Summary of Zapp Electric Vehicles Group Conference Call Company Overview - **Company**: Zapp Electric Vehicles Group (NasdaqCM: ZAPP) - **Mission**: To electrify personal urban mobility, focusing on two-wheeled electric vehicles [1][2] Core Points and Arguments - **Product Development**: Zapp is developing products that align with the growing demand for electric two-wheelers, particularly the i300 model, which has won nine design awards [3][4] - **Market Potential**: The global two-wheeler market was valued at $118 billion in 2024 and is projected to grow to $176 billion by 2032, with electric vehicles expected to capture at least 30% of the market share [4][5] - **Target Markets**: Initial sales efforts will focus on the UK, followed by France and other major European markets. The largest opportunity lies in Asia, particularly India and Southeast Asia, where two-thirds of global two-wheeler sales occur [5][6][21] - **Product Line Expansion**: Plans to introduce the i125 model in fiscal year 2027 and an e-bike in 2026, targeting different customer needs and price points [9][22] Marketing and Sales Strategy - **Experiential Marketing**: Focus on test rides to drive sales, with plans for a test ride roadshow in November [18] - **Hybrid Sales Model**: Direct-to-consumer sales through an e-commerce platform, partnerships with online resellers, and retail stores specializing in mobility solutions [10][26] - **Retail Partnerships**: Collaborations with retailers like SmartTech and Selfridges to display products [10][24] Product Specifications - **i300 Model**: Priced at £5,495, designed as a performance city bike with features like removable batteries and a low center of gravity [29][32] - **Charging and Range**: Standard charging takes two hours, while fast charging from 20% to 80% takes 40 minutes [32] Competitive Landscape - **Market Positioning**: Zapp positions itself as a challenger brand in the electric two-wheeler market, focusing on unique design and performance rather than directly comparing itself to competitors [3][20] Operational Insights - **Inventory Strategy**: Zapp aims to generate demand before building inventory, adjusting production based on market needs [34] - **Delivery Timeline**: Delivery times will vary by market; for the UK, deliveries for the first 50 bikes are expected in November and December [35] Management and Leadership - **New Leadership**: CEO David McIntyre emphasizes a fresh approach under new management, focusing on building the business step by step [11][36] Additional Considerations - **Service and Maintenance**: Warranty and after-sales services will be provided through retail partners and potentially mobile service solutions [23] - **Market Dynamics**: The company acknowledges the importance of pricing in consumer decisions and aims to offer affordable options without compromising on design [6][7] This summary encapsulates the key points discussed during the conference call, highlighting Zapp Electric Vehicles Group's strategic direction, market opportunities, and product offerings.