Zapp EV Reports Fiscal Year 2023 Financial Results
Zapp Electric Vehicles Group Limited (ZAPP)
Company Research
Source: GlobeNewswire
LONDON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today reported financial results for the fiscal year ended September 30, 2023. Recent Business Highlights Entered into a standby equity purchase agreement to sell up to $10 million worth of shares, with a majority of the proceeds to be used to start production and commercial rollout of the i300 electric urban motorcycle.Completed vehicle testing required for homologation in the European Union and Thailand. 2023 Operational Highlights Received two additional design awards, for a current total of eight, including the prestigious Red Dot Product Design Award in the motorcycles category.Two patents were granted relating to the weight- and component-reducing exoskeleton and interchangeable front fender.The first peer review from Electroheads receive
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News
- New to The Street Signs Zapp EV to 6 Part Media Series, Agreement Includes Commercials and Billboard AdsGlobeNewswire
- Zapp EV Announces Reverse Stock SplitGlobeNewswire
- Zapp’s i300 Electric Urban Motorcycle Wins World-Renowned iF DESIGN AWARD 2024GlobeNewswire
- Zapp EV Secures Commitment of up to $10 million to Start Production and Commercial Rollout of the i300 Electric Urban MotorcycleGlobeNewswire