Core Insights - Zapp Electric Vehicles Group Limited has completed homologation for its i300 electric urban motorcycle in Thailand, marking its entry into the Southeast Asian market [1][2] - The i300 is positioned as a high-performance electric two-wheeler, appealing to a market where 87% of households own at least one two-wheeler, with a growing demand for premium models [2][3] - The company plans to expand its commercial launches to other Southeast Asian countries, including Indonesia and Vietnam, targeting a market with nearly 500 million two-wheelers [3] Company Overview - Zapp EV aims to redefine the electric two-wheeler segment with its debut product, the i300, which combines traditional motorcycle performance with a step-through design [4] - The company will utilize a direct-to-customer model, where customers can order online and receive home delivery and support from authorized personnel [4]

Core Insights - Zapp Electric Vehicles Group Limited has appointed David McIntyre as Chief Operating Officer to enhance operational efficiency and support international expansion [2][3] - The company aims to redefine urban mobility with its high-performance electric two-wheeler, the i300, which is designed for ease of use and performance [4] Company Overview - Zapp EV is focused on revolutionizing personal urban mobility through its electric vehicle brand [2] - The i300 is the first product in a series of high-performance electric two-wheelers that Zapp plans to launch [4] - Zapp will implement a direct-to-customer delivery model, ensuring convenience and support for customers [4] Leadership and Strategy - David McIntyre brings extensive experience from luxury automotive brands and will oversee supply chain logistics, contract manufacturing, and production engineering [2][3] - The CEO of Zapp EV emphasized McIntyre's ability to execute complex strategies and drive sales growth, which is crucial for the company's rapid expansion [3] - McIntyre expressed commitment to executing the company's strategy and delivering value to customers and shareholders [3]

Core Insights - Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) aims to revolutionize personal urban mobility with its electric two-wheeler segment, starting with the i300 urban motorcycle [6] - The i300 has received motorcycle single vehicle approval from the Driver and Vehicle Standards Agency in the UK, allowing it to be used on public roads and paving the way for initial customer sales [6][4] - The company plans to implement a direct-to-customer delivery model, where authorized "Zappers" will deliver the i300 to customers' homes and provide ongoing support [4][6] Product Overview - The i300 is designed to offer high-performance levels comparable to traditional motorcycles while maintaining ease of use in a step-through format [6] - Zapp intends to expand its product line with more high-performance electric two-wheelers in the future [6] Business Model and Expansion Plans - Zapp's business model is structured for rapid scaling, with initial sales in the UK serving as a milestone for broader commercial rollout in Europe and Asia [4][6] - The company is also pursuing homologation in India, Thailand, and other Southeast Asian countries to facilitate market entry [4]

Core Insights - Zapp Electric Vehicles Group Limited has received motorcycle single vehicle approval for its i300 urban motorcycle from the Driver and Vehicle Standards Agency in the UK, allowing it to be used on public roads [7] - The first customer deliveries of the i300 are expected in August 2024, marking a significant milestone for the company as it prepares for a broader commercial rollout in Europe and Asia [7][3] - Zapp's business model focuses on a direct-to-customer experience, with authorized "Zappers" delivering the i300 to customers' homes and providing ongoing support [8] Company Overview - Zapp EV aims to revolutionize personal urban mobility with its electric two-wheeler segment, starting with the i300, which combines high performance with ease of use [8] - The i300 is designed to offer traditional motorcycle performance in a step-through format, appealing to a wide range of urban riders [8] - The company plans to expand its product line with additional high-performance electric two-wheelers in the future [8]

Core Viewpoint - Zapp Electric Vehicles has secured a commitment for up to $50 million, leading to a significant increase in its stock price and trading volume [2][4]. Funding Details - The funding will be sourced from selling shares of ZAPP stock to an affiliate of Yorkville Advisors Global, LP, with an additional $4 million being advanced through three tranches tied to a standby equity purchase agreement [3][5]. - This new agreement replaces an earlier $10 million agreement signed in February 2024, providing the company with greater financial flexibility [5]. Stock Performance - ZAPP stock has experienced a notable increase of 30.5% as of Friday morning, with trading volume exceeding 14 million shares, significantly higher than its daily average of approximately 7.4 million shares [4][7]. Business Strategy - The company aims to utilize the funding to accelerate business development while maintaining discretion over share issuances, focusing on an asset-light business model and efficient capital deployment to maximize shareholder value [4][6].

Core Viewpoint - Zapp Electric Vehicles Group Limited has entered into a new standby equity purchase agreement with Yorkville Advisors Global, LP, increasing its financial support from $10 million to $50 million, which will facilitate the expansion of its commercial operations and the production of its i300 model in India [1][2][4]. Financial Agreement - The new standby equity purchase agreement (New SEPA) replaces the original agreement and allows Zapp to receive an initial advance of $4 million in three tranches, contingent upon meeting certain conditions [3]. - Zapp has the right to issue and sell up to an additional $46 million worth of ordinary shares over a three-year period, based on its funding needs and share price fluctuations [4]. Business Strategy - The CEO of Zapp emphasized the importance of two-wheelers for personal mobility in emerging markets, particularly in Asia, and highlighted the company's asset-light business model which allows for efficient capital deployment [5]. - Zapp aims to maximize shareholder value while launching the i300 in multiple countries, leveraging a direct-to-customer sales model for enhanced customer experience [6].

LONDON, July 12, 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 announced it has entered into a new standby equity purchase agreement (the "New SEPA") with an affiliate of Yorkville Advisors Global, LP (the "Investor"). With this increased support, Zapp has secured additional financial resources that may be utilized as needed to expand c ...

Core Viewpoint - Zapp Electric Vehicles (NASDAQ:ZAPP) experienced a significant stock rally followed by a decline, attributed to market dynamics rather than company-specific news [1][2][3]. Stock Performance - ZAPP stock closed up 94.3% on Tuesday, with over 44 million shares traded, significantly higher than the average daily trading volume of approximately 7.1 million shares [1][3]. - As of Wednesday morning, ZAPP stock has decreased by 24.7%, with around 664,000 shares traded, which is still below the company's average trading volume [3]. - Year-to-date, ZAPP shares have increased by 220.5%, but they are down 61.3% over the past 12 months [4].

Exhibit 99.1 UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the six months ended March 31, 2024 | | | For the Six Months Ended March 31, | | | --- | --- | --- | --- | | (in USD) | Notes | 2024 | 2023 | | Revenue | | — | — | | Cost of sales | | — | — | | Gross profit | | — | — | | Selling and distribution expenses | | (220,351 ) | (1,075,655 ) | | General and administrative expenses | | (2,913,759 ) | (2,787,850 ) | | Operating loss | | (3,134,110 ) | (3,863,5 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...