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Greentech Automotive EV Plant Marches On But Questions Remain

Greentech Automotive (GTA) is one of those electric car companies which may, or may not be, on the bubble, depending upon your perspective. They certainly seem to speak a good game, announcing yesterday that construction of a new “Mississippi production facility is entering Phase 2, the main building phase.” At the same time though, questions have been raised on whether or not they could be the next Coda Automotive.

First, the announcement. Greentech, known for its MyCar neighborhood electric vehicle and planned five passenger EV sedan in partnership with Chinese automaker JAC, said that it so far has invested more than $6.6 million in its new plant to complete Phase 1 of the build out. This first step included a variety of on-site engineering and testing processes that “were conducted in accordance with federal, state and local codes” and helped to address “some unique geotechnical challenges due to the weak underlying soils in the Mississippi Delta.”
image via GTA
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