Green Automotive Co Corp (fka GACR)

[insideinfo80]

Green Auto Orders Cars for Independent EPA/DOT Compliance Testing

New 100% Electric SUV Set for Crash Test

DALLAS, TX, Aug 24, 2010 (MARKETWIRE via COMTEX) -- Green Automotive Company, Inc. (PINKSHEETS: GACR) announced today that the company has ordered ten All Electric Sport Utility Vehicles (SUV) from the manufacturer Zotye in China for the purpose of having an independent lab provide the EPA/DOT Certification and Compliance (also referred to as "Crash Testing").
The National Highway Traffic Safety Administration has a legislative mandate under Title 49 of the United States Code, Chapter 301, Motor Vehicle Safety, to issue Federal Motor Vehicle Safety Standards (FMVSS) and Regulations to which manufacturers of motor vehicle and equipment items must conform and certify compliance. FMVSS 209 was the first standard to become effective on March 1, 1967. A number of FMVSS became effective for vehicles manufactured on and after January 1, 1968. Subsequently, other FMVSS have been issued. New standards including 305 for All Electric Vehicles and amendments to existing standards are published in the Federal Register.

These Federal safety standards are regulations written in terms of minimum safety performance requirements for motor vehicles or items of motor vehicle equipment. These requirements are specified in such a manner "that the public is protected against unreasonable risk of crashes occurring as a result of the design, construction, or performance of motor vehicles and is also protected against unreasonable risk of death or injury in the event crashes do occur." For more info on the EPA/DOT Compliance and Title 49 Certification please visit; http://www.nhtsa.gov/cars/rules/import/fmvss/index.html

Steven Fly said, "We have been working diligently with the factory in China as well as with our new USA Dealers to fine tune any changes before the first round of SUV's are ordered and put through the series of FMVSS testing procedures. This (crash testing) is the final step of our due diligence before the SUV's become available for sale throughout America. It is important for Consumers to understand that the EPA/DOT safety compliance is Green Automotives' number one priority in putting a safe and reliable vehicle on the highways of North America."

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: (www.zotye-ev.com).

About Green Automotive Company, Inc.: Green Automotive Company is an import/distributor of Electric Vehicles 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