FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Cathaya Capital LP 		2. Issuer Name and Ticker or Trading Symbol

ZAP [ ZAAP ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
_____ Officer (give title below)      __ X __ Other (specify below)
Member of 10% Group
(Last)          (First)          (Middle)

1501-08 MILLENNIUM CITY 5, 418 KWUN TONG ROAD 		3. Date of Earliest Transaction (MM/DD/YYYY)

12/30/2014
(Street)

KWUN TONG, K3 418
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   12/30/2014   12/30/2014   A    13240262   (1) A $.061   117351833   D   (2) (3)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option   $.39   8/6/2009     A      1000000       8/6/2019   8/5/2019   Common Stock   1000000   $0   1000000   D   (4)  
Employee Stock Option   $.39   8/6/2009     A      5600364         (4) 8/5/2019   Common Stock   5600364   $0   6600364   D   (5)  
Common Stock Warrants   $.50   8/6/2009     P      16000000       8/6/2009   8/6/2014   Common Stock   16000000   $0   22600364   D   (1) (2)  

Explanation of Responses:
( 1)  These shares were issued in lieu of the payment of interest on the Issuer's Senior Convertible Note dated January 12, 2011.
( 2)  Cathaya Capital L.P. is the direct owner of these securities.
( 3)  Priscilla M. Lu disclaims beneficial ownership of ZAP's securities reported herein except to the extent of her pecuniary interest.
( 4)  This option was granted to Priscilla M. Lu on August 6, 2009 and was fully vested and immediately excercisable on the date of the grant.
( 5)  This option was granted to Priscilla M. Lu on August 6, 2009 and becomes fully vested and excercisable in three equal installments beginning August 6, 2009.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Cathaya Capital LP
1501-08 MILLENNIUM CITY 5
418 KWUN TONG ROAD
KWUN TONG, K3 418 		X X
Member of 10% Group

Signatures
/s/ Priscilla M. Lu, General Partner of Cathaya Capital L.P. 12/30/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.