Global Green Cars and Green Star to Showcase New 2010 Electric Vehicles with Free Public Test Drive Demos Across the Nation
August 27 2009 - 11:35AM
Business Wire
Green Star Products, Inc. (OTC:GSPI) and Global Green Cars, Inc.
(GGCI) announced today that they will unveil their 2010 G-3
Electric Delivery Mini-Truck to the public and the media this
weekend August 29th and 30th in Utah. The event will take place at
the Rocky Mountain Speedway (near Salt Lake City) 6555 W 2100 S,
West Valley City, UT 84128, (801) 252-9557, from 1 PM to 6 PM where
the G-3 Mini-Truck will be the Pace Car (see
www.GlobalGreenCars.com). The event will include free test drives
for the general public.
Last Friday (August 21th), GGCI held a preview unveiling of the
2010 G-3 model vehicle to selected interested parties both at
downtown Salt Lake City and at Snowbird Ski Resort.
Mr. Brooks Agnew, President of GGCI, stated, “The G-3 vehicle
received unanimous praise on performance, handling and visual
acceptance by all who attended the private event.”
Mr. Agnew further stated, “The 2010 vehicle models will be
equipped with advanced batteries including nickel-based batteries,
which now come as standard equipment on the 2010 G-3 Intra-City
Electric Delivery Mini-Truck.” Mr. Agnew stated that these
batteries offer a much extended range capability over lead-acid
batteries and have superior performance. These nickel-based
batteries are also much safer than lithium batteries now being
showcased by other vehicle manufacturers.
GGCI plans to showcase this vehicle across the United States
during the coming months to demonstrate its range performance
abilities. The 2010 model vehicles are scheduled to be crash tested
starting January 2nd, 2010, far ahead of its competitors in
Detroit. In late Spring or early Summer 2010, GGCI plans to start
production of the 2010 vehicle models. Starting prices for the 2010
Electric Delivery Mini-Truck are in the range of $25,000 dollars,
which are far below any anticipated prices of competitors. The
sticker price does not take into account significant rebates from
the Federal Government and several States, which could bring the
final price below $20,000 dollars.
About Global Green Cars
Global Green Cars (GGCI) is a private company with an
International Automobile Consortium of auto industry partners, part
suppliers, and electric vehicle component suppliers that have
strategic plans for mass production of high performance electric
vehicles in the United States and abroad. Green Star Products is a
strategic alliance partner providing engineering and technology to
the GGCI Consortium.
About Green Star Products
Green Star Products, Inc. (OTC:GSPI) is an environmentally
friendly company dedicated to creating innovative cost-effective
products to improve the quality of life and clean up the
environment. Green Star Products and its Consortium are involved in
the production of green sustainable goods including renewable
resources like algae biodiesel and clean-burning biofuels,
cellulosic ethanol and other products, as well as lubricants,
additives and devices that reduce emissions and improve fuel
economy in vehicles, machinery and power plants. For more
information, see Green Star Products' Web site at
http://www.GreenStarUSA.com, or call Public Relations at
1-800-741-7648 and 1-800-340-9784, or fax 619-789-4743, or email
info@GreenStarUSA.com. Information about trading prices and volume
can be obtained at several Internet sites, including
http://www.bloomberg.com and http://www.bigcharts.com under the
ticker symbol "GSPI".
Forward-looking statements in the release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties,
including without limitation, continued acceptance of the company's
products, increased levels of competition for the company, new
products and technological changes, the company's dependence on
third-party suppliers, and other risks detailed from time to time
in the company's periodic filings with the Securities and Exchange
Commission.
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