Steve Schneider With its headquarters in California, ZAP Electric Vehicles made business history last month when it announced that it had gained approval from the Chinese government to acquire Jonway Automotive, becoming the first American company to have controlling interest in a Chinese automotive manufacturer. With this powerful foothold into the Chinese market, ZAP Electric Vehicles, whose stock price has soared since, is revolutionizing the automotive market by delivering a variety of affordable electric cars to the market.
