SOURCE: Green Automotive Company Inc.

October 04, 2010 09:00 ET

Daniel Elliott Joins Green Automotive Board of Directors

DALLAS, TX--(Marketwire - October 4, 2010) -  Green Automotive Company Corporation (PINKSHEETS: GACR) announced today that the Company has added Daniel J. Elliott to the Board of Directors.

Daniel J. Elliott, an 18 year veteran of sustainable energy, brings extensive experience and technical depth to advanced vehicle development, production and marketing. Elliott began his career in 1991 working on the Ecostar battery electric vehicle of the Ford Motor Company.

Mr. Elliott was the previous CEO of Phoenix Motorcars, Inc., one of the early entrants in the Electric Vehicle segment of the U.S. automotive industry. While with Phoenix Motorcars Mr. Elliott generated private equity investments in excess of $35 million, created a management team of nationally recognized automotive professionals, developed 10 fully functional prototype vehicles. When Mr. Elliott left Phoenix Motorcars in 2009, the company had a $40 million backlog of vehicle orders from public and private fleet operators, including NASA, PG&E, the U.S. Department of Corrections, the State of California, Maui Electric Corporation, the U.S. Military/TARDEC, and many other public and private fleets.

While serving as CEO of Phoenix Motorcars, Mr. Elliott was invited to the White House to meet directly with then US President George W. Bush and Energy Secretary Sam Bodman to provide advice and discuss his experience with the President's technical experts regarding electric vehicles, and specifically Lithium Battery technology applications to the emerging Electric Vehicle segment within the U.S., closing with the President personally evaluating one of the Phoenix SUT Electric Vehicles at the White House.

Mr. Elliott established the technology and position of the electric Phoenix SUT for fleet applications. Phoenix Motorcars was named as number 3 of the Fast 50 Companies in Fast Company Magazine for 2007, was awarded the US Department of Energy, the Energy Innovators Award for 2008. Elliott secured capital term sheets from Kleiner Perkins Caufield & Byers, AES Corporation, Al Yousuf LLC, Visionary Vehicles and others. Elliott ultimately secured capital from AES Corporation, Al Yousuf LLC & one non-disclosed investor.

Elliott became very interested in electric vehicle technology from his time on the Ecostar project and focused the next 18 years of his career working within the electric vehicle field. Further Elliott has worked extensively with supportive technologies, realizing that the electric vehicle, grid and associated power generation and controls must be viewed as a total transportation system.

During his career, Elliott has worked in engineering, sales, business development, management and executive level positions within the automotive and battery industries. This work has spanned North America, Europe, Middle East, Japan, South Korea and China.

Prior to Phoenix Motorcars Mr. Elliott worked for Roush Industries, a global engineering leader, where he was assigned responsibilities to work with several major vehicle manufacturers and first tier suppliers on vehicle development, including with Ford Motor Company on the Electric Ranger Pickup Truck. Mr. Elliott then went on to extensive involvement on the EV US Postal Van, Th!nk City Electric Vehicle, Fuel Cell Focus, Escape Hybrid and Honda Civic Hybrid vehicles.

As well as electric vehicle technology, Mr. Elliott has been involved in several advanced systems vehicle development programs including an Israeli Military Vehicle working with EG&G Astrophysics for all chassis engineering and sub-systems support engineering, and has worked on projects with Ford Motor Company, DaimlerChrysler, Honda R&D, Nissan, Mitsubishi, SiemensVDO, Delphi, Magna Steyr, Bosch and others. This included project engineering, supervision, engineering management and project oversight.

Mr. Elliott holds a B.S. in Mechanical Engineering and a B.S. in Environmental Management.

About Green Automotive Company Inc:
Green Automotive Company is a U.S. public company and the exclusive importer/distributor of Zotye Electric Cars/SUV's to North America. The company's shares are traded on the Pink Sheets under the symbol (GACR).

For More Info visit www.usaelectricauto.com or write to: sfly@usaelectricauto.com

Safe Harbor Statement - This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Green Automotive Company Inc., does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Contact Information

  • For Further Information:
    Green Automotive Company Inc.
    Email Contact