Zapp EV Secures Required Regulatory Approval Enabling First Customer Deliveries In The UK, The i300 May Be Used On Public Roads In The United Kingdom
Portfolio Pulse from Benzinga Newsdesk
Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) has received regulatory approval for its i300 urban motorcycle from the Driver and Vehicle Standards Agency in the UK. This approval allows the i300 to be used on public roads in the UK, with first customer deliveries expected in August 2024. Wider commercial rollout in Europe and Asia is planned for the following months.
July 15, 2024 | 4:15 pm
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Zapp Electric Vehicles Group Limited has received regulatory approval for its i300 urban motorcycle in the UK, allowing it to be used on public roads. This paves the way for first customer deliveries in August 2024 and a wider commercial rollout in Europe and Asia.
The regulatory approval is a significant milestone for Zapp EV, enabling the company to start delivering its i300 motorcycle to customers in the UK. This is likely to boost investor confidence and positively impact the stock price in the short term, especially with the planned wider rollout in Europe and Asia.
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