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Zapp Electric Vehicles Group (NasdaqCM:ZAPP) 2025 Conference Transcript
2025-09-24 15:52
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.
Zapp EV to Display i300 in Selfridges London Through New Partnership with Smartech Retail Group
GlobeNewswire News Room· 2025-08-12 11:49
Core Insights - Zapp Electric Vehicles Group Limited has announced a strategic retail partnership with Smartech Retail Group to enhance the visibility of its electric motorcycle, the i300, in a prime location at Selfridges London [1][2][6] - The installation is set to open in September 2025, allowing consumers to experience the i300's features firsthand, which are tailored for urban riders [1][6] - The partnership aims to integrate Zapp's products into Smartech's innovative retail environment, aligning with the expectations of modern consumers [2][4] Company Overview - Zapp EV focuses on electrifying personal urban mobility with its modern two-wheelers, emphasizing design and performance [3] - The i300 model features a sleek design with removable batteries that can be charged from standard outlets, catering to urban riders [3] - Zapp EV operates through a growing retailer network, enhancing customer experience and accessibility [3] Retail Partnership Details - The i300 will be showcased at The Bike Shop within Selfridges, which attracts approximately 30,000 visitors daily, providing significant exposure [6] - The collaboration will include product demonstrations and social media content creation, enhancing brand engagement [6] - There are plans to expand the partnership to other Smartech locations in Berlin, Rome, and New York in the future [6]