SOURCE: Green Automotive Company

Green Automotive Company

December 06, 2010 09:00 ET

Green Automotive Adds Industry Veterans to Team

DALLAS, TX--(Marketwire - December 6, 2010) - Green Automotive Company Corporation (PINKSHEETS: GACR) announced today that the Company has hired industry veterans in vehicle compliance and certification to ensure we remain on track as we prepare the Zotye Electric SUV for sale in the USA.

Heading up the team of compliance experts is David Edgar, Yooncho Park and Julia Winter with a combined 60 years of automotive safety and emission certification experience. Chairman and CEO of Green Automotive, Dan Elliott, stated, "We are excited to have David, Yooncho and Julia lead our company efforts for vehicle compliance. These three together represent a powerhouse of experience and knowledge that is certainly first tier and will ensure our product represents the best the industry has to offer."

David Edgar comes to Green Automotive with 18 years of experience in automotive and battery development. Popular vehicles from Ford Motor Company, Chrysler and others have been under the development guidance of Mr. Edgar. These vehicles include working with the Ford GT, Ford Electric Ranger Pickup, Dodge Intrepid and many other conventional and electric or hybrid electric vehicles. Mr. Edgar has extensive experience in lithium ion batteries for vehicles. Mr. Edgar served as the General Manager for Microvast, Inc., a lithium ion battery manufacturer providing battery systems to China Auto Manufacturer FAW/Volkswagen.

Yooncho Park, previously Chief Engineer for both Daewoo and Hyundai, brings more than two decades of direct experience in vehicle compliance and certification. Mr. Park has been the lead on North American compliance for many vehicles in the General Motors lineup as well as Hyundai and Suzuki. With a robust background in electric vehicles, propane, natural gas and gasoline powered vehicles, Mr. Park is fully prepared to continue his successful career in working with the Zotye Electric SUV and many other future vehicles in the Green Automotive family.

Julia Winter, with 17 years' experience in automotive and manufacturing environments, joins our team to ensure our full documentation compliance with all Federal and State regulators. Ms. Winter, well known to the NTHSA, EPA, CARB and other government agencies, has extensive background in vehicle compliance, including projects for Hyundai, General Motors Daewoo and Phoenix Motorcars.

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

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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.

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