Founded in 2009 by former Democratic National Committee chairman Terry McAuliffe, GreenTech Automotive is currently prepping its first neighborhood electric vehicle, the MyCar, for launch in the U.S. and distribution throughout Europe.

Roughly the same size as a Smart Fortwo, the MyCar will be built at GreenTech's Mississippi factory and should hit U.S. streets by late 2011. Recently, GreenTech Automotive received certification to export vehicles to Europe and claims to have already signed a distribution deal with Danish firm Greenabout. Other deals with European distributors are supposedly in the works.

GreenTech says the U.S.-built MyCar stays true to the automaker's motto of "no green technology is truly green unless it is affordably green." Pricing for the MyCar has not yet been released.
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GreenTech Automotive Receives Certification For Export of US-Made Vehicles to Europe

Certification Represents "Significant Milestone" For Global Sales Plan


McLean, Virginia, September 22, 2011 -- GreenTech Automotive (GTA) has announced that its Mississippi automobile assembly plant has successfully completed the certification process for export of its products to Europe. The certification audit was conducted by LuxControl SA on-site at the plant and confirmed by the Transport Division of the Luxembourg Ministry for Sustainable Development and Infrastructure (SNCH) on September 19, 2011.

"This certification represents a significant milestone for GreenTech Automotive," said Alan Himelfarb, GTA Executive Vice President of Strategic Planning. "With this approval, we take an important step towards export of our first vehicle, MyCar. Our experienced team did a tremendous job in a compressed timeframe to demonstrate our production readiness and commitment to the level of quality necessary to meet stringent European requirements."

GreenTech Automotive recently completed its first distribution agreement with the Danish partnership Greenabout, announced September 7, 2011. Discussions are underway with other interested distributors throughout Europe.

The redesigned, US-made MyCar will be available in the fourth quarter of this year.

About GreenTech Automotive (GTA) – GreenTech Automotive (www.wmgta.com) is a U.S. automobile manufacturing company headquartered in McLean, Virginia committed to the advancement of clean automobile technology. GTA is developing vehicles that are energy-efficient, affordable, and built in the United States by American workers. Led by Terry McAuliffe, an international leader in politics, business, and green energy advocate, GTA was established to carry out his vision that "no green technology is truly green unless it is affordably green."

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