SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON. DC 20549

                                   FORM 12b-25

                           Notification of Late Filing

                                                Commission File Number 0-29657
                                                                       -------

    [X] Form 10-QSB

                                 PART I
                          REGISTRANT INFORMATION

Full name of registrant American Electric Automobile Company, Inc.

Address of principal executive office (street and Number)

7270 Woodbine Avenue, Suite 200, Markham, Ontario, Canada L3R 4B9
City, state and zip code

                                 PART II
                         RULE 12B-25(b) AND (c)

     (a) The reasons  described  in  reasonable  detail in Part III of this form
         could not be eliminated without unreasonable effort or expense.

     (b) The subject annual report,  semi-annual  report,  transition  report on
         Form 10-K, 10-KSB,  20F, 11-K or Form N-SAR, or portion thereof will be
         filed on or before the 15th calendar day following the prescribed

  [X]     due date: or the subject quarterly report or transition report on
         Form 10-Q, 10QSB, or portion thereof will be filed on or before the
         fifth calendar day following the prescribed due date: and

     (c) The accountant's  statement or other exhibit required by Rule 12b-25(c)
         has been attached if applicable.

                                PART III
                                NARRATIVE

The  Company's  accountants  are unable to complete  the 10QSB within the filing
time period due to an excessive workload.




                                     PART IV
                                OTHER INFORMANTON

     (1)  Name and  telephone  number  of person  to  contact  in regard to this
          notification.


Stephen M. Cohen -
Secretary                                  (905) 947-9925
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(Name)                                 (Area Code) (Telephone Number)

     (2)  Have all other periodic  reports required under Section 13 or 15(d) or
          the  Securities  Exchange Act of 1934 or Section 30 of the  Investment
          Company Act of 1940 during the preceding 12 months or for such shorter
          period that the  registrant  was required to file such  report(s) been
          filed? If the answer is no, identify reports.

                                                                           X Yes

     (3)  Is it anticipated that any significant change in results of operations
          from  the  corresponding  period  for the  last  fiscal  year  will be
          reflected by earnings  statements to be included in subject  report or
          portion thereof?

                                                                            X No

     If so attach  explanation  of the  anticipated  change,  both narrative and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of results cannot be made.

                    AMERICAN ELECTRIC AUTOMOBILE COMPANY, INC.
        ------------------------------------------------------
             (Name of Registrant as Specified in Charter)

     Has caused this  notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date:  November 14, 2001

     /s/ Stephen M. Cohen
    ----------------------------
By  Stephen M. Cohen Secretary