Summary of Zapp Electric Vehicles Group Conference Call Company Overview - **Company**: Zapp Electric Vehicles Group (NasdaqCM: ZAPP) - **CEO**: David McIntyre, who emphasizes the company's mission to electrify personal urban mobility [3][22] Industry Insights - **Market Size**: The global two-wheeler market was valued at $118 billion in 2024 and is projected to grow to $176 billion by 2032, with a significant increase in electric vehicle (EV) adoption [8][9] - **EV Market Share**: The share of EVs in the two-wheeler market is expected to increase by at least 30% over the same period [9] - **Regional Sales**: The U.S. has lower two-wheeler sales compared to Europe, with three times more two-wheelers sold in Europe. India and Southeast Asia account for approximately 60% of global two-wheeler sales [10][13] Product Development - **Current Product**: The ZAP i300, which has won nine design awards and features removable batteries that can be charged from standard wall sockets [6][22] - **Future Products**: Plans to introduce a more affordable model (i125) for Asian markets and an e-bike that does not require a license [7][22] - **Production Plans**: A limited production run of the i300 Oxford Street edition is underway in the UK, with plans to expand the product lineup in 2026 and 2027 [17][22] Marketing Strategy - **Experiential Marketing**: Focus on test rides to drive demand, with plans to expand through e-commerce and partnerships with retail stores [7][18] - **Target Markets**: Initial sales efforts will focus on the UK, followed by expansion into Southern Europe and Asia, particularly Vietnam due to favorable government policies for EV adoption [11][32] Financial Overview - **Capital Needs**: The company requires additional capital to roll out its full product portfolio, with a previously highlighted need of $5 million [25][26] - **Production Capacity**: Currently focused on building 50 bikes in the UK, with plans to expand capacity to meet European demand [28] Competitive Landscape - **Market Positioning**: Zapp positions itself as a challenger brand, blending modern design with dynamic performance, targeting urban dwellers who prefer stylish and functional vehicles [33][41] - **Regulatory Approvals**: The i300 has received EU whole vehicle type approval, allowing for expansion into other European markets in 2026 [35] Customer Insights - **Target Customer**: Urban dwellers looking for design-oriented, flexible, and efficient mobility solutions [41][42] - **Battery Solution**: The removable battery system addresses range anxiety and offers convenience for urban riders [37][38] Conclusion - Zapp Electric Vehicles is poised for growth in the expanding two-wheeler market, with a focus on innovative products, strategic marketing, and capitalizing on emerging market opportunities, particularly in Asia [20][21]