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NEWPORT BEACH, Calif.--([ BUSINESS WIRE ])--Green Automotive Company (OTC:GACR) announced today that it has identified and is proceeding with negotiating terms on its planned Vehicle Assessment Center in Shanghai and, by year end, intends to lease and begin staffing the facility.

"This up-coming trip to China will be followed by periodic trips during the first quarter of next year to monitor the Companyas progress on the build-out of the new facility and follow-up meetings with vehicle manufacturers."

According to Mr. Fred Luke, Green Automotive President, aCompany Director Ben Rainwater will return to China in mid December to decide on the optimal location for our GAC Vehicle Assessment Center. Together with Mr. Jack Tian, the Companyas Chief Representative for China and Vice President of China Operations, Mr. Rainwater will also be meeting with other notable China-based vehicle manufacturers who are developing electric vehicles and who have expressed a strong interest in distributing their products in North America, including the manufacturer of the all-electric mini-van, also referred to as a multi-purpose vehicle or aMPV.aa

As the Company announced in September, the Shanghai Vehicle Assessment Center will be managed by the Company's subsidiary, GAC Automotive Services, and will be opened under the name aGAC Vehicle Assessment Centera to perform Phase 1 - Vehicle Assessment and other evaluation work on Chinese manufactured vehicles, and to advise the manufacturers on how best to proceed with vehicle development necessary to meet U.S. Federal Motor Vehicle Safety Standards prior to shipping vehicles to the U.S. for further testing.

aAs I stated in September,a said Mr. Rainwater, aI believe that a Company facility in the Shanghai area should increase our presence and make an important statement to the Chinese vehicle manufacturers with whom Jack Tian and I have been meeting, that we fully intend to be in a position very soon to assess and deliver additional services related to their vehicles at a more efficient cost. I further believe that this on-the-ground presence will greatly assist us in the development of potential business partnerships with other Chinese automobile manufacturers and other automotive-related service companies.a

According to Mr. Luke, aThis up-coming trip to China will be followed by periodic trips during the first quarter of next year to monitor the Companyas progress on the build-out of the new facility and follow-up meetings with vehicle manufacturers.a

About Green Automotive Company: Green Automotive Company Corporation is a U.S. public company involved in the import and distribution of Eco-friendly vehicles. The Company is presently planning to bring All-Electric and other Eco-friendly vehicles into the United States market. The Company is currently testing an All-Electric SUV and an all-electric MPV for introduction to the U.S. market in 2012. The Company maintains its Corporate Office in Newport Beach, California and its Dealership Services Office in Lewisville, Texas. Green Automotive Company shares are traded on the OTC Market Tier--OTC Pink Current under the symbol "GACR". For more information 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.