Zotye, totally Electric SUV; 250 mi range

a max speed of 70 MPH, a maximum range of up to 250 miles on a single charge.
Marketwire SOURCE: Green Automotive Company July 12, 2010 – Green Auto Signs Ten Dealer Agreement

DALLAS, TX–(Marketwire – July 12, 2010) – Green Automotive Company Inc. (PINKSHEETS: GACR) announced today that the company signed a Ten Store Contract with the Rohrman Auto Group (www.rohrman.com) ranked as the number 15th largest Auto Dealer Groups in America, with over 36 dealerships in operation.

The Company’s new dealer program requires a minimum monthly quota of 20 new SUV purchases per month. If all ten locations hit their target, this could lead to gross volume of 2,400 SUV’s and gross sales of $66,000,000. The Company will also be producing new innovative marketing and Dealer Traffic Programs to drive new sales to each dealer.

The new consumers plan “Build Your SUV” Program — is being tested and will be uploaded soon through their new modified website; www.usaelectricauto.com and expanding their distribution and sales model to now allow Consumers Options such as Theme Wraps, Custom Wheels, Interior Combinations and Electronics. Once a Consumer completes their design the new SUV should be available for delivery within 180 days. Partial payments of $995.00 start the process.

The recent success of Green Auto exhibiting the new all-electric SUV at the Barrett-Jackson Auto Show in Orange County, CA during June 25-27 2010 brought out thousands of auto enthusiasts, dealers, members of the media, investment bankers and a very high profile list of celebrities to include Government Officials.

The Zotye Electric SUV Vehicle comes standard with: Leather seating, Navigation, Back up camera, A/C & Heat, Power windows/ locks, DVD Audio System, Integrated electric system monitoring screen, Regular On Board Charging and fast charging port, Automatic transmission (8:1 ratio), Five Door 4 seats, Electric SUV (Lithium Ion Battery) Max Speed: up to 70 mph, with a range of up to 250 miles. The Vehicle comes with a 3 Year /36,000 Mile Warranty and a 185,000 mile warranty on the battery. Info: 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 visit; www.usaelectricauto.com

Chinese Zotye Electric SUV Comes To America – by Nino Marchetti, July 6th, 2010

Auto importer Green Automotive Company has debuted what it says the first all electric sports utility vehicle (SUV) in America. The company is exclusively importing to our shores from Chinese auto manufacturer Zotye a SUV that is rated 0 to 60 in 9.5 seconds and drives a maximum range of up to 250 miles on a single charge.

The Zotye SUV, according to Green Automotive, looks like it will be available through a network of dealers across the country being developed by EVCarCo. The importer said interested consumers will be able to customize the vehicle via a $995 deposit. These customization options will include “theme wraps, interior combinations, electronics and custom paint.” Once the customization is done the SUV will be available for delivery within 120 days.

Features of the Zotye will include a max speed of 70 MPH, front wheel drive, a 27 kW DC motor, A/C. heat, power windows, power locks, a DVD audio system, an integrated electric system monitoring screen and both regular and fast charging support. The vehicle will seat four and has five doors.

“We think electric vehicles are finally here to stay and the market is ready for them,” said Dale Long, EvCarco Founder & CEO, in a statement. “And, we love the quality of the Zotye. Green Automotive is not only on the right course, but way ahead of the competition in my view.”

Green Automotive Signs 10-Year Extension with Zotye as Exclusive US Agency for New All-Electric SUV “under $35K”

Dec. 22, 2010
Agreement includes Joint Venture for final assembly plant stateside

DALLAS–Green Automotive Company Corporation (Pink Sheets:GACR) announces signing a 10-year extension to their Exclusive Sole Agency Agreement with China-based Zotye. The detailed agreement includes a joint venture target in 2012 whereas Zotye and Green Auto anticipate opening a plant in the States for final assembly of the all-electric SUV. Mr. Wu Aibing from Zotye will work directly with Green Auto on this project in the U.S.

Green Auto signed the Agreement in Shanghai after a week of talks in China with Zotye, auto industry, and battery industry executives. Dan Elliott, CEO Green Auto, states, “A whirlwind visit to four cities in five days with numerous meetings was quite successful for Green Auto. We have obviously proven our ability to capture market share in the U.S. by landing this huge 10-year extension. We are going to be their sole agent in the States for the next decade. This partnership is significant to Green Auto and Zotye; they are as excited about this as we are. More importantly, it will have a broad effect on job creation both here and in China as the first high quality Chinese vehicles enter the premier U.S. market.”

“Green Auto together with Zotye will work to open a final assembly plant in the States under the Joint Venture. Zotye agrees with us: once the assembly line starts producing all-electric SUVs, once they hit the road, we can begin to realize our plan for high-end Green vehicles becoming the norm in the U.S. The Company expects our under $35K attractive all-electric SUV to be the most popular on the road because of its performance, mileage radius, and dealer focus,” notes Ben Rainwater, COO Green Automotive.