8-K

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):November 14, 2006

ZAP

(Exact name of Registrant as specified in its charter)

California	001-32534		94-3210624
(State or other jurisdiction of incorporation or organization)	Commission File Number		IRS Employer Identification Number
501 Fourth Street Santa Rosa, CA		95401
(Address of principal executive offices)		(Zip Code)

(707) 525-8658

(Registrant’s telephone number, including area code)

not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 2. Financial Information

Item 2.02.  Results of Operations and Financial Condition

On November 14, 2006, ZAP issued a press release announcing its financial results for the quarter ended September 30, 2006. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this report, including the exhibit attached hereto, is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.

Section 9.  Financial Statements and Exhibits

Item 9.01.  Financial Statements and Exhibits

(d)   Exhibits
Exhibit Number	Exhibit Title or Description
99.1	Press release of ZAP dated November 14, 2006.

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SIGNATURES

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
Date: November 14, 2006	By:  /s/ Steven Schneider
	Steven Schneider
	Chief Executive Officer

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ZAP

EXHIBIT INDEX

Exhibit Number	Exhibit Title or Description
99.1	Press release of ZAP dated November 14, 2006.

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EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

ZAP (OTCBB: ZAAP) Posts Profit, Record Sales for 2006

SANTA ROSA, CA (November 14, 2006) -- Electric car pioneer ZAP (OTC BB:ZAAP), a leader in advanced transportation and energy technologies, posted record sales for the first nine months of 2006 as well as a net profit for the quarter, thanks to results generated by its automotive distribution.

With electric cars sales now adding to its bottom line and record gas prices driving demand, ZAP has posted a profitable quarter and record sales for its 12-year history. Sales for the first nine months of 2006 were $9.9 million compared to $2.9 million for the prior year, an increase of $7.0 million or 272 percent. Net sales for the third quarter were $2.6 million compared to $799,000 in 2005.

ZAP's spike in sales can be attributed to the launch of its automotive marketing, including the new XEBRA electric car and pickup truck going on display November 18 at the San Francisco International Auto Show. ZAP has established an automotive dealer network to help expand its marketing for electric vehicles. Sales for all ZAP's electric transportation have risen, from its ZAPPY3 electric transporters, to scooters, mopeds, bicycles, motorcycles, ATVs, dirt bikes, seascooters and more.

"With record sales and a net profit, ZAP is grateful to all the supporters who believed in us for the past 12 years," said CEO Steve Schneider. "In particular, we want to thank our dealers who are the true ambassadors of electric transportation in communities across the country. The wheels of progress are turning and ZAP is playing a vital role in the future of transportation."

ZAP reported a net income of $305,000 for the quarter ended September 30, 2006 as compared to a net loss of $6.8 million for the quarter ended September 30, 2005. Contributing to the profit was a gain on the settlement of the Smart-Automobile LLC liability during the quarter.

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 90,000 vehicles to consumers in more than 75 countries. ZAP is at the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, alcohol, hybrid and other innovative power systems. For more information, visit http://www.zapworld.com.

Forward-Looking Statements

Statements in this press release that relate to future plans or projected results of ZAP are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), and Section 21E of the Securities Exchange Act of 1934, as amended by the PSLRA, and all such statements fall under the "safe harbor" provisions of the PSLRA. ZAP's actual results may vary materially from those described in any "forward-looking statement" due to, among other possible reasons, the continued acceptance of ZAP's products, increased levels of competition, new products and technological changes, ZAP's dependence on third-party suppliers, intellectual property rights, and the realization of any of the other risks described in ZAP's Annual Report on Form 10-KSB, or in any of ZAP's other filings with the Securities and Exchange Commission. Readers of this press release are cautioned not to put undue reliance on forward-looking statements.

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Contacts:

Eveline Souza, Media Relations, 707-525-8658 x 216, esouza@zapworld.com

Investor Relations, Tony Collins, Contact Financial, (877)990-1122, investor@zapworld.com