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GreenTech Automotive

GreenTech Automotive
IndustryAutomotive
Founded2009
FounderCharles Wang
Defunct2018
FateBankrupted
Headquarters,
United States
ProductsGTA Mycar
ParentWM Industries Corp.
Websitegtaev.com

GreenTech Automotive (GTA) was a U.S.-based automotive manufacturer dedicated to developing and producing 100% electric vehicles. It was a subsidiary of WM Industries Corp.

History

GTA was founded in 2009 by Charles Wang.[citation needed] In May 2010, GTA acquired Hong Kong based EuAuto Technology and its Mycar vehicle, and relocated the company's operations and manufacturing to the United States. GTA's first manufacturing facility was temporarily in Horn Lake, Mississippi.

The company merged with VL Automotive in 2014,[1] developing a traditionally powered version of the Fisker Karma,[2] called the WM Destino.

In September 2014, GTA completed construction on a new production facility in Tunica County, Mississippi. This was shut down in January 2017.[3]

The company declared bankruptcy in February 2018.[4][5]

Products

References

  1. ^ Blanco, Sebastian (6 May 2014). "Destino's VL Automotive merges with GreenTech Automotive". Autoblog. Retrieved 6 June 2015.
  2. ^ Motavalli, Jim (16 May 2014). "GreenTech Scatters New Seeds". New York Times. Retrieved 28 May 2015.
  3. ^ Edelstein, Stephen (19 January 2017). "GreenTech shutters its doors, closes its Mississippi factory". Green Car Reports. Retrieved 13 June 2024.
  4. ^ Oliver, Ned (27 February 2018). "GreenTech files for bankruptcy". Richmond Times-Dispatch.
  5. ^ Yerak, Becky (28 February 2018). "GreenTech Automotive Files for Bankruptcy". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-02-06.


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