• Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
  • Image Credit: GreenTech Automotive
It looks like battery-electric vehicle startup GreenTech Automotive (GTA) is entering its next phase just as its founder and former chief is doing the same thing. This week, GTA finally started erecting the steel-support structure for the factory that will produce its MyCar electric vehicles. The plant is in Tunica, MS, and the plan is to make both a two-seat neighborhood-electric vehicle and a four-seat battery-electric sedan. GTA currently operates a temporary plant in Horn Lake, MS and says construction on the Tunica factory is slated to be finished this spring.

In 2012, GTA first showed off its two-seat, low-speed MyCar, but the vehicle was actually first displayed at the Motor Show Bologna all the way back in 2003 as the product of a joint venture between Innovech and Giorgetto Giugiaro. The car has a single-charge range of about 115 miles and, previously, GTA said it would be priced at $15,500. The company also said back in 2012 it'd bring more than 400 jobs to the struggling Mississippi economy. It's taken a while to get the factory started, but you can at least now read Greentech Automotive's press release below.

GTA was founded by ex-Democratic Party chairman Terry McAuliffe, who invested $20 million in the Hong Kong company that originally made MyCar. McAuliffe stepped down as CEO in late 2012 and takes office as the governor of Virginia this month.
Show full PR text
GREENTECH AUTOMOTIVE BEGINS ERECTING STEEL STRUCTURE FOR TUNICA, MISS., ELECTRIC-VEHICLE PRODUCTION PLANT

Phase 2 of construction continues on schedule for GTA's primary manufacturing facility

(January 9, 2014) Tunica, Miss. -- GreenTech Automotive (GTA), a U.S. automotive manufacturer dedicated to developing and producing environmentally friendly, energy-efficient vehicles, announced today that workers have begun erecting steel support structures for its new production facility in Tunica, Miss.

"GTA's permanent manufacturing home in Tunica has been taking shape on the ground level for several months now, and we're looking forward to seeing the structure itself rise up in the coming weeks," said Charles Wang, chairman and CEO of GTA. "As GTA continues to make significant progress toward our engineering, production and hiring goals, we're eager to move into the new facility when construction is complete this spring."

Structural steel work began January 6 and will continue through mid-February. Exterior walls will go up beginning in early February. Forcum Lannom Contractors LLC is overseeing the construction. GTA expects the entire exterior structure, including walls and roof, will be completed by the middle of March, allowing for the company to begin moving its production capability into the new facility.

GTA currently operates a pilot manufacturing facility in Horn Lake, Mississippi, where it builds MyCar, a two-seat Neighborhood Electric Vehicle (NEV), and GTA's new four door, All-Electric Sedan. Both vehicles produce zero emissions, provide segment leading range per charge and can be recharged via a common 110V wall outlet, a 220V wall outlet or fast charging stations.

For photos of the plant construction site please click here

About GreenTech Automotive:
GreenTech Automotive (GTA) is a U.S.-based automotive manufacturer dedicated to developing and producing environmentally friendly, energy-efficient vehicles. GTA's core values encompass green technology, affordability and U.S. job creation. GTA operates a pilot manufacturing facility in Horn Lake, Mississippi, and is constructing a new manufacturing facility in Tunica, Mississippi. For more information, visit www.wmgta.com.


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    • 1 Second Ago
  • 12 Comments
      1guyin10
      • 2 Months Ago
      Unless they have product in the pipeline other than this golf-cart I can't see them getting very far.
      Bryan Lund
      • 2 Months Ago
      Green Automotive was gonna build an all-electric SUV based on the Zotye 200 SUV. Zotye was going ta sell the small SUV in the States for $29,999. It was have a range of 250 miles per charge. It actually looked like a viable product. Building vehicles for the masses is such a huge and tough business to pull off, this SUV was gonna appear in the U.S. in about 2009 but the whole story went bye-bye for a while. I'm going to be watching this one like a golden eagle to see if it might appear again here...this time in touch-feely form.
      danfred311
      • 2 Months Ago
      Still no
      Spec
      • 2 Months Ago
      You gotta be kidding me. This is an NEV, right? Who is going to pay $15K for a car that goes 25mph? Not many. Why not just buy a used Leaf?
      mustsvt
      • 2 Months Ago
      $15,500 for a golf cart from a start up company?
      Thereminator
      • 2 Months Ago
      This smells like last-minute government subsidy's and looks like something from the eighties.
      • 2 Months Ago
      Don't believe what they claimed. The whole set up is a scam, which was used to rip investors' money. Most their employees in Horn Lake knew they would never build a salable vehicles. It was only a show scheme to enable them to collect money from EB-5 visas. FBI needs to look into it.
      EVnerdGene
      • 2 Months Ago
      Nobody's buying our cars - so let's build a bigger plant.
      motorhead
      • 2 Months Ago
      This company raised $30-something million from selling EB-5 investment visas to Chinese (Terry McAuliffe). Now building a new factory, and developing a 4-wheeled, highway-capable EV. Doesn't seem like nearly enough money (Tesla spent well over $200 Million just to do a Roadster conversion). Something smells funny in Mississippi.
      2 wheeled menace
      • 2 Months Ago
      Um, yeah... i'm sure they have a real hit on their hands. More malinvestment on your dime soon to come.. Look, if private investors won't touch it with a ten foot pole, that should say enough.
        danfred311
        • 2 Months Ago
        @2 wheeled menace
        2WM, try to contain your right wing urges.
        EVnerdGene
        • 2 Months Ago
        @2 wheeled menace
        2WM, butt dozens of Chinese private investors did touch it with a ten-foot pole. So there must be something good about it? btw: I don't know of any federal funds that have gone into this, so far (except for the normal enterprise zone employment credits, manufacturing investment credits, etc.). Butt, I do remember reading Mississippi "investing". MS not known to be the most fiscally sound or wisest state in the US. But most do a lot of dumb (like Delaware's Frisker investments).