StockGuru Blog: ZAP’s Obvio ! Fully Outsourced Manufacturing of Vehicles — Revolutionary Cost Efficient Concept
ZAP - ZP ZAP is using the ‘modular method’ of production. This is cost efficient to ZAP and translates into profit. The ‘modular method’ method means that the suppliers assemble the vehicles for Obvio ! at the Obvio ! premises in Brazil. The Obvio ! is produced in Brazil and ZAP has a twenty-one year agreement with Obvio ! to distribute Obvio ! s in North America and a duty free agreement to import them. In September 2005, ZAP bought a 20 percent stake in Obvio ! . What is the Modular Assembly Method? “We have zero Obvio ! workers…