Green Automotive Company’s Subsidiary Newport Coachworks Raises Big Interest at the GFX Expo in San Diego

Newport Coachworks is entering the government fleet market and has secured major attention for its CNG and electric shuttle buses

Green Automotive Company (OTCQB: GACR) announces that its Californian based subsidiary Newport Coachworks has generated significant interest for its CNG (Compressed natural gas) and electric shuttle buses at the GFX Expo, the Government Fleet Expo which took place in San Diego early June. The company, which was focusing at the show on low and zero emission transport solutions, presented, for the first time, its range to this market segment. Its recently launched electric shuttle bus, the e-Patriot, has attracted major attention from local municipalities.

Following the Show, Newport Coachworks is in negotiation with several local authorities and is close to concluding contracts to supply CNG and fully electric buses to this specific new market segment. Carter Read, President of Newport Coachworks, confirms: “Right now we are working on several major contracts; for example we are working on a quote for San Jaoquin Sheriffs department who have made an enquiry for prisoner buses. Moreover we are working on an electric drive train solution for use in Antarctica, which needs to perform in the coldest of climates.”

Ian Hobday, CEO of Green Automotive, is pleased about the development of the company’s shuttle bus business: “We wanted to open the doors to a whole new market for our product range, and the Government / Municipality fleet sector certainly fits the bill. We were able through the GFX show to access a whole new audience and have already captured several solid leads. We have seen that being able to tailor our products to the unique specifications required for these government contracts can prove to be very beneficial to our business. We can confirm that the market for low and zero emission vehicles is definitely taking off and Newport Coachworks is in a great position to cater for this market successfully.”

As the government sector is moving towards low and zero emission transport solutions, local authorities are looking for vehicles that allow them to reduce carbon emissions and at the same time to work in a more cost efficient way. CNG and electric buses generate substantial savings in fuel costs (electricity is on average 80% less than the cost of diesel per mile travelled, and CNG bought in bulk can cost up to 50% less than diesel), and thus can reduce significantly the TCO (total cost of ownership) of vehicles. In addition electric and CNG buses benefit from a number of federal and state-based financial incentives. Several US states provide considerable funding for projects that reduce air pollution from on- and off-road vehicles, as well as tax incentives and have put in place laws and regulations to encourage the deployment of EVs.

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.

Green Automotive CompanyPublic RelationsPetra BeitlTel: +447791601666Petra.beitl@liberty-ecars.com

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