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: email@example.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.
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