LITIGATION

3 Months Ended

Mar. 31, 2015

LITIGATION [Abstract]

LITIGATION

NOTE 10– LITIGATION

1) ZAP is in arrears with the settlement payment to Hogan & Lovells. The current negotiated balance  due is $779,500.  Hogan & Lovells agreed to reduce the total amount owed by $453,827, as long as we did not default on our payment agreement,  If Hogan $ Lovells does seek a judgement, the total balance due immediatedly would be $1,233,327. Currently ZAP is seeking additional funding, and is working with prospective investors or lenders so ZAP can resume the installment payments to Hogan & Lovells.