RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2016

Related Party Transactions [Abstract]

Schedule of Amount Due To/From Related Parties

Amounts due from related parties are as follows (in thousands):

	September 30, 2016		December 31, 2015
Sanmen Branch of Zhejiang UFO Automobile Manufacturing Co., Ltd	$	-	$	998
Shanghai Zapple		123		-
Jonway Economy and Trade Co., Ltd.		1		616
	$	124	$	1,614

In addition, accounts receivable included in accounts receivable due from related parties as follows (in thousands):

	September 30, 2016		December 31, 2015
Jonway EV selling Ltd.	$	3,317	$	4,659
Sanmen Branch of Zhejiang UFO Automobile Manufacturing Co., Ltd		1,054		212
Jonway Motorcycle		405		301
	$	4,776	$	5,172

Amounts due to related parties are follows (in thousands):

	September 30, 2016		December 31, 2015
Jonway Group	$	11,413	$	12,606
Jonway Motor Cycle		64		64
Taizhou Huadu		-		846
Shanghai Zapple		-		35
Mr. Alex Wang, the CEO		4		74
Mr. Huaiyi Wang		14		-
Betterworld		149		149
Zhejiang Jonway Painting Co., Ltd.		-		11
Cathaya Operations Management Ltd.		127		193
	$	11,771	$	13,978

Schedule of Contract Rates

The first 3,000 vehicles	$44 per vehicle
Vehicles from 3,001 to 5,000	$30 per vehicle
Vehicles over 5,000	$22 per vehicle