Green Automotive Co. Buys Stake in Electric Vehicle Manufacturer

Green Automotive Co. (GAC), an organization that is focused on designing and manufacturing zero- and low-emission commercial and passenger vehicles, has acquired a large stake in Viridian Motor Corp. (VMC), a U.S.-based light-duty electric truck manufacturer.

‘There are an important number of synergies to explore, especially with regards to supply chain management and commercial activities with our existing Californian bus manufacturing business Newport Coachworks,’ says Ian Hobday, CEO of GAC. ‘Viridian would become our support partner for electric buses on the East Coast, where we currently do not have any presence.’

‘We are very pleased to partner with the Green Automotive team, who have incredible experience in electric vehicle engineering, thanks to their Liberty Electric Cars business,’ remarks Terry Langhorn, CEO of Viridian Motor.

Newport Coachworks is scheduled to debut its first all-electric shuttle bus next month.

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