Zapp EV reports financial results for six months, appoints new CEO, reports net loss.

From GlobeNewswire: 2025-06-25 06:00:00

Zapp Electric Vehicles Group Limited reported financial results for the six months ended March 31, 2025, and announced the appointment of David McIntyre as the new Chief Executive Officer. McIntyre brings three decades of experience in the luxury automotive industry and aims to move the company forward. The board of directors also terminated the founder and former CEO, Swin Chatsuwan, along with other executives. Zapp EV completed homologation in the EU and UK, and plans to assemble i300 in the UK while rebuilding its supply chain. Financially, the company reported an IFRS net loss of $4.3 million for the period.

Source: Globe Newswire



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