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GTA was founded by ex-Democratic Party chairman Terry McAuliffe, who invested $20 million in the Hong Kong company that originally made MyCar.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.
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.