CONVERTIBLE BOND	6 Months Ended
Jun. 30, 2014
CONVERTIBLE BOND [Abstract]
CONVERTIBLE BOND	NOTE 7- CONVERTIBLE BOND On June 12, 2013, the Company signed a convertible bond agreement, pursuant to which a Convertible Bond would be put in place to fund the formation of JAZ (Jonway and ZAP) from the ZAP Hangzhou Joint Venture that was formed in 2010 in China, Hangzhou. The Convertible Bond was to be funded at US$2 million with the option to convert to JAZ shares upon listing on the AIM market at a discount of 30% of the IPO price, and if no AIM listing will be achieved within the duration of Bond period then the Convertible Bond can be converted into ZAP shares at 30% below market price based on the average trading prices of the previous 120 days after notification by bond holder for shares conversion in whole or in part of the bond sum. The Convertible Bond bears interest at 12% per annum payable in arrears in full. As of June 30, 2014, the Company received $1.7 million ($1.50 million net of interest) of $2 million, leaving $300,000 yet to be received. A total of $0.48 million in amortization was recorded with the remaining balance of $0.25 million of the discount was offset against the Company's equity account. The Bond has not been fully funded and the remaining $300,000 may not be forthcoming and its settlement date is uncertain. On April 23, 2014, the Company entered into an agreement with Bernard Fung ("Fung Agreement") concerning the balance owing to him under the Company's Convertible Bond dated June 20, 2013 ("Bond"). Mr. Fund notified the Company that he wanted to convert the $300,000 balance owing on the Bond into shares of the Company's common stock in accordance with the conversion procedures set forth in the Bond. Pursuant to the Fung Agreement, the Company issued 3,108,747 shares of its common stock in satisfaction of all amounts owing to Mr. Fund under the Bond. On January 25, 2014, Ms. Lu, one of the bond holders, had elected to have her investment in the Convertible bond of $300,000 converted to 4,862,237 shares of common stock under the same terms and conditions as the other bond holders based upon the conversion terms set forth in the Bond 4,862,237 shares of common stock were issued in May 2014. Additionally, Ms. Lu is transferring these shares to Cathaya Operations Management and the shares will be reissued to Cathaya Operations Management.

NOTE 7- CONVERTIBLE BOND

On June 12, 2013, the Company signed a convertible bond agreement, pursuant to which a Convertible Bond would be put in place to fund the formation of JAZ (Jonway and ZAP) from the ZAP Hangzhou Joint Venture that was formed in 2010 in China, Hangzhou. The Convertible Bond was to be funded at US$2 million with the option to convert to JAZ shares upon listing on the AIM market at a discount of 30% of the IPO price, and if no AIM listing will be achieved within the duration of Bond period then the Convertible Bond can be converted into ZAP shares at 30% below market price based on the average trading prices of the previous 120 days after notification by bond holder for shares conversion in whole or in part of the bond sum. The Convertible Bond bears interest at 12% per annum payable in arrears in full. As of June 30, 2014, the Company received $1.7 million ($1.50 million net of interest) of $2 million, leaving $300,000 yet to be received. A total of $0.48 million in amortization was recorded with the remaining balance of $0.25 million of the discount was offset against the Company's equity account. The Bond has not been fully funded and the remaining $300,000 may not be forthcoming and its settlement date is uncertain.

On April 23, 2014, the Company entered into an agreement with Bernard Fung ("Fung Agreement") concerning the balance owing to him under the Company's Convertible Bond dated June 20, 2013 ("Bond"). Mr. Fund notified the Company that he wanted to convert the $300,000 balance owing on the Bond into shares of the Company's common stock in accordance with the conversion procedures set forth in the Bond. Pursuant to the Fung Agreement, the Company issued 3,108,747 shares of its common stock in satisfaction of all amounts owing to Mr. Fund under the Bond.

On January 25, 2014, Ms. Lu, one of the bond holders, had elected to have her investment in the Convertible bond of $300,000 converted to 4,862,237 shares of common stock under the same terms and conditions as the other bond holders based upon the conversion terms set forth in the Bond 4,862,237 shares of common stock were issued in May 2014. Additionally, Ms. Lu is transferring these shares to Cathaya Operations Management and the shares will be reissued to Cathaya Operations Management.