0000950170-24-020222 | 20-F | XBRL Viewer | Zapp Electric Vehicles Group LTD

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Property, plant and equipment - Additional Information (Details)	12 Months Ended
	Sep. 30, 2023 USD ($)
Vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Additions	$ 31,818

Share-based Payments - Schedule of Movements in Non-vested Shares Under Informal Share Option Arrangements (Details) - Informal Share Option Arrangements	12 Months Ended
	Sep. 30, 2023 shares $ / shares	Sep. 30, 2022 shares $ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of non-vested share options, Beginning balance	3,875,000	3,930,000
Number of non-vested share options, Granted	1,465,000	300,000
Number of non-vested share options, vested	(4,743,750)	(285,000)
Number of non-vested share options, cancelled and forfeited	(200,000)	(70,000)
Number of non-vested share options, Adjustment at business combination	(185,645)
Number of non-vested share options, Vested after business combination	(15,967)
Number of non-vested share options, Cancelled and forfeited after the Business Combination	(23,951)
Number of non-vested share options, Ending balance	170,687	3,875,000
Weighted average fair value at grant date, Beginning balance \| $ / shares	$ 0.22	$ 0.27
Weighted average fair value at grant date, Granted \| $ / shares	0.59	0.17
Weighted average fair value at grant date, Vested \| $ / shares	0.33	0.16
Weighted average fair value at grant date, Cancelled and Forfeited \| $ / shares	0.48	0.16
Weighted average fair value at grant date, Vested after business combination \| $ / shares	0.9
Weighted average fair value at grant date, Cancelled and forfeited after the business combination \| $ / shares	0.88
Weighted average fair value at grant date, Ending balance \| $ / shares	$ 0.64	$ 0.22

Significant accounting policies (Additional Information) (Details) - USD ($)		1 Months Ended	12 Months Ended
	Feb. 20, 2024	Feb. 29, 2024	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Disclosure of changes in accounting estimates [line items]
Cash and cash equivalents			$ 823,223	$ 1,963,087	$ 159,723
Trade and other payables			19,884,517	905,132
Financial liabilities			24,568,306	$ 1,464,931
Additional funds from private or public offering of securities			5,000,000
Events After Reporting Period \| Ordinary Shares
Disclosure of changes in accounting estimates [line items]
Proceeds from issuance of ordinary shares	$ 550,000
Yorkville Advisors Global LP \| Events After Reporting Period \| Ordinary Shares
Disclosure of changes in accounting estimates [line items]
Proceeds from issuance of ordinary shares		$ 600,000
Yorkville Advisors Global LP \| Top of Range
Disclosure of changes in accounting estimates [line items]
Proceeds from issuance of ordinary shares			$ 10,000,000

Expenses Relating to the Business Combination

12 Months Ended

Sep. 30, 2023

Disclosure of detailed information about business combination [abstract]

Expenses Relating to the Business Combination

6. Expenses relating to the Business Combination

During the year ended September 30, 2023, the Group incurred significant costs in connection with the Business Combination. The table below sets out these costs by nature, including identifying which costs were/are to be settled in cash and which costs were/are to be settled through the issue of equity instruments:


(in USD)	Cash-Settled		Equity-Settled		Total
Professional fees		9,146,063		6,845,953		15,992,016
Share-based payment expense on management earnout		—		64,082,445		64,082,445
Share-based payment expense on sponsor earnout		—		5,690,340		5,690,340
Share-based payment expense on acquisition of CIIG II		—		81,551,286		81,551,286
Total expenses relating to the Business Combination		9,146,063		158,170,024		167,316,087

Further information on the share-based payment expenses arising on the Business Combination is provided in Note 20.

The share-based payment expense on acquisition of CIIG II relates to the excess of the fair value of the Ordinary Shares issued to non-redeeming CIIG II shareholders over the net assets of CIIG II on the closing of the Business Combination.

Of the cash-settled amounts, $7,565,495 remained outstanding as at September 30, 2023 and is included within accounts payable and accrued liabilities.

Upon closing of the Business Combination, the Group acquired liabilities of $11,491,920 relating to transaction expenses incurred by CIIG II. Of these, $11,300,921 remained outstanding as at September 30, 2023, of which $8,167,921 is included within accounts payable and accrued liabilities and $3,133,000 is included within loans and borrowings.

Furthermore, the Group has made provision for excise tax on redeemed shares of $2,309,495 in relation to the new 1 percent excise tax on stock repurchases by publicly traded companies that occur after December 31, 2022 enacted under Section 4501 of the United States Inflation Reduction Act of 2022.

Share-based Payments (Tables)

12 Months Ended

Sep. 30, 2023

Disclosure of terms and conditions of share-based payment arrangement [abstract]

Schedule of Share-based Payment Charge

The Group recognized a share-based payment charge for the year as follows:


	Year Ended September 30,
(in USD)	2023		2022
Informal share option arrangements		999,357		249,087
Management earnout		64,082,445		—
Sponsor earnout		5,690,340		—
SAP compensation		6,845,953		—
MSA compensation		120,355		—
		77,738,450		249,087

Schedule of Share Options, Earnout Shares, Share Awards and RSUs Granted

The following share options, earnout shares, share awards and RSUs were granted during the year ended September 30, 2023:

        Scheme

        Number

        Grant date

        Expiry date

        Post Business Combination equivalent

Informal share option arrangements

10,000

11/7/2022

5/23/2032

5,702

Informal share option arrangements

60,000

11/7/2022

8/12/2032

34,215

Informal share option arrangements

200,000

11/7/2022

8/15/2032

n/a*

Informal share option arrangements

20,000

11/7/2022

9/1/2032

11,405

Informal share option arrangements

1,100,000

11/7/2022

10/1/2032

627,270

Informal share option arrangements

50,000

11/7/2022

12/1/2032

28,512

Informal share option arrangements

25,000

11/7/2022

12/19/2032

14,256

Management earnout

8,518,290

4/28/2023

4/28/2028

8,518,290

Sponsor earnout

754,687

4/28/2023

4/28/2028

754,687

SAP compensation

173,000

4/28/2023

n/a

173,000

SAP compensation

683,720

4/28/2023

4/28/2028

683,720

MSA compensation

72,114

6/19/2023

n/a

72,114

11,666,811

10,923,171

*Forfeit prior to conversion.

Reconciliation of Outstanding Share Options, Earnout Shares, Share Awards to be Issued and RSUs

The following reconciles the outstanding share options, earnout shares, share awards to be issued and RSUs at the beginning and end of the year:


	Informal share option arrangements			Management earnout shares		Sponsor earnout shares		SAP compensation		MSA compensation

At September 30, 2021		6,040,000			—		—		—		—
Granted during the year		300,000			—		—		—		—
Cancelled and forfeited during the year		(70,000	)		—		—		—		—
At September 30, 2022		6,270,000			—		—		—		—
Granted prior to the transaction		1,465,000			—		—		—		—
Cancelled and forfeited prior to the Business Combination		(200,000	)		—		—		—		—
Granted at the Business Combination		—			8,518,290		754,687		856,720		—
Adjustment at the Business Combination		(3,238,205	)		—		—		—		—
Granted after the Business Combination		—			—		—		—		72,114
Cancelled and forfeited after the Business Combination		(23,951	)		—		—		—		—
At September 30, 2023		4,272,844			8,518,290		754,687		856,720		72,114

Schedule of Key Terms in Relation to Informal Share Option Arrangements

The follow table presents key terms in relation to the informal share option arrangements:


	Weighted average exercise price		Weighted average remaining contractual life (in years)
At September 30, 2021	$	0.06
Granted during the year	$	0.45
Cancelled and forfeited during the year	$	0.45
At September 30, 2022	$	0.06
Granted prior to the Business Combination	$	0.64
Cancelled and forfeited prior to the Business Combination	$	1.15
At September 30, 2023	$	0.27		6.58

Schedule of Movements in Non-vested Shares Under Informal Share Option Arrangements

Movements in non-vested shares under informal share option arrangements were as follows:


	Number			Weighted average fair value at grant date
At September 30, 2021		3,930,000		$	0.27
Granted during the year		300,000		$	0.17
Vested during the year		(285,000	)	$	0.16
Cancelled and forfeited during the year		(70,000	)	$	0.16
At September 30, 2022		3,875,000		$	0.22
Granted prior to the Business Combination		1,465,000		$	0.59
Vested prior to or on the Business Combination		(4,743,750	)	$	0.33
Cancelled and forfeited prior to the Business Combination		(200,000	)	$	0.48
Adjustment at the Business Combination		(185,645	)	N/A
Vested after the Business Combination		(15,967	)	$	0.90
Cancelled and forfeited after the Business Combination		(23,951	)	$	0.88
At September 30, 2023		170,687		$	0.64

Determining the Fair Value of Share Options and Earnout Shares Granted

The following information was used in determining the fair value of share options and earnout shares granted during the year ended September 30, 2023:


	Informal share option arrangements1	Management earnout shares			Sponsor earnout shares			SAP compensation

Valuation method	Black Scholes	Monte Carlo			Monte Carlo			Monte Carlo
Exercise price	£0.35 - £0.95	$12.00 - $16.00			$14.00			$12.00 - $16.00
Expected volatility	46.0% - 54.4%		66.2	%		66.2	%		66.2	%
Dividend yield	Nil	Nil			Nil			Nil
Risk free interest rate	1.5% - 3.5%		3.6	%		3.6	%		3.6	%
Fair value	£0.39 - £0.55	$7.16 - $7.87			$7.54			$7.16 - $7.87

1All options were issued prior to the transaction and were therefore originally issued in GBP.

Financial instruments - Additional Information (Details) - USD ($)			12 Months Ended
	Jul. 31, 2023	Apr. 26, 2023	Sep. 30, 2023	Apr. 28, 2023
Disclosure of financial assets [line items]
Shares Issued Under F P A Agreement, Shares	2,432,186		2,432,186
Total number of shares issued		6,567,814	3,741,424
Gain on revaluation of warrants			$ 2,039,723
CIIG II Class A common stock
Disclosure of financial assets [line items]
Par value per share				$ 0.0001
Par value per share				$ 0.0001
Forward Purchase Agreement
Disclosure of financial assets [line items]
Shares Issued Under F P A Agreement, Shares	2,432,186
Share price settlement adjustment amount			2,660,568
Additional number of shares issued	1,943,046
Sales, fair value measurement, assets		$ 6,567,814
Purchase of available-for-sale financial assets		$ 49,270,000
Cumulative fair value loss			$ 48,552,478
Forward Purchase Agreement \| CIIG II Class A common stock
Disclosure of financial assets [line items]
Par value per share		$ 0.0001
Par value per share		0.0001
Top of Range \| Forward Purchase Agreement
Disclosure of financial assets [line items]
Dividends paid, ordinary shares per share		$ 5,000,000
Top of Range \| Forward Purchase Agreement \| CIIG II Class A common stock
Disclosure of financial assets [line items]
Purchases, fair value measurement, assets		$ 10,000,000

Share Capital - Additional Information (Details)				12 Months Ended
Share Capital - Additional Information (Details)	Apr. 28, 2028 $ / shares shares	May 28, 2024 $ / shares shares	Jul. 31, 2023 shares	Sep. 30, 2023 USD ($) Vote $ / shares shares	Oct. 01, 2023 shares	Apr. 28, 2023 USD ($)	Apr. 26, 2023 shares	Sep. 30, 2022 USD ($)	Sep. 30, 2022 £ / shares
Disclosure of share capital [line items]
Share capital \| $				$ 5,790				$ 940
Shares issued				3,741,424			6,567,814
Ordinary shares, vote per share \| Vote				1
Increase to merger reserve \| $				$ 12,838,970		$ 12,838,970
New shares issued under FPA			2,432,186	2,432,186
Warrants outstanding on expiry				26,437,500
Warrants issued				29,858,969
Major Ordinary share Transactions
Disclosure of share capital [line items]
Warrants outstanding on expiry	26,437,500	3,421,469
Warrants exercise price per share \| $ / shares	$ 11.5
Major Ordinary share Transactions \| Top of Range
Disclosure of share capital [line items]
Warrants exercise price per share \| $ / shares		$ 4.49
Major Ordinary share Transactions \| Bottom of Range
Disclosure of share capital [line items]
Warrants exercise price per share \| $ / shares		$ 0.79
Ordinary Shares
Disclosure of share capital [line items]
Authorized share capital \| $				$ 50,000
Shares authorized				500,000,000
Par value per share \| (per share)				$ 0.0001					£ 0.00001
Ordinary Shares \| Major Ordinary share Transactions
Disclosure of share capital [line items]
Shares issued					1,995,857

Related Party Transactions (Tables)

12 Months Ended

Sep. 30, 2023

Related Party [Abstract]

Summary of Transactions with Related Parties Who Are Not Members of The Group

uring the year ended September 30, 2023, the Group entered into the following transactions with related parties:


(in USD)	Property lease payments				Sales of assets to the group				Purchase of assets from the group
	2023		2022		2023		2022		2023		2022
Paragon Partners Company Limited		30,549		28,676		—		—		—		—
Zapp Manufacturing Thailand Company Limited		—		—		18,186		—		—		—
Executive officers		—		—		—		—		1,423		—

	Amounts owed by related parties				Amounts owed to related parties
(in USD)	2023		2022		2023		2022
Zapp Manufacturing Thailand Company Limited		—		21,021		—		—
Executive officers		—		38,590		—		340

Summary of Compensation To Directors And Executive Officers

The compensation to Directors and executive officers of the Group for the years ended September 30, 2023 and 2022, comprised the following:


	For the Year Ended September 30,
(in USD)	2023		2022
Short-term employee benefits		1,168,934		630,755
Post-employment benefits		9,332		41,160
Share-based payments		111,703		354,680
		1,289,969		1,026,595

Leases - Schedule of Carrying Amounts And Movement in Right-of-use Assets (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	$ 323,224	$ 44,823
Depreciation for the year	119,775	34,065
Right of use Assets, Ending balance	359,057	323,224
Gross Carrying Amount
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	361,905	53,673
Additions	560,398	349,810
Adjustments for early termination	(403,080)	(41,578)
Effect of movements in exchange rates	21,852
Right of use Assets, Ending balance	541,075	361,905
Accumulated Depreciation and Impairment Losses
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	(38,681)	(8,850)
Depreciation for the year	119,774	34,065
Impairment for the year	25,588
Effect of movements in exchange rates	2,025	(4,234)
Right of use Assets, Ending balance	(182,018)	(38,681)
Leasehold Property
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	302,924	25,123
Right of use Assets, Ending balance	271,295	302,924
Leasehold Property \| Gross Carrying Amount
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	330,289	27,407
Additions	467,465	339,539
Adjustments for early termination	(403,080)
Effect of movements in exchange rates	25,316	(36,657)
Right of use Assets, Ending balance	419,990	330,289
Leasehold Property \| Accumulated Depreciation and Impairment Losses
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	(27,365)	(2,284)
Depreciation for the year	97,756	27,741
Impairment for the year	25,588
Effect of movements in exchange rates	(2,014)	(2,660)
Right of use Assets, Ending balance	(148,695)	(27,365)
Furniture, Fixtures And Office Equipment
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	9,247
Right of use Assets, Ending balance	7,800	9,247
Furniture, Fixtures And Office Equipment \| Gross Carrying Amount
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	9,511
Additions		10,271
Effect of movements in exchange rates	171	(760)
Right of use Assets, Ending balance	9,682	9,511
Furniture, Fixtures And Office Equipment \| Accumulated Depreciation and Impairment Losses
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	(264)
Depreciation for the year	1,682	285
Effect of movements in exchange rates	(64)	(21)
Right of use Assets, Ending balance	(1,882)	(264)
Vehicles
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	11,053	19,700
Right of use Assets, Ending balance	79,962	11,053
Vehicles \| Gross Carrying Amount
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	22,105	26,266
Additions	92,933
Effect of movements in exchange rates	(3,635)	(4,161)
Right of use Assets, Ending balance	111,403	22,105
Vehicles \| Accumulated Depreciation and Impairment Losses
Disclosure of quantitative information about right-of-use assets [line items]
Right of use Assets, Beginning balance	(11,052)	(6,566)
Depreciation for the year	20,336	6,039
Effect of movements in exchange rates	53	(1,553)
Right of use Assets, Ending balance	$ (31,441)	$ (11,052)

Share-based Payments - Schedule of Share Options, Earnout Shares, Share Awards and RSUs Granted (Details)	12 Months Ended
	Sep. 30, 2023 shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted	11,666,811
Post Business Combination equivalent	10,923,171
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option granted	10,000
Grant date	Nov. 07, 2022
Expiry date	May 23, 2032
Post Business Combination equivalent	5,702
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option granted	60,000
Grant date	Nov. 07, 2022
Expiry date	Aug. 12, 2032
Post Business Combination equivalent	34,215
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option granted	200,000
Grant date	Nov. 07, 2022
Expiry date	Aug. 15, 2032
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option granted	20,000
Grant date	Nov. 07, 2022
Expiry date	Sep. 01, 2032
Post Business Combination equivalent	11,405
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option granted	1,100,000
Grant date	Nov. 07, 2022
Expiry date	Oct. 01, 2032
Post Business Combination equivalent	627,270
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option granted	50,000
Grant date	Nov. 07, 2022
Expiry date	Dec. 01, 2032
Post Business Combination equivalent	28,512
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option granted	25,000
Grant date	Nov. 07, 2022
Expiry date	Dec. 19, 2032
Post Business Combination equivalent	14,256
Management Earnout
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted	8,518,290
Grant date	Apr. 28, 2023
Expiry date	Apr. 28, 2028
Post Business Combination equivalent	8,518,290
Sponsor Earnout
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted	754,687
Grant date	Apr. 28, 2023
Expiry date	Apr. 28, 2028
Post Business Combination equivalent	754,687
SAP Compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted	173,000
Grant date	Apr. 28, 2023
Post Business Combination equivalent	173,000
SAP Compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted	683,720
Grant date	Apr. 28, 2023
Expiry date	Apr. 28, 2028
Post Business Combination equivalent	683,720
MSA compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted	72,114
Grant date	Jun. 19, 2023
Post Business Combination equivalent	72,114

Earnings Per Share - Schedule of Computation of Basic and Diluted Loss Per Share (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Earnings per share [abstract]
Loss for the year	$ (222,097,491)	$ (3,577,590)
Basic weighted average number of ordinary shares	47,765,200	39,348,147
Basic loss per ordinary share	$ (4.65)	$ (0.09)
Diluted loss per ordinary share	$ (4.65)	$ (0.09)

- Definition

The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]

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+ Details

Share Capital

12 Months Ended

Sep. 30, 2023

Disclosure of Share Capital [Abstract]

Share Capital

19. Share capital

Issued and fully paid share capital


	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022
	Number		Number		$		$
Ordinary shares of £0.00001 per share		—		72,418,470		—		940
Ordinary shares of $0.0001 per share		57,897,470		—		5,790		—

The authorized share capital of the Company is US$50,000 divided into 500,000,000 ordinary shares of $0.0001 each. Holders of Ordinary Shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at general meetings of the Company.

Movements in the Company's share capital in the two years ended September 30, 2023 are as follows:


(in USD, except number)	Number			Share capital		Share premium		Merger reserve
At October 1, 2021		64,652,412			841		2,797,342		—
Shares issued for cash		5,666,058			72		5,155,472		—
Conversion from convertible loan note		2,000,000			26		919,944		—
Shares issued to employee		100,000			1		121,534		—
At September 30, 2022		72,418,470			940		8,994,292		—
Conversion from convertible loan note		1,528,159			190		6,296,247		—
Group restructuring at the Business Combination		(18,481,345	)		4,417		103,732,715		12,838,970
Shares issued under FPA agreement		2,432,186			243		1,942,803		—
At September 30, 2023		57,897,470			5,790		120,966,057		12,838,970

On April 28, 2023 the Group consummated the Business Combination described in Note 1. The Group was subject to a recapitalization to reflect the capital structure of Zapp Electric Vehicles Group Ltd resulting in an increase to the merger reserve of $12,838,970.

On July 31, 2023 the Company issued 2,432,186 new shares under the FPA, as described in Note 21.

Subsequent to September 30, 2023 the Company issued 1,995,857 Ordinary Shares pursuant to the exercise of an employee share option agreement. See Note 24 for further details.

As at September 30, 2023, 29,858,969 warrants to acquire the Company's Ordinary Shares were outstanding.

3,421,469 warrants expire on May 28, 2024 and are exercisable at prices between $0.79 and $4.49 per Ordinary Share. The remaining 26,437,500 expire on April 28, 2028 and entitle holders to purchase one Ordinary Share at an exercise price of $11.50 per share. Until warrant holders acquire the Ordinary Shares upon exercise of such warrants, they have no rights with respect to the Ordinary Shares.

Expenses Relating to the Business Combination (Additional Information) (Details)	12 Months Ended
	Sep. 30, 2023 USD ($)
Disclosure of detailed information about business combination [line items]
Business combination remained outstanding	$ 11,300,921
Provision for excise tax	$ 2,309,495
Percentage of excise tax on stock repurchases.	1.00%
Accounts payable and accrued liabilities
Disclosure of detailed information about business combination [line items]
Cash settled amounts, remained outstanding	$ 7,565,495
Business combination remained outstanding	8,167,921
Loans and borrowings
Disclosure of detailed information about business combination [line items]
Business combination remained outstanding	3,133,000
CIIG
Disclosure of detailed information about business combination [line items]
Liabilities	$ 11,491,920

Segment information - Summary Of Non-current Assets By Geographical Area (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Disclosure of geographical areas [line items]
Non-current Assets	$ 4,690,674	$ 1,955,399
CAYMAN ISLANDS
Disclosure of geographical areas [line items]
Non-current Assets	2,661,418
EU
Disclosure of geographical areas [line items]
Non-current Assets	463,442	250,569
Thailand
Disclosure of geographical areas [line items]
Non-current Assets	$ 1,565,814	$ 1,704,830

Share-based Payments - Schedule of Share-based Payment Charge (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payment charge	$ 77,738,450	$ 249,087
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payment charge	999,357	$ 249,087
Management Earnout
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payment charge	64,082,445
Sponsor Earnout
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payment charge	5,690,340
SAP Compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payment charge	6,845,953
MSA compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payment charge	$ 120,355

Accounting Policies - Estimated Useful Lives of Right-of-Use Assets (Details)	12 Months Ended
	Sep. 30, 2023
Leasehold Property \| Bottom of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	3 years
Leasehold Property \| Top of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	10 years
Furniture, Fixtures and Office Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	6 years
Vehicles \| Bottom of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	4 years
Vehicles \| Top of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	5 years

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Selling and distribution expenses	$ (1,425,334)	$ (423,123)
General and administrative expenses	(6,372,718)	(3,187,006)
Operating loss	(7,798,052)	(3,610,129)
Finance income	9,292	2,693
Finance expense	(561,005)	(305,483)
Other (expenses) / income	(213,747,726)	335,329
Loss before tax	(222,097,491)	(3,577,590)
Loss for the year	$ (222,097,491)	$ (3,577,590)
Earnings per share
Basic earnings per share	$ (4.65)	$ (0.09)
Diluted earnings per share	$ (4.65)	$ (0.09)
Foreign currency translation differences	$ (24,402)	$ (245,632)
Other comprehensive loss for the year, net of tax	(24,402)	(245,632)
Total comprehensive loss for the year	$ (222,121,893)	$ (3,823,222)

Other (Expenses)/Income - Additional Information (Details)	12 Months Ended
	Sep. 30, 2023 USD ($)
Other Income and Expenses [line items]
Gain on revaluation of warrants	$ 2,039,723
Forward Purchase Agreement
Other Income and Expenses [line items]
Fair value losses	$ 48,552,478

Intangible Assets (Tables)

12 Months Ended

Sep. 30, 2023

Disclosure of detailed information about intangible assets [abstract]

Summary of Intangible Assets


(in USD)	Development costs			Patents and trademarks			Software			Total
Cost
At October 1, 2021		1,333,030			25,703			—			1,358,733
Additions		19,960			34,811			941			55,712
Effect of movements in exchange rates		(142,117	)		(5,396	)		(69	)		(147,582	)
At September 30, 2022		1,210,873			55,118			872			1,266,863
Additions		18,186			5,712			117,951			141,849
Effect of movements in exchange rates		20,797			1,221			(4,447	)		17,571
At September 30, 2023		1,249,856			62,051			114,376			1,426,283
Accumulated amortization and impairment losses
At October 1, 2021		133,303			4,131			—			137,434
Amortization for the year		129,473			5,568			4			135,045
Effect of movements in exchange rates		(23,642	)		(852	)		—			(24,494	)
At September 30, 2022		239,134			8,847			4			247,985
Amortization for the year		129,668			6,144			677			136,489
Effect of movements in exchange rates		(972	)		(84	)		(15	)		(1,071	)
At September 30, 2023		367,830			14,907			666			383,403
Carrying amounts
At October 1, 2021		1,199,727			21,572			—			1,221,299
At September 30, 2022		971,739			46,271			868			1,018,878
At September 30, 2023		882,026			47,144			113,710			1,042,880

Loans and Borrowings - Schedule of Loans and Borrowings (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Disclosure of detailed information about borrowings [line items]
Loans and borrowings, Current	$ 3,713,717	$ 12,490
Loans and borrowings, Noncurrent	1,022,866	34,871
Total Loans and Borrowings	4,736,583	47,361
Bank Loans
Disclosure of detailed information about borrowings [line items]
Loans and borrowings, Current	14,527	12,490
Promissory Notes
Disclosure of detailed information about borrowings [line items]
Loans and borrowings, Current	3,699,190
Bank Loans
Disclosure of detailed information about borrowings [line items]
Loans and borrowings, Noncurrent	22,866	$ 34,871
Promissory Notes
Disclosure of detailed information about borrowings [line items]
Loans and borrowings, Noncurrent	$ 1,000,000

Accounting Policies - Schedule of Estimated Useful Life of Intangible Assets (Details)	12 Months Ended
	Sep. 30, 2023
Development costs
Disclosure of detailed information about intangible assets [line items]
Estimated useful life of intangible assets	10 years
Patents and trademarks
Disclosure of detailed information about intangible assets [line items]
Estimated useful life of intangible assets	10 years
Software \| Bottom of Range
Disclosure of detailed information about intangible assets [line items]
Estimated useful life of intangible assets	5 years
Software \| Top of Range
Disclosure of detailed information about intangible assets [line items]
Estimated useful life of intangible assets	10 years

Taxation (Tables)

12 Months Ended

Sep. 30, 2023

Major components of tax expense (income) [abstract]

Summary of Reconciliation of Effective Tax Rate

The following table presents the reconciliation of effective tax rate for the years ended September 30, 2023 and 2022:


	For the Year Ended September 30,
(in USD)	2023			2022
Loss before tax		(222,097,491	)		(3,577,590	)

Income tax at the domestic rate of 22.00% (2022: 20.31%)		(45,970,977	)		(726,609	)
Impact of difference in overseas tax rates		40,961,202			—
Non-deductible expenses		2,685			98,838
Current year losses for which no deferred tax asset is recognized		5,026,928			643,122
Others		(19,838	)		(15,351	)
		—			—

Summary of Unrecognized Deferred Tax Assets Explanatory

Deferred tax assets have not been recognized in respect of the following items because it is not probable that future taxable profits will be available against which the Group entities can utilize benefits therefrom as at September 30, 2023, and 2022:


	For the Year Ended September 30,
(in USD)	2023		2022
Severance liabilities		31,716		20,532
Leases		—		1,880
Tax losses		5,946,743		924,653
		5,978,459		947,065

Summary of Tax Loss Carry Forward

As at September 30, 2023, we had tax loss carry-forwards that will expire in the following periods:


(in USD)
2024			52,238
2025			447,119
2026			691,144
2027			1,291,400
2028			2,989,672
No expiration			22,106,086
			27,577,658

Financial Instruments (Tables)

12 Months Ended

Sep. 30, 2023

Disclosure of detailed information about financial instruments [abstract]

Summary of Financial Assets at Amortized Cost and at Fair Value through Profit or Loss

inancial assets, other than cash and short-term deposits, comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Financial assets at amortized cost
Loans receivable from related parties		—		21,021
Lease deposits		36,878		20,415
		36,878		41,436
Financial assets at fair value through profit or loss
Forward purchase agreement		2,660,568		—
		2,660,568		—
Total financial assets		2,697,446		41,436

Current		17,606		21,466
Non-current		2,679,840		19,970

On April 26, 2023, the Company and CIIG II (which upon the consummation of the Business Combination became the Company’s wholly owned subsidiary) entered into separate agreements (each a “Forward Purchase Agreement,” and together, the “Forward Purchase Agreements”) with each of ACM ARRT I LLC and CFPA Holdings LLC-Zapp RS (together, the “Sellers”) for OTC Equity Prepaid Forward Transactions, pursuant to which the Sellers might, but were not obligated to, purchase up to 10,000,000 shares of CIIG II Class A common stock, par value $0.0001 per share, in the aggregate before the consummation of the Business Combination, upon which such stock was to be exchanged for Zapp EV Ordinary Shares. Should they fail to purchase that amount of CIIG II shares, as happened, the Sellers were entitled, at any time, to demand that the Company issue additional Ordinary Shares to them for no additional consideration to reach up to 5,000,000 Ordinary Shares per Seller. Prior to the closing of the Business Combination, the Sellers purchased a total of 6,567,814 shares. The complete terms and conditions of the Forward Purchase Agreements were disclosed in the Company’s report on Form 6-K dated April 26, 2023.

The Forward Purchase Agreements were initially recognized as a financial asset at their fair value of $49,270,000 on April 26, 2023 based on a Monte Carlo simulation model. The key inputs to the Monte Carlo simulation are described in Section 23.3.

On July 31, 2023, at the request of Seller CFPA Holdings LLC-Zapp RS, the Company issued an additional 2,432,186 shares to it. An additional financial asset of $1,943,046 was recorded based on the fair value of the Forward Purchase Agreements on that date. Details of the corresponding share capital and premium recorded are set out in Note 19.

On August 23, 2023, Seller CFPA Holdings LLC– Zapp RS delivered a notice to the Company asserting that a Registration Failure had occurred under the parties’ respective Forward Purchase Agreement and designating a Valuation Date of August 24, 2023. On November 22, 2023, CFPA Holdings LLC–Zapp RS delivered a further notice to the Company stating that the Valuation Period under the parties’ respective Forward Purchase Agreement had concluded, that the Forward Purchase Agreement had terminated, and that, based on the average daily VWAP of the Company's shares on the Nasdaq Global Market over the Valuation Period, “neither the Seller nor the Counterparty shall be liable to the other party for any payment of any Settlement Amount” under the agreement.

The Forward Purchase Agreement in relation to the remaining shares was revalued to its fair value of $2,660,568 at September 30, 2023 based on a Monte Carlo simulation. A cumulative fair value loss of $48,552,478 was recognized in other income and expense in relation to the Forward Purchase Agreements in the year ended September 30, 2023.

On January 23, 2024, Seller ACM ARRT I LLC and the Company terminated their respective Forward Purchase Agreement by mutual agreement. Neither party shall have any further obligation to the other.

See Note 24 for further details.

21.2

Summary of Financial Liabilities at Amortized Cost and at Fair Value through Profit or Loss

inancial liabilities comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Financial liabilities at amortized cost
Accounts payable and accrued liabilities		19,754,628		795,762
Loans and borrowings		4,736,583		47,360
Lease liabilities		396,734		332,816
		24,887,945		1,175,938
Financial liabilities at fair value through profit or loss
Warrants		603,028		323,864
		603,028		323,864
Total financial liabilities		25,490,973		1,499,802

Current		24,568,306		1,464,931
Non-current		922,666		34,871

Schedule of Interest Bearing Loans and Borrowings

The following is a summary of the interest bearing loans and borrowings of the Group as at September 30, 2023 and September 30, 2022:


	Interest rate	Maturity	September 30, 2023		September 30, 2022
Current
Bank loans	2.50%	Within one year		14,527		12,489
Promissory notes	0.00% to 15.00%	Within one year		3,699,191		—
				3,713,718		12,489
Non-current
Bank loans	2.50%	2026		22,866		34,871
Promissory notes	15.00%	2025		1,000,000		—
				1,022,866		34,871

Summary of Effect of Changes in Foreign Exchange Rates

The following tables demonstrate the sensitivity to a reasonable possible change in exchange rates, with all other variables held constant. The impact on the Group's profit before tax is due to changes in the fair value of monetary assets and liabilities. The impact on the Group's equity is due to changes in the value of the net assets of entities whose functional currency is not USD.


(in USD)	Effect on profit before tax			Effect on equity
5% strengthening of GBP against USD		363,722			306,328
5% weakening of GBP against USD		(402,009	)		(338,573	)

5% strengthening of EUR against USD		22,166			58,143
5% weakening of EUR against USD		(20,055	)		(59,883	)

5% strengthening of THB against USD		29,057			(51,168	)
5% weakening of THB against USD		(26,290	)		62,290

21.6

Summary of Maturity Profile of Financial Liabilities

The table below summarizes the maturity profile of the Group's financial liabilities based upon contractual, undiscounted payments:


(in USD)	Less than one year		1 to 5 years		Over 5 years		Total
Bank loans		14,527		24,198		—		38,725
Promissory notes		3,907,838		1,175,000		—		5,082,838
Lease liabilities		84,785		256,005		109,791		450,580
Accounts payable and accrued liabilities		19,754,628		—		—		19,754,628
		23,761,778		1,455,203		109,791		25,326,771

Summary of fair value of the Forward Purchase Agreements

The table below presents the key inputs used in the model. Share price was measured using Level 1 inputs. Expected volatility was measured using Level 2 inputs.


	April 26, 2023			September 30, 2023

Valuation method	Monte Carlo			Monte Carlo
Number of shares		6,567,814			3,741,424
Opening share price	$8.75			$0.75
Expected volatility		70.0	%		70.0	%
Dividend yield		0.0	%		0.0	%
Risk free interest rate		3.8	%		4.9	%
Fair value per share	$7.50			$0.71

Significant Accounting Policies

12 Months Ended

Sep. 30, 2023

Summary of Significant Accounting Policies [Abstract]

Significant Accounting Policies

2. Significant accounting policies

2.1.

Basis of preparation

These consolidated financial statements have been prepared in accordance with international accounting standards in conformity with the requirements of IFRS. They were authorized for issue by the Company’s Board of Directors on February 23, 2024.

Details of the Group’s accounting policies are included in Note 3.

In preparing these financial statements, management has made judgments, estimates and assumptions that affect the application of the Group’s accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these

estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognized prospectively. The areas where judgments and estimates have been made in preparing the financial statements and their effect are disclosed in Note 2.7.

2.2.

Basis of consolidation

The consolidated financial statements comprise the financial statements of the Company and its subsidiaries after the elimination of intercompany accounts and transactions. Entities in which we hold less than a majority voting interest but over which we have the ability to exercise significant influence are accounted for using the equity method.

Subsidiaries

Subsidiaries are entities controlled by the Group. The Group controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. The financial statements of subsidiaries are included in the consolidated financial statements from the date on which control commences until the date on which control ceases. A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction. When necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies in line with the Group’s accounting policies.

Interests in equity-accounted investees

An affiliate is an entity in which the Group has significant influence, but not control or joint control, over the financial and operating policies.

Interests in affiliates are accounted for using the equity method. They are initially recognized at cost, which includes transaction costs. Subsequent to initial recognition, the consolidated financial statements include the Group’s share of the profit or loss and other comprehensive income of equity-accounted investees, until the date on which significant influence ceases.

Where the Group’s share of losses in an equity-accounted investment equals or exceeds its interest in the entity, the group does not recognize further losses, unless it has incurred obligations or made payments on behalf of the other entity.

The Group’s interests in equity-accounted investees comprised an interest in an affiliate which was disposed of during the year ended September 30, 2023. See Note 13 for further details.

Transactions eliminated on consolidation

Intra-group balances and transactions, and any unrealized income and expenses (except for foreign currency transaction gains or losses) arising from intra-group transactions, are eliminated. Unrealized gains arising from transactions with equity-accounted investees are eliminated against the investment to the extent of the Group’s interest in the investee. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment.

2.3.

Basis of measurement

The financial statements have been prepared on the historical cost basis, except for financial assets, financial liabilities and share-based payments that have been measured at fair value.

2.4.

New and amended standards and interpretations

The Group has not early adopted any standard, interpretation or amendment that has been issued but is not yet effective. Several amendments apply for the first time in the financial year ended 30 September, 2023, but do not have an impact on the consolidated financial statements of the Group.

•

Amendments to IFRS 3 - Reference to the Conceptual Framework (effective for annual periods beginning on or after January 1, 2022).

•

Amendments to IAS 12 - International Tax Reform - Pillar 2 Model Rules (effective for annual periods beginning on or after January 1, 2023, however a temporary exemption from accounting for deferred taxes arising from the implementation of the OECD’s Pillar Two model rules is to be applied retroactively).

•

Amendments to IAS 16 - Property, Plant and Equipment: Proceeds before Intended Use (effective for annual periods beginning on or after January 1, 2022).

•

Amendments to IAS 37 - Onerous Contracts - Costs of Fulfilling a Contract (effective for annual periods beginning on or after January 1, 2022).

•

Annual Improvements: IFRS 1 First-time Adoption of International Financial Reporting Standards - Subsidiary as a first time adopter (effective for annual periods beginning on or after January 1, 2022).

•

Annual Improvements: IFRS 9 Financial Instruments - Fees in the "10 per cent" test for derecognition of financial liabilities (effective for annual periods beginning on or after January 1, 2022).

•

Annual Improvements: IAS 41 Agriculture - Taxation in fair value measurements (effective for annual periods beginning on or after January 1, 2022).

2.5.

Standards issued but not yet effective

The new and amended standards and interpretations that are issued, but not yet effective, up to the date of the issuance of the Group’s financial statements are listed below. The Group intends to adopt these new and amended standards, if applicable, when they become effective. The new standards and amendments are not expected to have a material impact on the Group:

•

IFRS 17 - Insurance Contracts (effective for annual periods beginning on or after January 1, 2023).

•

Amendments to IFRS 17 – Insurance Contracts (effective for annual periods beginning on or after January 1, 2023).

•

IFRS 17 and IFRS 9 – Initial application of IFRS 17 and IFRS 9 – Comparative Information (effective for annual periods beginning on or after January 1, 2023).

•

Amendments to IAS 8 – Definition of Accounting Estimates (effective for annual periods beginning on or after January 1, 2023).

•

Amendments to IAS 1 and IFRS Practice Statement 2 - Disclosure of Accounting Policies (effective for annual periods beginning on or after January 1, 2023). • Amendments to IAS 12 – Deferred Tax related to Assets and Liabilities arising from a Single Transaction (effective for annual periods beginning on or after January 1, 2023).

•

Amendments to IAS 12 – International Tax Reform - Pillar 2 Model Rules (effective for annual periods beginning on or after January 1, 2023, with respect to the required disclosures).

•

Amendments to IAS 1 – Non-current liabilities with Covenants (effective for annual periods beginning on or after January 1, 2024).

•

Amendments to IAS 1 – Classification of Liabilities as current or non-current (effective for annual periods beginning on or after January 1, 2024).

•

Amendments to IFRS 16 – Lease liability in a sale and lease back (effective for annual periods beginning on or after January 1, 2024).

•

Amendments to IAS 7 and IFRS 7 – Supplier Finance Arrangements (effective for annual periods beginning on or after January 1, 2024).

•

Amendments to IAS 21 – Lack of Exchangeability (effective for annual periods beginning on or after January 1, 2025).

•

Amendments to IFRS 10 and IAS 28 – Sale or contribution of assets between an investor and its associate or joint venture (available for optional adoption/ effective date deferred indefinitely).

2.6.

Presentational currency

These financial statements are presented in United States Dollars. All amounts have been presented to the nearest dollar, unless otherwise indicated.

2.7.

Use of estimates and judgments

In preparing these consolidated financial statements, management has made critical estimates and judgments that affect the application of the Group’s accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognized prospectively. Relevant information is included in the following notes:

Note 12 Intangible assets—establishing the fair value of acquired intangible assets on an ongoing basis;

Note 18 Leases—Whether an arrangement contains a lease; reasonably certain to exercise extension or termination options; determining the incremental borrowing rate;

Note 20 Share-based payments—Key valuation assumptions; and

Note 21 Financial instruments—Determining the fair value of financial instruments on the basis of significant unobservable inputs.

2.8.

Going concern

The financial statements have been prepared on a going concern basis.

The Company had an accumulated deficit at September 30, 2023, a net loss and net cash used in operating activities for the reporting period then ended. As of that date, we had cash and cash equivalents of $0.8 million while our trade and other payables amounted to $ 19.9 million as we had agreed with certain key suppliers, most notably a number of professional services firms which had provided services related to the Business Combination, to delay the settlement of payment obligations. The Company is attempting to commence operations and generate revenue; however, the Company’s cash position may not be sufficient to support the Company’s daily operations until that point. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company has access to up to $10.0 million of liquidity through the Standby Equity Purchase Agreement with an affiliate of Yorkville Advisors Global, LP (see Note 24) which management believes will provide sufficient liquidity to enable production of the i300 to commence and its commercial launch in Europe in summer 2024.

We intend to seek further extensions to our obligations to our suppliers and to raise approximately $5.0 million of additional funds by way of a private or public offering of securities.

The Company raised $0.6 million in February 2024 through the issuance of additional shares (see Note 24) and expects to raise further funds through at the market offerings in the coming months.

We believe that these funds, taken together, are sufficient to provide the Company with the liquidity required to commence production and launch commercially. We will have access to the EXIM facility (see Note 17) once we commence production, which management believes will provide sufficient liquidity to enable the Company to expand its operations in future years.

Management’s plans to alleviate the conditions that raise substantial doubt regarding the Company’s ability to continue as a going concern cannot be guaranteed or are not entirely within the Company’s control and therefore cannot be considered probable. While we believe in the viability of our strategy to commence operations and raise additional funds, if these actions are not successful we will not have sufficient liquidity to continue to fund our operations by the middle of 2024.

The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Leases (Tables)

12 Months Ended

Sep. 30, 2023

Leases [abstract]

Schedule of Carrying Amounts and Movement in Right-of-use Assets

The carrying amounts and movement in the right-of-use assets are set out below:


(in USD)	Leasehold property			Furniture, fixtures and office equipment			Vehicles			Total
Cost
At October 1, 2021		27,407			—			26,266			53,673
Additions		339,539			10,271			—			349,810
Effect of movements in exchange rates		(36,657	)		(760	)		(4,161	)		(41,578	)
At September 30, 2022		330,289			9,511			22,105			361,905
Additions		467,465			—			92,933			560,398
Adjustments for early termination		(403,080	)		—			—			(403,080	)
Effect of movements in exchange rates		25,316			171			(3,635	)		21,852
At September 30, 2023		419,990			9,682			111,403			541,075
Accumulated depreciation and impairment losses
At October 1, 2021		2,284			—			6,566			8,850
Depreciation for the year		27,741			285			6,039			34,065
Effect of movements in exchange rates		(2,660	)		(21	)		(1,553	)		(4,234	)
At September 30, 2022		27,365			264			11,052			38,681
Depreciation for the year		97,756			1,682			20,336			119,774
Impairment for the year		25,588			—			—			25,588
Effect of movements in exchange rates		(2,014	)		(64	)		53			(2,025	)
At September 30, 2023		148,695			1,882			31,441			182,018
Carrying amounts
At October 1, 2021		25,123			—			19,700			44,823
At September 30, 2022		302,924			9,247			11,053			323,224
At September 30, 2023		271,295			7,800			79,962			359,057

Schedule of Carrying Amount and Movement In Lease Liabilities

The carrying amount and movement in the lease liabilities are set out below:


(in USD)	September 30, 2023
At October 1, 2021		45,560
Additions		349,810
Interest		9,719
Payments		(33,883	)
Effect of movements in exchange rates		(38,390	)
At September 30, 2022		332,816
Additions		560,398
Interest		39,402
Payments		(109,974	)
Movement in lease payment accrual		—
Adjustments for early termination		(414,389	)
Effect of movements in exchange rates		(11,519	)
At September 30, 2023		396,734

Schedule of Amounts Recognized in Statement of Profit or Loss in Lease Agreements

The following are the amounts recognized in the statement of profit or loss in respect of lease agreements:


	For the Year Ended September 30,
(in USD)	2023		2022
Depreciation expense on right-of-use assets		119,775		34,065
Interest on lease liabilities		39,402		9,719
		159,177		43,784

Financial Instruments

12 Months Ended

Sep. 30, 2023

Disclosure of detailed information about financial instruments [abstract]

Financial Instruments

21. Financial instruments

21.1 Financial assets

Financial assets, other than cash and short-term deposits, comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Financial assets at amortized cost
Loans receivable from related parties		—		21,021
Lease deposits		36,878		20,415
		36,878		41,436
Financial assets at fair value through profit or loss
Forward purchase agreement		2,660,568		—
		2,660,568		—
Total financial assets		2,697,446		41,436

Current		17,606		21,466
Non-current		2,679,840		19,970

On January 23, 2024, Seller ACM ARRT I LLC and the Company terminated their respective Forward Purchase Agreement by mutual agreement. Neither party shall have any further obligation to the other.

See Note 24 for further details.

21.2 Financial liabilities

Financial liabilities comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Financial liabilities at amortized cost
Accounts payable and accrued liabilities		19,754,628		795,762
Loans and borrowings		4,736,583		47,360
Lease liabilities		396,734		332,816
		24,887,945		1,175,938
Financial liabilities at fair value through profit or loss
Warrants		603,028		323,864
		603,028		323,864
Total financial liabilities		25,490,973		1,499,802

Current		24,568,306		1,464,931
Non-current		922,666		34,871

The following is a summary of the interest bearing loans and borrowings of the Group as at September 30, 2023 and September 30, 2022:


	Interest rate	Maturity	September 30, 2023		September 30, 2022
Current
Bank loans	2.50%	Within one year		14,527		12,489
Promissory notes	0.00% to 15.00%	Within one year		3,699,191		—
				3,713,718		12,489
Non-current
Bank loans	2.50%	2026		22,866		34,871
Promissory notes	15.00%	2025		1,000,000		—
				1,022,866		34,871

As at September 30, 2023, there were 26,437,500 warrants outstanding which do not meet the criteria for equity accounting and are accounted for as a financial liability with movements in fair value being reported within other expenses. For the year ended September 30, 2023, total gains on revaluation of $2,039,723 were recorded in relation to the warrants. See Notes 7 and 17.

21.3 Fair value

The fair value of the Forward Purchase Agreements was measured using a Monte Carlo simulation model. The table below presents the key inputs used in the model. Share price was measured using Level 1 inputs. Expected volatility was measured using Level 2 inputs.


	April 26, 2023			September 30, 2023

Valuation method	Monte Carlo			Monte Carlo
Number of shares		6,567,814			3,741,424
Opening share price	$8.75			$0.75
Expected volatility		70.0	%		70.0	%
Dividend yield		0.0	%		0.0	%
Risk free interest rate		3.8	%		4.9	%
Fair value per share	$7.50			$0.71

Management assessed that the fair value of other receivables and trade and other payables approximated their carrying value due to the short-term maturities of those instruments.

The fair value of other receivables and trade and other payables has been measured using Level 3 valuation inputs.

The fair value of public warrants was measured using Level 1 inputs and the fair value of private placement warrants was measured using Level 3 inputs.

21.4 Interest rate risk management

Interest rate risk is the risk that changes in interest rates will affect the income and financial management of the Group. The Group is not exposed to interest rate risk as none of its loans and borrowings have a variable interest rate.

21.5 Foreign currency risk management

Foreign currency risk is the risk that arises when individual Group entities enter into transactions denominated in a currency other than their functional currency. The Group does not currently hedge against currency risk through the use of financial instruments such as foreign currency swaps.

The Group is predominantly exposed to currency risk on unpaid liabilities related to the Business Combination incurred by Zapp UK which are denominated in USD, while the functional currency of Zapp UK is GBP.


(in USD)	Effect on profit before tax			Effect on equity
5% strengthening of GBP against USD		363,722			306,328
5% weakening of GBP against USD		(402,009	)		(338,573	)

5% strengthening of EUR against USD		22,166			58,143
5% weakening of EUR against USD		(20,055	)		(59,883	)

5% strengthening of THB against USD		29,057			(51,168	)
5% weakening of THB against USD		(26,290	)		62,290

21.6 Credit risk management

Credit risk is the risk of financial loss to the Group if a customer or bank ("counterparty") fail to meets its contractual obligations resulting in a financial loss to the Group. Since the Group has yet to commence sales, it's maximum exposure to credit risk at the year end was equal to the carrying amount of cash and cash equivalents on the statement of financial position.

Credit risk from balances with banks and financial institutions is managed by only holding cash and cash equivalent with reputable banks that are perceived to have a low risk of failure.

21.7 Liquidity risk management

Liquidity risk refers to the ability of the Group to meet the obligations associated with its financial liabilities that are settled as they fall due.

The table below summarizes the maturity profile of the Group's financial liabilities based upon contractual, undiscounted payments:


(in USD)	Less than one year		1 to 5 years		Over 5 years		Total
Bank loans		14,527		24,198		—		38,725
Promissory notes		3,907,838		1,175,000		—		5,082,838
Lease liabilities		84,785		256,005		109,791		450,580
Accounts payable and accrued liabilities		19,754,628		—		—		19,754,628
		23,761,778		1,455,203		109,791		25,326,771

Accounting Policies

12 Months Ended

Sep. 30, 2023

Accounting Policy [Abstract]

Accounting Policies

3. Accounting policies

3.1.

Revenue

The Group is in a pre-revenue stage and therefore has not yet commenced sales. Below is the policy the Group will implement once it begins to generate sales.

The Group will evaluate revenue from contracts with customers based on the five-step model under IFRS 15: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the separate performance obligations; and (5) recognize revenues when (or as) each performance obligation is satisfied.

Revenue will be measured based on the consideration the Group expects to be entitled to in a contract with a customer and will exclude amounts collected on behalf of third parties. The Group will recognize revenue when it transfers control over a product or service to a customer.

Sale of electric vehicles

The Group plans to sell new electric vehicles directly to its customers, through its online platform. The prices of vehicles will be set forth in the customer contracts at stand-alone selling prices which will be agreed prior to delivery. The Group will satisfy its performance obligations for vehicle sales upon delivery, at which time the transfer of title, risks, and rewards of ownership and control will pass to the customer. The Group will recognize revenue at the agreed-upon purchase price stated in the contract less an estimate for returns. Prior to the delivery of each vehicle, payment will be received or financing will be arranged. Revenue will be recognized net of sales tax.

Deferred revenue relates to undelivered vehicle orders. Deferred revenue is recognized at the point when cash is received for the order and is derecognized into revenue upon delivery of the vehicle to the customer.

3.2.

Cost of sales

The Group is in a pre-revenue stage and therefore has not yet incurred cost of sales. Below is the policy the Group will implement upon commencement of sales.

Cost of sales will primarily relate to vehicle manufacturing costs, as well as any necessary adjustment to reflect inventory at the lower of cost and net realizable value. Cost of sales will also include the depreciation of moulds used in vehicle manufacture.

3.3.

Leasing

Group acting as a lessee

The Group assesses at contract inception whether a contract is, or contains, a lease. That is, if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration.

The Group applies a single recognition and measurement approach for all leases, except for short-term leases and leases of low-value assets. The Group classifies assets with value less than $5,000 as low-value. The Group recognizes lease liabilities to make lease payments and right-of-use assets representing the right to use the underlying assets.

Right-of-use assets

The Group recognizes right-of-use assets at the commencement date of the lease (i.e. the date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities recognized, initial direct costs incurred, and lease payments made at or before the commencement date less any lease incentives received. Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the assets, as follows:


Leasehold property		3 - 10 years
Furniture, fixtures and office equipment		6 years
Vehicles		4 - 5 years

The estimated useful life of certain leasehold property has decreased in the year ended September 30, 2023 as a result of lease modifications during the year.

Depreciation of other right-of-use assets is recognized within operating expenses in the statement of profit or loss.

Lease liabilities

At the commencement date of the lease, the Group recognizes lease liabilities measured at the present value of lease payments to be made over the lease term. The lease payments include fixed payments (including in-substance fixed payments) less any lease incentives receivable, variable lease payments that depend on an index or a rate, and amounts expected to be paid under residual value guarantees. Variable lease payments that do not depend on an index or a rate are recognized as expenses in the period in which the event or condition that triggers the payment occurs.

Interest on lease liabilities is recognized within finance expense in the statement of profit or loss.

3.4.

Employee benefits

Short-term and long-term employee benefits

A liability is recognized for benefits accruing to employees in respect of wages and salaries, annual leave and sick leave in the period the related service is rendered at the undiscounted amount of the benefits expected to be paid in exchange for that service.

Defined contribution schemes

Contributions to defined contribution pension schemes are charged to the statement of comprehensive income in the period to which they relate.

Severance liabilities

In certain countries in which the Group operates, employment law entitles employees to severance pay in certain situations. The entitlement to severance pay varies according to an individual employee’s tenure with the Group. The Group accounts for these severance liabilities based on an actuarial valuation using the Projected Unit Credit Method. There are no separate plan assets held in respect to these liabilities.

Severance liabilities are recognized in the Group’s consolidated statement of financial position under non-current liabilities. The related expenses, if incurred during the period, are recognized in the Group’s consolidated statement of profit or loss. Prior service cost is initially recognized to other comprehensive income (loss) at the date of plan amendment. Such prior service cost is amortized as expenses as a component of net periodic pension cost using the weighted average remaining years of service to full eligibility date for active employees.

3.5.

Share-based payments

Equity-settled share-based payments to employees are measured at the fair value of the equity instruments at the grant date.

The fair value determined at the grant date of the equity-settled share-based payments is expensed on a straight-line basis over the vesting period, based on the Group’s estimate of equity instruments that will eventually vest, with a corresponding increase in equity. At the end of each reporting period, the Group revises its estimate of the number of equity instruments expected to vest. The impact of the revision of the original estimates, if any, is recognized in the statement of profit or loss such that the cumulative expense reflects the revised estimate, with a corresponding adjustment to the retained earnings.

Service and non-market performance conditions are not taken into account when determining the grant date fair value of awards, but the likelihood of the conditions being met is assessed as part of the Group’s best estimate of the number of equity instruments that will ultimately vest. Market performance conditions are reflected within the grant date fair value.

3.6.

Taxation

The income tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

Current tax comprises the expected tax payable or receivable on the taxable income or loss for the year and any adjustment to the tax payable or receivable in respect of previous years. The amount of current tax payable or receivable is the best estimate of the tax amount expected to be paid or received that reflects uncertainty related to income taxes, if any. It is measured using tax rates enacted or substantively enacted at the reporting date.

Current income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current tax liabilities and when deferred income tax assets and liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities where there is an intention to settle balances on a net basis.

Deferred tax

Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes, except for differences arising on:

•

the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit or loss; and

•

investments in subsidiaries and associates to the extent that the Group is able to control the timing of the reversal of the temporary differences and it is probable that they will not reverse in the foreseeable future.

Deferred tax assets are recognized for unused tax losses, unused tax credits and deductible temporary differences to the extent that it is probable that future taxable profits will be available against which they can be used. Future taxable profits are determined based on the reversal of relevant taxable temporary differences. If the amount of taxable temporary differences is insufficient to recognize a deferred tax asset in full, then future taxable profits, adjusted for reversals of existing temporary differences, are considered, based on the business plans for individual subsidiaries in the Group. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realized; such reductions are reversed when the probability of future taxable profits improves.

The measurement of deferred tax reflects the tax consequences that would follow from the manner in which the Group expects, at the reporting date, to recover or settle the carrying amount of its assets and liabilities.

Deferred income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current tax liabilities and when deferred income tax assets and liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities where there is an intention to settle balances on a net basis.

Current and deferred tax

Current and deferred tax are recognized in the statement of profit or loss, except when they relate to items that are recognized in other comprehensive income or directly in equity, in which case, the current and deferred tax are also recognized in other comprehensive income or directly in equity respectively. Where current tax or deferred tax arises from the initial accounting for a business combination, the tax effect is included in the accounting for the business combination.

3.7.

Cash and cash equivalents

Cash and cash equivalents in the statement of financial position comprises cash at banks and short-term highly liquid deposits with a maturity of three months or less, that are readily convertible to a known amount of cash and subject to insignificant risk of change in value.

3.8.

Property, plant and equipment

Items of property, plant and equipment are measured at cost, which includes capitalized borrowing costs, less accumulated depreciation and any accumulated impairment losses.

If significant parts of an item of property, plant and equipment have different useful lives, then they are accounted for as separate items (major components) of property, plant and equipment. Any gain or loss on disposal of an item of property, plant and equipment is recognized in profit or loss.

Depreciation is calculated to write off the cost of items of property, plant and equipment less their estimated residual values using the straight-line method over their estimated useful lives, and is generally recognized in profit or loss. Depreciation is recognized from the date the property, plant and equipment are installed and are ready for use, or in respect of internally constructed assets, from the date that the asset is completed and ready for use.

Property, plant and equipment is depreciated over the estimated useful life of the assets as follows:


Leasehold and leasehold improvements		3 - 10 years
Furniture, fixtures and office equipment		3 - 10 years
Plant equipment		5 years
Vehicles		3 - 5 years

Depreciation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.

3.9.

Intangible assets

Intangible assets with finite useful lives that are acquired separately are carried at cost less accumulated amortization and accumulated impairment losses. Amortization is recognized on a straight-line basis over their estimated useful lives. Amortization is recognized within operating expenses in the statement of profit or loss. The estimated useful life and amortization method are reviewed at the end of each reporting period, with the effect of any changes in estimate being accounted for on a prospective basis.


Development costs		10 years
Patents and trademarks		10 years
Software		5 - 10 years

Internally-generated intangible assets

Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in profit or loss as incurred.

Development activities involve a plan or design for the production of new or substantially improved products and processes. Development expenditure is capitalized only if the expenditure can be measured reliably, the product or process is technically and commercially feasible, future economic benefits are probable and the Group intends to and has sufficient resources to complete development and to use or sell the asset. Otherwise, it is recognized in profit or loss as incurred.

The amount initially recognized for internally-generated intangible assets is the sum of the expenditure incurred from the date when the intangible asset first meets the recognition criteria listed above. Expenditure includes both employees of the Group and external contractors contributing to the development projects. Where no internally-generated intangible asset can be recognized, development expenditure is recognized in the statement of profit or loss in the period in which it is incurred.

Subsequent to initial recognition, development expenditure is measured at cost less accumulated amortization and any accumulated impairment losses.

3.10.

Impairment of tangible and intangible assets

At the end of each reporting period, the Group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). When it is not possible to estimate the recoverable amount of an individual asset, the Group estimates the recoverable amount of the cash-generating unit to which the asset belongs. When a reasonable and consistent basis of allocation can be identified, corporate assets are also allocated to individual cash-generating units, or otherwise they are allocated to the smallest group of cash-generating units for which a reasonable and consistent allocation basis can be identified.

Intangible assets not yet available for use are tested for impairment at least annually, and whenever there is an indication that the asset may be impaired.

Recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognized immediately in the statement of profit or loss.

When an impairment loss subsequently reverses, the carrying amount of the asset (or a cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognized immediately in the statement of profit or loss.

3.11.

Inventory

Inventory consists of vehicles not yet delivered to customers and raw materials to be used in product development.

Inventory is stated at the lower of cost and net realizable value. The cost of inventories is based on the first-in, first-out allocation method. In the case of manufactured inventories, cost comprises direct materials, direct labor and an appropriate proportion of variable and fixed overhead expenditure, the latter being allocated on the basis of normal operating capacity. Costs of purchased inventory are determined after deducting rebates and discounts. Net realizable value is the estimated selling price in the ordinary course of business less the estimated costs to complete and to make the sale.

3.12.

Provisions

A provision is recognized if, as a result of a past event, the Group has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognized as a finance cost.

Provision for dismantlement, removal and restoration are recognized when the Group has a present legal or constructive obligation as a result of past events, it is more likely than not that an outflow of resources will be required to settle the obligation and the amounts have been reliably estimated. The Group recognizes the estimated costs of dismantlement, removal or restoration of items of property, plant and equipment arising from the acquisition or use of assets. This provision is estimated based on the best estimate of the expenditure required to settle the obligation, taking into consideration time value.

Changes in the estimated timing or amount of the expenditure or discount rate for asset dismantlement, removal and restoration costs are adjusted against the cost of the related property, plant and equipment, unless the decrease in the liability exceeds the carrying amount of the assets or the asset has reached the end of its useful life. In such cases, the excess of the decrease over the carrying amount of the asset or the changes in the liability is recognized in profit or loss immediately.

3.13.

Convertible loan notes

Convertible loan notes are accounted for as a hybrid financial instrument comprising: (i) a liability for the principal and interest amount, and (ii) a single compound embedded derivative instrument for the conversion options and premium feature.

The host contract is classified as a financial liability because there is an obligation to make fixed interest payments on a quarterly basis and there is an obligation to deliver cash to the holder on redemption of the Convertible Notes at the maturity date.

When the holders' conversion option meets “fixed-for-fixed” criterion it is classified as equity. When this criterion is not met, the holders' conversion option is classified as a derivative financial liability and revalued to its fair value at each reporting date.

3.14.

Financial instruments

Financial assets

On initial recognition, a financial asset is classified as measured at amortized cost for trade and other receivables. A financial asset is measured at amortized cost if it meets both of the following conditions and is not designated as at fair value through profit or loss (“FVTPL”):

•

it is held within a business model whose objective is to hold assets to collect contractual cash flows; and

•

its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

These financial assets are subsequently measured at amortized cost using the effective interest method. The amortized cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognized in profit or loss.

Financial liabilities

Financial liabilities are classified as measured at amortized cost or FVTPL. A financial liability is classified as at FVTPL if it is classified as held-for-trading, it is a derivative or it is designated as such on initial recognition. Financial liabilities at FVTPL are measured at fair value and net gains and losses, including any interest expense, are recognized in profit or loss. Other financial liabilities are subsequently measured at amortized cost using the effective interest method. Interest expenses and foreign exchange gains and losses are recognized in profit or loss. Any gain or loss on derecognition is also recognized in profit or loss.

Measurement of fair values - valuation techniques and significant unobservable inputs

For the valuation techniques used in measuring Level 3 fair values for financial instruments in the statement of financial position, as well as the significant unobservable inputs used, see Note 21.

3.15.

Equity reserves

The share option reserve represents the cumulative amounts charged to profit in respect of employee share option arrangements where the scheme has not yet been settled by means of an award of shares to an individual.

The merger reserve represents equity shares issued in consideration for the shares of another company, where, as part of the arrangement, at least 90% of the company was acquired. The merger reserve is recognized instead of share premium on the issue of the shares.

The foreign currency translation reserve represents the difference between the translated values of assets and liabilities at the closing rate and the historical rate.

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)	Total	Share Capital	Share Premium	Accumulated Deficit	Share Option Reserve	Equity Accounted Warrants	Merger Reserve	Foreign Currency Translation Reserve
Beginning balance at Sep. 30, 2021	$ (223,751)	$ 841	$ 2,797,342	$ (3,966,750)	$ 938,009			$ 6,807
Comprehensive loss for the year
Loss for the year	(3,577,590)			(3,577,590)
Other comprehensive loss	(245,632)							(245,632)
Contributions by and distributions to owners
Shares issued for cash	5,155,544	72	5,155,472
Conversion from convertible loan note	919,970	26	919,944
Shares issued to employee	121,535	1	121,534
Share based payments	362,364				362,364
Ending balance at Sep. 30, 2022	2,512,440	940	8,994,292	(7,544,340)	1,300,373			(238,825)
Comprehensive loss for the year
Loss for the year	(222,097,491)			(222,097,491)
Other comprehensive loss	(24,402)							(24,402)
Contributions by and distributions to owners
Conversion from convertible loan note	6,296,437	190	6,296,247
Loss on disposal of affiliate	(4,441)			(4,441)
Recapitalization at the Business Combination	116,921,320	4,417	103,732,715			$ 345,218	$ 12,838,970
Shares issued under FPA agreement	1,943,046	243	1,942,803
Share based payments	76,015,474				76,015,474
Ending balance at Sep. 30, 2023	$ (18,437,617)	$ 5,790	$ 120,966,057	$ (229,646,272)	$ 77,315,847	$ 345,218	$ 12,838,970	$ (263,227)

Trade and Other Payables - Summary of Trade and Other Payables (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Trade and other payables [abstract]
Accounts payable and accrued liabilities	$ 19,754,628	$ 847,121
Other taxation and social security payable	114,590	10,892
Deferred income	15,299	23,111
Other payables		24,008
Total trade and other payables	$ 19,884,517	$ 905,132

Subsequent Events - Additional Information (Details) ฿ in Millions						1 Months Ended
	Feb. 20, 2024 USD ($) shares	Feb. 10, 2024 USD ($)	Jan. 12, 2024 THB (฿)	Aug. 02, 2023 THB (฿)	Apr. 14, 2023 USD ($)	Feb. 29, 2024 USD ($)	Jan. 12, 2024 USD ($)	Jan. 10, 2024 shares	Sep. 30, 2023 USD ($) shares	Aug. 02, 2023 USD ($)	Apr. 26, 2023 shares	Sep. 30, 2022 USD ($)
Disclosure of non-adjusting events after reporting period [line items]
Shares issued \| shares									3,741,424		6,567,814
Borrowings									$ 4,736,583			$ 47,361
Promissory Notes
Disclosure of non-adjusting events after reporting period [line items]
Borrowings				฿ 20.0	$ 1,000,000				$ 548,222	$ 570,000
Repayment period				2024-08	2025-04
Interest rate				9.00%	15.00%					9.00%
Events After Reporting Period \| Zapp Scooters Thailand Company Limited \| Promissory Notes
Disclosure of non-adjusting events after reporting period [line items]
Borrowings			฿ 10.0				$ 287,000
Repayment period			2026-01
Interest rate			15.00%				15.00%
Events After Reporting Period \| Ordinary Shares
Disclosure of non-adjusting events after reporting period [line items]
Shares issued \| shares	1,900,000
Proceeds from issuance of ordinary shares	$ 550,000
Events After Reporting Period \| Ordinary Shares \| Yorkville Advisors Global LP
Disclosure of non-adjusting events after reporting period [line items]
Proceeds from issuance of ordinary shares						$ 600,000
Events After Reporting Period \| Ordinary Shares \| Yorkville Advisors Global LP \| Top of Range
Disclosure of non-adjusting events after reporting period [line items]
Proceeds from issuance of ordinary shares		$ 10,000,000
Events After Reporting Period \| Ordinary Shares \| Swin Chatsuwan
Disclosure of non-adjusting events after reporting period [line items]
Shares issued \| shares								1,995,857

Contingencies

12 Months Ended

Sep. 30, 2023

Disclosure of contingent liabilities [abstract]

Contingencies

23. Contingencies

Litigation

We are from time to time party to legal proceedings, arbitrations and regulatory proceedings arising in the normal course of our business operations, including the proceeding described below. We evaluate developments in such matters and provide accruals for such matters, as appropriate. In making such decisions, we consider the degree of probability of an unfavorable outcome and our ability to make a reasonable estimate of the amount of a loss. An unfavorable outcome in any such proceedings, if material, could have an adverse effect on our business or consolidated financial statements.

Zapp UK is currently party to a civil action captioned SPAC Advisory Partners LLC v. Zapp Electric Vehicles Limited, No. 655171/2023, filed on October 19, 2023 in the Supreme Court of New York County, New York. Plaintiff’s Complaint in the action asserts claims for breach of contract, account stated and supplemental claims arising from the defendant’s alleged non-payment of $3,630,000 in fees allegedly due to plaintiff for advisory services in relation to the Business Combination. Defendant’s answer or other response to the Complaint is currently due on March 1, 2024. We believe that Zapp UK has meritorious defenses to the claims asserted in the case and intend to defend the matter vigorously.

Expenses by Nature

12 Months Ended

Sep. 30, 2023

Analysis of income and expense [abstract]

Expenses by Nature

4. Expenses by nature

Total selling and distribution expenses, and general and administrative expenses for the years ended September 30, 2023 and 2022 included expenses of the following nature:


	For the Year Ended September 30,
(in USD)	2023		2022
Production expenses		402,089		65,538
Depreciation, amortization and impairments		464,370		249,087
Employee expenses		3,624,021		1,081,353
Marketing expenses		941,845		382,716
Professional fees		1,550,864		1,305,435
Other expenses		814,863		526,000
Total		7,798,052		3,610,129

Taxation - Summary of Reconciliation of Effective Tax Rate (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Reconciliation of average effective tax rate and applicable tax rate [abstract]
Loss before tax	$ (222,097,491)	$ (3,577,590)
Income tax at the domestic rate of 22.00% (2022: 20.31%)	(45,970,977)	(726,609)
Impact of difference in overseas tax rates	40,961,202
Non-deductible expenses	2,685	98,838
Current year losses for which no deferred tax asset is recognized	5,026,928	643,122
Others	$ (19,838)	$ (15,351)

Earnings Per Share

12 Months Ended

Sep. 30, 2023

Earnings per share [abstract]

Earnings Per Share

10. Earnings per share

The following table sets forth the computation of basic and diluted loss per share for the years ended September 30, 2023 and September 30, 2022:


	For the Year Ended September 30,
(in USD)	2023			2022
Loss for the year		(222,097,491	)		(3,577,590	)
Basic weighted average number of ordinary shares		47,765,200			39,348,147
Basic and diluted loss per ordinary share		(4.65	)		(0.09	)

The weighted average number of shares outstanding has been calculated by applying the exchange ratio set out in the Company Exchange to the weighted average number of Zapp UK shares outstanding during the period prior to the Business Combination.

As the Group incurred net losses for the years ended September 30, 2023 and September 30, 2022, basic loss per share was the same as diluted loss per share in each year.

The following weighted-average effects of potentially dilutive outstanding ordinary share awards, including share options, warrants, management earnout shares and sponsor earnout shares, were excluded from the computation of diluted loss per share because their effects would have been anti-dilutive for the years ended September 30, 2023 and September 30, 2022:


	For the Year Ended September 30,
	2023		2022
Share options		4,296,795		3,957,499
Warrants		33,009,937		3,421,469
Management earnout shares		8,518,290		—
SAP earnout shares		683,720		—
Sponsor earnout shares		754,687		—
Total		47,263,429		7,378,968

Share-based Payments - Schedule of Key Terms in Relation to Informal Share Option Arrangements (Details) - Informal Share Option Arrangements - $ / shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average exercise price, Beginning balance	$ 0.06	$ 0.06
Weighted average exercise price, Granted	0.64	0.45
Weighted average exercise price, Cancelled and forfeited	1.15	0.45
Weighted average exercise price, Ending balance	$ 0.27	$ 0.06
Weighted average remaining contractual life, Balance	6 years 6 months 29 days

Subsequent Events

12 Months Ended

Sep. 30, 2023

Disclosure of non-adjusting events after reporting period [abstract]

Subsequent Events

24. Subsequent events

On January 10, 2024, the Company issued 1,995,857 Ordinary Shares to Swin Chatsuwan following the exercise of share options.

On January 12, 2024, Zapp Scooters (Thailand) Company Limited issued a promissory note with a value of THB 10.0 million (approximately $287,000 at that date) to Maj. Gen. Patchara Rattakul, one of the Company's directors. This amount is repayable in January 2026 and bears interest at a rate of 15.0% per annum, which is payable upon maturity.

As described in Note 21, on April 26, 2023, the Company and CIIG II entered into the Forward Purchase Agreements, one of which was terminated by Seller CFPA Holdings LLC-Zapp RS on August 23, 2023. On January 23, 2024, Seller ACM ARRT I LLC and Counterparty Zapp EV terminated their respective Forward Purchase Agreement by mutual agreement. Neither party shall have any further obligation to the other. Accordingly, as previously disclosed in the Company’s report on Form 6-K dated January 24, 2024, the Forward Purchase Agreements are both now terminated.

On February 10, 2024, the Company signed a Standby Equity Purchase Agreement (“SEPA”) with Yorkville Advisors Global, LP. Under the terms of the agreement the Company may access up to $10 million through the issuance of Ordinary Shares of the Company to Yorkville Advisors Global, LP.

Between February 16, 2024 and February 20, 2024, the Company raised $550,000 through at the market equity offerings, which will be settled through the issuance of approximately 1.9 million shares.

Investments in Associates - Additional Information (Details) - Zapp Scooters Thailand Company Limited - USD ($)	Mar. 30, 2023	Mar. 28, 2023
Disclosure of associates [line items]
Proportion of voting rights held in subsidiary		49.00%
Proportion of ownership interest sold in subsidiary	49.00%
Capitalized development costs acquired at book value on transaction date		$ 18,186
Carrying value of the acknowledged debt		22,652
Loss on disposal of associate		$ (4,166)

Other (Expenses)/Income (Tables)

12 Months Ended

Sep. 30, 2023

Analysis of income and expense [abstract]

Schedule of Other (Expenses)/Income

Other (expenses)/income comprised the following for the years ended September 30, 2023 and 2022:


	For the Year Ended September 30,
(in USD)	2023			2022
Fair value movements		(46,477,209	)		(62,687	)
Foreign exchange movements		14,868			394,072
Expenses relating to the Business Combination (see Note 6)		(167,316,087	)		—
Gain on early termination of leases		11,309			—
Profit on disposal of shares in associates		1,423			—
Sundry income		17,970			3,944
		(213,747,726	)		335,329

Inventories - Additional Information (Details)	12 Months Ended
Inventories - Additional Information (Details)	Sep. 30, 2023 USD ($)
Classes of current inventories [abstract]
provision for obselete inventory	$ 5,706
Inventories Gross	$ 571,932

Financial Instruments - Summary of Maturity Profile of Financial Liabilities Based on Contractual Undiscounted Payments (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Disclosure of financial liabilities [line items]
Lease liabilities	$ 396,734	$ 332,816	$ 45,560
Accounts payable and accrued liabilities	19,754,628	847,121
Financial liabilities	25,490,973	$ 1,499,802
Liquidity risk
Disclosure of financial liabilities [line items]
Bank loans	38,725
Promissory notes	5,082,838
Lease liabilities	450,580
Accounts payable and accrued liabilities	19,754,628
Financial liabilities	25,326,771
Less than one year \| Liquidity risk
Disclosure of financial liabilities [line items]
Bank loans	14,527
Promissory notes	3,907,838
Lease liabilities	84,785
Accounts payable and accrued liabilities	19,754,628
Financial liabilities	23,761,778
1 to 5 years \| Liquidity risk
Disclosure of financial liabilities [line items]
Bank loans	24,198
Promissory notes	1,175,000
Lease liabilities	256,005
Financial liabilities	1,455,203
Over 5 years \| Liquidity risk
Disclosure of financial liabilities [line items]
Bank loans	0
Promissory notes	0
Lease liabilities	109,791
Financial liabilities	$ 109,791

Related Party Transactions - Summary of Compensation to Directors and Executive Officers (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Related Party [Abstract]
Short-term employee benefits	$ 1,168,934	$ 630,755
Post-employment benefits	9,332	41,160
Share-based payments	111,703	354,680
Compensation, Total	$ 1,289,969	$ 1,026,595

Investments in Associates

12 Months Ended

Sep. 30, 2023

Disclosure of associates [abstract]

Investments in Associates

13. Investments in Associates

On March 28, 2023 our wholly owned subsidiary Zapp Scooters (Thailand) Company Limited ("ZTH") entered into an asset sale and purchase agreement with Zapp Manufacturing Thailand Company Limited ("ZMT") whereby the certain capitalized development costs would be transferred in exchange for the settlement of existing acknowledged debt between the two companies. At the time of the transaction, ZTH held a 49% shareholding in ZMT, which was an associate of the Group. The remaining shares of ZMT were held by Swin Chatsuwan, a director and executive officer of the Group.

On March 30, 2023 ZTH sold its 49% shareholding in ZMT to Mr.Chatsuwan. At the time of the transaction the carrying value of the Group's equity accounted investment in ZMT was $nil due to historic losses incurred by ZMT.

At the time of the transaction both parties were controlled by Mr. Chatsuwan and as such, the transaction fell within the scope of a Business Combination Under Common Control. The Group has elected to apply the book value method in accounting for the business combination. As a result, the Group has recognized the capitalized development costs acquired at their book value on the transaction date of $18,186. The carrying value of the acknowledged debt at the time of the transaction was $22,652. The Group has elected to recognize the difference between the consideration and the carrying value of the assets acquired of $4,166 directly within retained earnings as a loss on disposal of associate.

Separately, the Group has recognized a profit on disposal of shares in associates as follows:


Proceeds on disposal							1,423
Less carrying value of investment on disposal date							—
Gain on disposal of shares in associate							1,423

Related Party Transactions

12 Months Ended

Sep. 30, 2023

Related Party [Abstract]

Related party transactions

22. Related party transactions

During the year ended September 30, 2023, the Group entered into the following transactions with related parties:


(in USD)	Property lease payments				Sales of assets to the group				Purchase of assets from the group
	2023		2022		2023		2022		2023		2022
Paragon Partners Company Limited		30,549		28,676		—		—		—		—
Zapp Manufacturing Thailand Company Limited		—		—		18,186		—		—		—
Executive officers		—		—		—		—		1,423		—

	Amounts owed by related parties				Amounts owed to related parties
(in USD)	2023		2022		2023		2022
Zapp Manufacturing Thailand Company Limited		—		21,021		—		—
Executive officers		—		38,590		—		340

Property lease payments were made on an arms length basis according to commercial terms. Sale of assets to the group and purchase of assets from the group relate to the transfer of assets from Zapp Manufacturing Thailand Company Limited to Zapp Scooters (Thailand) Company Limited and subsequent sale of shares in Zapp Manufacturing Thailand Company Limited to Swin Chatsuwan, a director and executive officer of the Group. This transaction is discussed in more detail in Note 13.

The compensation to Directors and executive officers of the Group for the years ended September 30, 2023 and 2022, comprised the following:


	For the Year Ended September 30,
(in USD)	2023		2022
Short-term employee benefits		1,168,934		630,755
Post-employment benefits		9,332		41,160
Share-based payments		111,703		354,680
		1,289,969		1,026,595

In addition to the compensation described above, in their capacity as shareholders certain executive officers were party to the management earnout described in Note 20. Under the terms of this agreement, a share-based payment charge was recognized in respect of these executive officers of $51,438,565.

Contingencies - Additional Information (Details)	12 Months Ended
Contingencies - Additional Information (Details)	Sep. 30, 2023 USD ($)
Disclosure of contingent liabilities [abstract]
Non payment of fee for advisory services	$ 3,630,000

Leases - Schedule of Carrying Amount and Movement in Lease Liabilities (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Lease liabilities [abstract]
Lease liabilities, Beginning balance	$ 332,816	$ 45,560
Additions	560,398	349,810
Interest	39,402	9,719
Payments	(109,974)	(33,883)
Adjustments for early termination	(414,389)
Effect of movements in exchange rates	(11,519)	(38,390)
Lease liabilities, Ending balance	$ 396,734	$ 332,816

Taxation - Summary of Unrecognized Deferred Tax Assets (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Disclosure of unrecognized deferred tax asset [line items]
Unrecognized deferred tax assets	$ 5,978,459	$ 947,065
Severance liabilities [member]
Disclosure of unrecognized deferred tax asset [line items]
Unrecognized deferred tax assets	31,716	20,532
Lease liabilities [member]
Disclosure of unrecognized deferred tax asset [line items]
Unrecognized deferred tax assets		1,880
Tax loss [Member]
Disclosure of unrecognized deferred tax asset [line items]
Unrecognized deferred tax assets	$ 5,946,743	$ 924,653

Leases

12 Months Ended

Sep. 30, 2023

Leases [abstract]

Leases

The Group has entered into lease contracts for its offices, delivery vans and staff motor vehicles. The Group's obligations under its leases are secured either by the lessor's title to the leased assets or by a collateral pledge over the lease assets.

The carrying amounts and movement in the right-of-use assets are set out below:


(in USD)	Leasehold property			Furniture, fixtures and office equipment			Vehicles			Total
Cost
At October 1, 2021		27,407			—			26,266			53,673
Additions		339,539			10,271			—			349,810
Effect of movements in exchange rates		(36,657	)		(760	)		(4,161	)		(41,578	)
At September 30, 2022		330,289			9,511			22,105			361,905
Additions		467,465			—			92,933			560,398
Adjustments for early termination		(403,080	)		—			—			(403,080	)
Effect of movements in exchange rates		25,316			171			(3,635	)		21,852
At September 30, 2023		419,990			9,682			111,403			541,075
Accumulated depreciation and impairment losses
At October 1, 2021		2,284			—			6,566			8,850
Depreciation for the year		27,741			285			6,039			34,065
Effect of movements in exchange rates		(2,660	)		(21	)		(1,553	)		(4,234	)
At September 30, 2022		27,365			264			11,052			38,681
Depreciation for the year		97,756			1,682			20,336			119,774
Impairment for the year		25,588			—			—			25,588
Effect of movements in exchange rates		(2,014	)		(64	)		53			(2,025	)
At September 30, 2023		148,695			1,882			31,441			182,018
Carrying amounts
At October 1, 2021		25,123			—			19,700			44,823
At September 30, 2022		302,924			9,247			11,053			323,224
At September 30, 2023		271,295			7,800			79,962			359,057

The carrying amount and movement in the lease liabilities are set out below:


(in USD)	September 30, 2023
At October 1, 2021		45,560
Additions		349,810
Interest		9,719
Payments		(33,883	)
Effect of movements in exchange rates		(38,390	)
At September 30, 2022		332,816
Additions		560,398
Interest		39,402
Payments		(109,974	)
Movement in lease payment accrual		—
Adjustments for early termination		(414,389	)
Effect of movements in exchange rates		(11,519	)
At September 30, 2023		396,734

The following are the amounts recognized in the statement of profit or loss in respect of lease agreements:


	For the Year Ended September 30,
(in USD)	2023		2022
Depreciation expense on right-of-use assets		119,775		34,065
Interest on lease liabilities		39,402		9,719
		159,177		43,784

Intangible Assets - Additional Information (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of detailed information about intangible assets [abstract]
Development costs amortized useful life	10 years
Remaining useful life	7 years
Amortization expenses	$ 136,489	$ 135,045

Property, plant and equipment

12 Months Ended

Sep. 30, 2023

Property, plant and equipment [abstract]

Property, plant and equipment


(in USD)	Leasehold and leasehold improvements			Furniture, fixtures and office equipment			Plant equipment			Vehicles			Assets under construction and installation			Total
Cost
At October 1, 2021		—			6,661			58,106			—			225,295			290,062
Additions		69,855			65,939			136,398			58,606			—			330,798
Transfers		—			—			217,625			—			(217,625	)		—
Effect of movements in exchange rates		(6,430	)		(5,958	)		(32,321	)		(4,336	)		(7,670	)		(56,715	)
At September 30, 2022		63,425			66,642			379,808			54,270			—			564,145
Additions		37,935			75,797			31,756			141,511			—			286,999
Effect of movements in exchange rates		3,119			(791	)		5,162			(6,868	)		—			622
At September 30, 2023		104,479			141,648			416,726			188,913			—			851,766
Accumulated depreciation and impairment losses
At October 1, 2021		—			3,359			7,272			—			—			10,631
Depreciation for the year		3,588			3,477			67,838			5,074			—			79,977
Effect of movements in exchange rates		(338	)		(621	)		(5,786	)		(375	)		—			(7,120	)
At September 30, 2022		3,250			6,215			69,324			4,699			—			83,488
Depreciation for the year		26,667			22,545			84,898			33,397			—			167,507
Impairment for the year		11,276			3,736			—			—			—			15,012
Effect of movements in exchange rates		(700	)		(756	)		(2,171	)		(1,409	)		—			(5,036	)
At September 30, 2023		40,493			31,740			152,051			36,687			—			260,971
Carrying amounts
At October 1, 2021		—			3,302			50,834			—			225,295			279,431
At September 30, 2022		60,175			60,427			310,484			49,571			—			480,657
At September 30, 2023		63,986			109,908			264,675			152,226			—			590,795

Share Capital - Schedule of Share Capital (Details) - USD ($)		12 Months Ended
	Jul. 31, 2023	Sep. 30, 2023	Sep. 30, 2022
Disclosure of share capital [line items]
Beginning balance , shares		72,418,470	64,652,412
Beginning balance		$ 2,512,440	$ (223,751)
Shares issued for cash, shares			5,666,058
Shares issued for cash			$ 5,155,544
Conversion from convertible loan note, shares		1,528,159	2,000,000
Conversion from convertible loan note		$ 6,296,437	$ 919,970
Shares issued to employee, shares			100,000
Shares issued to employee			$ 121,535
Group restructuring at the Business Combination, shares		(18,481,345)
Shares issued under FPA agreement, shares	2,432,186	2,432,186
Shares issued under FPA agreement		$ 1,943,046
Ending balance, shares		57,897,470	72,418,470
Ending balance		$ (18,437,617)	$ 2,512,440
Share Capital
Disclosure of share capital [line items]
Beginning balance		940	841
Shares issued for cash			72
Conversion from convertible loan note		190	26
Shares issued to employee			1
Group restructuring at the Business Combination		4,417
Shares issued under FPA agreement		243
Ending balance		5,790	940
Share Premium
Disclosure of share capital [line items]
Beginning balance		8,994,292	2,797,342
Shares issued for cash			5,155,472
Conversion from convertible loan note		6,296,247	919,944
Shares issued to employee			121,534
Group restructuring at the Business Combination		103,732,715
Shares issued under FPA agreement		1,942,803
Ending balance		120,966,057	$ 8,994,292
Merger Reserve
Disclosure of share capital [line items]
Group restructuring at the Business Combination		12,838,970
Ending balance		$ 12,838,970

Investments in Associates (Tables)

12 Months Ended

Sep. 30, 2023

Disclosure of associates [abstract]

Summary of Recognized Profit on Disposal of Shares in Associates

Separately, the Group has recognized a profit on disposal of shares in associates as follows:


Proceeds on disposal							1,423
Less carrying value of investment on disposal date							—
Gain on disposal of shares in associate							1,423

Reporting Entity

12 Months Ended

Sep. 30, 2023

Corporate information and statement of IFRS compliance [abstract]

Reporting entity

1. Reporting entity

Zapp Electric Vehicles Group Ltd (the “Company” or "Zapp EV") is an exempted company incorporated under the laws of the Cayman Islands on November 15, 2022. The Company’s registered office is at 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands. The Company’s principal executive office is at 87/1 Wireless Road, 26/F Capital Tower, All Seasons Place, Lumpini, Patumwan, Bangkok 10330, Thailand. The Group’s principal activity is the design, manufacture and sale of electric vehicles.

The financial statements incorporate the accounts of the Company and entities controlled by the Company (“its subsidiaries”). The term “Group” means, subsequent to closing of the Business Combination, Zapp Electric Vehicles Group Ltd and its subsidiaries.

The Business Combination

On April 28, 2023 , Zapp Electric Vehicles Group Ltd, an exempted company incorporated with limited liability under the laws of the Cayman Islands, consummated the business combination pursuant to the Agreement and Plan of Merger, dated as of November 22, 2022 (the “Merger Agreement”), by and among Zapp EV, CIIG Capital Partners II, Inc. (“CIIG II”), Zapp Electric Vehicles Limited, a private company limited by shares registered in England and Wales (“Zapp UK”) and Zapp Electric Vehicles, Inc., a Delaware corporation and direct, wholly owned subsidiary of Zapp EV (“Merger Sub”).

The Merger Agreement provided that the parties thereto would enter into a business combination transaction (the “Business Combination”) pursuant to which, among other things, (i) the shareholders of Zapp UK transferred their respective ordinary shares of Zapp UK to Zapp EV in exchange for ordinary shares of Zapp EV (“Zapp EV Ordinary Shares”, and such exchange, the “Company Exchange”); and (ii) immediately following the Company Exchange, Merger Sub merged with and into CIIG II, with CIIG II being the surviving corporation in the merger (the “Merger”), and each outstanding share of common stock of CIIG II (other than certain excluded shares) would convert into the right to receive one Zapp EV Ordinary Share.

Upon the consummation of the Business Combination: (i) the shareholders of Zapp UK transferred their respective ordinary shares of Zapp UK to Zapp EV in exchange for 41,296,259 Zapp EV Ordinary Shares pursuant to the Company Exchange, (ii) $6.1 million in aggregate principal amount of Zapp UK’s senior unsecured convertible loan notes due 2025 (the “Zapp UK Convertible Loan Notes”) were automatically redeemed at the principal amount by conversion into ordinary shares of Zapp UK, which were then transferred to Zapp EV in exchange for 871,428 Zapp EV Ordinary Shares; (iii) all Zapp UK options, whether vested or unvested, were released and cancelled by holders of Zapp UK options in exchange for 4,410,844 options to purchase Zapp EV Ordinary Shares (“Zapp EV Exchange Options”), of which 4,082,240 Zapp EV Exchange Options were fully vested upon the consummation of the Business Combination; (iv) the 6,000,000 Zapp UK warrants issued to Michael Joseph to purchase 6,000,000 ordinary shares of Zapp UK ceased to be warrants with respect to ordinary shares of Zapp UK and were assumed by Zapp EV and converted into 3,412,469 fully vested warrants to purchase Zapp EV Ordinary Shares (“Zapp EV Exchange Warrants”); (v) all shares of CIIG II Class A common stock, par value $0.0001 per share, and CIIG II Class B common stock, par value $0.0001 per share, were cancelled and automatically deemed to represent the right to receive 28,750,000 Zapp EV Ordinary Shares and 7,187,500 Zapp EV Ordinary Shares (of which 754,687 Zapp EV Ordinary Shares are unvested and subject to certain vesting conditions), respectively; and (vi) each CIIG II warrant was modified to provide that such warrant no longer entitles the holder thereof to purchase the number of shares of CIIG II’s common stock set forth therein and in substitution thereof such warrant would entitle the holder to acquire the same number of Zapp EV Ordinary Shares per warrant on the same terms (“Zapp EV Public Warrants”).

Upon consummation of the Business Combination, Zapp EV Ordinary Shares and Zapp EV Public Warrants commenced trading on The Nasdaq Stock Market LLC, or “Nasdaq”, under the symbols “ZAPP” and “ZAPPW,” respectively.

As the Company Exchange constituted a common control transaction, the consolidated financial statements are prepared as a continuation of the financial statements of Zapp UK, the accounting acquirer, with a recapitalization to reflect the capital structure of Zapp EV. The comparatives are based on the operations of Zapp UK prior to the Transaction.

As CIIG II does not constitute a business under the definitions of IFRS 3 Business Combinations, the Merger has been classified as a reverse acquisition and falls within the scope of IFRS 2 Share-based payment, with the issuance of shares to legacy CIIG II shareholders being treated as a share-based payment in exchange for the acquisition of the net assets of CIIG II by Zapp EV.

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities
Loss for the year	$ (222,097,491)	$ (3,577,590)
Adjustment for:
Depreciation of property, plant and equipment and right-of-use assets	287,800	114,042
Impairment of property, plant and equipment and right-of-use assets	40,599
Amortization of intangible assets	136,489	135,045
Equity settled share based payment charge	70,892,497	362,364
Equity settled bonus payment		121,535
Fair value movements	46,477,209	62,687
Foreign exchange movements	96,548	(182,583)
Share-based payment charge on acquisition of CIIG	81,551,286
Professional fees in association with the Business Combination	15,992,016
Loss on early termination of leases	(11,309)
Loss on disposal of shares in affiliates	(1,423)
Finance income	(9,292)	(2,693)
Finance expense	560,009	305,483
Total adjustments to reconcile profit (loss)	(6,085,062)	(2,661,710)
Changes in:
Inventories	(572,083)	(90,674)
Trade and other receivables	(586,560)	(134,659)
Other non-current assets	73,520	(111,110)
Trade and other payables	611,064	162,890
Other non-current liabilities	53,698	32,404
Cash generation from operating activities	(6,505,423)	(2,802,859)
Net cash used in operating activities	(6,505,423)	(2,802,859)
Cash flows from investing activities
Acquisition of property, plant and equipment	(173,335)	(633,102)
Acquisition of intangible assets	(123,662)	(65,668)
Loan to related parties	1,834	(15,416)
Interest received	9,292	2,693
Restricted cash		245,247
Net cash used in investing activities	(285,871)	(466,246)
Cash flows from financing activities
Drawdown of loans	7,579,105
Repayment of loans	(84,606)	(12,695)
Payment of lease liabilities	(109,974)	(33,883)
Proceeds from issuance of shares		5,155,544
Professional fees in association with the Business Combination	(1,680,440)
Interest paid	(55,248)	(38,985)
Net cash from financing activities	5,648,837	5,069,981
Net (decrease) increase in cash and cash equivalents	(1,142,457)	1,800,876
Cash and cash equivalents at October 1, 2022 and 2021	1,963,087	159,723
Effect of exchange rate fluctuations on cash held	2,593	2,488
Cash and cash equivalents at September 30, 2023 and 2022	$ 823,223	$ 1,963,087

Accounting Policies - Additional Information (Details)	12 Months Ended
Accounting Policies - Additional Information (Details)	Sep. 30, 2023 USD ($)
Accounting Policy [Abstract]
Lease of low-value assets	$ 5,000
Internally-generated intangible assets recognized	0
Impairment loss	$ 0
Equity consideration	90.00%

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Current assets [abstract]
Cash and cash equivalents	$ 823,223	$ 1,963,087
Inventory	566,226	111,734
Trade and other receivables	1,261,700	195,188
Total current assets	2,651,149	2,270,009
Non-current assets [abstract]
Property, plant and equipment	590,795	480,657
Right-of-use assets	359,057	323,224
Intangible assets	1,042,880	1,018,878
Loans receivable - non-current		21,407
Derivative assets - non-current	2,660,568
Other non-current assets	37,374	111,233
Total non-current assets	4,690,674	1,955,399
Total assets	7,341,823	4,225,408
Current liabilities
Trade and other payables	19,884,517	905,132
Loans and borrowings - current	3,713,717	12,490
Lease liabilities - current	99,961	61,743
Derivative liabilities - current		323,864
Total current liabilities	23,698,195	1,303,229
Non-current liabilities
Loans and borrowings - non-current	1,022,866	34,871
Lease liabilities - non-current	296,773	271,073
Derivative liabilities - non-current	603,028
Other non-current liabilities	158,578	103,795
Total non-current liabilities	2,081,245	409,739
Total liabilities	25,779,440	1,712,968
Equity
Share capital	5,790	940
Share premium	120,966,057	8,994,292
Merger reserve	12,838,970
Share option reserve	77,315,847	1,300,373
Foreign currency translation reserve	(263,227)	(238,825)
Equity accounted warrants	345,218
Accumulated deficit	(229,646,272)	(7,544,340)
Total equity	(18,437,617)	2,512,440
Total equity and liabilities	$ 7,341,823	$ 4,225,408

Taxation

12 Months Ended

Sep. 30, 2023

Major components of tax expense (income) [abstract]

Taxation

8. Taxation

Reconciliation of effective tax rate

The Group incurred tax losses for the years ended September 30, 2023 and 2022 and accordingly has not recognized any current income tax during such periods. The following table presents the reconciliation of effective tax rate for the years ended September 30, 2023 and 2022:


	For the Year Ended September 30,
(in USD)	2023			2022
Loss before tax		(222,097,491	)		(3,577,590	)

Income tax at the domestic rate of 22.00% (2022: 20.31%)		(45,970,977	)		(726,609	)
Impact of difference in overseas tax rates		40,961,202			—
Non-deductible expenses		2,685			98,838
Current year losses for which no deferred tax asset is recognized		5,026,928			643,122
Others		(19,838	)		(15,351	)
		—			—

The domestic rate of tax applied has been calculated as the average rate of corporation tax applicable in the United Kingdom between October 2022 and September 2023. The relevant rate was 19.00% between October 2022 and March 2023 and 25.00% between April 2023 and September 2023.

Unrecognized deferred tax assets


	For the Year Ended September 30,
(in USD)	2023		2022
Severance liabilities		31,716		20,532
Leases		—		1,880
Tax losses		5,946,743		924,653
		5,978,459		947,065

Deferred tax assets are recognized in the consolidated financial statements only to the extent that it is probable that future taxable profits will be available against which the Group can utilize the benefits. The use of these tax losses is subject to the agreement of the tax authorities and compliance with certain provisions of the tax legislation of the countries in which the group companies operate.

Tax losses carried forward

Generally, tax losses in Thailand expire 5 years from the date the loss was incurred, but tax losses in the United Kingdom and France can be carried forward indefinitely. As at September 30, 2023, we had tax loss carry-forwards that will expire in the following periods:


(in USD)
2024			52,238
2025			447,119
2026			691,144
2027			1,291,400
2028			2,989,672
No expiration			22,106,086
			27,577,658

The losses are subject to examination by the tax authorities and to restriction on their utilization. In particular, the losses can only be utilized against profits arising in the legal entity in which they arose.

Trade and Other Payables

12 Months Ended

Sep. 30, 2023

Trade and other payables [abstract]

Trade and Other Payables

16. Trade and other payables

Trade and other payables comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Accounts payable and accrued liabilities		19,754,628		847,121
Other taxation and social security payable		114,590		10,892
Deferred income		15,299		23,111
Other payables		—		24,008
		19,884,517		905,132

The increase in accounts payable and accrued liabilities relates primarily to the delayed settlement of payment obligations to professional service providers arising on the Business Combination. See Note 6 for further details.

Taxation - Additional Information (Details)	6 Months Ended
Taxation - Additional Information (Details)	Sep. 30, 2023	Mar. 31, 2023
Major components of tax expense (income) [abstract]
Relevant rate	25.00%	19.00%

Related Party Transactions - Summary of Transactions with Related Parties Who are Not Members of the Group (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Paragon Partners Company Limited
Related party transactions [line items]
Property lease payments	$ 30,549	$ 28,676
Zapp Manufacturing Thailand Company Limited
Related party transactions [line items]
Sales of assets to the group	18,186
Amounts owed by related parties		21,021
Executive officers
Related party transactions [line items]
Purchase of assets from the group	$ 1,423
Amounts owed by related parties		38,590
Amounts owed to related parties		$ 340

Cover	12 Months Ended
Cover	Sep. 30, 2023 shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Registrant Name	Zapp Electric Vehicles Group Limited
Entity Central Index Key	0001955104
Current Fiscal Year End Date	--09-30
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
ICFR Auditor Attestation Flag	false
Securities Act File Number	001-41693
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	87/1 Wireless Road
Entity Address, Address Line Two	26/F Capital TowerAll Seasons Place
Entity Address, Address Line Three	Lumpini, Patumwan
Entity Address, City or Town	Bangkok
Entity Address, Postal Zip Code	10330
Entity Address, Country	TH
Document Financial Statement Error Correction [Flag]	false
Document Accounting Standard	International Financial Reporting Standards
Auditor Name	PKF Littlejohn LLP
Auditor Firm ID	2814
Auditor Location	London, United Kingdom
Entity Common Stock, Shares Outstanding	57,897,470
Ordinary Shares
Document Information [Line Items]
Trading Symbol	ZAPP
Title of 12(b) Security	Ordinary Shares
Security Exchange Name	NASDAQ
Warrants
Document Information [Line Items]
Trading Symbol	ZAPPW
Title of 12(b) Security	Warrants
Security Exchange Name	NASDAQ
Business Contact
Document Information [Line Items]
Contact Personnel Name	Theodore Allegaert, Chief Legal Officer
Entity Address, Address Line One	87/1 Wireless Road –
Entity Address, Address Line Two	26/F Capital TowerAll Seasons Place
Entity Address, Address Line Three	Lumpini, Patumwan
Entity Address, City or Town	Bangkok
Entity Address, Postal Zip Code	10330
City Area Code	+66
Local Phone Number	2654 3550
Contact Personnel Email Address	ta@zappev.com
Entity Address, Country	TH

Financial instruments - Summary of Financial Assets (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Disclosure of financial assets [line items]
Financial assets at amortised cost	$ 36,878	$ 41,436
Financial assets at fair value through profit or loss	2,660,568
Total financial assets	2,697,446	41,436
Current	17,606	21,466
Non-current	2,679,840	19,970
Loans receivable from related parties
Disclosure of financial assets [line items]
Financial assets at amortised cost		21,021
Lease Deposits
Disclosure of financial assets [line items]
Financial assets at amortised cost	36,878	$ 20,415
Forward Purchase Agreement
Disclosure of financial assets [line items]
Financial assets at fair value through profit or loss	$ 2,660,568

- Definition

The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose the entity’s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]

+ References + Details

Other (Expenses)/Income - Schedule of Other Income and Expenses (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Analysis of income and expense [abstract]
Fair value movements	$ (46,477,209)	$ (62,687)
Foreign exchange movements	14,868	394,072
Expenses relating to the Business Combination	(167,316,087)
Gain on early termination of leases	11,309
Profit on disposal of shares in associates	1,423
Sundry income	17,970	3,944
Other (expenses)/income	$ (213,747,726)	$ 335,329

Taxation - Summary of Tax Loss Carry Forward (Details)	Sep. 30, 2023 USD ($)
Disclosure tax loss carry forward [line items]
Tax loss carried forward	$ 27,577,658
2024
Disclosure tax loss carry forward [line items]
Tax loss carried forward	52,238
2025
Disclosure tax loss carry forward [line items]
Tax loss carried forward	447,119
2026
Disclosure tax loss carry forward [line items]
Tax loss carried forward	691,144
2027
Disclosure tax loss carry forward [line items]
Tax loss carried forward	1,291,400
2028
Disclosure tax loss carry forward [line items]
Tax loss carried forward	2,989,672
No expiration
Disclosure tax loss carry forward [line items]
Tax loss carried forward	$ 22,106,086

Trade and Other Receivables (Tables)

12 Months Ended

Sep. 30, 2023

Trade and other receivables [abstract]

Summary of Trade and Other Receivables

Trade and other receivables comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Income tax receivable		460,738		—
Other taxation and social security receivable		123,214		115,056
Prepayments		396,190		30,425
Other receivables		281,558		49,707
		1,261,700		195,188

Inventories - Summary of Inventories (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Classes of current inventories [abstract]
Raw materials	$ 432,744	$ 57,404
Work in progress	58,633
Goods in transit		2,185
Finished goods	74,849	52,145
Total inventories	$ 566,226	$ 111,734

Share Capital - Schedule of Issued and Fully Paid Share Capital (Details) - Ordinary Shares - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Disclosure of share capital [line items]
Issued and fully paid share capital, shares	57,897,470	72,418,470
Issued and fully paid share capital, value	$ 5,790	$ 940

Significant Accounting Policies (Policies)

12 Months Ended

Sep. 30, 2023

Accounting Policy [Abstract]

Basis of Preparation

2.1.

Basis of preparation

Details of the Group’s accounting policies are included in Note 3.

Basis of Consolidation

2.2.

Basis of consolidation

Subsidiaries

Interests in equity-accounted investees

An affiliate is an entity in which the Group has significant influence, but not control or joint control, over the financial and operating policies.

The Group’s interests in equity-accounted investees comprised an interest in an affiliate which was disposed of during the year ended September 30, 2023. See Note 13 for further details.

Transactions eliminated on consolidation

Basis of Measurement

2.3.

Basis of measurement

The financial statements have been prepared on the historical cost basis, except for financial assets, financial liabilities and share-based payments that have been measured at fair value.

New and Amended Standards and Interpretations

2.4.

New and amended standards and interpretations

•

Amendments to IFRS 3 - Reference to the Conceptual Framework (effective for annual periods beginning on or after January 1, 2022).

•

Amendments to IAS 16 - Property, Plant and Equipment: Proceeds before Intended Use (effective for annual periods beginning on or after January 1, 2022).

•

Amendments to IAS 37 - Onerous Contracts - Costs of Fulfilling a Contract (effective for annual periods beginning on or after January 1, 2022).

•

Annual Improvements: IFRS 9 Financial Instruments - Fees in the "10 per cent" test for derecognition of financial liabilities (effective for annual periods beginning on or after January 1, 2022).

•

Annual Improvements: IAS 41 Agriculture - Taxation in fair value measurements (effective for annual periods beginning on or after January 1, 2022).

Standards Issued But Not Yet Effective

2.5.

Standards issued but not yet effective

•

IFRS 17 - Insurance Contracts (effective for annual periods beginning on or after January 1, 2023).

•

Amendments to IFRS 17 – Insurance Contracts (effective for annual periods beginning on or after January 1, 2023).

•

IFRS 17 and IFRS 9 – Initial application of IFRS 17 and IFRS 9 – Comparative Information (effective for annual periods beginning on or after January 1, 2023).

•

Amendments to IAS 8 – Definition of Accounting Estimates (effective for annual periods beginning on or after January 1, 2023).

•

Amendments to IAS 12 – International Tax Reform - Pillar 2 Model Rules (effective for annual periods beginning on or after January 1, 2023, with respect to the required disclosures).

•

Amendments to IAS 1 – Non-current liabilities with Covenants (effective for annual periods beginning on or after January 1, 2024).

•

Amendments to IAS 1 – Classification of Liabilities as current or non-current (effective for annual periods beginning on or after January 1, 2024).

•

Amendments to IFRS 16 – Lease liability in a sale and lease back (effective for annual periods beginning on or after January 1, 2024).

•

Amendments to IAS 7 and IFRS 7 – Supplier Finance Arrangements (effective for annual periods beginning on or after January 1, 2024).

•

Amendments to IAS 21 – Lack of Exchangeability (effective for annual periods beginning on or after January 1, 2025).

•

Amendments to IFRS 10 and IAS 28 – Sale or contribution of assets between an investor and its associate or joint venture (available for optional adoption/ effective date deferred indefinitely).

Presentational Currency

2.6.

Presentational currency

These financial statements are presented in United States Dollars. All amounts have been presented to the nearest dollar, unless otherwise indicated.

Use of estimates and judgments

2.7.

Use of estimates and judgments

Note 12 Intangible assets—establishing the fair value of acquired intangible assets on an ongoing basis;

Note 18 Leases—Whether an arrangement contains a lease; reasonably certain to exercise extension or termination options; determining the incremental borrowing rate;

Note 20 Share-based payments—Key valuation assumptions; and

Note 21 Financial instruments—Determining the fair value of financial instruments on the basis of significant unobservable inputs.

Going Concern

2.8.

Going concern

The financial statements have been prepared on a going concern basis.

We intend to seek further extensions to our obligations to our suppliers and to raise approximately $5.0 million of additional funds by way of a private or public offering of securities.

The Company raised $0.6 million in February 2024 through the issuance of additional shares (see Note 24) and expects to raise further funds through at the market offerings in the coming months.

Revenue

The Group is in a pre-revenue stage and therefore has not yet commenced sales. Below is the policy the Group will implement once it begins to generate sales.

Sale of electric vehicles

Cost of Sales

3.2.

Cost of sales

The Group is in a pre-revenue stage and therefore has not yet incurred cost of sales. Below is the policy the Group will implement upon commencement of sales.

Leasing

3.3.

Leasing

Group acting as a lessee

Right-of-use assets


Leasehold property		3 - 10 years
Furniture, fixtures and office equipment		6 years
Vehicles		4 - 5 years

The estimated useful life of certain leasehold property has decreased in the year ended September 30, 2023 as a result of lease modifications during the year.

Depreciation of other right-of-use assets is recognized within operating expenses in the statement of profit or loss.

Lease liabilities

Interest on lease liabilities is recognized within finance expense in the statement of profit or loss.

Employee Benefits

3.4.

Employee benefits

Short-term and long-term employee benefits

Defined contribution schemes

Contributions to defined contribution pension schemes are charged to the statement of comprehensive income in the period to which they relate.

Severance liabilities

Share-Based Payments

3.5.

Share-based payments

Equity-settled share-based payments to employees are measured at the fair value of the equity instruments at the grant date.

Taxation

3.6.

Taxation

The income tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

Deferred tax

•

the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit or loss; and

•

Current and deferred tax

Cash and Cash Equivalents

3.7.

Cash and cash equivalents

Property, Plant and Equipment

3.8.

Property, plant and equipment

Items of property, plant and equipment are measured at cost, which includes capitalized borrowing costs, less accumulated depreciation and any accumulated impairment losses.

Property, plant and equipment is depreciated over the estimated useful life of the assets as follows:


Leasehold and leasehold improvements		3 - 10 years
Furniture, fixtures and office equipment		3 - 10 years
Plant equipment		5 years
Vehicles		3 - 5 years

Depreciation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.

Intangible Assets

3.9.

Intangible assets


Development costs		10 years
Patents and trademarks		10 years
Software		5 - 10 years

Internally-generated intangible assets

Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in profit or loss as incurred.

Subsequent to initial recognition, development expenditure is measured at cost less accumulated amortization and any accumulated impairment losses.

Impairment of Tangible and Intangible Assets

3.10.

Impairment of tangible and intangible assets

Intangible assets not yet available for use are tested for impairment at least annually, and whenever there is an indication that the asset may be impaired.

Inventory

3.11.

Inventory

Inventory consists of vehicles not yet delivered to customers and raw materials to be used in product development.

Provisions

3.12.

Provisions

Financial instruments

3.14.

Financial instruments

Financial assets

•

it is held within a business model whose objective is to hold assets to collect contractual cash flows; and

•

its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

Financial liabilities

Measurement of fair values - valuation techniques and significant unobservable inputs

For the valuation techniques used in measuring Level 3 fair values for financial instruments in the statement of financial position, as well as the significant unobservable inputs used, see Note 21.

Convertible loan notes

3.13.

Convertible loan notes

Equity reserves

3.15.

Equity reserves

The foreign currency translation reserve represents the difference between the translated values of assets and liabilities at the closing rate and the historical rate.

Financial Instruments - Summary of fair value of the Forward Purchase Agreements (Details) - $ / shares	Sep. 30, 2023	Apr. 26, 2023
Disclosure of financial liabilities [line items]
Total number of shares issued	3,741,424	6,567,814
Opening share price	0.75	8.75
Expected volatility	70.00%	70.00%
Dividend yield	0.00%	0.00%
Risk free interest rate	4.90%	3.80%
Fair value per share	$ 0.71	$ 7.5

Property, plant and equipment (Tables)

12 Months Ended

Sep. 30, 2023

Property, plant and equipment [abstract]

Summary of Property, Plant and Equipment


(in USD)	Leasehold and leasehold improvements			Furniture, fixtures and office equipment			Plant equipment			Vehicles			Assets under construction and installation			Total
Cost
At October 1, 2021		—			6,661			58,106			—			225,295			290,062
Additions		69,855			65,939			136,398			58,606			—			330,798
Transfers		—			—			217,625			—			(217,625	)		—
Effect of movements in exchange rates		(6,430	)		(5,958	)		(32,321	)		(4,336	)		(7,670	)		(56,715	)
At September 30, 2022		63,425			66,642			379,808			54,270			—			564,145
Additions		37,935			75,797			31,756			141,511			—			286,999
Effect of movements in exchange rates		3,119			(791	)		5,162			(6,868	)		—			622
At September 30, 2023		104,479			141,648			416,726			188,913			—			851,766
Accumulated depreciation and impairment losses
At October 1, 2021		—			3,359			7,272			—			—			10,631
Depreciation for the year		3,588			3,477			67,838			5,074			—			79,977
Effect of movements in exchange rates		(338	)		(621	)		(5,786	)		(375	)		—			(7,120	)
At September 30, 2022		3,250			6,215			69,324			4,699			—			83,488
Depreciation for the year		26,667			22,545			84,898			33,397			—			167,507
Impairment for the year		11,276			3,736			—			—			—			15,012
Effect of movements in exchange rates		(700	)		(756	)		(2,171	)		(1,409	)		—			(5,036	)
At September 30, 2023		40,493			31,740			152,051			36,687			—			260,971
Carrying amounts
At October 1, 2021		—			3,302			50,834			—			225,295			279,431
At September 30, 2022		60,175			60,427			310,484			49,571			—			480,657
At September 30, 2023		63,986			109,908			264,675			152,226			—			590,795

Additions to vehicles during the year ended September 30, 2023 included $31,818 in respect of motorcycles that are used for display and demonstration purposes.

Loans and Borrowings (Tables)

12 Months Ended

Sep. 30, 2023

Borrowings [abstract]

Schedule of Loans and Borrowings

Loans and borrowings comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Current
Bank loans		14,527		12,490
Promissory notes		3,699,190		—
		3,713,717		12,490
Non-current
Bank loans		22,866		34,871
Promissory notes		1,000,000		—
		1,022,866		34,871
		4,736,583		47,361

Financial instruments - Summary of Interest Bearing Loans And Borrowings (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of detailed information about borrowings [line items]
Total current borrowings and current portion of non-current borrowings	$ 3,713,718	$ 12,489
Non-current portion of non-current borrowings	$ 1,022,866	34,871
Bank Loans
Disclosure of detailed information about borrowings [line items]
Borrowings, interest rate	2.50%
Borrowings, maturity	Within one year
Total current borrowings and current portion of non-current borrowings	$ 14,527	12,489
Promissory Notes
Disclosure of detailed information about borrowings [line items]
Borrowings, maturity	Within one year
Total current borrowings and current portion of non-current borrowings	$ 3,699,191
Promissory Notes \| Bottom of Range
Disclosure of detailed information about borrowings [line items]
Borrowings, interest rate	0.00%
Promissory Notes \| Top of Range
Disclosure of detailed information about borrowings [line items]
Borrowings, interest rate	15.00%
Bank Loans
Disclosure of detailed information about borrowings [line items]
Borrowings, interest rate	2.50%
Borrowings, maturity	2026
Non-current portion of non-current borrowings	$ 22,866	$ 34,871
Promissory Notes
Disclosure of detailed information about borrowings [line items]
Borrowings, interest rate	15.00%
Borrowings, maturity	2025
Non-current portion of non-current borrowings	$ 1,000,000

Expenses Relating to the Business Combination (Tables)

12 Months Ended

Sep. 30, 2023

Disclosure of detailed information about business combination [abstract]

Schedule of Significant Costs in Connection with the Business Combination

The table below sets out these costs by nature, including identifying which costs were/are to be settled in cash and which costs were/are to be settled through the issue of equity instruments:


(in USD)	Cash-Settled		Equity-Settled		Total
Professional fees		9,146,063		6,845,953		15,992,016
Share-based payment expense on management earnout		—		64,082,445		64,082,445
Share-based payment expense on sponsor earnout		—		5,690,340		5,690,340
Share-based payment expense on acquisition of CIIG II		—		81,551,286		81,551,286
Total expenses relating to the Business Combination		9,146,063		158,170,024		167,316,087

Share Capital (Tables)

12 Months Ended

Sep. 30, 2023

Disclosure of Share Capital [Abstract]

Schedule of Issued and Fully Paid Share Capital

Issued and fully paid share capital


	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022
	Number		Number		$		$
Ordinary shares of £0.00001 per share		—		72,418,470		—		940
Ordinary shares of $0.0001 per share		57,897,470		—		5,790		—

The authorized share capital of the Company is US$50,000 divided into 500,000,000 ordinary shares of $0.0001 each.

Schedule of Share Capital


(in USD, except number)	Number			Share capital		Share premium		Merger reserve
At October 1, 2021		64,652,412			841		2,797,342		—
Shares issued for cash		5,666,058			72		5,155,472		—
Conversion from convertible loan note		2,000,000			26		919,944		—
Shares issued to employee		100,000			1		121,534		—
At September 30, 2022		72,418,470			940		8,994,292		—
Conversion from convertible loan note		1,528,159			190		6,296,247		—
Group restructuring at the Business Combination		(18,481,345	)		4,417		103,732,715		12,838,970
Shares issued under FPA agreement		2,432,186			243		1,942,803		—
At September 30, 2023		57,897,470			5,790		120,966,057		12,838,970

Finance Income and Expense - Summary of Finance Income and Expense (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Finance income
Interest on bank deposits	$ 9,292	$ 2,693
Total finance income	9,292	2,693
Finance expense
Interest on convertible notes	(409,561)	(266,498)
Interest on loans and borrowings	(103,605)	(1,512)
Interest on lease liabilities	(39,402)	(9,719)
Other interest payable	(8,437)	(27,754)
Total finance expense	$ (561,005)	$ (305,483)

Intangible Assets

12 Months Ended

Sep. 30, 2023

Disclosure of detailed information about intangible assets [abstract]

Intangible Assets

12. Intangible assets


(in USD)	Development costs			Patents and trademarks			Software			Total
Cost
At October 1, 2021		1,333,030			25,703			—			1,358,733
Additions		19,960			34,811			941			55,712
Effect of movements in exchange rates		(142,117	)		(5,396	)		(69	)		(147,582	)
At September 30, 2022		1,210,873			55,118			872			1,266,863
Additions		18,186			5,712			117,951			141,849
Effect of movements in exchange rates		20,797			1,221			(4,447	)		17,571
At September 30, 2023		1,249,856			62,051			114,376			1,426,283
Accumulated amortization and impairment losses
At October 1, 2021		133,303			4,131			—			137,434
Amortization for the year		129,473			5,568			4			135,045
Effect of movements in exchange rates		(23,642	)		(852	)		—			(24,494	)
At September 30, 2022		239,134			8,847			4			247,985
Amortization for the year		129,668			6,144			677			136,489
Effect of movements in exchange rates		(972	)		(84	)		(15	)		(1,071	)
At September 30, 2023		367,830			14,907			666			383,403
Carrying amounts
At October 1, 2021		1,199,727			21,572			—			1,221,299
At September 30, 2022		971,739			46,271			868			1,018,878
At September 30, 2023		882,026			47,144			113,710			1,042,880

Capitalized development costs represents the cost of prototype vehicles and other components based on contractual terms. The development costs are being amortized over a useful life of 10 years; as at September 30, 2023 the remaining useful life was 7 years.

Amortization expenses of $136,489 for the year ended September 30, 2023 and $135,045 for the year ended September 30, 2022 have been recognized in general and administrative expenses.

Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2023

Accounting Policy [Abstract]

Schedule of Right-of-Use Assets Estimated Useful Lives

Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the assets, as follows:


Leasehold property		3 - 10 years
Furniture, fixtures and office equipment		6 years
Vehicles		4 - 5 years

Schedule of Estimated Useful Life of Property, Plant and Equipment

Property, plant and equipment is depreciated over the estimated useful life of the assets as follows:


Leasehold and leasehold improvements		3 - 10 years
Furniture, fixtures and office equipment		3 - 10 years
Plant equipment		5 years
Vehicles		3 - 5 years

Schedule of Estimated Useful Life of Intangible Assets

The estimated useful life and amortization method are reviewed at the end of each reporting period, with the effect of any changes in estimate being accounted for on a prospective basis.


Development costs		10 years
Patents and trademarks		10 years
Software		5 - 10 years

Accounting Policies - Schedule of Estimated Useful Life of Property, Plant and Equipment (Details)	12 Months Ended
	Sep. 30, 2023
Leasehold and leasehold improvements \| Bottom of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life of assets	3 years
Leasehold and leasehold improvements \| Top of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life of assets	10 years
Furniture, Fixtures and Office Equipment \| Bottom of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life of assets	3 years
Furniture, Fixtures and Office Equipment \| Top of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life of assets	10 years
Plant Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life of assets	5 years
Vehicles \| Bottom of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life of assets	3 years
Vehicles \| Top of Range
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life of assets	5 years

Trade and Other Receivables - Summary of Trade and Other Receivables (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Trade and other current receivables [abstract]
Income tax receivable	$ 460,738
Other taxation and social security receivable	123,214	$ 115,056
Prepayments	396,190	30,425
Other receivables	281,558	49,707
Total trade and other current receivables	$ 1,261,700	$ 195,188

Segment information

12 Months Ended

Sep. 30, 2023

Disclosure of geographical areas [abstract]

Segment information

9. Segment information

The Group's non-current assets by geographic location as at September 30, 2023 and September 30, 2022 were as follows:


(in USD)	September 30, 2023		September 30, 2022
Cayman Islands		2,661,418		—
Europe		463,442		250,569
Thailand		1,565,814		1,704,830
		4,690,674		1,955,399

Property, plant and equipment - Summary of Property, Plant and Equipment (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	$ 480,657	$ 279,431
Property, plant and equipment at end of period	590,795	480,657
Gross Carrying Amount
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	564,145	290,062
Additions	286,999	330,798
Effect of movements in exchange rates	(622)	(56,715)
Property, plant and equipment at end of period	851,766	564,145
Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	(83,488)	(10,631)
Depreciation for the year	167,507	79,977
Impairment for the year	15,012
Effect of movements in exchange rates	(5,036)	(7,120)
Property, plant and equipment at end of period	(260,971)	(83,488)
Leasehold and leasehold improvements
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	60,175
Property, plant and equipment at end of period	63,986	60,175
Leasehold and leasehold improvements \| Gross Carrying Amount
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	63,425
Additions	37,935	69,855
Effect of movements in exchange rates	3,119	(6,430)
Property, plant and equipment at end of period	104,479	63,425
Leasehold and leasehold improvements \| Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	(3,250)
Depreciation for the year	26,667	3,588
Impairment for the year	11,276
Effect of movements in exchange rates	(700)	(338)
Property, plant and equipment at end of period	(40,493)	(3,250)
Furniture, Fixtures and Office Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	60,427	3,302
Property, plant and equipment at end of period	109,908	60,427
Furniture, Fixtures and Office Equipment \| Gross Carrying Amount
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	66,642	6,661
Additions	75,797	65,939
Effect of movements in exchange rates	(791)	(5,958)
Property, plant and equipment at end of period	141,648	66,642
Furniture, Fixtures and Office Equipment \| Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	(6,215)	(3,359)
Depreciation for the year	22,545	3,477
Impairment for the year	3,736
Effect of movements in exchange rates	(756)	(621)
Property, plant and equipment at end of period	(31,740)	(6,215)
Plant Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	310,484	50,834
Property, plant and equipment at end of period	264,675	310,484
Plant Equipment \| Gross Carrying Amount
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	379,808	58,106
Additions	31,756	136,398
Transfers		217,625
Effect of movements in exchange rates	5,162	(32,321)
Property, plant and equipment at end of period	416,726	379,808
Plant Equipment \| Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	(69,324)	(7,272)
Depreciation for the year	84,898	67,838
Effect of movements in exchange rates	(2,171)	(5,786)
Property, plant and equipment at end of period	(152,051)	(69,324)
Vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	49,571
Additions	31,818
Property, plant and equipment at end of period	152,226	49,571
Vehicles \| Gross Carrying Amount
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	54,270
Additions	141,511	58,606
Effect of movements in exchange rates	(6,868)	(4,336)
Property, plant and equipment at end of period	188,913	54,270
Vehicles \| Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period	(4,699)
Depreciation for the year	33,397	5,074
Effect of movements in exchange rates	(1,409)	(375)
Property, plant and equipment at end of period	$ (36,687)	(4,699)
Assets under construction and installation
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period		225,295
Assets under construction and installation \| Gross Carrying Amount
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment at beginning of period		225,295
Transfers		(217,625)
Effect of movements in exchange rates		$ (7,670)

Share-based Payments

12 Months Ended

Sep. 30, 2023

Disclosure of terms and conditions of share-based payment arrangement [abstract]

Share-based payments

20. Share-based payments

Informal share-based payment arrangements

The Group does not currently operate a formal equity incentive plan but has historically granted options to purchase its Ordinary Shares to certain employees, officers, directors, and consultants of the Company and its subsidiaries and non-employee directors of the Company. The options are considered to be equity-settled share-based payment arrangements and have a maximum term of up to ten years from the date of grant. Until optionholders acquire the Ordinary Shares upon exercise of such options, they have no rights with respect to the Ordinary Shares.

The options generally vest based on the following conditions:

•

Listing success, which is considered a non-market performance condition;

•

Fully vested at grant date; or

•

A two- or three-year vesting period, which is considered a service condition.

Upon closing of the Business Combination, all options were novated from options to purchase shares in Zapp UK, the previous parent company of the Group, to options to purchase shares in Zapp EV, the new parent company. The number of options granted to each individual was adjusted to reflect the new capital structure of the Group and maintain a consistent value to each option.

Upon closing of the Business Combination, those options issued with vesting based on listing success became fully vested.

Management earnout

Upon closing of the Business Combination, certain legacy Zapp UK shareholders were entitled to receive an earnout of 8,518,290 Ordinary Shares (the "Management Earnout"). The earnout is subject to the closing price of each Ordinary Share equaling or exceeding, for any 20 trading days during a 30 consecutive trading day period, (i) $12.00 per share (the “First Earnout Condition”), (ii) $14.00 per share (the “Second Earnout Condition”) or (iii) $16.00 per share (the “Third Earnout Condition”; and each of the First, Second and Third Earnout Conditions an “Earnout Condition”), as applicable, in each case as equitably adjusted for share splits, share dividends, reorganizations and recapitalizations. In the event that an Earnout Condition is not satisfied prior to the fifth anniversary of the closing, the Management Earnout shares shall be forfeited and cease to exist.

Each earnout is considered an equity-settled share based payment arrangement with market performance conditions. Therefore, a share-based payment charge has been recognized in full on the grant date with reference to the fair value of the options on that date.

Sponsor earnout

Upon closing of the Business Combination, 754,687 shares held by certain legacy CIIG II shareholders were unvested and shall vest at such time that the closing price of each Ordinary Share equals or exceeds $14.00 for any 20 trading days during a 30 consecutive trading day period. In the event that the Earnout Condition is not satisfied prior to the fifth anniversary of the closing, the earnout shares shall be forfeited and cease to exist.

The earnout is considered to be an equity-settled share based payment arrangement with market performance conditions. Therefore, a share-based payment charge has been recognized in full on the grant date with reference to the fair value of the options on that date.

SPAC Advisory Partners compensation

Zapp UK engaged SPAC Advisory Partners ("SAP") to advise on certain aspects of the Business Combination. Upon closing, SAP was issued 173,000 Ordinary Shares as part of the fee due in respect of their services relating to the Business Combination. If the relevant management earnout conditions are fulfilled, SAP will be entitled to receive additional Ordinary Shares comprising 10% of the number of any additional Ordinary Shares ultimately issued pursuant to the Management Earnout.

The closing fee was considered to be an equity-settled share-based payment vesting immediately upon closing of the Business Combination. Therefore a share-based payment charge was recognized at that point based on the price of Ordinary Shares on that date of $8.75.

The 10% entitlement is considered to be a mirror of the Management Earnout, therefore a charge equivalent to 10% of the charge recognized in relation to certain individuals party to the Management Earnout has been recognized. The total number of Management Earnout shares relevant in calculating the SAP entitlement is 6,837,202.

Marketing Services Agreement compensation

In June 2023 the Company entered into a Marketing Services Agreement ("MSA") with one of its suppliers. Under the terms of this agreement the supplier is to be compensated through a mixture of cash and the grant of Restricted Stock Units (“RSUs”). The RSUs vest over a period of six months from the effective date of the agreement. This is considered an equity-settled share based payment arrangement with a service condition. As such, a share-based payment charge will be recognized over the vesting period based on the fair value of the RSUs on the grant date.

The Group recognized a share-based payment charge for the year as follows:


	Year Ended September 30,
(in USD)	2023		2022
Informal share option arrangements		999,357		249,087
Management earnout		64,082,445		—
Sponsor earnout		5,690,340		—
SAP compensation		6,845,953		—
MSA compensation		120,355		—
		77,738,450		249,087

The following share options, earnout shares, share awards and RSUs were granted during the year ended September 30, 2023:

        Scheme

        Number

        Grant date

        Expiry date

        Post Business Combination equivalent

Informal share option arrangements

10,000

11/7/2022

5/23/2032

5,702

Informal share option arrangements

60,000

11/7/2022

8/12/2032

34,215

Informal share option arrangements

200,000

11/7/2022

8/15/2032

n/a*

Informal share option arrangements

20,000

11/7/2022

9/1/2032

11,405

Informal share option arrangements

1,100,000

11/7/2022

10/1/2032

627,270

Informal share option arrangements

50,000

11/7/2022

12/1/2032

28,512

Informal share option arrangements

25,000

11/7/2022

12/19/2032

14,256

Management earnout

8,518,290

4/28/2023

4/28/2028

8,518,290

Sponsor earnout

754,687

4/28/2023

4/28/2028

754,687

SAP compensation

173,000

4/28/2023

n/a

173,000

SAP compensation

683,720

4/28/2023

4/28/2028

683,720

MSA compensation

72,114

6/19/2023

n/a

72,114

11,666,811

10,923,171

*Forfeit prior to conversion.

Movements in equity instruments during the year

The following reconciles the outstanding share options, earnout shares, share awards to be issued and RSUs at the beginning and end of the year:


	Informal share option arrangements			Management earnout shares		Sponsor earnout shares		SAP compensation		MSA compensation

At September 30, 2021		6,040,000			—		—		—		—
Granted during the year		300,000			—		—		—		—
Cancelled and forfeited during the year		(70,000	)		—		—		—		—
At September 30, 2022		6,270,000			—		—		—		—
Granted prior to the transaction		1,465,000			—		—		—		—
Cancelled and forfeited prior to the Business Combination		(200,000	)		—		—		—		—
Granted at the Business Combination		—			8,518,290		754,687		856,720		—
Adjustment at the Business Combination		(3,238,205	)		—		—		—		—
Granted after the Business Combination		—			—		—		—		72,114
Cancelled and forfeited after the Business Combination		(23,951	)		—		—		—		—
At September 30, 2023		4,272,844			8,518,290		754,687		856,720		72,114

At September 30, 2023 4,078,206 of the informal share options were vested. 3,022,298 of the share options outstanding at September 30, 2023 were exercisable at a price of $0.000022 per share, 1,123,382 were exercisable at a price of $0.78 per share and 127,164 were exercisable at a price of $2.13 per share.

Subsequent to September 30, 2023 the Company issued 1,995,857 Ordinary Shares pursuant to the exercise of an employee share option agreement. See Note 24 for further details.

The follow table presents key terms in relation to the informal share option arrangements:


	Weighted average exercise price		Weighted average remaining contractual life (in years)
At September 30, 2021	$	0.06
Granted during the year	$	0.45
Cancelled and forfeited during the year	$	0.45
At September 30, 2022	$	0.06
Granted prior to the Business Combination	$	0.64
Cancelled and forfeited prior to the Business Combination	$	1.15
At September 30, 2023	$	0.27		6.58

Movements in non-vested shares under informal share option arrangements were as follows:


	Number			Weighted average fair value at grant date
At September 30, 2021		3,930,000		$	0.27
Granted during the year		300,000		$	0.17
Vested during the year		(285,000	)	$	0.16
Cancelled and forfeited during the year		(70,000	)	$	0.16
At September 30, 2022		3,875,000		$	0.22
Granted prior to the Business Combination		1,465,000		$	0.59
Vested prior to or on the Business Combination		(4,743,750	)	$	0.33
Cancelled and forfeited prior to the Business Combination		(200,000	)	$	0.48
Adjustment at the Business Combination		(185,645	)	N/A
Vested after the Business Combination		(15,967	)	$	0.90
Cancelled and forfeited after the Business Combination		(23,951	)	$	0.88
At September 30, 2023		170,687		$	0.64

Fair value assessment

The following information was used in determining the fair value of share options and earnout shares granted during the year ended September 30, 2023:


	Informal share option arrangements1	Management earnout shares			Sponsor earnout shares			SAP compensation

Valuation method	Black Scholes	Monte Carlo			Monte Carlo			Monte Carlo
Exercise price	£0.35 - £0.95	$12.00 - $16.00			$14.00			$12.00 - $16.00
Expected volatility	46.0% - 54.4%		66.2	%		66.2	%		66.2	%
Dividend yield	Nil	Nil			Nil			Nil
Risk free interest rate	1.5% - 3.5%		3.6	%		3.6	%		3.6	%
Fair value	£0.39 - £0.55	$7.16 - $7.87			$7.54			$7.16 - $7.87

1All options were issued prior to the transaction and were therefore originally issued in GBP.

Expenses by Nature - Schedule of Expenses by Nature (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Analysis of income and expense [abstract]
Production expenses	$ 402,089	$ 65,538
Depreciation, amortization and impairments	464,370	249,087
Employee expenses	3,624,021	1,081,353
Marketing expenses	941,845	382,716
Professional fees	1,550,864	1,305,435
Other expenses	814,863	526,000
Total	7,798,052	3,610,129
Depreciation of property, plant and equipment and right-of-use assets	287,800	114,042
Impairment of property, plant and equipment and right-of-use assets	40,599
Amortization of intangible assets	136,489	135,045
Equity settled share based payment charge	$ 70,892,497	$ 362,364

Financial Instruments - Summary of Effect of Changes in Foreign Exchange Rates (Details) - 12 months ended Sep. 30, 2023	EUR (€)	THB (฿)	GBP (£)
5% Strengthening
Disclosure of detailed information about borrowings [line items]
Effect on profit before tax	€ 22,166	฿ 29,057	£ 363,722
Effect on equity	58,143	(51,168)	306,328
5% Weakening
Disclosure of detailed information about borrowings [line items]
Effect on profit before tax	(20,055)	(26,290)	(402,009)
Effect on equity	€ (59,883)	฿ 62,290	£ (338,573)

Segment information (Tables)

12 Months Ended

Sep. 30, 2023

Disclosure of geographical areas [abstract]

Summary Of Non-current Assets By Geographical Area

The Group's non-current assets by geographic location as at September 30, 2023 and September 30, 2022 were as follows:


(in USD)	September 30, 2023		September 30, 2022
Cayman Islands		2,661,418		—
Europe		463,442		250,569
Thailand		1,565,814		1,704,830
		4,690,674		1,955,399

Share-based Payments - Reconciliation of Outstanding Share Options, Earnout Shares, Share Awards to be Issued and RSUs (Details) - shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]
Ending Balance	3,022,298
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Beginning Balance	6,270,000	6,040,000
Granted	1,465,000	300,000
Cancelled and forfeited prior to the Business Combination	(200,000)	(70,000)
Adjustment at the Business Combination	(3,238,205)
Cancelled and forfeited after the Business Combination	(23,951)
Ending Balance	4,272,844	6,270,000
Management Earnout Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted at the Business Combination	8,518,290
Ending Balance	8,518,290
Sponsor Earnout Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted at the Business Combination	754,687
Ending Balance	754,687
SAP Compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted at the Business Combination	856,720
Ending Balance	856,720
MSA compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted at the Business Combination	72,114
Granted after the Business Combination	72,114
Ending Balance	72,114

Trade and Other Payables (Tables)

12 Months Ended

Sep. 30, 2023

Trade and other payables [abstract]

Summary of Trade and Other Payables

Trade and other payables comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Accounts payable and accrued liabilities		19,754,628		847,121
Other taxation and social security payable		114,590		10,892
Deferred income		15,299		23,111
Other payables		—		24,008
		19,884,517		905,132

Earnings Per Share (Tables)

12 Months Ended

Sep. 30, 2023

Earnings per share [abstract]

Schedule of Computation of Basic and Diluted Loss Per Share

The following table sets forth the computation of basic and diluted loss per share for the years ended September 30, 2023 and September 30, 2022:


	For the Year Ended September 30,
(in USD)	2023			2022
Loss for the year		(222,097,491	)		(3,577,590	)
Basic weighted average number of ordinary shares		47,765,200			39,348,147
Basic and diluted loss per ordinary share		(4.65	)		(0.09	)

Schedule of Computation of Diluted Loss Per Share Because Their Effects Would Have Been Anti-dilutive


	For the Year Ended September 30,
	2023		2022
Share options		4,296,795		3,957,499
Warrants		33,009,937		3,421,469
Management earnout shares		8,518,290		—
SAP earnout shares		683,720		—
Sponsor earnout shares		754,687		—
Total		47,263,429		7,378,968

Related Party Transactions - Additional Information (Details)	12 Months Ended
	Sep. 30, 2023 USD ($)
Executive officers
Disclosure of transactions between related parties [line items]
Share based payment charge	$ 51,438,565

Intangible Assets - Summary of Intangible Assets (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	$ 1,018,878	$ 1,221,299
Intangible assets, Ending balance	1,042,880	1,018,878
Gross Carrying Amount
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	1,266,863	1,358,733
Additions	141,849	55,712
Effect of movements in exchange rates	17,571	(147,582)
Intangible assets, Ending balance	1,426,283	1,266,863
Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	(247,985)	(137,434)
Amortization for the year	136,489	135,045
Effect of movements in exchange rates	(1,071)	(24,494)
Intangible assets, Ending balance	(383,403)	(247,985)
Development Costs
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	971,739	1,199,727
Intangible assets, Ending balance	882,026	971,739
Development Costs \| Gross Carrying Amount
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	1,210,873	1,333,030
Additions	18,186	19,960
Effect of movements in exchange rates	20,797	(142,117)
Intangible assets, Ending balance	1,249,856	1,210,873
Development Costs \| Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	(239,134)	(133,303)
Amortization for the year	129,668	129,473
Effect of movements in exchange rates	(972)	(23,642)
Intangible assets, Ending balance	(367,830)	(239,134)
Patents and trademarks
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	46,271	21,572
Intangible assets, Ending balance	47,144	46,271
Patents and trademarks \| Gross Carrying Amount
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	55,118	25,703
Additions	5,712	34,811
Effect of movements in exchange rates	1,221	(5,396)
Intangible assets, Ending balance	62,051	55,118
Patents and trademarks \| Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	(8,847)	(4,131)
Amortization for the year	6,144	5,568
Effect of movements in exchange rates	(84)	(852)
Intangible assets, Ending balance	(14,907)	(8,847)
Software
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	868
Intangible assets, Ending balance	113,710	868
Software \| Gross Carrying Amount
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	872
Additions	117,951	941
Effect of movements in exchange rates	(4,447)	(69)
Intangible assets, Ending balance	114,376	872
Software \| Accumulated Depreciation and Impairment Losses
Disclosure of detailed information about intangible assets [line items]
Intangible assets, Beginning balance	(4)
Amortization for the year	677	4
Effect of movements in exchange rates	(15)
Intangible assets, Ending balance	$ (666)	$ (4)

Loans and Borrowings - Additional Information (Details) $ / shares in Units, ฿ in Millions			12 Months Ended
	Aug. 02, 2023 THB (฿)	Apr. 14, 2023 USD ($)	Sep. 30, 2023 USD ($) $ / shares shares	Aug. 02, 2023 USD ($)	Dec. 16, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2020 THB (฿)	Sep. 30, 2020 USD ($)
Disclosure of detailed information about borrowings [line items]
Borrowings			$ 4,736,583			$ 47,361
Ordinary Shares
Disclosure of detailed information about borrowings [line items]
Number of shares through conversion from convertible loan note \| shares			1,528,159
Convertible Loan Notes
Disclosure of detailed information about borrowings [line items]
Interest rate					4.00%
Borrowings					$ 6,100,000
Promissory Notes
Disclosure of detailed information about borrowings [line items]
Interest rate	9.00%	15.00%		9.00%
Borrowings	฿ 20.0	$ 1,000,000	$ 548,222	$ 570,000
Repayment period	2024-08	2025-04
Promissory Notes \| CIIG
Disclosure of detailed information about borrowings [line items]
Interest rate			15.00%
Borrowings			$ 3,203,000
Warrant price \| $ / shares			$ 1
Warrants exercise price per share \| $ / shares			$ 11.5
Interest-free notes amount			$ 2,653,833
Notes amount with interest			479,167
Export-Import Bank of Thailand ("EXIM")
Disclosure of detailed information about borrowings [line items]
Borrowings			0
Export-Import Bank of Thailand ("EXIM") \| Revolving Loan Agreement
Disclosure of detailed information about borrowings [line items]
Short-term letters of credit							฿ 10.0	$ 274,520
Interest-Bearing Note
Disclosure of detailed information about borrowings [line items]
Borrowings			$ 497,135

Taxation - Summary of Reconciliation of Effective Tax Rate (Parenthetical) (Details)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Reconciliation of average effective tax rate and applicable tax rate [abstract]
Applicable tax rate	22.00%	20.31%

Other (Expenses)/Income

12 Months Ended

Sep. 30, 2023

Analysis of income and expense [abstract]

Other (Expenses)/Income

7. Other (expenses)/income

Other (expenses)/income comprised the following for the years ended September 30, 2023 and 2022:


	For the Year Ended September 30,
(in USD)	2023			2022
Fair value movements		(46,477,209	)		(62,687	)
Foreign exchange movements		14,868			394,072
Expenses relating to the Business Combination (see Note 6)		(167,316,087	)		—
Gain on early termination of leases		11,309			—
Profit on disposal of shares in associates		1,423			—
Sundry income		17,970			3,944
		(213,747,726	)		335,329

For the year ended September 30, 2023, fair value movements included $48,552,478 of losses on the revaluation of the Forward Purchase Agreements and gains of $2,039,723 on the revaluation of warrants accounted for as a financial liability (see Note 21).

Expenses related to the Business Combination represent cash-settled and equity-settled expenses recognized in connection with the Business Combination and are detailed in Note 6.

Share-based Payments - Determining the Fair Value of Share Options and Earnout Shares Granted (Details) - 12 months ended Sep. 30, 2023	$ / shares	£ / shares
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Valuation method	Black Scholes	Black Scholes
Informal Share Option Arrangements \| Bottom of Range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price \| £ / shares		£ 0.35
Expected volatility	46.00%	46.00%
Risk free interest rate	1.50%	1.50%
Fair value \| £ / shares		£ 0.39
Informal Share Option Arrangements \| Top of Range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price \| £ / shares		£ 0.95
Expected volatility	54.40%	54.40%
Risk free interest rate	3.50%	3.50%
Fair value \| £ / shares		£ 0.55
Management Earnout Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Valuation method	Monte Carlo	Monte Carlo
Expected volatility	66.20%	66.20%
Risk free interest rate	3.60%	3.60%
Management Earnout Shares \| Bottom of Range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price	$ 12
Fair value	7.16
Management Earnout Shares \| Top of Range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price	16
Fair value	$ 7.87
Sponsor Earnout Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Valuation method	Monte Carlo	Monte Carlo
Exercise price	$ 14
Expected volatility	66.20%	66.20%
Risk free interest rate	3.60%	3.60%
Fair value	$ 7.54
SAP Compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Valuation method	Monte Carlo	Monte Carlo
Expected volatility	66.20%	66.20%
Risk free interest rate	3.60%	3.60%
SAP Compensation \| Bottom of Range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price	$ 12
Fair value	7.16
SAP Compensation \| Top of Range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise price	16
Fair value	$ 7.87

Share Capital - Schedule of Issued and Fully Paid Share Capital (Parenthetical) (Details)	Sep. 30, 2023 $ / shares	Sep. 30, 2022 £ / shares
Ordinary Shares
Disclosure of share capital [line items]
Par value per share \| (per share)	$ 0.0001	£ 0.00001

Trade and Other Receivables

12 Months Ended

Sep. 30, 2023

Trade and other receivables [abstract]

Trade and Other Receivables

15. Trade and other receivables

Trade and other receivables comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Income tax receivable		460,738		—
Other taxation and social security receivable		123,214		115,056
Prepayments		396,190		30,425
Other receivables		281,558		49,707
		1,261,700		195,188

The income tax receivable represents payments on account of US tax liabilities.

Prepayments relate primarily to the Company's Directors' and officers' insurance policy.

Financial instruments - Summary of Financial Liabilities (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Disclosure of financial liabilities [line items]
Financial liabilities at amortised cost	$ 24,887,945	$ 1,175,938
warrents Outstanding	26,437,500
Financial liabilities at fair value through profit or loss	$ 603,028	323,864
Financial liabilities	25,490,973	1,499,802
Current	24,568,306	1,464,931
Non-current	922,666	34,871
Accounts payable and accrued liabilities
Disclosure of financial liabilities [line items]
Financial liabilities at amortised cost	19,754,628	795,762
Loans and borrowings
Disclosure of financial liabilities [line items]
Financial liabilities at amortised cost	4,736,583	47,360
Lease liabilities
Disclosure of financial liabilities [line items]
Financial liabilities at amortised cost	396,734	332,816
Warrants
Disclosure of financial liabilities [line items]
Financial liabilities at fair value through profit or loss	$ 603,028	$ 323,864

Loans and Borrowings

12 Months Ended

Sep. 30, 2023

Borrowings [abstract]

Loans and Borrowings

17. Loans and borrowings

Loans and borrowings comprised the following at September 30, 2023 and September 30, 2022:


(in USD)	September 30, 2023		September 30, 2022
Current
Bank loans		14,527		12,490
Promissory notes		3,699,190		—
		3,713,717		12,490
Non-current
Bank loans		22,866		34,871
Promissory notes		1,000,000		—
		1,022,866		34,871
		4,736,583		47,361

The carrying value of loans and borrowings classified as financial liabilities measured at amortized cost approximates fair value. See Note 21.

Convertible loan notes

Between November 11, 2022 and December 16, 2022 the Group issued a number of convertible loan notes with an aggregate principal value of $6,100,000 bearing interest at a rate of 4%, payable in kind. Upon closing of the Business Combination, these notes were converted into a total of 1,528,159 Ordinary Shares and the liabilities extinguished.

Promissory notes

On April 14, 2023 the Company issued a promissory note with a value of $1.0 million which bears interest at a rate of 15.0% per annum and is repayable in April 2025.

Upon closing of the Business Combination, the Group assumed obligations under promissory notes issued by CIIG II totalling $3,203,000. Each note is convertible to warrants at a price of $1.00 per warrant to purchase Ordinary Shares at a price of $11.50 per warrant and is repayable in April 2024 unless the holder elects to convert. Of the notes, $2,653,833 are interest-free and $479,167 bear interest at a rate of 15.00% per annum, payable quarterly in kind. At September 30, 2023, $497,135 was outstanding under the interest-bearing note.

On August 2, 2023 the Company issued a promissory note with a value of THB 20.0 million (approximately $570,000 at the date of issuance) which bears interest at a rate of 9.0% per annum and is repayable in August 2024. At September 30, 2023 the amount outstanding on this note was $548,222.

Other

The Group entered into a revolving loan agreement with The Export-Import Bank of Thailand ("EXIM") in September 2020 providing for the issuance of short-term letters of credit and/or trust receipts up to an aggregate amount of THB10.0 million (approximately $274,520) for the purposes of purchase orders and production orders. As at September 30, 2023, no amounts were outstanding under the EXIM Facility.

Share-based Payments - Additional Information (Details)		1 Months Ended	12 Months Ended
Share-based Payments - Additional Information (Details)	Apr. 28, 2023 shares Days $ / shares	Jun. 30, 2023	Sep. 30, 2023 shares $ / shares	Oct. 01, 2023 shares	Apr. 26, 2023 shares	Sep. 30, 2022 shares £ / shares	Sep. 30, 2021 shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Description of method of settlement for share-based payment arrangement			The options are considered to be equity-settled share-based payment arrangements and have a maximum term of up to ten years from the date of grant. Until optionholders acquire the Ordinary Shares upon exercise of such options, they have no rights with respect to the Ordinary Shares.
Maximum term of equity-settled share-based payment arrangements			10 years
Description of vesting requirements for share-based payment arrangement			The options generally vest based on the following conditions:•Listing success, which is considered a non-market performance condition;•Fully vested at grant date; or•A two- or three-year vesting period, which is considered a service condition.
Shares issued			3,741,424		6,567,814
Number of informal share option vested in share-based payment arrangement			4,078,206
Number of share options outstanding in share-based payment arrangement			3,022,298
Weighted average exercise price of share options exercisable in share-based payment arrangement \| $ / shares			$ 0.000022
Ordinary Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Par value per share \| (per share)			$ 0.0001			£ 0.00001
Ordinary Shares \| Major Ordinary share Transactions
Disclosure of terms and conditions of share-based payment arrangement [line items]
Shares issued				1,995,857
Management Earnout
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted			8,518,290
Management Earnout \| Zapp \| Ordinary Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted	8,518,290
Number of trading days \| Days	20
Number of consecutive trading day period \| Days	30
First Earnout Condition \| Zapp \| Ordinary Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Par value per share \| $ / shares	$ 12
Second Earnout Condition \| Zapp \| Ordinary Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Par value per share \| $ / shares	14
Third Earnout Condition \| Zapp \| Ordinary Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Par value per share \| $ / shares	$ 16
Sponsor Earnout
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted			754,687
Sponsor Earnout \| CIIG \| Ordinary Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of trading days \| Days	20
Number of consecutive trading day period \| Days	30
Par value per share \| $ / shares	$ 14
Number of shares unvested	754,687
SPAC Advisory Partners Compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted			856,720
Number of management earnout shares			6,837,202
Percentage of management earnout			10.00%
Percentage of charge recognised on management earnout			10.00%
SPAC Advisory Partners Compensation \| Ordinary Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued	173,000
Par value per share \| $ / shares	$ 8.75
Number of additional ordinary shares percentage	10.00%
Marketing Services Agreement Compensation
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares granted			72,114
Vest periodically over a period		6 months
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share options outstanding in share-based payment arrangement			4,272,844			6,270,000	6,040,000
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average exercise price of share options exercisable in share-based payment arrangement \| $ / shares			$ 0.78
Number of share options exercisable in share-based payment arrangement			1,123,382
Informal Share Option Arrangements
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average exercise price of share options exercisable in share-based payment arrangement \| $ / shares			$ 2.13
Number of share options exercisable in share-based payment arrangement			127,164
Bottom of Range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Options vesting period			2 years
Top of Range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Options vesting period			3 years

Earnings Per Share - Schedule of Computation of Diluted Loss Per Share Because Their Effects Would Have Been Anti-dilutive (Details) - shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of instruments with potential future dilutive effect not included in calculation of diluted earnings per share [line items]
Total	47,263,429	7,378,968
Share Options
Disclosure of instruments with potential future dilutive effect not included in calculation of diluted earnings per share [line items]
Total	4,296,795	3,957,499
Warrants
Disclosure of instruments with potential future dilutive effect not included in calculation of diluted earnings per share [line items]
Total	33,009,937	3,421,469
Management Earnout Shares
Disclosure of instruments with potential future dilutive effect not included in calculation of diluted earnings per share [line items]
Total	8,518,290
SAP Earnout Shares
Disclosure of instruments with potential future dilutive effect not included in calculation of diluted earnings per share [line items]
Total	683,720
Sponsor Earnout Shares
Disclosure of instruments with potential future dilutive effect not included in calculation of diluted earnings per share [line items]
Total	754,687

Investments in Associates - Summary of Recognized Profit on Disposal of Shares in Associates (Details) - USD ($)		12 Months Ended
	Mar. 28, 2023	Sep. 30, 2023
Disclosure of associates [line items]
Gain on disposal of shares in associate		$ 1,423
Zapp Scooters Thailand Company Limited
Disclosure of associates [line items]
Proceeds on disposal	$ 1,423
Gain on disposal of shares in associate	$ 1,423

Inventories (Tables)

12 Months Ended

Sep. 30, 2023

Classes of current inventories [abstract]

Summary of Inventories


(in USD)	September 30, 2023		September 30, 2022
Raw materials		432,744		57,404
Work in progress		58,633		—
Goods in transit		—		2,185
Finished goods		74,849		52,145
		566,226		111,734

Finance Income and Expense

12 Months Ended

Sep. 30, 2023

Analysis of income and expense [abstract]

Finance Income and Expense

. Finance income and expense

Finance income and expense comprised the following for the years ended September 30, 2023 and 2022:


	For the Year Ended September 30,
(in USD)	2023			2022
Finance income
Interest on bank deposits		9,292			2,693
Total finance income		9,292			2,693
Finance expense
Interest on convertible notes		(409,561	)		(266,498	)
Interest on loans and borrowings		(103,605	)		(1,512	)
Interest on lease liabilities		(39,402	)		(9,719	)
Other interest payable		(8,437	)		(27,754	)
Total finance expense		(561,005	)		(305,483	)

Finance income represents interest income. Finance expense consists primarily of interest on convertible loans and other borrowings (see Note 17) and the unwinding of discounting on leases and other financial liabilities (see Note 18).

Reporting Entity - Additional Information (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Apr. 28, 2023	Apr. 26, 2023	Sep. 30, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]
Name of reporting entity or other means of identification	Zapp Electric Vehicles Group Ltd
Country of incorporation	Cayman Islands
Address of entity's registered office	190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands
Principal place of business	87/1 Wireless Road, 26/F Capital Tower, All Seasons Place, Lumpini, Patumwan, Bangkok 10330, Thailand
Date of acquisition	Apr. 28, 2023
Total number of shares issued	3,741,424		6,567,814
Principal activity description	The Group’s principal activity is the design, manufacture and sale of electric vehicles.
Exchange of shares for ordinary shares		41,296,259
Warrants issued	29,858,969
Issued capital	$ 5,790			$ 940
Zapp Convertible Loan Notes
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exchange of shares for ordinary shares		871,428
Issued capital		$ 6,100,000
CIIG II Class A common stock
Disclosure of terms and conditions of share-based payment arrangement [line items]
Par value per share		$ 0.0001
CIIG II Class B common stock
Disclosure of terms and conditions of share-based payment arrangement [line items]
Par value per share		$ 0.0001
Zapp EV Exchange Options
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share options vested		4,082,240
Exchange of shares for ordinary shares		4,410,844
Zapp UK warrants issued
Disclosure of terms and conditions of share-based payment arrangement [line items]
Warrants issued		6,000,000
Zapp EV Exchange Warrants
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share options vested		3,412,469
Exchange of shares for ordinary shares		6,000,000
Zapp EV Ordinary Shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total number of shares issued		28,750,000
Exchange of shares for ordinary shares		7,187,500
Number of shares unvested		754,687

Finance Income and Expense (Tables)

12 Months Ended

Sep. 30, 2023

Analysis of income and expense [abstract]

Summary of Finance Income and Expense

Finance income and expense comprised the following for the years ended September 30, 2023 and 2022:


	For the Year Ended September 30,
(in USD)	2023			2022
Finance income
Interest on bank deposits		9,292			2,693
Total finance income		9,292			2,693
Finance expense
Interest on convertible notes		(409,561	)		(266,498	)
Interest on loans and borrowings		(103,605	)		(1,512	)
Interest on lease liabilities		(39,402	)		(9,719	)
Other interest payable		(8,437	)		(27,754	)
Total finance expense		(561,005	)		(305,483	)

Expenses Relating to the Business Combination - Schedule of Significant Costs in Connection with the Business Combination (Details)	12 Months Ended
	Sep. 30, 2023 USD ($)
Disclosure of detailed information about business combination [line items]
Expenses relating to the business combination, cash-settled	$ 9,146,063
Expenses relating to the business combination, equity-settled	158,170,024
Expenses relating to the business combination	167,316,087
Professional fees
Disclosure of detailed information about business combination [line items]
Expenses relating to the business combination, cash-settled	9,146,063
Expenses relating to the business combination, equity-settled	6,845,953
Expenses relating to the business combination	15,992,016
Share-based payment expense on management earnout
Disclosure of detailed information about business combination [line items]
Expenses relating to the business combination, equity-settled	64,082,445
Expenses relating to the business combination	64,082,445
Share-based payment expense on sponsor earnout
Disclosure of detailed information about business combination [line items]
Expenses relating to the business combination, equity-settled	5,690,340
Expenses relating to the business combination	5,690,340
Share-based payment expense on acquisition of CIIG
Disclosure of detailed information about business combination [line items]
Expenses relating to the business combination, equity-settled	81,551,286
Expenses relating to the business combination	$ 81,551,286

Leases - Schedule of Amounts Recognized in Statement of Profit or Loss in Lease Agreements (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Leases [abstract]
Depreciation expense on right-of-use assets	$ 119,775	$ 34,065
Interest on lease liabilities	39,402	9,719
Total amounts recognized in profit or loss	$ 159,177	$ 43,784

Inventories

12 Months Ended

Sep. 30, 2023

Classes of current inventories [abstract]

Inventories

14. Inventories


(in USD)	September 30, 2023		September 30, 2022
Raw materials		432,744		57,404
Work in progress		58,633		—
Goods in transit		—		2,185
Finished goods		74,849		52,145
		566,226		111,734

Raw materials includes a provision for obselete inventory of $5,706. The gross carrying value of inventory is $571,932.

Expenses by Nature (Tables)

12 Months Ended

Sep. 30, 2023

Analysis of income and expense [abstract]

Schedule of Expenses by Nature

Total selling and distribution expenses, and general and administrative expenses for the years ended September 30, 2023 and 2022 included expenses of the following nature:


	For the Year Ended September 30,
(in USD)	2023		2022
Production expenses		402,089		65,538
Depreciation, amortization and impairments		464,370		249,087
Employee expenses		3,624,021		1,081,353
Marketing expenses		941,845		382,716
Professional fees		1,550,864		1,305,435
Other expenses		814,863		526,000
Total		7,798,052		3,610,129