UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    Form 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
        Date of Report (Date of earliest event reported): March 27, 1998

                             ZAP POWER SYSTEMS, INC.
        (Exact name of small business issuer as specified in its charter)

                                   CALIFORNIA
         --------------------------------------------------------------
         (State or other jurisdiction of incorporation or organization)

          333-05744-LA                                 94-3210624
     ----------------------             ------------------------------------
     Commission file number             (I.R.S. Employer Identification No.)

                                117 Morris Street
                              Sebastopol, CA 95472
                    (Address of principal executive offices)
                                 (707) 824-4150
              (Registrant's telephone number, including area code)


ITEM 4.       CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT

         (a)  ENGAGEMENT OF NEW  INDEPENDENT  ACCOUNTANTS.  On January 26, 1998,
              the  Registrant's  Board of Directors  approved the appointment of
              Grant Thornton LLP ("Grant Thornton") as the Registrants principal
              independent   accountants   engaged  to  audit  the   Registrant's
              financial  statements  for the year ending  December 31, 1997,  in
              place of Moss-Adams  who were  dismissed as reported in 8-K filing
              dated December 29,1997.  On January 26, 1998 the above appointment
              was accepted by Grant Thornton.

              Prior to January 26, 1998,  the  Registrant had not consulted with
              Grant Thornton regarding the application of accounting principles;
              or the  type of  audit  opinion  that  might  be  rendered  on the
              Registrant's financial statements; or other information considered
              by the  Registrant in reaching any decision as to the  accounting,
              auditing  or  financial  reporting  issue;  or any matter that was
              either  the  subject  of a  disagreement  or an  event  (as  event
              identified in Item 304(a) (1) (vi) of Regulation S-B).

                                    SIGNATURE

              Pursuant  to the  requirements  of the Securities  Exchange Act of
              1934,  the  Registrant has duly caused this report to be signed on
              its behalf by the undersigned hereunto duly authorized,


                                                  ZAP Power Systems, Inc.

         Date:   March 27, 1998                   By: ________________________

                                                      Name: James McGreen
                                                      Title:  President

                                                  By: ________________________

                                                      Name: Gary Starr
                                                      Title:  Managing Director