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ZAP Jonway Appoints New CFO, Benjamin Zhu Li Dong, Former Deputy CFO of Beijing Auto, Foton

SANTA ROSA, Calif. Feb. 28, 2011 Santa Rosa, California Benjamin Zhu Zhu Li Dong Benjamin Zhu March 1st, 2011 Benjamin Zhu

China 6 billion RMB the United States China China

Benjamin Zhu Priscilla Lu

China Steve Schneider Benjamin Zhu

Benjamin Zhu Alex Wang

William Hartman Benjamin Zhu Benjamin Zhu

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in ZAP’s periodic reports filed with the Securities and Exchange Commission.


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