8-K

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                       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) DECEMBER 10, 2004

                                       ZAP

             (Exact name of Registrant as specified in its charter)


         CALIFORNIA                   0-303000                   94-3210624
(State or other jurisdiction        (Commission               (I.R.S. Employer
     of incorporation)              File Number)             Identification No.)


                                501 FOURTH STREET
                              SANTA ROSA, CA, 95401
                    (Address of principal executive offices)


                                 (707) 525-8658
               Registrant's telephone number, including area code

________________________________________________________________________________

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):

|_| Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
     Act (17 CFR 240.13e-4(c))
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Item 7.01 Regulation FD Disclosure

The Board of Directors of ZAP has extended the expiration dates and exercise
prices of the following Company warrants :

1)  Series B and B-2 Warrants were extended from December 31, 2004 to July 1,
    2007 with an exercise price of $1.20.
2)  Series C and C-2 Warrants were extended from July 1, 2005 to July 1, 2007
    with an exercise price of $5.00 However, the Board of Directors did approve
    a temporary reduction in the exercise price from $5.00 to $3.25 until
    January 2, 2005.
3)  Series D and D-2 Warrants were extended from July 1, 2005 to July 1, 2007
    with an exercise price of $8.00.
4)  Series K and K-2 Warrants were extended from July 1, 2005 to July 1, 2007
    with an exercise price of $1.00.


Item 8.01 Other Events.


On December 10, 2004 the Board of Directors of ZAP has decided to hold on the
forward stock split which was announced on November 23, 2004 .


ITEM 9.01 Financial Statements and Exhibits.

(c)  Exhibits.

     Exhibit No.                          Description
     -----------                          -----------

        99.1          Press Release dated December 10, 2004- ZAP Board elects to
                      hold on stock split.



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, thereunto duly authorized.

December 10, 2004

ZAP

BY:

/s/ Steven Schneider
- ----------------------
Steven M. Schneider,
Chief Executive Officer

EX-99.1

                                                                    EXHIBIT 99.1
                                                                    ------------

                     ZAP BOARD ELECTS TO HOLD ON STOCK SPLIT

         SANTA ROSA, California (December 10, 2004) - Automotive manufacturer
ZAP (OTC BB:ZAPZ) announced today that its Board of Directors have decided to
hold on the forward stock split announced on November 23 because of recent
developments.

"We believe our Shareholders would benefit more from the current capital
structure," said Steve Schneider, Chief Executive Officer of ZAP. "We listen to
our shareholders and to the investment community and this decision is based this
feedback as well as the view that our recent actions to strengthen our capital
structure and marketability of our stock to potential new investors is working.
Furthermore, with the current price of the stock, there is the potential for
institutional investors to create a position in ZAP." "Indeed, today I am
announcing that an institution has recently purchased over 500,000 shares of
ZAPZ common stock," added Schneider. "With the growing volume in our stock, it
is likely that this institution and others are already beginning to trade stock
in ZAP. We expect that with the recent developments at the Company, combined
with continued progress in growing our business, will contribute to greater
shareholder value creation going forward."

         On November 22, ZAP announced that the SMART Car was granted a
certificate of conformity by the U.S. Environmental Protection Agency, clearing
the way for ZAP to organize distribution in the U.S. for the first time. A
ten-year old public Company, over the past two years ZAP has expanded its
business plan to include automobiles powered by fuel efficient technologies,
including electric and hydrogen energy systems.

About ZAP

         ZAP has been a leader in clean transportation technologies since 1994,
delivering more than 85,000 vehicles to customers in more than 60 countries. A
public company, ZAP is traded on the Over-the-Counter stock exchange under the
symbol ZAPZ. The company offers a variety of advanced technology vehicles,
including electric cars, bicycles, scooters, motorbikes, underwater scooters and
more. For more information, visit http://www.zapworld.com or call
+1-707-525-8658. ZAP is not affiliated with, or authorized by, smart gmbh, the
manufacturer of SMART automobiles, or the smartUSA division of Mercedes-Benz
LLC, the exclusive authorized U.S. importer and distributor of those vehicles.
ZAP purchases its vehicles from non-affiliated direct importer Smart-Auto LLC.

         Forward-looking statements in this release are made pursuant to the
"safe harbor" provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that such forward-looking statements involve risks
and uncertainties, including, without limitation, continued acceptance of the
Company's products, increased levels of competition for the Company, new
products and technological changes, the Company's dependence upon third-party
suppliers, intellectual property rights, and other risks detailed from time to
time in the Company's periodic reports filed with the Securities and Exchange
Commission.