Electric Vechicle Model x Fasting Selling Tesla (TSLA) Ever

Model x, Fastest Selling Tesla Ever Electric Vehicles PALO alto, ca -- (Marketwire) -- 02/14/12 -- Tesla Motors (nasdaq: tsla) unveiled the highly anticipated Model x last Thursday evening at its Design Studio in Southern California. One day after the reveal, without any advertising, advance sales of the Model x exceeded $40 million. The compelling nature of the product created massive media attention and resulted in the Model x being the third most searched term on Google. On Thursday evening, the night of the reveal, traffic to teslamotors.com increased 2800 percent. Two-thirds of all visitors were new to the website. Electric Vehicles Proof that Model s and Model x are complementary products, new Model s reservations following the Model x unveiling were up 30 percent. Model x is equipped with unique Falcon Wing doors that open up and out of the way, allowing one to stand up in the second row and step directly to the third row. Built on the same platform as Model s, but with a longer wheelbase, Model x has approximately the same external dimensions of an Audi q7. On the inside, however, Model x has 40% more room than a q7 and is capable of carrying both seven large adults and considerable luggage. Electric Vehicles It will offer dual motor all wheel drive for superior all-weather driving and the option of a 60 or 85 kWh battery. The Model x Performance version will accelerate from 0 to 60 miles per hour in 4.4 seconds. This would make Model x faster than many sports cars, including the Porsche 911 Carrera. Matched with superior handling resulting from its low center of gravity, Model x will offer a remarkable combination of functionality, style and performance. Tesla's touchscreen, the 17" in-dash display that includes driver controls, vehicle apps, web connectivity and onboard charging are included in Model x Electric Vehicles. Model x will be priced competitively with other premium SUVs. It will be built at the Tesla Factory in Fremont, ca. Production begins at the end of 2013, deliveries begin early 2014, with volumes targeted at 10,000 - 15,000 units per year. About Tesla Tesla's goal is to accelerate the world's transition to electric mobility. Palo Alto, California based Tesla designs and manufactures EVs and ev power train components for partners such as Toyota and Daimler. Tesla has delivered more than 2,000 Roadsters to customers worldwide. Model s, the first premium sedan to be built from the ground up as an electric vehicle, begins deliveries in mid-2012. Add to Digg Bookmark with del.icio.us Add to Newsvine

......................... Enjoy and Stay Profitable, Mark Kabbash CEO Equitygroups.com Your Investor Social Network Follow Me http://twitter.com/#!/EquityGroups4U I am not an investment adviser.  Please check with your broker also please check the disclaimers within this site.  http://bit.ly/igC0Cs Any suggestions or comments?  Please send them to me.

ZAAP Electric Vehicles EVs Rolling out strong with solid numbers.

ZAP Jonway Reports Fourth Quarter and Year-End 2011 Financial Results

ZAP Jonway Reports Fourth Quarter and Year-End 2011 Financial Results SANTA rosa, Calif., April 16, 2012 (globe newswire) -- zap Jonway (otcbb:zaap), a manufacturer of gasoline and new energy electric vehicles (EVs), reported financial results for the three and twelve months ended December 31, 2011. Alex Wang, Co-CEO of zap Jonway and ceo of Jonway Automobile, stated: "Following our merger, 2011 was a transformational year for zap Jonway. We are encouraged by our progress positioning the company for growth. In particular, we enhanced our dealership consortium and sales team, including focusing on more profitable dealers, appointing our new vp of Sales, and strategically relocating our sales and customer service support centers to Hangzhou. In addition, we are driving our vehicle development initiatives." In March, zap Jonway hosted a very successful annual dealership conference for over 450 attendees. During the event, the company launched the new 2012 jnz a380 g-5 suv with its fully re-styled interior and unveiled its concept vehicle planned for year-end 2013, designed by Maggiora, a renowned Italian auto designer well known for its exquisite stylish design of Italian sports cars. "Looking ahead in 2012, our goal is to launch our ev a380 suv in China mid-year followed by our ev van. To further our international presence, we are building sales channels and targeting type approval in key strategic countries," concluded Wang. Financial Results This is the first year of consolidated financials of zap and 51% of Jonway Automobile, the merger of which closed on January 22nd, 2011. Therefore, the year-over-year analysis below compares the consolidated financials of zap and Jonway Automobile in 2011 with zap standalone in 2010. Complete financial details for the three- and twelve-month periods ended December 31, 2011 can be found on the company's Form 10-k, which it filed today with the Securities and Exchange Commission. electric vehicles (EVs) Quarterly Review Consolidated net sales were $14.2 million for the three months ended December 31, 2011, including $13.9 million contributed by Jonway, compared to $1.1 million for zap on a standalone basis for the three months ended December 31, 2010. Consolidated gross profit for the fourth quarter in 2011 was down due to promotional incentives offered to dealers to clear inventory of the prior year model and additional incentives to motivate higher sales quota. The $687,000 in gross profit was contributed by Jonway, compared to gross profit of $64,000 for zap on a standalone basis in the fourth quarter of 2010. Consolidated operating expenses were $7.8 million in the fourth quarter of 2011, including both $5.4 million related to Jonway and non-cash charges of $1.6 million related to quarterly amortization of distribution rights, stock based compensation and others. This compares to operating expenses of $7.3 million for zap on a standalone basis for the fourth quarter of 2010. Net loss attributable to zap for the fourth quarter of 2011 was $11.4 million, or $0.05 per diluted share including total comprehensive loss of $2.1 million from Jonway, compared to net loss of $11.4 million, or $0.09 per diluted share in fourth quarter 2010 for zap on a standalone basis. At December 31, 2011, cash and cash equivalents was $5.9 million. In December 2011, the $19 million convertible note was extended to August 12, 2012. Subsequently this was further extended to August 12, 2013. There will be no interest accrual going forward after the end of the first term that ended February 12, 2012. At the end of December 2011, zap delivered 71 million shares to Jonway Group for work on the new Shuttle van, totaling over $18 million in design, exterior and interior molds, tooling and production equipment. Annual Review Consolidated net sales in 2011 were $56.2 million including$54.3 million contributed by Jonway, compared to $3.8 million in 2010 from zap on a standalone basis. Consolidated gross profit in 2011 was $4.5 million including $5.0 million contributed by Jonway, or 7.9% of sales, compared to gross profit of $429,000 in 2010 from zap only. Gross profit for Jonway was down primarily due to promotional incentives to encourage volume sales and rebates to support rebranding under the Jonway brand from its previous name of "UFO". Consolidated operating expenses for 2011 were $32.7 million including $16.6 million related to Jonway and non-cash charges of $7.2 million related to amortization of distribution rights, stock based compensation and others. This compares to operating expenses of $14.5 million in 2010 for zap alone. The higher operating expenses from Jonway were due primarily to increases in sales and marketing in establishing its branding in 2011, general and administrative for relocation of the sales team to Hangzhou, and research and development related to the localization of the ev products, as well as the cost of tooling and equipment for production manufacturing of the ev product line. Consolidated net loss in 2011 was $45.4 million. Net loss attributable to zap was $40.8 million including total comprehensive loss of $8.1 million attributed to Jonway Auto, compared to net loss in 2010 of $19.0 million from zap on a standalone basis. More than $30 million of the consolidated net loss was non-cash, attributed to stock based compensation and amortization of distribution rights, interest payment and depreciation, and non-cash loss due to convertible note, conversion price compared to the over a dollar share price during January 2011 at the time the convertible note was issued. Of the remaining consolidated net loss, approximately $14 million was cash expenditure, of which more than $4 million was one-time expense associated with the legal and accounting costs from the acquisition, ev technology development for production manufacturing and payment for development of ev tooling and type approval expenses. Webcast Information electric vehicles (EVs) ZAP Jonway's management team will host a webcast on Tuesday, April 17, 2012 at 4:30 p.m. et to discuss its fourth quarter and year-end 2011 earnings results. Investors can access the webcast on the company's website at www.zapworld.com, or via the link below, for a period of one year.http://investor.shareholder.com/media/eventdetail.cfm?eventid=112244&CompanyID=AMDA-J22R5&e=1&mediaKey=9E9B9D24C62C9AE9EA53835CC5CEE4A3 About zap Jonway ZAP Jonway combines the attributes of both companies, zap and Jonway Automobile, to design and manufacture quality, affordable gasoline and new energy electric vehicles (EVs). With Jonway Automobile's established iso 9000 manufacturing facilities, research and development and sales and customer services facilities in China, zap Jonway is well positioned to scale up production and sales for both gasoline and EVs for China and the international markets. zap, an early pioneer of EVs, brings to the new combined company a broad range of ev design experience that is being applied to new product lines. zap Jonway is focused on addressing on ev fleets targeting city delivery trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. zap Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. zap Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People's Republic of China. Additional information about zap Jonway is available at http://www.zapworld.com. electric vehicles (EVs) The zap Jonway logo is available athttp://www.globenewswire.com/newsroom/prs/?pkgid=10607 Forward-Looking Statements 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. CONTACT: Investor Contact:         Becky Herrick         lha         +1-415-433-3777         bherrick@lhai.com

......................... Enjoy and Stay Profitable, Mark Kabbash CEO Equitygroups.com Your Investor Social Network Follow Me http://twitter.com/#!/EquityGroups4U I am not an investment adviser.  Please check with your broker also please check the disclaimers within this site.  http://bit.ly/igC0Cs Any suggestions or comments?  Please send them to me.

EVCARCO Alternative Fuel and Electric Car Dealership Franchise Into Hawaii, EVCA Electric Car

http://www.equitygroups.com/EVCA-discussion/EVCARCO-Alternativ...

Electric Cars are coming to a state near you!.... EVCARCO's strategy of expansion through franchising will aid in establishing EVCARCO as pioneers of the automotive industry's newest segment of alternative fuel vehicle sales and distribution.



EVCARCO completed its Federal Disclosure Documents (FDD) and is now currently eligible to franchise in Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Nebraska, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, and Wyoming.

See this Amp at http://bit.ly/fUJgkd

VNLC Future Car Challenge Valence TechnologyPowered eVito Taxi Takes Home a Win

http://www.equitygroups.com/index.php?a=topic&t=168777#p0

Nov. 19, 2010 (Business Wire) -- Valence Technology, Inc. (NASDAQ: VLNC), a leading U.S.-based manufacturer of advanced energy storage solutions, announced today that the Mercedes Electric Vito (eVito) Taxi – a seven-seat electric vehicle powered by Valence batteries – was awarded Most Economic & Environment Friendly Multi-Purpose Electric Vehicle at the Royal Automobile Club’s (RAC) Future Car Challenge. Held in the United Kingdom earlier this month, the Future Car Challenge drew a crowd estimated at more than 250,000.

The class-winning Zytek Mercedes eVito taxi, powered by Valence batteries.

See this Amp at http://bit.ly/h8c3S6

About Valence Technology, Inc.:

Valence Technology is a global leader in the development and manufacture of safe, long-life lithium iron magnesium phosphate advanced energy storage solutions and integrated command and control logic. Headquartered in Austin, Texas, Valence enables and powers some of the world's most innovative and environmentally friendly applications, ranging from commercial electric vehicles to industrial and marine equipment. Valence Technology today offers a proven technology and manufacturing infrastructure that delivers ISO-certified products and processes that are protected by an extensive global patent portfolio. In addition to the corporate headquarters in Texas, Valence Technology has its Research & Development Center in Nevada, its Europe/Asia Pacific Sales office in Northern Ireland and global fulfillment centers in North America and Europe. Valence Technology is traded on the NASDAQ Capital Market under the ticker symbol "VLNC." For more information

ZAP An electric car company, ticker ZAAP, Provides Update on Jonway Automobile Acquisition, Electric Car

I seems as if this little company is focused of earning a profit.  Alternative and renewable  energy stocks at times forget to focus on earnings.  These guys might have saved the company with this acquisition of an ongoing and operational gasoline powered car company.  How long before they start to push out "GREEN CARS"?


Enjoy and stay profitable. 


Nov. 18, 2010 (Business Wire) -- Electric vehicle pioneer ZAP (OTCBB: ZAAP) completed its initial down payment of US$10 million towards the 51% acquisition of Jonway Automobile. Jonway Automobile plans to complete an audit of its financial statements by December 31, 2010 and thereafter, ZAP intends to finalize the acquisition with the payment of the US$19 million balance of the US$29 million purchase price. 

Jonway Automobile reported sales of over 4,000 gasoline vehicles through the end of September 2010, and projects total sales of over 6,500 vehicles by December 31, 2010. Jonway Automobile reported that wholesale sales prices of the vehicles averaged US$10,000. Jonway Automobile projects year-end revenues for 2010 to increase more than 40% compared to last year with its current gasoline vehicle product line. Jonway Automobile reports that it is debt-free, cash flow positive and able to finance its gasoline product revenue growth at the same rate for 2011. 

Under the new equity structure, Jonway Automobile will be 51% owned by ZAP, and 49% by its original parent Jonway Group. This equity ownership transfer was approved by the Chinese government on October 3, 2010. Jonway Automobile plans to ramp up production of the A380 SUV electric vehicle (EV) in the first half of 2011 together with ZAP’s Alias EV by third quarter 2011 at their Sanmen, Zhejiang factory. By combining Jonway Auto’s ISO 9000 manufacturing facilities, capable of delivering over 50,000 vehicles per year, with ZAP’s EV technologies, products and expertise, the company aims to lead the emerging EV fleet market in China. 

Alex Wang (Wang Gang) was recently appointed by ZAP’s board to be Co-CEO of ZAP. ZAP (Jonway) will expand the market to sell both gasoline and EVs from China to rest of the world........