NEWPORT BEACH, Calif.–(BUSINESS WIRE)–
Green Automotive Company, having recently acquired Liberty Electric Cars Ltd., is pleased to announce the addition of 2 new Board members, Ian Hobday and Darren West.
Mr. Hobday, who also serves as CEO for Liberty Electric Cars Ltd., has international experience in sales, marketing and general management and a track record of growing businesses and delivering profit improvement within multinational companies. Ian is co-founder of several innovative start-up companies and has extensive experience in developing business opportunities worldwide.
Commenting on his appointment, Ian Hobday said, I am looking forward to serving on the Board of Directors for Green Automotive and I look forward to helping Green Automotive maximize the many synergies that I believe exist between it and Liberty. Liberty has several divisions in operation including, for example, Liberty E-Care, which provides after-sales services for electric or low emission vehicles including servicing & repair. With clients including Navistar, Fedex, UPS, Veolia, and Tescos, Liberty is providing service to roughly 2,000 pure EVs. Through their operation of this business, Liberty has gained a tremendous amount of technical know-how and market intelligence that should translate into solid benefits for Green Automotive in a variety of ways.
Mr. West, who is also the CFO for Liberty Electric Cars Ltd., has extensive international experience having worked in more than 30 countries including knowledge of acquisitions, mergers and disposals.
Ian Hobday and Darren West bring a wealth of business experience gained from the management of a company that provides cutting edge automotive technology development, engineering and design with a focus on zero and low emission vehicle solutions, said Fred Luke, President of Green Automotive. For example, through Libertys E-Tech division they have worked on development projects with Fiat, VW, Rolls Royce, Cranfield and Navistar and have been involved in joint ventures for new BMS and Battery designs. These core competencies should significantly enhance Green Automotives technical edge which will support our company as we execute our business plan, including our move to develop all electric buses. We believe both their experience in international transactions as well as the electric vehicle market space will prove invaluable on our Board of Directors.
About Green Automotive Company: Green Automotive Company is a US public company involved in the Conversion, 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 through a combination of converting piston engine vehicles and importing existing EV’s. 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 OEM’s 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.
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 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.
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(1) Ian Hobday, CEO of Liberty Electric Cars Ltd., and Darren West, CFO of Liberty Electric Cars Ltd., Join the Board of …URL: http://finance.yahoo.com/news/ian-hobday-ceo-liberty-electric-141800278.html;_ylt=A2KJjaikGSBQZEoAhqD_wgt.
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