Green Automotive Company Acquires UK-Based Liberty Electric Cars Ltd.

Green Automotive Company (OTC:GACR) today announced it has closed the acquisition of Liberty Electric Cars Ltd. following its announcement on June 29^th of the signing of a definitive agreement to acquire the Liberty business.

The combined businesses will now have operations in North America, Europe and Australasia and will continue to expand through a combination of organic growth and targeted acquisitions.

Commenting on the acquisition, Fred Luke, President of Green Automotive, said: "We’re delighted to have closed this acquisition, which I believe will accelerate our growth as the Liberty management team has state-of-the-art EV technology that would have take us another year or longer to develop. What they’ve achieved in Europe has been quite remarkable and we expect their combination of technical excellence and industry knowledge to help give us an edge in this fast growing business. In particular, access to their expertise in conversion programs will help to accelerate our plans to have pure electric buses, shuttles and limos on the road in the very near future.”

Ian Hobday, Managing Director of Liberty, said: "This is an exciting opportunity for us to bring our class-leading technology to the biggest market place in the world, and we’re keen to help Fred and his team make this happen. We’ve got some incredible products in the pipeline which will really appeal stateside and we can’t wait to see them on American roads. I’m very proud of the management team we’ve built at Liberty and what they’ve been able to achieve. We look forward to working with the GAC people to make our combined business really fly.”

About Green Automotive Company: Green Automotive Company is a US public company involved in the conversion, import and worldwide distribution of eco-friendly vehicles. The Company is presently planning to bring all-electric and other eco-friendly vehicles into the United States market through a combination of converting piston-engine vehicles and importing existing EVs. The Company is currently involved in assessing a number of all-electric and alternate fuel vehicles, including an all-electric intra-city and municipal mass transit bus and school bus, for introduction to the US market. GAC recently acquired Liberty Electric Cars Limited, a UK-based company that designs, develops, manufacturers and markets electric vehicle technologies for use in its own converted vehicles and for sale to OEMs for incorporation into their production. It provides a full aftermarket program to electric vehicle users to ensure the longevity of their vehicles and has partnership arrangements in other European countries. The Liberty team can count on over 200 man years of experience in the automotive industry and specifically 70 plus man years in the EV sector covering some 2,500,000 miles. Green Automotive Company maintains its Corporate Office in Newport Beach, California. 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.

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