SOURCE: Green Automotive Company Inc.

Green Automotive Company Inc.

September 20, 2010 09:00 ET

Zotye China Tour USA for Potential Plant

Green Auto Electric SUV Could Be an American Manufactured Vehicle

DALLAS, TX--(Marketwire - September 20, 2010) -  Green Automotive Company Inc. (PINKSHEETS: GACR) announced today that the company recently hosted a special USA visit with top executive delegates from Zotye International China that toured a number of facilities in the State of California, Texas and New York for potential sub manufacturing facilities of the all-new all-electric Sport Utility Vehicle (SUV).

According to Mr. Wu Aibing, spokesperson for Zotye China, "We are very committed to the USA market of our Electric Vehicles and our future with Green Auto. We recently completed a VIP tour of several cities in the USA where we are exploring the possibility of establishing a USA Manufacturing facility for our vehicles. We understand the importance of creating new jobs in America and the pride of products having the stamp of 'Made in the USA' and hope to accomplish this here."

Steven Fly said, "We have been working diligently with the factory in China as well as our USA Dealers to determine the optimal method of manufacturing and distribution and I am excited at the steps that our manufacturing partners in China are making to help streamline this process and increase our efficiency." Fly added, "There are still great state and federal opportunities here in America and we are exploring all options to determine the next best step for the company, its shareholders, dealers and consumers awaiting the delivery of our Electric Vehicles."

In a May 2010 report published in Energy Business, titled, "Future of Electric Vehicles: Technology, Infrastructure Developments and Outlook" key findings from this report included:

- The IEA group believes the number and type of hybrid electric cars available to the market will grow substantially through to 2015, which will accelerate sales, albeit from this modest base. In its 2009 outlook, the IEA states that by 2012, global hybrid electric vehicle sales may reach 2.2m units

- Major corporations such as Coca-Cola, AT&T, FedEx and Walmart all now include hybrids in their vehicle fleets, as do forward thinking utilities such as Tokyo Electric Power Corporation

- Dozens of new hybrids and pure electric vehicles are to hit the market during the 2010-2014 window, from commercial manufacturers such as Renault, which is launching a full range of passenger cars

- Electric vehicle costs are falling. In the US, the base model Nissan Leaf, with federal tax credits, plus a home charging station installation, will cost $26,380, although this could drop to $21,380 in California, with an extra $5,000 state rebate

- The administration of President Obama in the US has called for 1m plug-in electric drive vehicles on US roads by 2015, which would require significant upgrading to the electric vehicle infrastructure

Copy of the Report can be obtained at;
http://energybusinessreports.com/shop/Future-of-Electric-Vehicles-Technology-Infrastructure-Developments-and-Outlook.html?v=1&itemid=3203&ref=ebd

The Zotye All-Electric SUV comes Standard with: State of the art Lithium Ion Batteries, Leather Seating, A/C & Heat, Power windows/Power locks, DVD Audio System with Navigation and Back up Camera, Battery Management System, Regular On Board Charging and fast charging port, Automatic transmission (8:1 ratio), Five Door Seats 4, Max Speed: up to 70 mph, with a range of up to 150 miles. The Vehicle also comes with a 3 year 36,000 mile warranty. Info: (http://www.zotyeglobal.com/).

About Green Automotive Company Inc.:
Green Automotive Company is an import/distributor of Electric Cars/SUV's to North America. More info: www.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.

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