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Under the new equity structure, Jonway Automobile will be 51% owned by ZAP, and 49% by its original parent Jonway Group. This equity ownership transfer was approved by the Chinese government on October 3, 2010. Jonway Automobile plans to ramp up production of the A380 SUV electric vehicle (EV) in the first half of 2011 together with ZAP's Alias EV by third quarter 2011 at their Sanmen, Zhejiang factory. By combining Jonway Auto's ISO 9000 manufacturing facilities, capable of delivering over 50,000 vehicles per year, with ZAP's EV technologies, products and expertise, the company aims to lead the emerging EV fleet market in China. 

Tesla has over takes the Toyota after its stock hits the peak rate.

Here is the list of Best Batteries Stocks In India To Buy In 2023 on the basis of Future Growth 1) Exide Industries 2) Amara Raja Batteries Limited 3) Uno Minda Limited 4). Tata Power 5). Kabra Extrusion Technic Limited

The global shift towards sustainable energy solutions has paved the way for the rapid growth of electric vehicles (EVs). In India, this transformation is not just a trend but a necessity, given the environmental challenges and the need to reduce dependence on fossil fuels. As the EV market in India continues to gain momentum, a crucial aspect of its success lies in the development of a robust charging infrastructure. This article explores the reasons behind investing in EV charging stations, provides an overview of the EV market in India, delves into the leading EV charging companies in the country, and examines the impact of these companies on India's evolving EV ecosystem.