Green Investing
Green investing is an increasingly popular form of investing that includes multiple sectors such as environmental cleanup, natural/organic foods, pollution controls and renewable energy. With recent spikes in oil prices, oil spills, and recent U.S. government support such as tax breaks, credits, and investment in a green economy, green investing is at the forefront of today’s economy. High gas prices, the demand for a cleaner environment, and a demand to be independent of foreign oil all point to increasing demand for an affordable, efficient and reliable electric car. In fact, Warren Buffet, one of the most respected investors of our time, has stated that he believes all cars will be electric within the next 25 years. Additionally President Obama’s policy goal is to have 2 million electric cars on the road by 2015. Green Automotive Company has partnered with Zotye to import the world’s first fully electric SUV into North America to meet the demands of today’s green economy.
The Zotye electric car will be exclusively distributed through Green Automotive Company in North America. While there are many profitable forms of green investing, we believe the electric car, specifically Green Automotive Company’s fully electric Zotye SUV, is the most opportune of the emerging green investing markets. For example, capturing just 1% of the market for car sales results in 120,000 vehicles sold annually. It is an enormous market that people look to immediately as oil prices rise because consumers feel the impact each time they fill up the tank of their traditional gasoline fueled cars. The car will have a higher profit margin for currently struggling car dealerships, thus motivating dealerships to shift to selling electric cars at a swift pace.
The Zotye SUV is the first fully electric car that will compete with not only other electric cars, but also with traditional gasoline and diesel-powered cars. Zotye has a range of up to 250 miles and its top speed is 75 mph. It charges off of a simple 220 V outlet in any garage, comes with a 3-year/36,000 mile warranty, a 185,000 warranty on the lithium ion battery, and an MSRP price of $29,995. Current electric car options have shown to be too expensive, limited in range, and limited in traveling speeds. As soon as Green Automotive Company finishes raising funds to launch the car in North America, the Zotye fully electric SUV will be the first green investing option that will compete with any investments (green or not) in the soon-to-be-revolutionized auto industry.
