|[December 20, 2013]
CEO of Green Automotive, Ian Hobday, Reviews 2013
RIVERSIDE, Calif. --(Business Wire)--
Automotive Company's (OTCQB: GACR),
CEO, Ian Hobday, is highlighting the major achievements of the company
in 2013 as the year draws to a close. Green Automotive acquired Newport
Coachworks in late 2012 and opened the doors to its factory in
February this year. "Right now we're building bus number 41, which is an
incredible achievement by Carter Read and his team. Most of the buses
we've built have been pre-sold and we continue to ramp up production
having recently commissioned our new CNC machine. This takes out 90
hours of labour per week from our processes!"
"In Europe our Liberty
EV business, which is over 7 years old (and ancient by EV standards)
continues to grow. Having been involved in this business since day 1,
originally as an investor, I've seen it row from a powerpoint
presentation into one of the leading EV technology businesses: From
world's first electric 4x4, the zero emission Range Rover, we
continue to participate in major projects from the European Union such
as the Epsilon
contract which we recently added to our Motore and Deliver projects.
Working in partnership with major players in the automotive sector such
as Volkswagen, Fiat, Michelin this keeps us at the forefront of next
generation EV developments. In addition, our team has developed specific
expertise in refurbishing EV batteries, essential to extend the working
life of electric vehicles."
"Our Goingreen business which looks after over 1000 electric vehicles in
and around London, continued to generate sales of used versions of the
ever popular G-Wiz, whilst recently adding the amazing Mia electric city
car to its portfolio of electric bikes, vans and trucks. We've already
first 10 Mia's and they arrived on a delivery truck from the
manufacturer on the 19th December - Nice Christmas presents
for some lucky new owners!"
"We continue to explore consolidation opportunities in the emerging EV
sector and it is here that the experience of our CFO Darren West has
"With the development of our first electric shuttle bus well underway at
Newport Coachworks and plans for the launch at the Las Vegas show in
February, we have built a solid foundation for our company in 2013, that
we expect to be followed by strong growth throughout 2014. All of this
has only been possible thanks to the support of our shareholders and
investors and we thank them for their continued loyalty.
About Green Automotive Company visit www.thegreenautomotivecompany.com.
Forward Looking Statements - This release includes forward-looking
statements. For a copy of the Company's full statements regarding
forward-looking statements please click here Safe
Harbor Statement » Green Automotive Company
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