Zapp i300 Oxford Street Edition set for UK deliveries in coming monthsExpanding product lineup will target high-growth segments LONDON, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Zapp Electric Vehicles Group Limited (OTCQB: ZAPPF) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to electrify personal urban mobility, today announced the annual general meeting of shareholders (the “Annual Meeting”) will take place on October 1, 2025 at 2 p.m. Greenwich Mean Time (10 a.m. ...

Core Points - Zapp Electric Vehicles Group Limited's ordinary shares will begin trading on the OTCQB Venture Market under the ticker symbol ZAPPF starting August 7, 2025 [1] - The OTCQB Venture Market is designed for early-stage companies that adhere to higher reporting standards, enhancing transparency and liquidity for investors [2] - The CEO of Zapp EV emphasized the importance of this uplisting as a means to rebuild trust with investors and improve product visibility while focusing on the supply chain for their i300 model [3] Company Overview - Zapp EV aims to electrify personal urban mobility with its two-wheeler products, featuring modern design and optimized performance [4] - The debut model, i300, is characterized by its sleek design and removable batteries that can be charged from standard outlets [4]

Core Viewpoint - Zapp Electric Vehicles Group Limited has appointed David McIntyre as the new CEO, aiming to enhance operational efficiency and product delivery in the electric vehicle market, particularly focusing on the i300 model [2][5][9]. Management Changes - David McIntyre, previously the COO and CCO, has been appointed as CEO, bringing over 30 years of experience in the luxury automotive industry [2][3]. - The board terminated the founder and former CEO, Swin Chatsuwan, along with other key executives, to facilitate a management change necessary for the company's progress [4][5]. Financial Performance - For the six months ended March 31, 2025, Zapp reported an IFRS net loss of $4.3 million, an improvement from a loss of $5.0 million in the same period in 2024, primarily due to reduced expenses [9][14]. - The operating loss decreased to $2.7 million from $3.1 million year-over-year, attributed to lower professional fees and marketing expenses [9][14]. - Cash and cash equivalents decreased to $1.12 million from $1.57 million in the previous year, reflecting ongoing operational challenges [15][16]. Business Developments - Zapp has completed homologation in the EU and UK and plans to start assembling the i300 in the UK while seeking to rebuild its supply chain outside Thailand [9][10]. - The company has appointed two authorized resellers in the UK and Ireland to facilitate product distribution [9]. Product Overview - The i300 is positioned as a high-performance urban electric two-wheeler, designed to combine ease of use with performance, and is part of a broader product suite planned by Zapp [10]. - Zapp aims to provide a direct-to-customer experience, with home delivery and support services for customers [10].

Company Announcement - Zapp Electric Vehicles Group Limited has cancelled its annual general meeting scheduled for May 15, 2025, due to the lack of proxies to constitute a quorum [1] - The company will withdraw the proposals set forth in the proxy card provided on April 30, 2025, and will notify shareholders of a new annual meeting at a future date [1] Company Overview - Zapp EV is focused on redefining the electric two-wheeler segment, with its debut product, the i300, designed for urban high-performance [2] - The i300 offers traditional motorcycle performance in a step-through format, emphasizing ease of use and enjoyment [2] - Zapp plans to provide a direct-to-customer experience, where customers can order the i300 online and have it delivered to their homes by authorized personnel [2]