N@N

Green Automotive To Begin All-Electric SUV Impact Testing

^{Published on 2011-05-17 11:25:59 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--Green Automotive Company Corporation (OTC:GACR) last night confirmed its initiation of a 20 MPH FMVSS 214 Oblique Pole Side Impact test on its All-Electric SUV, and plans to continue testing as part of the Federal Motor Vehicle Safety Standards testing required before the Companya™s planned launch of its All-Electric vehicle line late this year.

"With the full support of the vehicle manufacturer, and working closely with the test facility, the engineers at Roush Industries plan to complete the additional vehicle preparation, work quickly and in time to perform the side impact test the first week in June"

Green Automotive and vehicle manufacturer representatives met with Roush Industries' engineers late last week to discuss and to assist with preparations of the SUV for the initial test, the Oblique Pole Side Impact test. As a result, it was determined that additional preparation work will need to be done to ensure the vehicle meets all of the pre and post test criteria mandated by the testing facility. "With the full support of the vehicle manufacturer, and working closely with the test facility, the engineers at Roush Industries plan to complete the additional vehicle preparation, work quickly and in time to perform the side impact test the first week in June," said Ben Rainwater, Green Automotivea™s on-site Consultant.

"While this short delay was a surprise, our testing time-line has several weeks built-in for contingencies like this,a said Fred Luke, President of Green Automotive, aso I dona™t expect this to be any more than a minor interruption in our ongoing vehicle testing and evaluation efforts necessary for the launch of the SUV by year-end. We are anxious to get through these tests as quickly as possible, but our first priority is to ensure all of the data collected is accurate and complete, and that the tests are conducted safely and in full accordance with all of the FMVSS criteria.a

About Roush Industries. Roush Industries is a premier provider of automotive engineering and systems integration solutions, with over 2,500 employees in facilities around the world. The broad scope of engineering expertise at Roush, which includes areas such as advanced composites, body design and engineering, paint and trim services, fabrication and instrumentation, positions the Company to provide seamless support during the entire vehicle testing cycle. Visit Roush Industries at [ www.roush.com ].

About Green Automotive Company: Green Automotive Company Corporation is U.S. public company involved in the import and distribution of Eco-friendly vehicles in the U.S. The Company has an exclusive importer/distributor agreement to market the All-Electric SUV and MPV All-Electric vehicles throughout the United States. The Company's shares are on the OTC Market Tier--OTC Pink Current under the symbol "GACR". Visit [ www.usaelectricauto.com ] or write to [ info@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 Corporation incorporates by reference its disclosure and financial statements posted on [ www.otcmarkets.com ], and 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.