ZAPP ELEC VEHS GROUP LTD Stock Price, News & Analysis

Zapp Electric Vehicles Group Limited (ZAPP) is urging shareholders to vote on three key proposals at their upcoming Annual General Meeting on May 15, 2025. The company's Board of Directors unanimously recommends voting 'FOR' all proposals, which include increasing authorized capital and implementing a reverse stock split. These measures are crucial for Zapp EV's plan to regain compliance with Nasdaq's listing standards.

Shareholders of record as of April 24, 2025, can vote before the meeting scheduled for 2 p.m. GMT. The company warns that failure to approve these proposals could result in delisting from Nasdaq, potentially limiting funding access and negatively impacting share trading volume and value.

Zapp EV has announced the appointment of Michael Grant Zapp as its first authorized reseller in Ireland, based in Dublin. This strategic move follows the recent EU homologation of Zapp's i300 urban electric motorcycle and marks a significant step in the company's European commercial expansion.

Michael Grant brings over 40 years of experience in automotive retail to this new venture. The appointment comes after Zapp received certification from the National Standards Authority in Ireland, enabling the company to advance its commercial rollout across Europe.

David McIntyre, Chief Operating Officer of Zapp EV, expressed excitement about working with their first Irish reseller, highlighting Grant's extensive experience with premium automotive and urban mobility retail brands. The partnership aims to increase the presence of Zapp's electric motorcycles on European roads.

Zapp Electric Vehicles Group (Nasdaq: ZAPP) has achieved a significant regulatory milestone by receiving type approval from the Vehicle Certification Agency in the United Kingdom for its i300 electric vehicle. This certification, combined with the previously obtained European Community Whole Vehicle Type Approval, enables Zapp to sell the i300 at scale across all key European markets, including Great Britain.

The company is expanding its sales and support network beyond its experience centre in Bicester Heritage Park, UK, to include additional authorized resellers throughout Europe. The company plans to showcase its offerings at the upcoming Scramble event at Bicester Motion.

Zapp Electric Vehicles Group (Nasdaq: ZAPP) has announced the appointment of Green Mopeds as its first authorized reseller of the i300 electric motorcycle in Great Britain. The partnership enables customers to view and test-ride the i300 at Green Mopeds' West London location, with delivery and after-sales support through Zapp's drop-ship-direct-to-customer model.

Zapp plans to fulfill orders from its new micro-factory in the Bangkok Free Trade Zone, which has an annual production capacity of 21,500 units. The facility will serve both Thai domestic orders and international markets in Asia and Europe, following recent EU homologation approval. The company aims to replicate this micro-factory model in other high-demand regions, including India, as reseller network and demand expand.

Zapp Electric Vehicles Group (Nasdaq: ZAPP) has secured European Community Whole Vehicle Type Approval (ECWVTA) certification for its i300 electric urban motorcycle. The certification, issued by the National Standards Authority of Ireland, enables Zapp EV to deliver the i300 throughout the European Union.

The ECWVTA certification validates vehicle safety, production conformity, environmental protection, and energy efficiency standards. This certification is recognized globally, including in India, where Zapp can now import up to 2,500 units annually from its Thailand reference micro-factory.

Following this milestone, Zapp EV plans to:

• Convert existing customer reservations
• Appoint authorized resellers
• Develop a network of Zappers for delivery, service, and after-sales support

Zapp Electric Vehicles Group (ZAPP) has reported its fiscal year 2024 financial results, highlighting key operational achievements and financial performance. The company has established a micro-factory in Thailand's Bangkok Free Trade Zone with an annual production capacity of 21,500 units, serving both domestic and export markets.

Financial results show an IFRS net loss of $9.0 million, significantly improved from the previous year's $222.1 million loss. Operating loss decreased to $6.2 million from $7.8 million, with net cash used in operating activities at $4.9 million. The company maintains $44.9 million in liquidity through a standby equity purchase agreement and expects to generate positive cash flow from operations by 2026.

The company's i300 model has received nine design awards, including the 2024 iF DESIGN AWARD. Zapp has begun commercial rollout in Thailand and secured UK Motorcycle Single Vehicle Approvals, with European homologation pending approval.

Zapp Electric Vehicles Group (Nasdaq: ZAPP) has scheduled the release of its fiscal year 2024 financial results before U.S. market hours on January 31, 2025. The company will host a conference call for shareholders and analysts on February 4, 2025, at 8:00 EST / 13:00 GMT.

The financial results and supporting materials will be available on Zapp's Investor Relations website. Participants can join the conference call via phone by registering in advance to receive dial-in numbers and a unique access code. The company will also provide an accompanying slide presentation and host a live webcast where participants can submit written questions during the call.

A replay of the conference call will be made available on Zapp's investor relations website at ir.zappev.com following the event.

Zapp Electric Vehicles (Nasdaq: ZAPP) has opened its new microfactory reference site in the Bangkok Free Trade Zone, Thailand, ahead of schedule. The ISO 9001:2015 certified facility was completed in less than three months, working with AIH Group. The compact 12,000 square feet space can produce up to 20,000 units annually using Zapp's proprietary assembly process and manufacturing innovations.

The microfactory system supports made-to-order and highly personalisable i300 products while meeting 'gen-2' sustainable assembly objectives. From this location, Zapp can serve both domestic Thai market and export to Southeast Asia and Europe. The company plans to replicate this template in other high-demand regions, including India and South America, with each facility maintaining the same production capacity and setup timeframe.

New to The Street announces its upcoming sponsored programming on Bloomberg TV, airing Saturday, October 12, at 6:30 PM EST. The lineup features innovative companies including ZAPP, NUBURU, and ACURX Pharmaceuticals, showcasing advancements in electric vehicles, blue laser technology, and antibiotic innovation respectively. The program will also include The Sustainable Green Team highlighting eco-friendly solutions for environmental sustainability, and SEKUR returning with its "Hack of the Week" segment, focusing on cybersecurity threats and privacy protection.