California electric vehicle company ZAP plans to acquire Chinese manufacturer Zhejiang Jonway Automobile as part of efforts to capitalise on the growing electric vehicle (EV) market in China. As a first step, it will take a 51% stake in Jonway Auto for US$29.03m in cash. The boards of directors of Subscribe to Automotive World to … Continued
California electric vehicle company ZAP plans to acquire Chinese manufacturer Zhejiang Jonway Automobile as part of efforts to capitalise on the growing electric vehicle (EV) market in China. As a first step, it will take a 51% stake in Jonway Auto for US$29.03m in cash. The boards of directors of
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https://www.automotiveworld.com/articles/82827-china-zap-takes-51-stake-in-jonway/
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