Ganas Acquires Go Green

In connection with the acquisition, Ganas is expected to change its name to Green Automotive

Ganas has acquired Go Green US, an importer and distributor of Electric Sport Utility Vehicle (SUV) with a range of up to 250 miles on a single charge and a top speed of 70 MPH.

Reportedly, Ganas would change its name to Green Automotive company in connection with the acquisition. It would be the sole North American distributor for the all new Zotye all Electric SUV manufactured in China by Zotye International Holding company.

The company said that 2010 Zotye EV-100 is a Chinese manufactured vehicle that is an all electric SUV. Green Automotive company will capitalize on the US trend towards eco-friendly ultra-efficient electric powered cars representing Zotye International Holding Company.

Steven Fly, chairman and CEO, said: We have a great strategic partnership with the manufacturer, a terrific distribution plan with dealers Nationwide and one of the best management teams in the industry consisting of dedicated and talented auto industry execs. We have an aggressive plan for sales and look forward to building a large and successful company.

The first SUV is expected to arrive in Los Angeles in January 2010 with a National Press tour as the SUV travels from Coast-to-Coast on a 100% electric ride. Green Automotive company is expected to provide Dealers with the first all purpose Zotye Electric SUV in the US and offer value to the consumers while offering strategic market position for its Dealer Clients.