination"), the combined company, Zapp Electric Vehicles Group Limited ("Pubco"), a Cayman Islands exempted company, is expected to list its ordinary shares on the Nasdaq under the ticker symbol "ZAPP". The #business Combination is expected to close in the first half of 2023, subject to stockholder approvals and other customary closing conditions.
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