NYSE Arca, Inc. (Exchange) Rule 5.5(h) requires that a company listed
pursuant to Tier II standards must maintain total net tangible assets
of at least $500,000 or net worth of at least $2,000,000, as those terms
are defined in NYSE Arca, Inc. Rule 5.1(b).  On August 23, 2006,
ZAP was notified of its failure to meet these standards.  The
Company submitted a business plan to address the non-compliance.
After consideration and review of these materials, NYSE Regulation
decided not to accept the business plan and to proceed with suspension
of trading.

On October 31, 2006, the Exchange determined that the Common Stock of ZAP
should be suspended from trading prior to the opening on November 8, 2006,
and directed the preparation and filing with the Commission of this
application for the removal of the Common Shares from listing and
registration on the Exchange.  Pursuant to the above authorization,
a press release was issued on October 31, 2006 and was posted to the NYSE
Group website.  Trading in the Common Shares on the Exchange was suspended
before the opening on the trading session on November 8, 2006.

The Company had a right to appeal to a Committee of the Board of
Directors the determination to delist its Common Shares, provided that it
File a written request for such a review with the Secretary of the Exchange
within five business days of receiving notice of delisting determination.
The Company did not file such request within the specified time period.

The Exchange also notifies the Securities and Exchange Commission that
as a result of the above indicated conditions this security was suspended
from trading on November 8, 2006.