FOR IMMEDIATE RELEASE:

The Electric Car With A Heart

Contributing to Australia's humanitarian, economic & environmental efforts through Social Enterprise based auto manufacturing

Can a car be environmentally friendly, high performance, looks good, AND contribute to the wellbeing of humanity at the same time?

The Australian startup Goy Motor Company (GOY) believes it is possible.

The team has been working hard over the past three years to establish the foundation of what is believed to be the "ultimate symbiosis between the automobile, humanity and the environment".

The GOY team, comprising of mostly automotive designers and engineers with experience working for international automakers, styled numerous electric car designs. The group has also raised the initial fundings and consulted with Lotus as part of their strategy to spearhead GOY's entry into the highly competitive world of small volume auto manufacturing.

But here's the amazing thing: GOY has no employees or office building (at least not yet). And the team works to extremely tight budget.

The entire collaboration has been conducted online in order to reduce operating cost.

David Goy, founder and director of the GOY operation has revealed that his company's plan is to establish an EV design, development and production facility in Sydney within a time frame of 3 - 5 years.

Enter the GOY GT Electric Supercar

The starting point of this ambitious plan is the development of the GOY GT, a plug-in electric supercar estimated to be capable of a 0-100km/h sprint in less than 4 seconds and a battery range exceeding 350km on a single charge.

The car will be developed for volume production and will incorporate Green Product Life Cycle plan, a strategy that optimises every phase of the vehicle's life cycle: from cradle to grave.

Although developing a supercar like the GOY GT is exciting, David Goy has reiterated the company's commitment to develop more practical and affordable models in the future, "Our intention is to develop cars that are more suitable for the average Australian family... cars such as the GOY S2 Electric Sedan (check out the design at http://www.goy.com.au/gallery.html)

"The GOY GT prototype will provide a valuable testbed for such future developments; it allows us to smooth out all critical technical and business issues before undertaking more complex project like the S2."

GOY As An Automotive Social Enterprise

One interesting aspect of GOY is that the company plans to operate on a business model of a social enterprise (S.E.). Unlike a normal company, an S.E.'s social purpose is central to what it does. Rather than focusing on maximising shareholder profit, its main aim is to generate profit to further its social and environmental causes.

David Goy stated that, "one of our objectives is to give 100% of after-tax net profits from the sales of future our vehicles to charitable bodies, starting from 10% and increasing that amount as the company achieves stability"

Such philanthropic business model is not entirely impossible; in the food and beverages industry, Newman's Own has successfully donated over $270 million to charities since 1985. A similar model is also used by Bosch. GOY plans to follow in these pioneers' footsteps.

Sponsors and Investors Wanted

Goy Motor Company is now looking for sponsors and investors to be part of the GOY GT development. The estimated cost is A$1M at 12 - 18 months to create a fully functional, 100% road worthy, production intended prototype that is also motor show ready . Further investment and another 24 months may be needed to develop the car to full production feasibility. And of course, it goes without saying that the more financial resources available, the more features we can incorporate into the final vehicle.

The race is on, and the doors are open for any individual, business or organisation interested to get involved with GOY in this exciting project.

Contact:

David Goy
Goy Motor Company
+614 31 886 471
info@goy.com.au