Zaptec's (ZAP) main production partner Westcontrol is currently increasing
capacity with new facilities and production lines to fulfill the high level of
ordered volumes.
To further support the high growth rate and reduce risks related to capacity and
the component market, Zaptec has signed an additional production contract with
Sanmina Corporation as a second source for production of EV chargers.
Sanmina is one of the largest global electronic manufacturers, with production
facilities strategically located to support Zaptec's planned expansion both in
Europe and US, which also will minimize carbon footprint in transportation of
chargers from the production facilities to the end customers.
Sanmina is publicly traded on NASDAQ under the ticker SANM.
For more information:
Kristian Sæther, Finance Manager & Investor Relations, Zaptec AS
Tel: +47 90 70 85 12, e-mail: investor@zaptec.com
About Zaptec:
Zaptec AS is a technology company within Electronic vehicle (EV) charging
systems in Europe. The company develops EV charging systems for multi and
single-family homes and office buildings. The product portfolio enables large
number of charging points at a low cost and includes Zaptec Pro, Zaptec Go,
Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec APM. The
company accelerates the electrification of the transport sector to assist
European countries in reducing CO2 emissions from light-duty cars.