Green Automotive (GACR) 10-Q/A 3 Jan 14 2013 Q1 Quarterly report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2013	20-May-13
Document And Entity Information	'	'
Entity Registrant Name	'Green Automotive Co	'
Entity Central Index Key	'0001497632	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-13	'
Amendment Flag	'true	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	349,574,514
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2013	'
Amendment Description	'Green Automotive Company is filing this Amendment No. 3 to the Quarterly Report on Form 10-Q/A for the quarterly period ended March 31, 2013 to further correct certain errors in our financial statements primarily to exclude our Series B Preferred Stock from our outstanding shares.	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Current Assets	'	'
Cash	$37,995	$87,325
Accounts receivable	156,541	163,389
Inventories	96,781	0
Notes receivable	0	11,329
Prepaid expenses and deposits	63,401	14,896
Other current assets	42,610	22,693
Total Current Assets	397,328	299,632
Property and equipment, net	286,764	164,065
Total Assets	684,092	463,697
Current Liabilities	'	'
Accounts payable and accrued expenses	932,603	872,086
Deferred revenue	434,536	422,182
Credit facility and other advances	87,125	73,916
Derivative liability	33,138,133	79,732,676
Share liability on purchase of NCWI	250,000	250,000
Funds received from FMS not converted into Preference Shares	358,552	120,102
Sums due to GLobal Market Advisors	104,100	104,100
Accrued Value added taxes	37,543	39,944
Sums due to global trade finance	25,000	25,000
Lease payable	11,347	15,062
Other payables	38,210	27,474
Total Current Liabilities	35,417,149	81,682,542
Long-term Liabilities	'	'
Notes payable, net of discounts	411,545	384,507
Total Long-term Liabilities	411,545	384,507
Total Liabilities	35,828,694	82,067,049
Contingencies	'	'
Stockholder's Deficit	'	'
Common stock	345,524	324,551
Additional paid-in capital	20,967,575	12,710,403
Accumulated other comprehensive loss	-13,379	-111,307
Accumulated deficit	-56,445,177	-94,527,895
Total Stockholders' Deficit	-35,144,602	-81,603,352
Total Liabilities and Stockholders' Deficit	684,092	463,697
Preferred Stock, Class A Convertible	'	'
Stockholder's Deficit	'	'
Preferred stock	855	896
Preferred Stock, Class B Convertible	'	'
Stockholder's Deficit	'	'
Preferred stock	$0	$0

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	900,000,000	900,000,000
Common stock , shares issued	345,524,514	324,551,468
Common stock, shares outstanding	345,524,514	324,551,468
Preferred Stock, Class A Convertible	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	855,142	895,801
Preferred stock, shares outstanding	855,142	895,801
Preferred Stock, Class B Convertible	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Income Statement [Abstract]	'	'
Revenues	$218,396	$0
Cost of Goods Sold	78,847	0
Gross Profit	139,549	0
Operating Expenses	'	'
Depreciation and amortization	8,876	133,861
Loss on disposal of equipment	12,516	0
Stock based compensation	214,286	0
General and administrative	486,148	119,610
Total Operating Expenses	721,826	253,471
(Loss) before other expenses	-582,277	-253,471
Other income (expenses)	'	'
Change in fair value of derivative liability	38,690,539	-7,979
Gain on conversion of debt to stock	40,749	0
Loss on conversion of preferred shares	-20,375	0
Interest expense	-45,919	-379
Total Other Expenses	38,664,994	-8,358
Profit / (loss) before income taxes	38,082,717	-261,829
Income taxes	0	0
Net income / (loss)	$38,082,717	($261,829)
Net income / (loss) per share - Basic	$0.11	$0
Net income / (loss) per share - Diluted	$0.07	$0
Weighted average shares outstanding - Basic	334,804,957	272,838,022
Weighted average shares outstanding - Diluted	550,163,039	420,632,665

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Condensed Consolidated Statements Of Comprehensive Income Loss	'	'
Net income / (loss)	$38,082,717	($261,829)
Other comprehensive income / (loss), net of tax:	'	'
Foreign currency translation	97,928	0
Comprehensive income / (loss)	$38,180,645	($261,829)

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
OPERATING ACTIVITIES:	'	'
Net income (loss)	$38,082,717	($261,829)
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'
Depreciation and amortization	8,876	133,861
Loss on conversion of preferred shares	20,375	0
Loss on disposal of vehicles	12,516	0
(Gain)/loss on conversion of debt to stock	-40,749	0
Change in fair value of derivative liability	-38,690,539	7,979
Share based compensation	214,286	0
Changes in operating assets and liabilities:	'	'
Accounts receivable	6,848	0
Inventories	-96,781	0
Other assets	-19,917	0
Prepaid expenses	-48,505	0
Accounts payable and accrued expenses	-1,275	44,736
Deferred revenue	12,354	0
Net cash used in operating activities	-539,794	-75,253
INVESTING ACTIVITIES:	'	'
Proceeds from disposal of vehicles	28,092	0
Proceeds from disposal of investment	11,329	0
Purchase of property and equipment	-181,749	0
Net cash provided by investing activities	-142,328	0
FINANCING ACTIVITIES:	'	'
Increase in advances payable	75,000	40,310
Advances from related party	418,638	0
Proceeds from notes payable	36,520	49,000
Payments on notes payable	-4,861	0
Net cash provided by financing activities	525,297	89,310
Effect of change in exchange rate on cash	107,495	0
Net (decrease) / increase in cash	-49,330	14,057
CASH AT BEGINNING PERIOD	87,325	906
CASH AT END OF PERIOD	37,995	14,963
SUPPLEMENTAL CASH FLOW INFORMATION:	'	'
Cash paid for interest	0	0
Cash paid for income taxes	0	0
NON-CASH INVESTING AND FINANCING TRANSACTIONS	'	'
Share based compensation	214,286	0
Common shares issued in exchange for preferred shares	7,883,630	0
Common shares issued to settle liabilities	0	430,689
Preferred shares issued to settle debt	$180,188	$0

Description_of_Business

Description of Business	3 Months Ended
	Mar. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Description of Business	'
	1. DESCRIPTION OF BUSINESS
	We are a corporation originally organized under the laws of the State of Delaware in 1996, but re-incorporated in Nevada effective June 3, 2011. We formerly operated under the name GANAS Corp. (“GANAS”). Prior to November 2009, GANAS’ objective was to obtain through acquisition and/or merger transactions, assets, which could benefit our shareholders. Effective November 4, 2009, GANAS acquired Go Green USA LLC, a Nevada limited liability company organized on April 28, 2009 (“Go”), in a share exchange transaction pursuant to which newly issued shares of GANAS common stock were issued in exchange for all of the issued and outstanding membership interests of Go (the “Go Merger”). The Go Merger resulted in GANAS issuing 1,436,202 shares of its common stock with par value $0.001 for each 1% membership interest in Go, following which GANAS changed its name to Green Automotive Company Corporation. Effective September 30, 2011, we effected a Change of Domicile, re-incorporating in Nevada and simplifying our name to Green Automotive Company, among other things (the “Re-Incorporation”).
	We are currently involved in assessing a number of All-Electric and alternate fuel vehicles including an All-Electric Intra-City and Municipal Mass Transit Bus and School Bus, for introduction to the U.S. market, to be manufactured by our subsidiary, Newport Coach Works, Inc.
	Liberty Transaction
	On June 28, 2012, we entered into a Stock Exchange Agreement (the “Liberty Agreement”) with Liberty Electric Cars Ltd., an England and Wales private company limited (“LEC”), and its wholly-owned subsidiary LEC 2 Limited, an England and Wales private company limited (“LEC2” and together with LEC, the “LEC Entities”), under which our wholly-owned subsidiary, Liberty Automotive Group, Inc. (formerly GAC EV Motors Inc.), a Nevada corporation (“LAG”) agreed to purchase 100% of the issued and outstanding securities of LEC (the “LEC Shares”), that owns 100% of the issued and outstanding securities of LEC2 (the “LEC2 Shares”) (collectively the “LEC Securities”) in exchange for the transfer of Thirty Nine Million Seven Hundred Forty Two Thousand One Hundred Seventy Eight (39,742,178) shares of our common stock held by LAG to the LEC Shareholders. These shares represented approximately 8.19% of our outstanding voting control. We also issued to Mr. West and Mr. Hobday, the executives of LEC, a total of 300,000 shares of our Series A Preferred Stock in exchange for the non-competition provisions in their independent contractor agreements. This transaction closed on July 23, 2012.
	Additionally, pursuant to the Liberty Agreement, we issued to GAC Automotive Services, Inc., a Nevada corporation and one of our wholly-owned subsidiaries (“GAC Auto”) Ten Million (10,000,000) shares of Series B Convertible Preferred Stock (the “Series B Shares”). The issuance of the Series B shares to GAC Auto is not part of the purchase price of the LEC Entities and is not compensation to the LEC Entities or LEC Shareholders, but is reserved for issuance to certain entities that LEC and/or LEC2 have been in negotiations with at the time of execution of the Liberty Agreement if those entities and/or assets are purchased by us or our subsidiaries. The determination as to when and if to transfer the Series B Shares from GAC Auto to a selling party must be approved by our Board of Directors. To date, all of the Series B Shares are still held by GAC Auto.The Series B Preferred Stock have been eliminated on consolidation and are reflected as treasury shares.
	As a result of the Liberty Transaction, we acquired LEC, a company that designs and develops electric vehicle drive solutions for use in its own converted vehicles and for sale to original equipment manufacturers (OEMs) for incorporation into their production. LEC’s engineers have invented innovative EV drive train technologies that can be employed in a wide variety of vehicle platforms. LEC is also involved in a number of advanced research programs for developing next generation electric vehicle (“EV”) solutions. These programs include the prestigious “Deliver” project where LEC is working together with “tier one” automotive companies to develop a pure electric commercial vehicle, and the “Motore” project in which LEC has partnered with other “tier one” automotive companies and universities to develop a “rare earth” free electric motor technology. Additionally, LEC has also created after sales support for EV’s, by providing a comprehensive aftermarket maintenance program throughout Europe for electric trucks and cars.
	Due to its experience in EV technologies and in servicing EVs, LEC recently re-signed its agreement with, a large U.S. truck manufacturer, for the on-going support of electric vehicles run by its key clients in Europe. LEC will continue to take care of all warranty support when required by these customers, all of whom run fleets of electric commercial vehicles across Europe. This truck manufacturer’s customers include major companies such as FedEx, UPS and Veolia, who are using the first “ground up” electric trucks known as the “Modec” that were launched some 4 years ago for the purpose of making pollution free deliveries in urban areas.
	Newport Coachworks Transaction (as Restated)
	On October 12, 2012, we entered into an Acquisition and Stock Exchange Agreement (the “NCWI Agreement”) with Newport Coachworks, Inc., a California corporation (“NCWI”), under which we agreed to purchase 100% of the issued and outstanding securities of NCWI (the “NCWI Shares”) from Mr. Carter Read, NCWI’s sole shareholder, in exchange for the transfer of Five Million (5,000,000) shares of our common stock due at the closing of the transaction (the “GACR Closing Shares”), and up to an additional Twenty Two Million (22,000,000) shares of our common stock (the “GACR Additional Shares” and together with the GACR Closing Shares, the “GACR Shares”) to vest as follows: upon NCWI obtaining bona fide, binding purchase orders, with cash down payment standard in the industry to NCWI, from third party purchasers requiring NCWI to manufacturer Sixty (60) buses with compressed natural gas engines at NCWI’s manufacturing facility (each a “Qualified Purchase Order”) within the first twelve (12) months following the payment of one-half of the initial forecasted funding of $500,000. As discussed below GACR will issue to Mr. Read up to all of the GACR Additional Shares, which shares will either be kept in escrow and distributed, or kept in treasury and issued, to Mr. Read within ten (10) days of the end of each calendar quarter pro rata with the number of Qualified Purchase Orders received by NCWI for the applicable calendar quarter (the “NCWI Transaction”). The determination as to whether the shares will be issued and held in escrow or kept in treasury will be determined by the Parties in good faith and has not been determined to date. The GACR Shares, if all issued, currently represent approximately 7.6% of our outstanding common stock. This transaction closed on October 12, 2012. The shares were not issued to NCWI as of March 31, 2013. Due to administrative delays combined with the restrictions placed upon our Transfer agent following the TRO as explained in Note 19 Subsequent Events the 5,000,000 shares were not issued until July 18, 2013
	Matter of Time Merger
	On September 1, 2011, Green Automotive Company entered into a Stock Purchase Agreement and Escrow Agreement with Mark E. Crone (“Crone”) and Bosch Equities, L.P. (“Bosch”), under which we purchased 100% of the outstanding equity of Matter of Time I Co., a Nevada corporation (“MOT”), and extinguished a repayment obligation of MOT totaling $6,000, all in exchange for $30,000.
	On February 10, 2012, Green Automotive Company entered into a Merger Agreement and Plan of Reorganization with Matter of Time I Co., a Nevada corporation (“MOT”) (the “MOT Agreement”). Under the MOT Agreement, at the closing of the transaction contemplated by the MOT Agreement, MOT dissolved into and became a part of Green Automotive Company, with Green Automotive Company being the surviving corporation and assuming MOT’s status as a reporting issuer under the Securities Exchange Act of 1934, as amended. On December 14, 2012 the transactions contemplated by the MOT Agreement closed (the “Closing”). As a result of the Closing, MOT was merged out of existence and Green Automotive Company became a reporting issuer under the Securities Exchange Act of 1934, as amended.

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	2. BASIS OF PRESENTATION
	The accompanying unaudited condensed interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) as promulgated in the United States of America.
	The unaudited condensed interim consolidated financial statements at March 31, 2013 and for the three-month periods ended March 31, 2013 and 2012 are unaudited, but include all adjustments, consisting of normal recurring entries, which our management believes to be necessary for a fair presentation of the periods presented. Interim results are not necessarily indicative of results for a full year. The Company’s operating results will fluctuate for the foreseeable future. Therefore, period-to-period comparisons should not be relied upon as predictive of our operating results in future periods.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2013
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The summary of significant accounting policies presented below is designed to assist in understanding the Company’s condensed consolidated financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, who is responsible for their integrity and objectivity. These accounting policies conform to GAAP in all material respects, and have been consistently applied in preparing the accompanying financial statements.
	Principles of Consolidation
	The Company’s unaudited condensed consolidated financial statements include the assets, liabilities and operating results of majority-owned subsidiaries. The Company does not hold significant variable interests in any variable interest entities. All significant intercompany accounts and transactions have been eliminated.
	Reverse Merger Accounting
	The MOT Merger was accounted for as a reverse-merger and recapitalization in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Green Automotive Company was the acquirer for financial reporting purposes and MOT was the acquired company. Consequently, the assets and liabilities and operations that are reflected in the historical financial statements prior to the Merger will be those of Green Automotive Company and will be recorded at the historical cost basis of the Company. The consolidated financial statements after completion of the Merger include the assets and liabilities of Green Automotive Company. Common stock and the corresponding capital amounts of the Company pre-merger have been retroactively restated as capital stock shares reflecting the exchange ratio in the Merger.
	Going Concern
	Our condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern. However, as of March 31, 2013, we have sustained recurring operating losses and have a stockholders’ deficit of $35,144,602. These conditions, among others, give rise to substantial doubt about our ability to continue as a going concern. Management is continuing to seek additional equity capital to fund the acquisition or to purchase an ongoing business and improving profitability of existing operations. Until such time, we anticipate our working capital needs will be funded through the issuance of debt and equity instruments. Management believes these steps will provide us with adequate funds to sustain our continued existence. There is, however, no assurance that the steps taken by management will meet all of our needs or that we will continue as a going concern. The accompanying condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
	Use of Estimates
	The preparation of the condensed consolidated financial statements requires management of the Company to make a number of estimates and assumptions relating to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The assumptions used by management in future estimates could change significantly due to changes in circumstances, including, but not limited to, challenging economic conditions. Accordingly, future estimates may differ significantly.
	Cash and Cash Equivalents
	Cash and cash equivalents consist of amounts held as bank deposits and highly liquid debt instruments purchased with an original maturity of three months or less. The Company had no cash equivalents as of March 31, 2013 and December 31, 2012.
	Accounts receivable
	Accounts receivable consists of trade receivables, which are recorded at the invoiced amount, net of taxes, allowances for doubtful accounts and prompt payment discounts. Trade receivables do not carry interest. The allowance for doubtful accounts represents management’s estimate of the amount of probable credit losses in existing accounts receivable, as determined from a review of past due balances and other specific account data. Account balances are written off against the allowance when management determines the receivable is uncollectible.
	Inventories
	The Company’s inventories are valued at cost, as determined by the first-in, first out (FIFO) method; in aggregate such valuations are not in excess of market.
	Concentrations
	The Company currently maintains substantially all of its cash with major financial institutions. At times, cash balances may be in excess of the amounts insured by the Federal Deposit Insurance Corporation.
	Comprehensive Income (Loss)
	In June 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-05, Presentation of Comprehensive Income (“ASU 2011-05”), which amends FASB Codification Topic 220 on comprehensive income disclosures. The new guidance allows an entity to present components of net income and other comprehensive income in one continuous statement, referred to as the statement of comprehensive income, or in two separate, but consecutive statements, while eliminating the option to report other comprehensive income and its components in the statement of changes in shareholders’ equity. The provisions of ASU 2011-05 were adopted in 2012. The adoption of ASU 2011-05 did not impact the Company’s consolidated financial position, results of operations or cash flows as it required only a change in the format of presentation.
	Intangible Assets
	Acquired intangible assets are amortized over their useful lives unless the lives are determined to be indefinite. Acquired intangible assets are carried at cost, less accumulated amortization and impairment.
	Property and Equipment
	Property and equipment consisting of leasehold improvements, furniture and fixtures, equipment and vehicles are stated at cost. Property and equipment are depreciated using the straight-line method over the estimated service lives ranging from three to seven years. Maintenance and repairs are expensed as incurred and improvements are capitalized. Gains or losses on the disposition of fixed assets are recorded upon disposal.
	Impairment of Long-Lived Assets
	Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset.
	If the carrying amount of an asset exceeds its undiscounted estimated future cash flows, an impairment review is performed. An impairment charge is recognized in the amount by which the carrying amount of the asset exceeds the fair value of the asset. Assets to be disposed of would be separately presented in the balance sheet and reported at the lower of the carrying amount or fair value less costs to sell, and are no longer depreciated. The assets and liabilities of a disposed group classified as held for sale would be presented separately in the appropriate asset and liability sections of the balance sheet. There were no impairment charges for the three months ended March 31, 2013 and 2012.
	Derivative Instruments
	The fair value of derivative instruments is recorded and shown separately under current liabilities. Changes in the fair value are recorded in the condensed consolidated statement of income under other income (expense).
	The Company evaluates all of its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the consolidated statements of operations. For stock-based derivative financial instruments, the Company uses a weighted average Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date.
	Fair Value Measurements
	ASC 820, “Fair Value Measurements”, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1, defined as observable inputs such as quoted prices in active markets for identical assets or liabilities; Level 2, inputs other than level one that are either directly or indirectly observable such as quoted prices for identical or similar assets or liabilities on markets that are not active; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.
	Income Taxes
	We account for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are recorded, when necessary, to reduce deferred tax assets to the amount expected to be realized.
	As a result of the implementation of certain provisions of ASC 740, Income Taxes (“ASC 740”), which clarifies the accounting and disclosure for uncertainty in tax positions, as defined, ASC 740 seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes. We adopted the provisions of ASC 740 as of January 1, 2007, and have analyzed filing positions in each of the federal and state jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. We have identified the U.S. federal and California as our "major" tax jurisdictions. Generally, we remain subject to Internal Revenue Service examination of our 2007 through 2012 U.S. federal income tax returns, and remain subject to California Franchise Tax Board examination of our 2007 through 2012 California Franchise Tax Returns. However, we have certain tax attribute carryforwards which will remain subject to review and adjustment by the relevant tax authorities until the statute of limitations closes with respect to the year in which such attributes are utilized.
	We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. In addition, we did not record a cumulative effect adjustment related to the adoption of ASC 740. Our policy for recording interest and penalties associated with income-based tax audits is to record such items as a component of income taxes.
	Revenue Recognition
	We recognize revenues related to annual membership income and service of electric vehicles in accordance with Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”) No. 605, Revenue Recognition. Revenue is recognized when we have evidence of an arrangement, a determinable fee, and when collection is considered to be probable and services are provided. In the event that final acceptance of our product by the customer is uncertain, revenue is deferred until all acceptance criteria have been met. In the event we have amounts billed or collected in accordance with contractual terms in advance of when the work is performed we treat these as deferred revenues. These advance payments primarily relate to the Company's grant project and E-Care membership scheme. The current portion of deferred revenue represents the balance the Company estimates will be earned as revenue during the next fiscal year (see note 9).
	Grant Income
	Grant income is not recognized until a grant claim has been submitted and approved by Government representatives.
	E-tech services
	Revenues from consultancy services are recognized only when all services have been rendered and collectability is reasonably assured.
	E-Care services
	Revenues from maintenance, repair, and overhaul services are recognized only when all services have been rendered and collectability is reasonably assured.
	Earnings (Loss) per Common Share (as Restated)
	The Company computes net income (loss) per share in accordance with ASC 260, "Earnings per Share". ASC 260 requires presentation of both basic and diluted earnings (loss) per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including 555,142 (net of 300,000 forfeit shares) for March 31, 2013 and 500,000 for March 2012 Series A convertible preferred Stock, using the if-converted method, 18,000,000 for March 31, 2013 and 4,000,000 for March 31, 2012 Stock options, using the treasury stock method, and 5,551,913 shares for March 31, 2013 (nil March 2012) for convertible loan notes, using the if-converted method In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential common shares if their effect is anti-dilutive.
	Share-Based Payment Arrangements
	Generally, all forms of share-based payments, including stock option grants, restricted stock grants and stock appreciation rights are measured at their fair value on the awards’ grant date, based on the estimated number of awards that are ultimately expected to vest. Share-based compensation awards issued to non-employees for services rendered are recorded at either the fair value of the services rendered or the fair value of the share-based payment, whichever is more readily determinable. The expenses resulting from share-based payments are recorded in operating expenses in the condensed consolidated statement of operations.
	Reclassifications
	Certain prior year amounts have been reclassified to conform to the current year presentation. Such reclassifications had no impact on previously reported net loss.
	Recent Accounting Pronouncements
	Effective January 2012, the Company adopted ASU No. 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs (ASU 2011-04). ASU 2011-04 represents the converged guidance of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) on fair value measurement. A variety of measures are included in the update intended to either clarify existing fair value measurement requirements, change particular principles requirements for measuring fair value or for disclosing information about fair value measurements. For many of the requirements, the FASB does not intend to change the application of existing requirements under Accounting Standards Codification (ASC) Topic 820, Fair Value Measurements. ASU 2011-04 was effective for interim and annual periods beginning after December 15, 2011. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	Effective January 2012, the Company adopted ASU No. 2011-05, Presentation of Comprehensive Income (ASU 2011-05). ASU 2011-05 is intended to increase the prominence of items reported in other comprehensive income and to facilitate convergence of accounting guidance in this area with that of the IASB. The amendments require that all non-owner changes in shareholders’ equity be presented in a single continuous statement of comprehensive income or in two separate but consecutive statements. In December 2011, the FASB issued ASU No. 2011-12, Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05 (ASU 2011-12). ASU 2011-12 defers the provisions of ASU 2011-05 that require the presentation of reclassification adjustments on the face of both the statement of income and statement of other comprehensive income. Amendments under ASU 2011-05 that were not deferred under ASU 2011-12 will be applied retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2011. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	In December 2011, the FASB issued ASU No. 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (ASU 2011-11). The amendments in ASU 2011-11 require the disclosure of information on offsetting and related arrangements for financial and derivative instruments to enable users of its financial statements to understand the effect of those arrangements on its financial position. Amendments under ASU 2011-11 will be applied retrospectively for fiscal years, and interim periods within those years, beginning after January 1, 2013. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	In July 2012, the FASB issued guidance on testing for indefinite-lived intangible assets for impairment. The new guidance allows an entity to simplify the testing for a drop in value of intangible assets such as trademarks, patents, and distribution rights. The amended standard reduces the cost of accounting for indefinite-lived intangible assets, especially in cases where the likelihood of impairment is low. The changes permit businesses and other organizations to first use subjective criteria to determine if an intangible asset has lost value. The amendments to U.S. GAAP will be effective for fiscal years starting after September 15, 2012. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	In February 2013, the FASB issued ASU No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	Other recent pronouncements issued by FASB (including its Emerging Task Force), the American Institute of Certified Public Accountants, and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2013
Business Combinations [Abstract]	'
Acquisitions	'
	4. ACQUISITIONS (as Restated)
	On June 28, 2012, we entered into a Stock Exchange Agreement (the “Agreement”) with Liberty Electric Cars Ltd., an England and Wales private company limited (“LEC”), and its wholly-owned subsidiary LEC 2 Limited, an England and Wales private company limited (“LEC2” and together with LEC, the “LEC Entities”), under which our wholly-owned subsidiary, Liberty Automotive Group, Inc. (formerly GAC EV Motors Inc.), a Nevada corporation (“LAG”) agreed to purchase 100% of the issued and outstanding securities of LEC Entities in exchange for Thirty Nine Million Seven Hundred Forty Two Thousand One Hundred Seventy Eight (39,742,178) shares of our common stock held by LAG to the LEC Shareholders. The Company valued the common shares at $0.05 per share based on price paid in similar transactions involving the Company’s common stock. These shares represent approximately Ten percent (10%) of our outstanding voting control. This transaction closed on July 23, 2012.
	Additionally, pursuant to the Agreement, we issued to GAC Automotive Services, Inc., a Nevada corporation and one of our wholly-owned subsidiaries (“GAC Auto”) Ten Million (10,000,000) shares of Series B Convertible Preferred Stock (the “Series B Shares”). The issuance of the Series B shares to GAC Auto is not part of the purchase price of the LEC Entities and is not compensation to the LEC Entities or LEC Shareholders, but is reserved for issuance to certain entities that LEC and/or LEC2 have been in negotiations with at the time of execution of the Agreement if those entities and/or assets are purchased by us or our subsidiaries. The determination as to when and if to transfer the Series B Shares from GAC Auto to a selling party must be approved by our Board of Directors. The Series B Preferred Stock have been eliminated on consolidation and are reflected as treasury shares.
	As part of the Agreement, the Company issued 300,000 shares of restricted preferred stock to two LEC Directors as a covenant not to compete. The preferred shares are fully forfeitable in the event the Directors terminated their employment before the third year anniversary. Additionally, these preferred shares were valued at $5 per share and were recorded as part of purchase price. The Company valued the preferred shares at $5.00 per share based on price paid in similar transactions involving the Company’s preferred stock.
	Contemporaneously with the Agreement, we entered into a Stock Purchase Agreement No.1 (the “Stock Agreement”) with First Market Services, a Nevada corporation (“FMS”), under which we may sell up to One Hundred Twenty Thousand (120,000) shares of our Series A Preferred Stock (the “Series A Shares”) for the purchase price of Five Dollars ($5) per share. Pursuant to the Stock Agreement, FMS has the right to purchase the Series A Shares in increments of One Thousand Dollars ($1,000) with a minimum purchase of Fifty Thousand Dollars ($50,000) per month for a minimum of twelve (12) months, with Forty Thousand Dollars ($40,000) being earmarked for the LEC Entities to fund their operations and growth, and Ten Thousand Dollars ($10,000) being earmarked to fund the costs associated with the Company being a public company.
	On October 12, 2012, we entered into an Acquisition and Stock Exchange Agreement (the “NCWI Agreement”) with Newport Coachworks, Inc., a California corporation (“NCWI”), under which we agreed to purchase 100% of the issued and outstanding securities of NCWI (the “NCWI Shares”) from Mr. Carter Read, NCWI’s sole shareholder, in exchange for the transfer of Five Million (5,000,000) shares of our common stock (The Company valued the common shares at $0.05 per share based on price paid in similar transactions involving the Company’s common stock) due at the closing of the transaction (the “GACR Closing Shares”), and up to an additional Twenty Two Million (22,000,000) shares of our common stock (the “GACR Additional Shares” and together with the GACR Closing Shares, the “GACR Shares”) to vest as follows: upon NCWI obtaining bona fide, binding purchase orders, with cash down payment standard in the industry to NCWI, from third party purchasers requiring NCWI to manufacturer Sixty (60) buses with compressed natural gas engines at NCWI’s manufacturing facility (each a “Qualified Purchase Order”) within the first twelve (12) months following the payment of one-half of the initial forecasted funding ($500,000). As discussed below, GACR will issue Mr. Read up to all of the GACR Additional Shares, which shares will either be kept in escrow and distributed, or kept in treasury and issued, to Mr. Read within ten (10) days of the end of each calendar quarter pro rata with the number of Qualified Purchase Orders received by NCWI for that quarter.
	The determination as to whether the shares will be issued and held in escrow or kept in treasury will be determined by the Parties in good faith and has not been determined to date. The GACR Shares, if all issued, would currently represent approximately 7.6% of our outstanding common stock. This transaction closed on October 12, 2012.
	As noted above, we have a financing obligation to NCWI under the NCWI Agreement under which we are agreed to provide up to One Million Dollars ($1,000,000) to NCWI pursuant to the forecasted timeline set forth in the NCWI Agreement. The total funding is made up of $500,000 as the forecasted requirement for initiating an internal combustion engine based bus manufacturing and $500,000 as the forecasted requirement for reaching pre-production stage in electric bus manufacturing. Both parties to the NCWI Agreement agreed that the funding requirements are forecasted amounts which may rise or fall according to business requirements and may be modified by the parties as needed.
	The allocation of the purchase price and the estimated fair market values of the assets acquired and liabilities assumed for the LEC and NCWI are shown below.
		LIBERTY		NEWPORT
		ELECTRIC		COACHWORKS
		CARS
		LIMITED
	Cash	$	149,497	1,000
	Notes receivable		212,773	-
	Other current assets		492,174	-
	Property and equipment, net		197,469	-
	Intangible asset (covenant not to compete)		1,500,000	-
	Other intangible assets (Goodwill)		2,233,543	249,000
	Total assets acquired		4,785,456	250,000
	Accounts payable and accrued expenses		446,945	-
	Deferred revenue		182,982	-
	Notes payable		625,195	-
	Other		43,225	-
	Total liabilities assumed		1,298,347	-
	Net assets acquired	$	3,487,109	250,000
	Final Consideration
	39,742,178 Common Stock issued for Liberty @ 5 cents		$1,987,109
	300,000 Series A Preferred Shares issued @$5		$1,500,000
	5,000,000 Common Stock issued for NCI @ 5 cents			$250,000
			$3,487,109	$250,000
	The following are unaudited pro-forma results of operations as if the acquisitions has occurred at the beginning of the period for the three months ended March 31, 2013 and 2012:
	Pro-forma (unaudited)
		For the three months ended
		March 31,
		2013		2012
	Revenues	$	218,396	$	317,434
	Costs of goods sold		78,847		25,337
	Gross profit		139,549		292,097
	Operating expenses
	Depreciation and amortization		8,876		141,227
	Loss on disposal of equipment		12,516		-
	General and administrative		486,148		547,259
			507,540		688,486
	Loss before other expenses		-367,991		-396,389
	Other income (expenses)
	Stock issued in settlement of an agreement		-214,286		-
	Change in fair value of derivative liability		38,690,539		-7,979
	Gain on conversion of debt to stock		40,749		-
	Loss on conversion of preferred shares		-20,375		-
	Interest expense		-45,919		-379
			38,450,708		-8,358
	Profit / (loss) before income taxes		38,082,717		-404,747
	Income taxes		-		-
	Net income / (loss)	$	38,082,717	$	-453,716
	Net income / (loss) per share (basic)	$	0.11	$	0
	Net income / (loss) per share (diluted)	$	0.07	$	0
	Weighted average shares outstanding (basic)		334,804,957		272,838,022
	Weighted average shares outstanding (diluted)		550,163,039		420,632,665
	The acquisition method of accounting is based on ASC Subtopic 805-10, “Business Combinations,” and uses the fair value concepts defined in ASC Subtopic 820-10, “Fair Value Measurements and Disclosures”. The purchase price for the LEC and NCWI Businesses was allocated to the net tangible and intangible assets based upon their fair values as of the respective acquisition dates. The allocation of the purchase price was based upon a valuation and the estimates and assumptions were subject to change within the measurement period. The excess of the purchase price over the fair values of the net tangible assets and intangible assets, if any, was recorded as goodwill and is generally driven by our expectations of our ability to realize synergies and achieve our strategic growth objectives.
	The goodwill recorded in connection with the LEC and NCWI acquisitions were $3,733,543 and $249,000, respectively, on each transaction acquisition date. and was fully written off in year ended December 31, 2012. The impairment arose because of the lowered revenue and cash flow projections.
	In accordance with U.S. GAAP, impairment testing for goodwill is performed at least annually. The Company performs its annual impairment test as of December 31. Goodwill is tested for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value.
	The impairment test for goodwill uses a two-step approach, which is performed at the entity level as the Company has one reporting unit. Step 1 compares the fair value of the reporting unit to its carrying value including goodwill. If the carrying value exceeds the fair value, there is a potential impairment and Step 2 must be performed. Step 2 compares the carrying value of the reporting unit’s goodwill to its implied fair value (i.e., the fair value of the reporting unit less the fair value of the unit’s assets and liabilities, including identifiable intangible assets). If the carrying value of goodwill exceeds its implied fair value, the excess is recorded as an impairment.
The Company performed its annual test of goodwill as of December 31, 2012. The Company determined the fair value of the reporting unit exceeded the carrying value of the reporting unit.
For the quarter ended September 30, 2012, the Company concluded there were indicators of potential goodwill impairment, including the decline in the value of the Company’s revenue recognition. As a result of identifying indicators of impairment, the Company performed an impairment test of goodwill as of December 31, 2012.
In performing Step 1 of the impairment test, the Company estimated the fair value of the reporting unit using the market approach for purposes of estimating the total enterprise value for the Company.
The market approach is based on the guideline publicly traded company method to determine the fair value of the reporting unit. Under this method, market multiples ratios were applied to the reporting unit’s earnings with consideration given to the Company’s size, product offerings, growth, and other relevant factors compared to those of the guideline companies. The guideline companies selected were engaged in the same or a similar line of business as the Company. Market multiples were then selected based on consideration of risk, growth, and profitability differences between the Company and the guideline companies. The selected market multiples were then multiplied by the Company’s earnings streams for the twelve months ended December, 2012 and an annual 2013 forecast, with each given equal weighting, to arrive at an estimate of fair value for the Company.
Based on the above analysis, it was determined that the carrying value of the reporting unit including goodwill exceeded the fair value of the reporting unit, requiring the Company to perform Step 2 of the goodwill impairment test to measure the amount of impairment loss, if any.
In performing Step 2 of the goodwill impairment test, the Company compared the implied fair value of the reporting unit’s goodwill to its carrying value of goodwill. This test resulted in a non-cash, goodwill impairment charge of $3,982,543 which was recognized during the year ended December 31, 2012. This charge had no impact on our cash flows or our compliance with debt covenants.
The following table sets forth the balance of the Company’s goodwill as of December 31, 2011 and September 30 2012:
	December 31,		Additions		Impairments		December 31,
	2011						2012
	(in millions)
Goodwill, gross	$	—	$	3,982,543	$	-3,982,543	$	—
Accumulated impairment losses		—		—		—		—
Total goodwill, net	$	—	$	3,982,543	$	-3,982,543	$	—
The fair value estimates used in the goodwill impairment analysis required significant judgment. The Company’s fair value estimates for purposes of determining the goodwill impairment charge are considered Level 3 fair value measurements. We based our fair value estimates on assumptions that we believe to be reasonable but that are inherently uncertain, including estimates of future revenues and operating margins and assumptions about the overall economic climate and the competitive environment for our business. Our estimates assume that revenues will decline into the foreseeable future. There can be no assurance that our estimates and assumptions will prove to be accurate predictions of the future. If our assumptions regarding business plans, competitive environments or anticipated operating results are not correct, we may be required to record goodwill impairment charges in future periods.

Accounts_Receivable

Accounts Receivable	3 Months Ended
	Mar. 31, 2013
Receivables [Abstract]	'
Accounts Receivable	'
	5. ACCOUNTS RECEIVABLE
	Accounts receivable consists of the following: as of March 31, 2013 and December 31, 2012:
	Accounts Receivables	March 31,		December 31.
		2013		2012
	Trade receivables	$	109,586	$	113,429
	Grant monies receivable	$	46,955	$	49,960
		$	156,541	$	163,389

Inventories

Inventories	3 Months Ended
	Mar. 31, 2013
Inventory Disclosure [Abstract]	'
Inventories	'
	6. INVENTORIES
	Inventories consist of raw materials and work In progress. These pertain to the Bus production in the NCWI facility. The Company’s inventories are valued at cost, as determined by the first-in, first out (FIFO) method; in aggregate such valuations are not in excess of market. and consisted of the following as of March 31, 2013 and December 31, 2012:
		March 31,		December 31.
		2013		2012
	Raw materials	$	6,936	$	-
	Work in progress		89,845		-
		$	96,781	$	-

Property_and_Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2013
Property, Plant and Equipment [Abstract]	'
Property and Equipment	'
	7. PROPERTY AND EQUIPMENT
	Property and equipment consists of the following: as of March 31, 2013 and December 31, 2012:
		March 31,		December 31,
		2013		2012
	Leasehold improvements	$	9,539	$	10,149
	Furniture and fixtures		7,930		8,086
	Equipment		280,344		111,973
	Computer hardware and software		37,779		32,963
	Vehicles		26,706		92,938
			362,298		256,109
	Less accumulated depreciation		-75,534		-92,044
		$	286,764	$	164,065
	Our property and equipment in 2013 are located equally in terms of value in California and in the United Kingdom (the “UK”). The UK assets are acquired as part of LEC Entities acquisition (see Note 4). For the three months ended March 31, 2013 and March 31 2012, depreciation expense was $8,876 and $660, respectively.

Intangible_Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Intangible Assets	'
	8. INTANGIBLE ASSETS
	Intangible assets consist of the following and were mainly related to the LEC acquisition:
		March 31,		December 31,
		2013		2012
	Go License	$	500,000	$	500,000
	Crash test homologation costs		228,912		228,912
	Liberty acquired technology		619,462		619,462
	Assembled workforce		689,000		689,000
	Trade name and website		45,000		45,000
	Non-compete agreement		1,500,000		1,500,000
			3,582,374		3,582,374
	Less amortization and impairment		-3,582,374		-3,582,374
		$	−	$	−
	Amortization expense was $0 for the three months ended March 31, 2013 and $133,201 for the three months ended March 31, 2012. Additionally, the Company impaired the remaining basis in the intangibles during the year ended December 31, 2012 as management revised its sales forecast for the product which impaired the goodwill as of December 31, 2012.

Deferred_Revenue

Deferred Revenue	3 Months Ended
	Mar. 31, 2013
Deferred Revenue Disclosure [Abstract]	'
Deferred Revenue	'
	9. DEFERRED REVENUE
	Deferred revenue consists of the following: as of March 31, 2013 and December 31, 2012:
	Deferred Revenues	March 31,		December 31.
		2013		2012
	Deferred Grant Income	$	307,079	$	307,226
	Deferred membership fees	$	123,707	$	114,956
	Payment on account – Newport Coachworks	$	3,750	$	-
		$	434,536	$	422,182

Share_Liability_on_Purchase_of

Share Liability on Purchase of NCWI	3 Months Ended
	Mar. 31, 2013
Share Liability On Purchase Of Ncwi	'
Share Liability on Purchase of NCWI	'
	10. SHARE LIABILITY ON PURCHASE OF NCWI
	On October 12, 2012, we entered into an Acquisition and Stock Exchange Agreement (the “NCWI Agreement”) with Newport Coachworks, Inc., a California corporation (“NCWI”), under which we agreed to purchase 100% of the issued and outstanding securities of NCWI (the “NCWI Shares”) from Mr. Carter Read, NCWI’s sole shareholder. As at March 31, 2013 the initial payment of 5 million ordinary shares has not been made.

Funds_Received_from_FMS_Note_C

Funds Received from FMS Note Converted into Preference Shares	3 Months Ended
	Mar. 31, 2013
Funds Received From Fms Note Converted Into Preference Shares	'
Funds Received from FMS Note Converted into Preference Shares	'
	11. FUNDS RECEIVED FROM FMS NOT CONVERTED INTO PREFERENCE SHARES
	During the year 2011 and through December 21, 2011, the Company borrowed a total of $1,139,670 from FMS under the Agreement., all advances were supported individually by a Convertible Preferred Note (“CPN”), the notes bore interest at 18% per annum and were convertible into the Company’s common stock at the rate of 0.05 limited to a ceiling of 4.99% of total outstanding shares on date of conversion.
	On December 21, 2011, the Company and FMS entered into the Settlement & Conversion Agreement (“SCA”) whereby the parties agreed that FMS should forgive all amounts owed from the Company under the agreement including the accrued interest of $66,280 as documented under the individual CPN for a total of $1,205,950 in consideration the Company issued to FMS 500,000 shares of the Company’s restricted no par value Series A Convertible Preferred Stock (“CPS”) (see Note 10). The CPS is convertible into Company’s common stock in accordance with the following formula:
	No. of common shares to be issued upon conversion of CPS =font>
	No. of common stock outstanding on date of conversion x 0.000001 x No. of preferred shares being converted.
	The Company has received advances during the three months ended March 31, 2013 in the amount of $418,639. These advances were made directly from the major shareholder. These advances are due upon demand and do not bear any interest. The Company converted $180,188 of the advances in the first quarter of 2013 to 21,841 shares of the Company’s preferred stock at $8.25 per share. At March 31, 2013 $358,552 had not been converted into preferred shares.

Sums_Due_to_Global_Market_Advi

Sums Due to Global Market Advisors	3 Months Ended
	Mar. 31, 2013
Sums Due To Global Market Advisors	'
Sums Due to Global Market Advisors	'
	12. SUMS DUE TO GLOBAL MARKET ADVISORS
	On July 19, 2010, we entered into an Advisory Agreement (the “Advisory Agreement’) with Global Market Advisors, Inc., a Nevada corporation (“GMAI”). Under the Advisory Agreement, GMAI was retained by us to assist with a variety of services, including, but not limited to, assisting us with our filings as a public company, making the public aware of us and our business, and provide general advice to our management in order to execute our business plan and strategy. In exchange for the services we agreed to compensate GMAI and at March 31, 2013 advisory fees of $104,100 have been accrued.

Sums_Due_to_Global_Trade_Finan

Sums Due to Global Trade Finance	3 Months Ended
	Mar. 31, 2013
Sums Due To Global Trade Finance	'
Sums Due to Global Trade Finance	'
	13. SUMS DUE TO GLOBAL TRADE FINANCE
	On January 1, 2012 the Company made and entered into a credit facility with Global Trade Finance (“GTF”) to provide credit up to $250,000. The Company had drawn down $79,000 of the facility through the second quarter of 2012. The effective rate of interest is 8% on the facility, and the facility was to be secured by 5,000,000 shares of Green Auto common stock, and the advances made to the Company under the credit facility were not reduced to Convertible Notes. The facility was to be due January 1, 2013, or up to twenty four months if demand for repayment is not made, however, effective June 30, 2012, the $79,000 was converted into 1,500,000 shares of Green Auto common stock. The Company recorded $4,000 gain on settlement of debt. The Company also borrowed another $25,000 on this facility that it still owes under the same terms listed above.

Notes_Payable_Net_of_Discounts

Notes Payable, Net of Discounts	3 Months Ended
	Mar. 31, 2013
Debt Disclosure [Abstract]	'
Notes Payable, Net of Discounts	'
	14. NOTES PAYABLE, NET OF DISCOUNTS
	Notes Payable	March 31,		December 31,
		2013		2012
	N Eckert - £116,625 Note Payable, 12% interest, due upon the company raising in excess of £500,000 on OTCBB market, unsecured	$	177,142	$	188,478
	R Knight £38,500 Note Payable, Nil Interest, when funds permit, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	58,478	$	62,220
	P Beitl £52,540 (2012: £37,983) Note Payable, Nil Interest, when funds permit, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	79,803	$	61,384
	R Mcwaters – £25,000 Note payable, 12% interest, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	37,973	$	40,403
	D Voss – £25,000 Note payable, 12% interest, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	37,973	$	40,403
	M Elson – £20,000 Note payable, 12% interest, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	30,376	$	32,322
	N Jones £10,053 Note Payable, Nil Interest, when funds permit, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	15,270	$	16,247
	I Hobday – £3,525 Note payable, Nil interest, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	5,354	$	5,697
	P Lilley £700 Note Payable, Nil Interest, when funds permit, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	1,064	$	1,130
		$	443,433	$	448,284
	Debt Discount	$	-31,888	$	-63,777
		$	411,545	$	384,507
	As part of the acquisition of Liberty Electric described in Note 4 above, the Company had $625,195 in notes payable. Most of these notes are non-interest bearing and due upon demand. Four notes with a total amount of $211,240 were converted into 1,004,180 shares of GACR common stock. One note in the amount of $5,354 has an interest rate of nil% and is due to a related party. The balance due on the other notes at March 31, 2013 is $408,601 and at December 31, 2012 $5,697 was owed to a related party and the remaining notes totaled $378,810.

Stock_Incentive_Plan

Stock Incentive Plan

3 Months Ended

Mar. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

'

Stock Incentive Plan

'

15. STOCK INCENTIVE PLAN

On May 30, 2011, the Company adopted the 2011 Non-Qualified Stock Incentive Plan (the “Plan”). Under the Plan, participants, including both employees and nonemployees of the Company, have the opportunity to acquire common units of the Company. For awards made under the Plan, participants purchase common units at the time the award is made at (i) a stated value, or (ii) a percentage that is not less than 50% of the current fair market value of the stock. Award agreements with employees have a term of ten years and typically have a graded vesting terms over five years. If a participant ceases to be employed with the Company prior to the end of the vesting period, the participant forfeits his/her rights to any unvested units at the date of the termination.

There were 4,000,000 unvested stock options as of March 31, 2013 and December 31, 2012. The Company granted 18,000,000 and 1,000,000 stock options during the years ended December 31, 2012 and 2011, respectively. No options were granted during the three months ended March 31, 2013 The Company also did not record any stock option expense for the quarters ended March 31, 2013 and 2012.

The fair value of each option award is estimated on the date of grant using the Black-Scholes option valuation model that uses the assumptions noted in the following table. Because the Black-Scholes option valuation model incorporate ranges of assumptions for inputs, those ranges are disclosed. Expected volatilities are based on historical volatilities of the Company’s stock. The Company uses historical data to estimate option exercise and employee termination within the valuation model. The expected term of options granted is derived from estimates and represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant.

March 31,

December 31,

2013

2012

Expected Volatility

88

%

88

%

Expected dividends

−

%

−

%

Expected terms (in years)

3

3

Risk-free rate

0.36

%

0.36

%

Forfeiture rate

−

%

−

%

A summary of option activity as of March 31, 2013 and December 31, 2012, and changes during the periods then ended is presented below:

Weighted-

Average

Average

Remaining

Aggregate

Exercise

Contractual

Intrinsic

Options

Price

Life (Years)

Value

Outstanding at December 31, 2011

4,000,000

$

0.002

1.41

$

191,500

Granted

18,000,000

0.42

2.9

−

Exercised

−

−

−

−

Forfeited or expired

−

−

−

−

Outstanding at December 31, 2012

22,000,000

$

0.34

2.44

$

191,500

Exercisable at December 31, 2012

18,000,000

$

0.42

3

$

−

Weighted-

Average

Average

Remaining

Aggregate

Exercise

Contractual

Intrinsic

Options

Price

Life (Years)

Value

Outstanding at January 2013

22,000,000

$

0.34

2.44

$

191,500

Granted

−

−

−

−

Exercised

−

−

−

−

Forfeited or expired

−

−

−

−

Outstanding at March 31,2013

22,000,000

$

0.34

2.19

$

191,500

Exercisable at March 31,2013

18,000,000

$

0.42

2.75

$

−

Stockholders_Deficit

Stockholders' Deficit	3 Months Ended
	Mar. 31, 2013
Equity [Abstract]	'
Stockholders' Deficit	'
	16. STOCKHOLDERS’ DEFICIT (As Restated)
	Convertible Preferred Stock and Derivative Liability
	On December 21, 2011, the Company and FMS entered into the Settlement & Conversion Agreement (“SCA”) whereby the parties agreed that FMS should forgive all amounts owed from the Company under the agreement including the accrued interest as documented under the individual convertible promissory notes for a total of $1,205,950 in consideration the Company issued to FMS 500,000 shares of the Company’s restricted no par value Series A Convertible Preferred Stock (“CPS”).
	On July 23, 2012 and in relation with the LEC Acquisition (Note 4), the Company issued 300,000 shares of restricted preferred stock to two LEC Directors as a covenant not to compete. The preferred shares are fully forfeitable in the event the Directors terminated their employment or violated the non-compete provision before the third year anniversary. Additionally, these preferred shares were valued at $5 per share and were recorded as part of the purchase price.
	On or about September 29, 2012, the Company issued an additional 30,000 CPS to FMS to settle $150,000 of advances owed to FMS (see Note 4) at a conversion rate of $5 per CPS.
	On or about December 26, 2012, the Company issued an additional 53,680 CPS to FMS for cash at a price of $5 per CPS.
	On or about December 26, 2012, the Company issued an additional 12,121 CPS to FMS for cash at a price of $8.5 per CPS.
	On or about February 15, 2013 FMS converted 62,500 Pref A shares in to 20,437,331 shares of our common stock.
	On or about March 6, 2013, the Company issued an additional 21,841 CPS to FMS for cash at a price of $8.5 per CPS in settlement of $180,188 advances from related party.
	The CPS is convertible into Company’s common stock in accordance with the following formula:
	No. of common shares to be issued upon conversion of CPS =font>
	No. of common stock outstanding on date of conversion x 0.000001 x No. of preferred stock being converted.
	Additionally, the financial statements presented here have been restated to give effect that subsequent to the filing date of the Original Form 10-K the Company the Black Scholes calculation for Derivative Transactions relating to the Series A Convertible Preferred Stock incorrectly assumed that there was a 16.667% restriction in the number of common shares that the preferred shares could be converted into. This had the effect of understating the cost of the transactions in 2011 and 2012 and understating the liability. Please see restatement note 20 below.
	Due to their being no explicit limit to the number of shares to be delivered upon settlement of the above conversion option embedded in the CPS, the conversion feature is classified as derivative liabilities and recorded at fair value.
	Pursuant to ASC 815, “Derivatives and Hedging,” the Company initially recognized the fair value of the embedded conversion feature of the CPS on date of issuance and was charged to operations. On March 31, 2013, the Company recorded a mark-to-market adjustment based on the fair value of the derivative liability on that date which resulted in a gain of $38,690,539. The fair value of the derivative liability was determined using the Black Scholes option pricing model with a quoted market price of $0.18, a conversion price of $0.157, expected volatility of 104%, no expected dividends, an expected term of one year and a risk-free interest rate of 0.16%. As of March 31, 2013, the number of common shares that could be potentially issued to settle the conversion of the preferred stock is 191,815,170 common shares.
	The following table sets forth by level with the fair value hierarchy the Company’s financial assets and liabilities measured at fair value on March 31, 2013.
		Level 1		Level 2		Level 3		Total
	Assets
	None	$	-	$	-	$	-	$	-
	Liabilities
	Derivative Financial instruments	$	-	$	-	$	33,138,133	$	33,138,133
	The following table summarizes the derivative liabilities included in the condensed consolidated balance sheet at March 31, 2013:
	Balance at December 31, 2011	$	5,731,806
	Derivative liability related to LEC debt conversion feature		133,872
	Derivative liability related to preferred stock conversion feature		73,866,998
	Balance at January 1, 2013	$	79,732,676
	Derivative liability related to LEC debt conversion feature		-40,749
	Derivative liability related to preferred stock conversion feature		-7,863,255
	Change in Value of Historic Derivatives		-38,690,539
	Balance at March 31, 2013 (unaudited)	$	33,138,133
	Common Stock
	During the quarter ended June 30, 2011, a third party individual purchased 1,000,000 shares of common stock for $10,000 cash. In addition, this third party provided services to the company valued at $40,000 based on market prices of those services.
	On January 1, 2012 the Company made and entered into a credit facility with Global Trade Finance (“GTF”) to provide credit up to $250,000. The Company had drawn down $79,000 of the facility through the second quarter of 2012. The effective rate of interest is 8% on the facility, and the facility was to be secured by 5,000,000 shares of Green Auto common stock, and the advances made to the Company under the credit facility were not reduced to Convertible Notes. The facility was to be due January 1, 2013, or up to twenty four months if demand for repayment is not made, however, effective June 30, 2012, the $79,000 was converted into 1,500,000 shares of Green Auto common stock. The Company recorded $4,000 loss on settlement of debt. The Company has borrowed another $25,000 on this facility that it still owes under the same terms listed above.
	On January 27, 2012, the Company issued 8,000,000 shares of its common stock for the settlement of $430,689 of payables due to related parties.
	On June 28, 2012, we entered into a Stock Exchange Agreement (the “Agreement”) with Liberty Electric Cars Ltd., an England and Wales private company limited (“LEC”), and its wholly-owned subsidiary LEC 2, Limited, an England and Wales private company limited (“LEC2” and together with LEC, the “LEC Entities”), under which our wholly-owned subsidiary, Liberty Automotive Group, Inc. (formerly GAC EV Motors Inc.), a Nevada corporation (“LAG”) agreed to purchase 100% of the issued and outstanding securities of LEC (the “LEC Shares”), and LEC owns 100% of the issued and outstanding securities of LEC2 (the “LEC2 Shares”) (collectively the “LEC Securities”) in exchange for the transfer of Thirty Nine Million Seven Hundred Forty Two Thousand One Hundred Seventy Eight (39,742,178) shares of our common stock held by LAG to the LEC Shareholders. These shares represent approximately Ten percent (10%) of our outstanding voting control. This transaction closed on July 23, 2012.
	On or about November 13, 2012, we issued an aggregate of 1,004,180 shares of our common stock to four non-affiliate investors in exchange for $211,240 owed by Liberty under debt instruments. The issuances were exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and the investor was either accredited or sophisticated and familiar with our operations.
	On or about November 13, 2012, we issued 300,000 shares of our common stock to one non-affiliate investor in exchange for $47,038 owed by Liberty for services performed. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and the investor was either accredited or sophisticated and familiar with our operations.
	On or about February 15, 2013 FMS converted 62,500 Pref A shares in to 20,437,331 shares of our common stock.
	On or about February 15, 2013, we issued 375,000 shares of our common stock to Kodiak Capital Group LLC worth $150,000 as part of the Kodiak Funding Agreement. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and the investor was either accredited or sophisticated and familiar with our operations.
	On or about February 15, 2013, we issued 160,715 shares of our common stock to Colin Manners (part of Kodiak Capital Group LLC) worth $64,286 as part of the Kodiak Funding Agreement. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and the investor was either accredited or sophisticated and familiar with our operations.
	On March 18, 2013, the Company entered into a funding agreement for up to $3 million with Kodiak Capital Group LLC , a Newport Beach-based institutional investor. The Company has agreed to file a registration statement with the U.S. Securities & Exchange Commission (“SEC”) covering the shares that may be issued to Kodiak under the terms of the common stock purchase agreement. After the SEC has declared the registration statement related to the transaction effective, the Company has the right at its sole discretion over a period of one year to sell up $3 million of its common stock to Kodiak under the terms set forth in the agreement. Proceeds from this transaction will be used to fund the Company’s business development and for general corporate purposes.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	17. INCOME TAXES
	Our provisions for income taxes for the three months ended March 31, 2013 and for the three months ended March 31, 2012 , respectively, were as follows (using our blended effective Federal and State income tax rate of 35.0%):
		2013		2012
	Current Tax Provision:
	Federal and state
	Taxable income	$	-	$	-
	Total current tax provision	$	-	$	-
	Deferred Tax Provision:
	Federal and state
	Net loss carryforwards	$	-13,328,950	$	29,591,783
	Change in valuation allowance		13,328,950		-29,591,783
	Total deferred tax provision	$	-	$	-
	Deferred tax assets for the three months ended March 31, 2013 and year ended December 31, 2012 consisted of the following:
		2013		2012
	Deferred tax assets:
	Net operating loss carryforwards	$	-38,082,717	$	84,547,954
	Valuation allowance		38,082,717		-84,547,954
	Net deferred tax assets	$	-	$	-
	Internal Revenue Code Section 382 and similar California rules place a limitation on the amount of taxable income that can be offset by net operating loss carryforwards (“NOL”) after a change in control (generally greater than a 50% change in ownership). Transactions such as planned future sales of our common stock may be included in determining such a change in control. These factors give rise to uncertainty as to whether the net deferred tax assets are realizable. We have approximately $12,615,000 in NOL at December 31, 2012 that will begin to expire in 2030 for federal and state purposes and could be limited for use under IRC Section 382. We have recorded a valuation allowance against the entire net deferred tax asset balance due because we believe there exists a substantial doubt that we will be able to realize the benefits due to our lack of a history of earnings and due to possible limitations under IRC Section 382.
	A reconciliation of the expected tax benefit computed at the U.S. federal and state statutory income tax rates to our tax benefit for the three months ended March 31, 2013 and year ended December 31, 2012 is as follows:
		3 month ended and Year ended December 31,
		2013				2012
	Federal income tax rate at 35%	$	13,328,950	35	%	$	-29,591,783	35	%
	State income tax, net of federal benefit		-	-	%		-	-	%
	Change in valuation allowance		-13,328,950	-35	%		29,591,783	-35	%
	Benefit for income taxes	$	-	-	%	$	-	-	%
	We file income tax returns in the U.S. with varying statutes of limitations. Our policy is to recognize interest expense and penalties related to income tax matters as a component of our provision for income taxes. There were no accrued interest and penalties associated with uncertain tax positions as of December 31, 2012 and 2011. We have no unrecognized tax benefits and thus no interest or penalties included in the financial statements.

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Contingencies	'
	18. CONTINGENCIES
	Our predecessor, Go Green USA, LLC (“Go Green”) was a defendant, along with other defendants in a civil action filed in Marshall County, West Virginia by Glen Dale Motor Co. and Tomsic Motor Co, Civil Action no. 11-C-104 H. This undefended and previously unknown action resulted in a default judgment order in the amount of $3,717,615 with interest accruing at 7% per annum from and after February 13, 2012. There is no active effort to enforce this action against Go Green and we believe there are numerous defenses to the asserted judgment and any such enforcement effort. Moreover, the existence of the liability pre-existed our acquisition of Go Green and its existence was not disclosed as a part of the acquisition.
	Management has not accrued for this event in the financial statements as its not determinable whether the Company is liable for this as Steve Wells is no longer with the Company. The Company expects that if they are served that the expected loss could be between zero to $3,717,615.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	19. SUBSEQUENT EVENTS
	On January 31, 2013, the Company signed a binding agreement to buy UK-based electric vehicle distributor Going Green Limited (www.goingreen.co.uk). Trading under the brand name, “GoinGreen”, it has sold over 1400 of the highly successful G-Wiz electric vehicles, making it one of Europe’s largest single retailers of electric vehicles. Going Green Ltd was founded in 2002 and in the early days, set itself the mission to minimize the effects of climate change by encouraging carbon-neutral motoring. The company pioneered electric vehicles in the UK with the G-Wiz, an electric vehicle designed in California and manufactured in India by the Indo-Reva Electric Car Company, making London the capital of the electric vehicle (EV). The deal was completed on April 1, 2013 when 1,562,498 shares of GACR common stock was exchanged for 100% of the issued and outstanding securities of Going Green Limited (an England and Wales private limited company).
	On April 15, 2013, the Company’s subsidiary, Newport Coachworks Inc. (NCI), delivered the first one of the 432 buses ordered from its major customer Don Brown Bus Sales Inc.
	On March 22, 2013 GACR filed an Ex Parte Motion For Temporary Restraining Order against TBG in the Utah District Court in Salt Lake City, Utah (the “Utah TRO”) requesting the Court for permission to instruct the GACR Transfer Agent to put a Rule 144 Legend on two (2) certificates (representing 1,000,000 shares of GACR Common Stock - the “TBG Shares”) which had been submitted by TBG to MTG Trading (a registered NASD Broker-Dealer) for deposit in “street name” for future sale into the public market. After a brief hearing on March 22, 2013, the Court, decided that there was enough evidence presented by GACR to justify a Temporary Restraining Order, and granted GACR's motion.
	The following week the Court held a Hearing with all parties to settle on a form of order for the permanent injunction requested by GACR, or allow the GACR Transfer Agent to re-issue the TBG Shares in the name of Cede & Co. (effectively allowing the TBG Shares to be sold as “Free-Trading” shares in the public market): the Court decided to let the Temporary Restraining Order stand, which served to prevent Action Stock Transfer from re-issuing the TBG Shares in the name of Cede & Co. but left open for additional briefing and consideration the issue of whether the amount of the bond for the injunction should be increased to the difference between the current estimated free market value of the TBG Shares ($250,000 give or take) and the value on the day of the Courts decision. The Court determined that the possible loss to TBG, if it was decided that the TBG Shares should not have been held by the GACR Transfer Agent and re-legended, was $50,000 and ordered GACR to post a $50,000 Bond, which we posted.
	However, on May 9, 2013 the Court issued its Memorandum Decision and Order in favor of GACR placing a Permanent Injunction on the re-issuance of the TBG Shares without a Rule 144 Legend until such shares were eligible under Rule 144 for the removal of the restrictive Legend, which is on or about December 24, 2013. As a result, GACR’s Bond will be canceled and, while TBG has the right to appeal the Memorandum Decision and Order. In management’s view it is more likely than not that TBG will not do so and, failing an appeal by TBG, GACR is released from the terms of the Utah TRO as to the restriction on issuance of additional shares to meet pre-TRO agreements and other agreements to which we are a party which require the issuance of additional shares of our stock. See Memorandum Decision and Order attached as Exhibit 99.1 to our First Amended Quarterly Report on Form 10-Q/A for the period ended June 30, 2013.

Restatement

Restatement	3 Months Ended
	Mar. 31, 2013
Accounting Changes and Error Corrections [Abstract]	'
Restatement	'
	20. RESTATEMENT
	The Black Scholes calculation for Derivative Transactions relating to preferred A shares incorrectly assumed that there was a 16.667% restriction in the number of ordinary shares that they could be converted in to. This had the effect of understating the income in the Statement of Operations derived reversing change in value of historic derivatives and understating the level of Derivative liability on the balance sheet.
	The original Valuation for 2012 was based on 595,801 Series A Preferred shares (Convertible to Common Stock) converting to a restricted 54,092,993 of common stock at a Black Scholes value of $0.39 per share giving a total liability of $21,114,932. The revised valuation was based on an unrestricted 193,368,089 of common stock at a Black Scholes value of $0.41 per share giving a total liability of $79,598,804. This gave rise to a further $58,483,872 of derivative liability to date
	500,000 Series A preferred shares were issued to FMS on February 8, 2012
	30,000 Series A preferred shares were issued to FMS on September 29, 2012
	12,121 Series A preferred shares were issued to FMA on December 17, 2012
	30,000 Series A preferred shares were issued to FMA on December 17, 2012
	23,680 Series A preferred shares were issued to FMS on December 26, 2012
	595,801
	The original Valuation for three months ended 2013 was based on 555,142 Series A Preferred shares (Convertible to Common Stock) converting to a restricted 57,588,571 of common stock at a Black Scholes value of $0.158 per share giving a total liability of $9,090,814 and a movement for the three months of $12,024,118. The revised valuation was based on an unrestricted 191,815,170 of common stock at a Black Scholes value of $0.172 per share giving a total liability of $33,044,939 and a movement for the three months of $46,553,865. This gave rise to a net change of $34,529,747 of derivative liability for the quarter.
	595,801  Series A preferred shares as at January 1st, 2012
	(62,500) Series A preferred shares converted to ordinary shares on February 15, 2013
	21,841  Series A preferred shares were issued to FMS on March 6, 2013
	555,142
	GREEN AUTOMOTIVE COMPANY AND SUBSIDIARIES
	(Formerly Green Automotive Company Corporation)
	Restated Condensed Consolidated Balance Sheets
	March 31, 2013
		Balance Sheets
		as at March 31, 2013
		March 31,		Adjustments		Restated
		(Unaudited)
	Total Current Assets	$	397,328	$	-	$	397,328
	Property and equipment, net		286,764		-		286,764
	Total Assets	$	684,092	$	-	$	684,092
	Current Liabilities
	Accounts payable and accrued expenses	$	932,603	$	-	$	932,603
	Deferred revenue		434,536		-		434,536
	Credit facility and other advances		87,125		-		87,125
	Derivative liability		9,184,008		23,954,125		33,138,133
	Share liability on purchase of NCWI		250,000		-		250,000
	Funds received from FMS not converted into Preference Shares		358,552		-		358,552
	Sums due to Global Market Advisors		104,100		-		104,100
	Accrued value added taxes		37,543		-		37,543
	Sums due to global trade finance		25,000		-		25,000
	Lease payable		11,347		-		11,347
	Other payables		38,210		-		38,210
	Total Current Liabilities		11,463,024		23,954,125		35,417,149
	Total Long-term Liabilities		411,545		-		411,545
	Total Liabilities		11,874,569		23,954,125		35,828,694
	Contingencies		-		-		-
	Stockholder's Deficit
	Preferred stock, Class A Convertible Preferred Stock 100,000,000 shares authorized at March 31, 2013, $.001 par value, 855,142 shares issued and outstanding at March 31, 2013.		855		-		855
	Preferred Stock, Class B Preferred Stock, 10,000,000 shares authorized at March 31, 2013, $.001 par value, 0 shares issued and outstanding at March 31, 2013.		-		-		-
	Common stock, 900,000,000 shares authorized $.001 par value, 345,524,514 and shares issued and outstanding at March 31, 2013.		345,524		-		345,524
	Additional paid-in capital		20,967,575		-		20,967,575
	Accumulated other comprehensive loss		-13,379		-		-13,379
	Accumulated deficit		-32,491,052		-23,954,125		-56,445,177
	Total Stockholder's Deficit		-11,190,477		-23,954,125		-35,144,602
	Total Liabilities and Stockholders' Deficit	$	684,092	$	-	$	684,092
	Accumulated deficit
	Opening 2012		-36,044,022		-58,483,872		-94,527,894
	Comprehensive Income for 2013		3,552,970		34,529,747		38,082,717
	Closing		-32,491,052		-23,954,125		-56,445,177
	GREEN AUTOMOTIVE COMPANY AND SUBSIDIARIES
	(Formerly Green Automotive Company Corporation)
	Restated Condensed Consolidated Statements of Operations
	For The Three Months Ended March 31, 2013
	Unaudited
		3 Months ended March 31, 2013
		As Reported		Adjustments		Restated
	Gross profit		139,549				139,549
	Operating expenses
Depreciation and amortization		8,876				8,876
Loss on disposal of equipment		12,516				12,516
Stock based compensation		-		214,286		214,286
General and administrative		700,434		-214,286		486,148
		721,826				721,826
(Loss) before other expenses		-582,277		-		-582,277
Other income (expenses)
Change in fair value of derivative liability		4,160,792		34,529,747		38,690,539
Gain on conversion of debt to stock		40,749		-		40,749
Loss on conversion of preferred shares		-20,375		-		-20,375
Interest expense		-45,919		-		-45,919
		4,135,247		34,529,747		38,664,994
Profit before income taxes		3,552,970		34,529,747		38,082,717
Income taxes		-		-		-
						-
Net income	$	3,552,970	$	34,529,747	$	38,082,717
Net income per share (basic)	$	0.01			$	0.11
Net income per share (diluted)	$	0.01			$	0.07
Weighted average shares outstanding (basic)		335,037,991		-233,034		334,804,957
Weighted average shares outstanding (diluted)		638,827,910		-88,664,871		550,163,039
GREEN AUTOMOTIVE COMPANY AND SUBSIDIARIES
(Formerly Green Automotive Company Corporation)
Restatement Condensed Consolidated Statements of Cash Flows
For The Quarter Ended March 31, 2013
	3 Months ended March 31, 2013
	As Reported		Adjustments		Restated
	(Unaudited)
OPERATING ACTIVITIES:
Net income (loss)	$	3,552,970	$	34,529,747	$	38,082,717
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization		8,876		-		8,876
Loss on conversion of Preferred Shares		20,375		-		20,375
Loss on disposal of assets		12,516		-		12,516
(Gain)/loss on conversion of debt to stock		-40,749		-		-40,749
Change in fair value of derivative liability		-4,160,792		-34,529,747		-38,690,539
Share based compensation		214,286		-		214,286
Changes in assets and liabilities:						-
Accounts receivable		6,848		-		6,848
Inventories		-96,781		-		-96,781
Other assets		-19,917		-		-19,917
Prepaid expenses		-48,505		-		-48,505
Accounts payable and accrued expenses		-1,275		-		-1,275
Deferred revenue		12,354		-		12,354
Net cash (used in) operating activities		-539,794		-		-539,794
Net cash provided by investing activities		-142,328		-		-142,328
Net cash provided by financing activities		525,297		-		525,297
Effect of change in exchange rate on cash		107,495		-		107,495
Net (decrease) / increase in cash		-49,330		-		-49,330
CASH AT BEGINNING PERIOD		87,325		-		87,325
CASH AT END OF PERIOD	$	37,995	$	-	$	37,995
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	$	-	$	-	$	-
Cash paid for income taxes	$	-	$	-	$	-
NON-CASH INVESTING AND FINANCING TRANSACTIONS
Share based compensation	$	214,286	$	-	$	214,286
Common shares issued in exchange for preferred shares	$	7,883,630	$	-	$	7,883,630
Common shares issued to settle liabilities	$	-	$	-	$	-
Preferred shares issued to settle debt	$	180,188	$	-	$	180,188
GREEN AUTOMOTIVE COMPANY AND SUBSIDIARIES
(Formerly Green Automotive Company Corporation)
Restated Condensed Consolidated Statements of Operations
For The Three Months Ended March 31, 2012
Unaudited
	3 Months ended March 31, 2012
	As Reported		Adjustments		Restated
Loss before other expenses	$	-684,160	$	-	$	-684,160
Other income (expenses)
Change in fair value of derivative liability		-		-7,979		-7,979
Gain on conversion of debt to stock		430,689		-		430,689
Interest expense		-379		-		-379
		430,310		-7,979		422,331
Profit / (loss) before income taxes		-253,850		-7,979		-261,829
Income taxes		-		-		-
						-
Net income / (loss)	$	-253,850	$	-7,979	$	-261,829
Net income / (loss) per share Basic	$	0			$	0
Net income / (loss) per share Diluted	$	0			$	0
Weighted average shares		272,838,022		-		272,838,022
Weighted average shares (fully diluted)		420,632,665		-		420,632,665
GREEN AUTOMOTIVE COMPANY AND SUBSIDIARIES
(Formerly Green Automotive Company Corporation)
Restatement Condensed Consolidated Statements of Cash Flows
For The Quarter Ended March 31, 2012
	3 Months ended March 31, 2012
	As Reported		Adjustments		Restated
	(Unaudited)
OPERATING ACTIVITIES:
Net loss	$	-253,850	$	-7,979	$	-261,829
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization		133,861		-		133,861
(Gain)/loss on conversion of debt to stock		430,689		-		430,689
Change in fair value of derivative liability		-		7,979		7,979
Changes in assets and liabilities:
Accounts receivable		-385,953		-		-385,953
Net cash (used in) operating activities		-75,253		-		-75,253
Net cash provided by investing activities		-		-		-
Net cash provided by financing activities		89,310		-		89,310
Effect of change in exchange rate on cash		-		-		-
Net (decrease) / increase in cash		14,057		-		14,057
CASH AT BEGINNING PERIOD		906		-		906
CASH AT END OF PERIOD	$	14,963	$	-	$	14,963
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	$	-	$	-	$	-
Cash paid for income taxes	$	-	$	-	$	-
NON-CASH INVESTING AND FINANCING TRANSACTIONS
Common shares issued to settle liabilities	$	430,689	$	-	$	430,689
GREEN AUTOMOTIVE COMPANY AND SUBSIDIARIES
(Formerly Green Automotive Company Corporation)
Restated Consolidated Balance Sheet
31-Dec-12
	Balance Sheets
	as at December 31, 2012
	December 31,		Adjustments		Restated
Current Assets
Total Assets	$	463,697	$	-	$	463,697
Current Liabilities
Accounts payable and accrued expenses		872,086		-		872,086
Due to related parties		-		-		-
Deferred revenue		422,182		-		422,182
Current portion of notes payable		-		-		-
Credit facility and other advances		73,916		-		73,916
Derivative liability		21,248,804		58,483,872		79,732,676
Shares owed to Carter Read on purchase of NCI		250,000		-		250,000
Funds received from FMS not converted into Preference Shares		120,102		-		120,102
Sums due to Global market Advisors		104,100		-		104,100
Value added Taxes owed		39,944		-		39,944
Sums due to Equity Market D		25,000		-		25,000
Lease creditor		15,062		-		15,062
Sundry Creditors		27,474		-		27,474
Total Current Liabilities		23,198,670		58,483,872		81,682,542
Total Long-term Liabilities		384,507		-		384,507
Total Liabilities		23,583,177		58,483,872		82,067,049
Contingencies		-		-		-
Stockholder's Deficit
Preferred stock, Class A Convertible Preferred Stock 100,000,000 shares authorized at December 31, 2012 and 895,801 shares issued and outstanding at December 31, 2012.		896		-		896
Preferred Stock, Class B Preferred Stock, 10,000,000 shares authorized at December 31, 2012 respectively, $.001 par value, 0 shares issued and outstanding at December 31, 2012.		-		-		-
Common stock, 900,000,000 shares authorized $.001 par value and 324,551,468 shares issued and outstanding at December 31, 2012.		324,551		-		324,551
Additional paid-in capital		12,710,403		-		12,710,403
Accumulated other comprehensive loss		-111,308		-		-111,308
Accumulated deficit		-36,044,022		-58,483,872		-94,527,894
Total Stockholder's Deficit		-23,119,480		-58,483,872		-81,603,352
Total Liabilities and Stockholders' Deficit	$	463,697	$	-	$	463,697
Accumulated deficit
Opening 2012		-5,621,179		-4,358,761		-9,979,940
Comprehensive Loss for 2012		-30,422,843		-54,125,111		-84,547,954
Closing		-36,044,022		-58,483,872		-94,527,894

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2013
Accounting Policies [Abstract]	'
Principles of Consolidation	'
	Principles of Consolidation
	The Company’s unaudited condensed consolidated financial statements include the assets, liabilities and operating results of majority-owned subsidiaries. The Company does not hold significant variable interests in any variable interest entities. All significant intercompany accounts and transactions have been eliminated.
Reverse Merger Accounting	'
	Reverse Merger Accounting
	The MOT Merger was accounted for as a reverse-merger and recapitalization in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Green Automotive Company was the acquirer for financial reporting purposes and MOT was the acquired company. Consequently, the assets and liabilities and operations that are reflected in the historical financial statements prior to the Merger will be those of Green Automotive Company and will be recorded at the historical cost basis of the Company. The consolidated financial statements after completion of the Merger include the assets and liabilities of Green Automotive Company. Common stock and the corresponding capital amounts of the Company pre-merger have been retroactively restated as capital stock shares reflecting the exchange ratio in the Merger.
Going Concern	'
	Going Concern
	Our condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern. However, as of March 31, 2013, we have sustained recurring operating losses and have a stockholders’ deficit of $35,144,602. These conditions, among others, give rise to substantial doubt about our ability to continue as a going concern. Management is continuing to seek additional equity capital to fund the acquisition or to purchase an ongoing business and improving profitability of existing operations. Until such time, we anticipate our working capital needs will be funded through the issuance of debt and equity instruments. Management believes these steps will provide us with adequate funds to sustain our continued existence. There is, however, no assurance that the steps taken by management will meet all of our needs or that we will continue as a going concern. The accompanying condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Use of Estimates	'
	Use of Estimates
	The preparation of the condensed consolidated financial statements requires management of the Company to make a number of estimates and assumptions relating to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The assumptions used by management in future estimates could change significantly due to changes in circumstances, including, but not limited to, challenging economic conditions. Accordingly, future estimates may differ significantly.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	Cash and cash equivalents consist of amounts held as bank deposits and highly liquid debt instruments purchased with an original maturity of three months or less. The Company had no cash equivalents as of March 31, 2013 and December 31, 2012.
Accounts receivable	'
	Accounts receivable
	Accounts receivable consists of trade receivables, which are recorded at the invoiced amount, net of taxes, allowances for doubtful accounts and prompt payment discounts. Trade receivables do not carry interest. The allowance for doubtful accounts represents management’s estimate of the amount of probable credit losses in existing accounts receivable, as determined from a review of past due balances and other specific account data. Account balances are written off against the allowance when management determines the receivable is uncollectible.
Inventories	'
	Inventories
	The Company’s inventories are valued at cost, as determined by the first-in, first out (FIFO) method; in aggregate such valuations are not in excess of market.
Concentrations	'
	Concentrations
	The Company currently maintains substantially all of its cash with major financial institutions. At times, cash balances may be in excess of the amounts insured by the Federal Deposit Insurance Corporation.
Comprehensive Income (Loss)	'
	Comprehensive Income (Loss)
	In June 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-05, Presentation of Comprehensive Income (“ASU 2011-05”), which amends FASB Codification Topic 220 on comprehensive income disclosures. The new guidance allows an entity to present components of net income and other comprehensive income in one continuous statement, referred to as the statement of comprehensive income, or in two separate, but consecutive statements, while eliminating the option to report other comprehensive income and its components in the statement of changes in shareholders’ equity. The provisions of ASU 2011-05 were adopted in 2012. The adoption of ASU 2011-05 did not impact the Company’s consolidated financial position, results of operations or cash flows as it required only a change in the format of presentation.
Intangible Assets	'
	Intangible Assets
	Acquired intangible assets are amortized over their useful lives unless the lives are determined to be indefinite. Acquired intangible assets are carried at cost, less accumulated amortization and impairment.
Property and Equipment	'
	Property and Equipment
	Property and equipment consisting of leasehold improvements, furniture and fixtures, equipment and vehicles are stated at cost. Property and equipment are depreciated using the straight-line method over the estimated service lives ranging from three to seven years. Maintenance and repairs are expensed as incurred and improvements are capitalized. Gains or losses on the disposition of fixed assets are recorded upon disposal.
Impairment of Long-Lived Assets	'
	Impairment of Long-Lived Assets
	Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset.
	If the carrying amount of an asset exceeds its undiscounted estimated future cash flows, an impairment review is performed. An impairment charge is recognized in the amount by which the carrying amount of the asset exceeds the fair value of the asset. Assets to be disposed of would be separately presented in the balance sheet and reported at the lower of the carrying amount or fair value less costs to sell, and are no longer depreciated. The assets and liabilities of a disposed group classified as held for sale would be presented separately in the appropriate asset and liability sections of the balance sheet. There were no impairment charges for the three months ended March 31, 2013 and 2012.
Derivative Instruments	'
	Derivative Instruments
	The fair value of derivative instruments is recorded and shown separately under current liabilities. Changes in the fair value are recorded in the condensed consolidated statement of income under other income (expense).
	The Company evaluates all of its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the consolidated statements of operations. For stock-based derivative financial instruments, the Company uses a weighted average Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date.
Fair Value Measurements	'
	Fair Value Measurements
	ASC 820, “Fair Value Measurements”, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1, defined as observable inputs such as quoted prices in active markets for identical assets or liabilities; Level 2, inputs other than level one that are either directly or indirectly observable such as quoted prices for identical or similar assets or liabilities on markets that are not active; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.
Income Taxes	'
	Income Taxes
	We account for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are recorded, when necessary, to reduce deferred tax assets to the amount expected to be realized.
	As a result of the implementation of certain provisions of ASC 740, Income Taxes (“ASC 740”), which clarifies the accounting and disclosure for uncertainty in tax positions, as defined, ASC 740 seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes. We adopted the provisions of ASC 740 as of January 1, 2007, and have analyzed filing positions in each of the federal and state jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. We have identified the U.S. federal and California as our "major" tax jurisdictions. Generally, we remain subject to Internal Revenue Service examination of our 2007 through 2012 U.S. federal income tax returns, and remain subject to California Franchise Tax Board examination of our 2007 through 2012 California Franchise Tax Returns. However, we have certain tax attribute carryforwards which will remain subject to review and adjustment by the relevant tax authorities until the statute of limitations closes with respect to the year in which such attributes are utilized.
	We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. In addition, we did not record a cumulative effect adjustment related to the adoption of ASC 740. Our policy for recording interest and penalties associated with income-based tax audits is to record such items as a component of income taxes.
Revenue Recognition	'
	Revenue Recognition
	We recognize revenues related to annual membership income and service of electric vehicles in accordance with Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”) No. 605, Revenue Recognition. Revenue is recognized when we have evidence of an arrangement, a determinable fee, and when collection is considered to be probable and services are provided. In the event that final acceptance of our product by the customer is uncertain, revenue is deferred until all acceptance criteria have been met. In the event we have amounts billed or collected in accordance with contractual terms in advance of when the work is performed we treat these as deferred revenues. These advance payments primarily relate to the Company's grant project and E-Care membership scheme. The current portion of deferred revenue represents the balance the Company estimates will be earned as revenue during the next fiscal year (see note 9).
	Grant Income
	Grant income is not recognized until a grant claim has been submitted and approved by Government representatives.
	E-tech services
	Revenues from consultancy services are recognized only when all services have been rendered and collectability is reasonably assured.
	E-Care services
	Revenues from maintenance, repair, and overhaul services are recognized only when all services have been rendered and collectability is reasonably assured.
Earnings (Loss) per Common Share (as Restated)	'
	Net Income (Loss) per Common Share
	The Company computes net income (loss) per share in accordance with ASC 260, "Earnings per Share". ASC 260 requires presentation of both basic and diluted earnings (loss) per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including Series A convertible preferred stock, using the if-converted method, stock options, using the treasury stock method, and convertible loan notes, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential common shares if their effect is anti-dilutive.
Share-Based Payment Arrangements	'
	Share-Based Payment Arrangements
	Generally, all forms of share-based payments, including stock option grants, restricted stock grants and stock appreciation rights are measured at their fair value on the awards’ grant date, based on the estimated number of awards that are ultimately expected to vest. Share-based compensation awards issued to non-employees for services rendered are recorded at either the fair value of the services rendered or the fair value of the share-based payment, whichever is more readily determinable. The expenses resulting from share-based payments are recorded in operating expenses in the condensed consolidated statement of operations.
Reclassifications	'
	Reclassifications
	Certain prior year amounts have been reclassified to conform to the current year presentation. Such reclassifications had no impact on previously reported net loss.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	Effective January 2012, the Company adopted ASU No. 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs (ASU 2011-04). ASU 2011-04 represents the converged guidance of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) on fair value measurement. A variety of measures are included in the update intended to either clarify existing fair value measurement requirements, change particular principles requirements for measuring fair value or for disclosing information about fair value measurements. For many of the requirements, the FASB does not intend to change the application of existing requirements under Accounting Standards Codification (ASC) Topic 820, Fair Value Measurements. ASU 2011-04 was effective for interim and annual periods beginning after December 15, 2011. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	Effective January 2012, the Company adopted ASU No. 2011-05, Presentation of Comprehensive Income (ASU 2011-05). ASU 2011-05 is intended to increase the prominence of items reported in other comprehensive income and to facilitate convergence of accounting guidance in this area with that of the IASB. The amendments require that all non-owner changes in shareholders’ equity be presented in a single continuous statement of comprehensive income or in two separate but consecutive statements. In December 2011, the FASB issued ASU No. 2011-12, Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05 (ASU 2011-12). ASU 2011-12 defers the provisions of ASU 2011-05 that require the presentation of reclassification adjustments on the face of both the statement of income and statement of other comprehensive income. Amendments under ASU 2011-05 that were not deferred under ASU 2011-12 will be applied retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2011. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	In December 2011, the FASB issued ASU No. 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (ASU 2011-11). The amendments in ASU 2011-11 require the disclosure of information on offsetting and related arrangements for financial and derivative instruments to enable users of its financial statements to understand the effect of those arrangements on its financial position. Amendments under ASU 2011-11 will be applied retrospectively for fiscal years, and interim periods within those years, beginning after January 1, 2013. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	In July 2012, the FASB issued guidance on testing for indefinite-lived intangible assets for impairment. The new guidance allows an entity to simplify the testing for a drop in value of intangible assets such as trademarks, patents, and distribution rights. The amended standard reduces the cost of accounting for indefinite-lived intangible assets, especially in cases where the likelihood of impairment is low. The changes permit businesses and other organizations to first use subjective criteria to determine if an intangible asset has lost value. The amendments to U.S. GAAP will be effective for fiscal years starting after September 15, 2012. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	In February 2013, the FASB issued ASU No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The adoption of this update did not have a material impact on the consolidated financial statements and related disclosures.
	Other recent pronouncements issued by FASB (including its Emerging Task Force), the American Institute of Certified Public Accountants, and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

Acquisitions_Tables

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2013
Business Combinations [Abstract]	'
Schedule of Assets Acquired and Liabilities Assumed	'
		LIBERTY		NEWPORT
		ELECTRIC		COACHWORKS
		CARS
		LIMITED
	Cash	$	149,497	1,000
	Notes receivable		212,773	-
	Other current assets		492,174	-
	Property and equipment, net		197,469	-
	Intangible asset (covenant not to compete)		1,500,000	-
	Other intangible assets (Goodwill)		2,233,543	249,000
	Total assets acquired		4,785,456	250,000
	Accounts payable and accrued expenses		446,945	-
	Deferred revenue		182,982	-
	Notes payable		625,195	-
	Other		43,225	-
	Total liabilities assumed		1,298,347	-
	Net assets acquired	$	3,487,109	250,000
	Final Consideration
	39,742,178 Common Stock issued for Liberty @ 5 cents		$1,987,109
	300,000 Series A Preferred Shares issued @$5		$1,500,000
	5,000,000 Common Stock issued for NCI @ 5 cents			$250,000
			$3,487,109	$250,000
Schedule of Business Acquisition Proforma Financials	'
		For the three months ended
		March 31,
		2013		2012
	Revenues	$	218,396	$	317,434
	Costs of goods sold		78,847		25,337
	Gross profit		139,549		292,097
	Operating expenses
	Depreciation and amortization		8,876		141,227
	Loss on disposal of equipment		12,516		-
	General and administrative		486,148		547,259
			507,540		688,486
	Loss before other expenses		-367,991		-396,389
	Other income (expenses)
	Stock issued in settlement of an agreement		-214,286		-
	Change in fair value of derivative liability		38,690,539		-7,979
	Gain on conversion of debt to stock		40,749		-
	Loss on conversion of preferred shares		-20,375		-
	Interest expense		-45,919		-379
			38,450,708		-8,358
	Profit / (loss) before income taxes		38,082,717		-404,747
	Income taxes		-		-
	Net income / (loss)	$	38,082,717	$	-453,716
	Net income / (loss) per share (basic)	$	0.11	$	0
	Net income / (loss) per share (diluted)	$	0.07	$	0
	Weighted average shares outstanding (basic)		334,804,957		272,838,022
	Weighted average shares outstanding (diluted)		550,163,039		420,632,665
Schedule of Goodwill Acquired	'
		December 31,		Additions		Impairments		December 31,
		2011						2012
		(in millions)
	Goodwill, gross	$	—	$	3,982,543	$	-3,982,543	$	—
	Accumulated impairment losses		—		—		—		—
	Total goodwill, net	$	—	$	3,982,543	$	-3,982,543	$	—

Accounts_Receivable_Tables

Accounts Receivable (Tables)	3 Months Ended
	Mar. 31, 2013
Receivables [Abstract]	'
Schedule of Accounts Receivable	'
	Accounts Receivables	March 31,		December 31.
		2013		2012
	Trade receivables	$	109,586	$	113,429
	Grant monies receivable	$	46,955	$	49,960
		$	156,541	$	163,389

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Mar. 31, 2013
Inventory Disclosure [Abstract]	'
Schedule of Inventory	'
		March 31,		December 31.
		2013		2012
	Raw materials	$	6,936	$	-
	Work in progress		89,845		-
		$	96,781	$	-

Property_and_Equipment_Tables

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2013
Property, Plant and Equipment [Abstract]	'
Property and Equipment	'
		March 31,		December 31,
		2013		2012
	Leasehold improvements	$	9,539	$	10,149
	Furniture and fixtures		7,930		8,086
	Equipment		280,344		111,973
	Computer hardware and software		37,779		32,963
	Vehicles		26,706		92,938
			362,298		256,109
	Less accumulated depreciation		-75,534		-92,044
		$	286,764	$	164,065

Intangible_Assets_Tables

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Intangible Assets and Goodwill	'
		March 31,		December 31,
		2013		2012
	Go License	$	500,000	$	500,000
	Crash test homologation costs		228,912		228,912
	Liberty acquired technology		619,462		619,462
	Assembled workforce		689,000		689,000
	Trade name and website		45,000		45,000
	Non-compete agreement		1,500,000		1,500,000
			3,582,374		3,582,374
	Less amortization and impairment		-3,582,374		-3,582,374
		$	−	$	−

Deferred_Revenue_Tables

Deferred Revenue (Tables)	3 Months Ended
	Mar. 31, 2013
Deferred Revenue Disclosure [Abstract]	'
Schedule of Deferred Revenue	'
	Deferred Revenues	March 31,		December 31.
		2013		2012
	Deferred Grant Income	$	307,079	$	307,226
	Deferred membership fees	$	123,707	$	114,956
	Payment on account – Newport Coachworks	$	3,750	$	-
		$	434,536	$	422,182

Notes_Payable_Net_of_Discounts1

Notes Payable, Net of Discounts (Tables)	3 Months Ended
	Mar. 31, 2013
Debt Disclosure [Abstract]	'
Schedule of Debt	'
	Notes Payable	March 31,		December 31,
		2013		2012
	N Eckert - £116,625 Note Payable, 12% interest, due upon the company raising in excess of £500,000 on OTCBB market, unsecured	$	177,142	$	188,478
	R Knight £38,500 Note Payable, Nil Interest, when funds permit, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	58,478	$	62,220
	P Beitl £52,540 (2012: £37,983) Note Payable, Nil Interest, when funds permit, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	79,803	$	61,384
	R Mcwaters – £25,000 Note payable, 12% interest, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	37,973	$	40,403
	D Voss – £25,000 Note payable, 12% interest, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	37,973	$	40,403
	M Elson – £20,000 Note payable, 12% interest, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	30,376	$	32,322
	N Jones £10,053 Note Payable, Nil Interest, when funds permit, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	15,270	$	16,247
	I Hobday – £3,525 Note payable, Nil interest, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	5,354	$	5,697
	P Lilley £700 Note Payable, Nil Interest, when funds permit, convertible based on a conversion price of 50% of close price on date of notification, unsecured	$	1,064	$	1,130
		$	443,433	$	448,284
	Debt Discount	$	-31,888	$	-63,777
		$	411,545	$	384,507

Stock_Incentive_Plan_Tables

Stock Incentive Plan (Tables)	3 Months Ended
	Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-Based Payment Award Stock Options Valuation Assumptions	'
		March 31,			December 31,
		2013			2012
	Expected Volatility	88	%		88	%
	Expected dividends	−	%		−	%
	Expected terms (in years)	3			3
	Risk-free rate	0.36	%		0.36	%
	Forfeiture rate	−	%		−	%
Schedule of Share-Based Compensation Stock Options Activity	'
							Weighted-		Average
							Average		Remaining		Aggregate
							Exercise		Contractual		Intrinsic
			Options				Price		Life (Years)		Value
	Outstanding at December 31, 2011			4,000,000			$	0.002		1.41	$	191,500
	Granted			18,000,000				0.42		2.9		−
	Exercised			−				−		−		−
	Forfeited or expired			−				−		−		−
	Outstanding at December 31, 2012			22,000,000			$	0.34		2.44	$	191,500
	Exercisable at December 31, 2012			18,000,000			$	0.42		3	$	−
							Weighted-		Average
							Average		Remaining		Aggregate
							Exercise		Contractual		Intrinsic
			Options				Price		Life (Years)		Value
	Outstanding at January 2013			22,000,000			$	0.34		2.44	$	191,500
	Granted			−				−		−		−
	Exercised			−				−		−		−
	Forfeited or expired			−				−		−		−
	Outstanding at March 31,2013			22,000,000			$	0.34		2.19	$	191,500
	Exercisable at March 31,2013			18,000,000			$	0.42		2.75	$	−

Stockholders_Deficit_Tables

Stockholders' Deficit (Tables)	3 Months Ended
	Mar. 31, 2013
Equity [Abstract]	'
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis	'
		Level 1		Level 2		Level 3		Total
	Assets
	None	$	-	$	-	$	-	$	-
	Liabilities
	Derivative Financial instruments	$	-	$	-	$	33,138,133	$	33,138,133
Schedule of Derivative Liabilities at Fair Value	'
	Balance at December 31, 2011	$	5,731,806
	Derivative liability related to LEC debt conversion feature		133,872
	Derivative liability related to preferred stock conversion feature		73,866,998
	Balance at January 1, 2013	$	79,732,676
	Derivative liability related to LEC debt conversion feature		-40,749
	Derivative liability related to preferred stock conversion feature		-7,863,255
	Change in Value of Historic Derivatives		-38,690,539
	Balance at March 31, 2013 (unaudited)	$	33,138,133

Income_Taxes_Tables

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2013
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Benefits	'
		2013		2012
	Current Tax Provision:
	Federal and state
	Taxable income	$	-	$	-
	Total current tax provision	$	-	$	-
	Deferred Tax Provision:
	Federal and state
	Net loss carryforwards	$	-13,328,950	$	29,591,783
	Change in valuation allowance		13,328,950		-29,591,783
	Total deferred tax provision	$	-	$	-
Schedule of Deferred Tax Assets and Liabilities	'
		2013		2012
	Deferred tax assets:
	Net operating loss carryforwards	$	-38,082,717	$	84,547,954
	Valuation allowance		38,082,717		-84,547,954
	Net deferred tax assets	$	-	$	-
Schedule of Effective Income Tax Rate Reconciliation	'
		3 month ended and Year ended December 31,
		2013				2012
	Federal income tax rate at 35%	$	13,328,950	35	%	$	-29,591,783	35	%
	State income tax, net of federal benefit		-	-	%		-	-	%
	Change in valuation allowance		-13,328,950	-35	%		29,591,783	-35	%
	Benefit for income taxes	$	-	-	%	$	-	-	%

Restatement_Tables

Restatement (Tables)	3 Months Ended
	Mar. 31, 2013
Accounting Changes and Error Corrections [Abstract]	'
Schedule of Error Corrections and Prior Period Adjustments	'
		Balance Sheets
		as at March 31, 2013
		March 31,		Adjustments		Restated
		(Unaudited)
	Total Current Assets	$	397,328	$	-	$	397,328
	Property and equipment, net		286,764		-		286,764
	Total Assets	$	684,092	$	-	$	684,092
	Current Liabilities
	Accounts payable and accrued expenses	$	932,603	$	-	$	932,603
	Deferred revenue		434,536		-		434,536
	Credit facility and other advances		87,125		-		87,125
	Derivative liability		9,184,008		23,954,125		33,138,133
	Share liability on purchase of NCWI		250,000		-		250,000
	Funds received from FMS not converted into Preference Shares		358,552		-		358,552
	Sums due to Global Market Advisors		104,100		-		104,100
	Accrued value added taxes		37,543		-		37,543
	Sums due to global trade finance		25,000		-		25,000
	Lease payable		11,347		-		11,347
	Other payables		38,210		-		38,210
	Total Current Liabilities		11,463,024		23,954,125		35,417,149
	Total Long-term Liabilities		411,545		-		411,545
	Total Liabilities		11,874,569		23,954,125		35,828,694
	Contingencies		-		-		-
	Stockholder's Deficit
	Preferred stock, Class A Convertible Preferred Stock 100,000,000 shares authorized at March 31, 2013, $.001 par value, 855,142 shares issued and outstanding at March 31, 2013.		855		-		855
	Preferred Stock, Class B Preferred Stock, 10,000,000 shares authorized at March 31, 2013, $.001 par value, 0 shares issued and outstanding at March 31, 2013.		-		-		-
	Common stock, 900,000,000 shares authorized $.001 par value, 345,524,514 and shares issued and outstanding at March 31, 2013.		345,524		-		345,524
	Additional paid-in capital		20,967,575		-		20,967,575
	Accumulated other comprehensive loss		-13,379		-		-13,379
	Accumulated deficit		-32,491,052		-23,954,125		-56,445,177
	Total Stockholder's Deficit		-11,190,477		-23,954,125		-35,144,602
	Total Liabilities and Stockholders' Deficit	$	684,092	$	-	$	684,092
	Accumulated deficit
	Opening 2012		-36,044,022		-58,483,872		-94,527,894
	Comprehensive Income for 2013		3,552,970		34,529,747		38,082,717
	Closing		-32,491,052		-23,954,125		-56,445,177
		3 Months ended March 31, 2013
		As Reported		Adjustments		Restated
	Gross profit		139,549				139,549
	Operating expenses
	Depreciation and amortization		8,876				8,876
	Loss on disposal of equipment		12,516				12,516
	Stock based compensation		-		214,286		214,286
	General and administrative		700,434		-214,286		486,148
			721,826				721,826
	(Loss) before other expenses		-582,277		-		-582,277
	Other income (expenses)
	Change in fair value of derivative liability		4,160,792		34,529,747		38,690,539
	Gain on conversion of debt to stock		40,749		-		40,749
	Loss on conversion of preferred shares		-20,375		-		-20,375
	Interest expense		-45,919		-		-45,919
			4,135,247		34,529,747		38,664,994
	Profit before income taxes		3,552,970		34,529,747		38,082,717
	Income taxes		-		-		-
							-
	Net income	$	3,552,970	$	34,529,747	$	38,082,717
	Net income per share (basic)	$	0.01			$	0.11
	Net income per share (diluted)	$	0.01			$	0.07
	Weighted average shares outstanding (basic)		335,037,991		-233,034		334,804,957
	Weighted average shares outstanding (diluted)		638,827,910		-88,664,871		550,163,039
		3 Months ended March 31, 2013
		As Reported		Adjustments		Restated
		(Unaudited)
OPERATING ACTIVITIES:
Net income (loss)	$	3,552,970	$	34,529,747	$	38,082,717
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization		8,876		-		8,876
Loss on conversion of Preferred Shares		20,375		-		20,375
Loss on disposal of assets		12,516		-		12,516
(Gain)/loss on conversion of debt to stock		-40,749		-		-40,749
Change in fair value of derivative liability		-4,160,792		-34,529,747		-38,690,539
Share based compensation		214,286		-		214,286
Changes in assets and liabilities:						-
Accounts receivable		6,848		-		6,848
Inventories		-96,781		-		-96,781
Other assets		-19,917		-		-19,917
Prepaid expenses		-48,505		-		-48,505
Accounts payable and accrued expenses		-1,275		-		-1,275
Deferred revenue		12,354		-		12,354
Net cash (used in) operating activities		-539,794		0		-539,794
Net cash provided by investing activities		-142,328		-		-142,328
Net cash provided by financing activities		525,297		-		525,297
Effect of change in exchange rate on cash		107,495		-		107,495
Net (decrease) / increase in cash		-49,330		0		-49,330
CASH AT BEGINNING PERIOD		87,325		-		87,325
CASH AT END OF PERIOD	$	37,995	$	0	$	37,995
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	$	-	$	-	$	-
Cash paid for income taxes	$	-	$	-	$	-
NON-CASH INVESTING AND FINANCING TRANSACTIONS
Share based compensation	$	214,286	$	-	$	214,286
Common shares issued in exchange for preferred shares	$	7,883,630	$	-	$	7,883,630
Common shares issued to settle liabilities	$	-	$	-	$	-
Preferred shares issued to settle debt	$	180,188	$	-	$	180,188
	3 Months ended March 31, 2012
	As Reported		Adjustments		Restated
Loss before other expenses	$	-684,160	$	-	$	-684,160
Other income (expenses)
Change in fair value of derivative liability		-		-7,979		-7,979
Gain on conversion of debt to stock		430,689		-		430,689
Interest expense		-379		-		-379
		430,310		-7,979		422,331
Profit / (loss) before income taxes		-253,850		-7,979		-261,829
Income taxes		-		-		-
						-
Net income / (loss)	$	-253,850	$	-7,979	$	-261,829
Net income / (loss) per share Basic	$	0			$	0
Net income / (loss) per share Diluted	$	0			$	0
Weighted average shares		272,838,022		-		272,838,022
Weighted average shares (fully diluted)		420,632,665		-		420,632,665
	3 Months ended March 31, 2012
	As Reported		Adjustments		Restated
	(Unaudited)
OPERATING ACTIVITIES:
Net loss	$	-253,850	$	-7,979	$	-261,829
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization		133,861		-		133,861
(Gain)/loss on conversion of debt to stock		430,689		-		430,689
Change in fair value of derivative liability		-		7,979		7,979
Changes in assets and liabilities:
Accounts receivable		-385,953		-		-385,953
Net cash (used in) operating activities		-75,253		-		-75,253
Net cash provided by investing activities		-		-		-
Net cash provided by financing activities		89,310		-		89,310
Effect of change in exchange rate on cash		-		-		-
Net (decrease) / increase in cash		14,057		-		14,057
CASH AT BEGINNING PERIOD		906		-		906
CASH AT END OF PERIOD	$	14,963	$	-	$	14,963
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	$	-	$	-	$	-
Cash paid for income taxes	$	-	$	-	$	-
NON-CASH INVESTING AND FINANCING TRANSACTIONS
Common shares issued to settle liabilities	$	430,689	$	-	$	430,689
	Balance Sheets
	as at December 31, 2012
	December 31,		Adjustments		Restated
Current Assets
Total Assets	$	463,697	$	-	$	463,697
Current Liabilities
Accounts payable and accrued expenses		872,086		-		872,086
Due to related parties		-		-		-
Deferred revenue		422,182		-		422,182
Current portion of notes payable		-		-		-
Credit facility and other advances		73,916		-		73,916
Derivative liability		21,248,804		58,483,872		79,732,676
Shares owed to Carter Read on purchase of NCI		250,000		-		250,000
Funds received from FMS not converted into Preference Shares		120,102		-		120,102
Sums due to Global market Advisors		104,100		-		104,100
Value added Taxes owed		39,944		-		39,944
Sums due to Equity Market D		25,000		-		25,000
Lease creditor		15,062		-		15,062
Sundry Creditors		27,474		-		27,474
Total Current Liabilities		23,198,670		58,483,872		81,682,542
Total Long-term Liabilities		384,507		-		384,507
Total Liabilities		23,583,177		58,483,872		82,067,049
Contingencies		-		-		-
Stockholder's Deficit
Preferred stock, Class A Convertible Preferred Stock 100,000,000 shares authorized at December 31, 2012 and 895,801 shares issued and outstanding at December 31, 2012.		896		-		896
Preferred Stock, Class B Preferred Stock, 10,000,000 shares authorized at December 31, 2012 respectively, $.001 par value, 0 shares issued and outstanding at December 31, 2012.		-		-		-
Common stock, 900,000,000 shares authorized $.001 par value and 324,551,468 shares issued and outstanding at December 31, 2012.		324,551		-		324,551
Additional paid-in capital		12,710,403		-		12,710,403
Accumulated other comprehensive loss		-111,308		-		-111,308
Accumulated deficit		-36,044,022		-58,483,872		-94,527,894
Total Stockholder's Deficit		-23,119,480		-58,483,872		-81,603,352
Total Liabilities and Stockholders' Deficit	$	463,697	$	-	$	463,697
Accumulated deficit
Opening 2012		-5,621,179		-4,358,761		-9,979,940
Comprehensive Loss for 2012		-30,422,843		-54,125,111		-84,547,954
Closing		-36,044,022		-58,483,872		-94,527,894

Description_of_Business_Detail

Description of Business (Details Narrative) (USD $)	1 Months Ended	2 Months Ended		1 Months Ended
	Nov. 30, 2009	Jul. 31, 2012	Jul. 31, 2012	Oct. 31, 2012	Sep. 30, 2011	Jul. 31, 2013
	Go Green USA LLC	Liberty Electric Cars Ltd.	GAC Automotive Services, Inc.	Newport Coachworks, Inc.	Matter of Time I Co.	Newport Coachworks
Business Acquisition	'	'	'	'	'	'
Business acquisition, shares issued	1,436,202	39,742,178	'	27,000,000	'	'
Business acquisition, convertible preferred stock issued	'	300,000	10,000,000	'	'	'
Business acquisition, vesting terms	'	'	'	'Upon NCWI obtaining bona fide, binding purchase orders, with cash down payment standard in the industry to NCWI, from third party purchasers requiring NCWI to manufacturer 60 buses with diesel or compressed natural gas engines at NCWI's manufacturing facility within the first 12 months following the payment of one-half of the initial forecasted funding $500,000. GACR will issue Mr. Read up to all of the GACR Additional Shares, which shares will either be kept in escrow and distributed, or kept in treasury and issued, to Mr. Read within 10 days of the end of each calendar quarter pro rata with the number of Qualified Purchase Orders received by NCWI for the applicable calendar quarter.	'	'
Business acquisition, purchase price	'	'	'	'	$30,000	'
Business acquisition, extinguishment of obligation	'	'	'	'	$6,000	'
Percent of voting shares	'	8.19%	'	7.60%	'	'
Common stock issued, shares	'	'	'	'	'	5,000,000

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details Narrative)	3 Months Ended
	Mar. 31, 2013
Accounting Policies [Abstract]	'
Potential dilutive common stock, convertible preferred and stock options	'Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including 555,142 (net of 300,000 forfeit shares) for March 2013 and 500,000 for March 2012 Series A convertible preferred Stock, using the if-converted method, 18,000,000 for March 2013 and 4,000,000 for March 2012 Stock options, using the treasury stock method, and 5,551,913 shares for March 2013 (nil March 2012) for convertible loan notes, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential common shares if their effect is anti-dilutive.

Acquisitions_Details_1

Acquisitions (Details 1) (USD $)	Dec. 31, 2012
Business Acquisition [Line Items]	'
Notes payable	$625,195
Liberty Electric Cars Limited	'
Business Acquisition [Line Items]	'
Cash	149,497
Notes receivable	212,773
Other current assets	492,174
Property and equipment, net	197,469
Intangible asset (covenant not to compete)	1,500,000
Other intangible assets	2,233,543
Total assets acquired	4,785,456
Accounts payable and accrued expenses	446,945
Deferred revenue	182,982
Notes payable	625,195
Other	43,225
Total liabilities assumed	1,298,347
Net assets acquired	3,487,109
Final consideration, common stock issued, value	1,987,109
Final consideration, preferred stock issued, value	1,500,000
Total final consideration	3,487,109
Newport Coachworks	'
Business Acquisition [Line Items]	'
Cash	1,000
Notes receivable	0
Other current assets	0
Property and equipment, net	0
Intangible asset (covenant not to compete)	0
Other intangible assets	249,000
Total assets acquired	250,000
Accounts payable and accrued expenses	0
Deferred revenue	0
Notes payable	0
Other	0
Total liabilities assumed	0
Net assets acquired	250,000
Final consideration, common stock issued, value	250,000
Total final consideration	$250,000

Acquisitions_Details_2

Acquisitions (Details 2) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Business Acquisition ProForma Information [Line Items]	'	'
Revenues	$218,396	$0
Cost of goods sold	78,847	0
Gross Profit	139,549	0
Operating expenses	'	'
Depreciation and amortization	8,876	133,861
Loss on disposal of equipment	12,516	0
General and administrative	486,148	119,610
Total Operating Expenses	721,826	253,471
Loss before other expenses	-582,277	-253,471
Other income (expenses)	'	'
Change in fair value of derivative liability	38,690,539	-7,979
Gain on conversion of debt to stock	40,749	0
Loss on conversion of preferred shares	-20,375	0
Total other income (expenses)	38,664,994	-8,358
Profit / (loss) before income taxes	38,082,717	-261,829
Income taxes	0	0
Net income / (loss)	38,082,717	-261,829
Net income / (loss) per share (basic)	$0.11	$0
Net income / (loss) per share (diluted)	$0.07	$0
Weighted average shares outstanding (basic)	334,804,957	272,838,022
Weighted average shares outstanding (diluted)	550,163,039	420,632,665
Acquisition Proforma Statement of Operations	'	'
Business Acquisition ProForma Information [Line Items]	'	'
Revenues	218,396	317,434
Cost of goods sold	78,847	25,337
Gross Profit	139,549	292,097
Operating expenses	'	'
Depreciation and amortization	8,876	141,227
Loss on disposal of equipment	12,516	0
General and administrative	486,148	547,259
Total Operating Expenses	507,540	688,486
Loss before other expenses	-367,991	-396,389
Other income (expenses)	'	'
Stock issued in settlement of an agreement	-214,286	0
Change in fair value of derivative liability	38,690,539	-7,979
Gain on conversion of debt to stock	40,749	0
Loss on conversion of preferred shares	-20,375	0
Interest expense	-45,919	-379
Total other income (expenses)	38,450,708	-8,358
Profit / (loss) before income taxes	38,082,717	-404,747
Income taxes	0	0
Net income / (loss)	$38,082,717	($453,716)
Net income / (loss) per share (basic)	$0.11	$0
Net income / (loss) per share (diluted)	$0.07	$0
Weighted average shares outstanding (basic)	334,804,957	272,838,022
Weighted average shares outstanding (diluted)	550,163,039	420,632,665

Acquisitions_Details_3

Acquisitions (Details 3) (USD $)	12 Months Ended
	Dec. 31, 2011
Business Combinations [Abstract]	'
Goodwill additions, gross	$3,982,543
Goodwill impairments, gross	($3,982,543)

Acquisitions_Details_Narrative

Acquisitions (Details Narrative) (USD $)	1 Months Ended	2 Months Ended
	Oct. 31, 2012	Jul. 31, 2012
Business Combinations [Abstract]	'	'
Business acquisition, equity interest issued or issuable, description	'We have a financing obligation to NCWI under the NCWI Agreement under which we agreed to provide up to $1,000,000 to NCWI pursuant to the forecasted timeline set forth in the NCWI Agreement. The total funding is made up of $500,000 as the forecasted requirement for initiating an internal combustion engine based bus manufacturing and $500,000 as the forecasted requirement for reaching pre-production stage in electric bus manufacturing. Both parties to the NCWI Agreement agreed that the funding requirements are forecasted amounts which may rise or fall according to business requirements and may be modified by the parties as needed.	'We entered into a Stock Purchase Agreement with First Market Services, a Nevada corporation, under which we may sell up to 120,000 shares of our Series A Preferred Stock with the purchase price of $5 per share. Pursuant to the Stock Agreement, FMS has the right to purchase the Series A Shares in increments of $1,000 with a minimum purchase of $50,000 per month for a minimum of 12 months, with $40,000 being earmarked for the LEC Entities to fund their operations and growth, and $10,000 being earmarked to fund the costs associated with the Company being a public company.
Stock issued during period, Liberty Electric Cars	'	39,742,178
Series B convertible preferred stock issued, GAC Auto	'	10,000,000
Restricted preferred stock issued, LEC Directors	'	300,000
Common stock, price per share	'	$0.05
Preferred shares, price per share	'	$5

Accounts_Receivable_Details

Accounts Receivable (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Accounts Receivables	'	'
Trade receivables	$109,586	$113,429
Grant monies receivable	46,955	49,960
Net trade receivables	$156,541	$163,389

Inventories_Details

Inventories (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Inventory	'	'
Raw materials	$6,936	$0
Work in progress	89,845	0
Total inventories	$96,781	$0

Property_and_Equipment_Propert

Property and Equipment - Property and Equipment (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Abstract]	'	'
Leasehold improvements	$9,539	$10,149
Furniture and fixtures	7,930	8,086
Equipment	280,344	111,973
Computer hardware and software	37,779	32,963
Vehicles	26,706	92,938
Less accumulated depreciation	-75,534	-92,044
Property and equipment	$286,764	$164,065

Property_and_Equipment_Details

Property and Equipment (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Property, Plant and Equipment [Abstract]	'	'
Property and equipment, depreciation expense	$8,876	$660

Intangible_Assets_Details

Intangible Assets (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Go License	$500,000	$500,000
Crash test homologation costs	228,912	228,912
Liberty acquired technology	619,462	619,462
Assembled workforce	689,000	689,000
Trade name and website	45,000	45,000
Non-compete agreement	1,500,000	1,500,000
Less amortization	-3,582,374	-3,582,374
Total intangible assets	$0	$0

Intangible_Assets_Details_Narr

Intangible Assets (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Intangible assets, amortization expense	$0	$133,201

Deferred_Revenue_Details

Deferred Revenue (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Deferred Revenues	'	'
Deferred grant income	$307,079	$307,226
Deferred membership fees	123,707	114,956
Payment on account - Newport Coachworks	3,750	0
Total deferred revenue	$434,536	$422,182

Funds_Received_from_FMS_Note_C1

Funds Received from FMS Note Converted into Preference Shares (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2011
Funds Received From Fms Note Converted Into Preference Shares	'
Forgiveness of debt	$1,205,950
Convertible preferred shares, issued	$500,000
Convertible preferred stock, terms of conversion	'No. of common shares to be issued upon conversion of CPS =o. of common stock outstanding on date of conversion fully diluted x (0.000001 x No. of preferred stock outstanding at date of conversion).

Sums_Due_to_Global_Trade_Finan1

Sums Due to Global Trade Finance (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2013	Jun. 30, 2012
Sums Due To Global Trade Finance	'	'
Credit facilities, maximum borrowing capacity	$250,000	'
Credit facilities, current borrowings	'	79,000
Credit facilities, interest rate during period	8.00%	'
Credit facilities, conversion of line of credit	79,000	'
Credit facilities, stock issued during period	1,500,000	'
Credit facilities, gain / loss on recourse of debt	$4,000	'

Notes_Payable_Net_of_Discount_

Notes Payable, Net of Discount (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Debt Instrument [Line Items]	'	'
Note payable, debt discount	($31,888)	($63,777)
Note payable, net of current maturities	411,545	384,507
Note Payable - N Eckert	'	'
Debt Instrument [Line Items]	'	'
Note payable	177,142	188,478
Note payable, interest rate	12.00%	12.00%
Note Payable - R Knight	'	'
Debt Instrument [Line Items]	'	'
Note payable	58,478	62,220
Note Payable - P Beitl	'	'
Debt Instrument [Line Items]	'	'
Note payable	79,803	61,384
Note Payable - R Mcwaters	'	'
Debt Instrument [Line Items]	'	'
Note payable	37,973	40,403
Note payable, interest rate	12.00%	12.00%
Note Payable - D Voss	'	'
Debt Instrument [Line Items]	'	'
Note payable	37,973	40,403
Note payable, interest rate	12.00%	12.00%
Note Payable - M Elson	'	'
Debt Instrument [Line Items]	'	'
Note payable	30,376	32,322
Note payable, interest rate	12.00%	12.00%
Note Payable - N Jones	'	'
Debt Instrument [Line Items]	'	'
Note payable	15,270	16,247
Note Payable - I Hobday	'	'
Debt Instrument [Line Items]	'	'
Note payable	5,354	5,697
Note Payable - P Lilley	'	'
Debt Instrument [Line Items]	'	'
Note payable	$1,064	$1,130

Notes_Payable_Net_of_Discount_1

Notes Payable, Net of Discount (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012	Mar. 31, 2013
Debt Disclosure [Abstract]	'	'
Liberty Electric, notes payable	$625,195	'
Liberty Electric, stock issued, convertible debt, value	211,240	'
Liberty Electric, stock issued, convertible debt, shares	1,004,180	'
Liberty Electric, related party debt	$5,697	$408,601

Stock_Incentive_Plan_Details_1

Stock Incentive Plan (Details 1)	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Share-Based Compensation Arrangement by Share-Based Payment Award Fair Value Assumptions and Methodology	'	'
Fair value assumptions, expected volatility	88.00%	88.00%
Fair value assumptions, expected terms (in years)	'3 years	'3 years
Fair value assumptions, risk-free rate	0.36%	0.36%

Stock_Incentive_Plan_Details_2

Stock Incentive Plan (Details 2) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Share-Based Compensation Arrangement By Share-Based Payment Award Options Outstanding [Roll Forward]	'	'
Stock options outstanding, beginning of period	22,000,000	4,000,000
Stock options, granted	'	18,000,000
Stock options outstanding, end of period	22,000,000	22,000,000
Stock options exercisable, end of period	18,000,000	18,000,000
Weighted average exercise price outstanding, beginning of period	$0.34	$0.00
Weighted average exercise price, granted	'	$0.42
Weighted average exercise price outstanding, end of period	$0.34	$0.34
Weighted average exercise price exercisable, end of period	$0.42	$0.42
Average remaining contractual life (years) outstanding, beginning of period	'2 years 5 months	'1 year 5 months
Average remaining contractual life (years), granted	'	'2 years 11 months
Average remaining contractual life (years) outstanding, end of period	'2 years 3 months	'2 years 5 months
Average remaining contractual life exercisable, end of period	'2 years 9 months	'3 years
Aggregate intrinsic value outstanding, beginning of period	$191,500	$191,500
Aggregate intrinsic value outstanding, end of period	$191,500	$191,500

Stockholders_Deficit_Details_1

Stockholders' Deficit (Details 1) (Fair Value Inputs - Level 3, USD $)	Mar. 31, 2013
Fair Value Inputs - Level 3	'
Derivatives Fair Value [Line Items]	'
Derivative Financial Instruments	$33,138,133

Stockholders_Deficit_Details_2

Stockholders' Deficit (Details 2) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
Summary of Derivative Liabilities [Roll Forward]	'	'	'
Derivative liability, beginning of period	$79,732,676	$5,731,806	$5,731,806
Derivative liability, related to LEC debt conversion feature	-40,749	'	133,872
Derivative liability, related to preferred stock conversion feature	-7,863,255	'	73,866,998
Change in value of historic derivatives	-38,690,539	7,979	'
Derivative liability, end of period	$33,138,133	'	$79,732,676

Stockholders_Deficit_Details_N

Stockholders' Deficit (Details Narrative) (USD $)	3 Months Ended	12 Months Ended		3 Months Ended	12 Months Ended	1 Months Ended			12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Mar. 31, 2013	Dec. 31, 2012	Feb. 28, 2013	Nov. 30, 2012	Jan. 31, 2012	Dec. 31, 2011
				Convertible Preferred Stock and Derivative Liability	Convertible Preferred Stock and Derivative Liability	Common Stock	Common Stock	Common Stock	Common Stock
Class of Stock [Line Items]	'	'	'	'	'	'	'	'	'
Conversion of debt for preferred stock, value	'	'	'	'	$150,000	'	'	'	'
Conversion of debt for preferred stock, shares	1,500,000	'	'	'	30,000	'	'	'	'
Preferred stock issued, shares	'	'	'	'	65,801	'	'	'	'
Preferred stock issued, price per share	'	'	'	'	$5	'	'	'	'
Mark to market adjustment on embedded conversion feature	'	'	'	4,514,214	'	'	'	'	'
Fair value assumptions, market price	'	'	'	$0.18	'	'	'	'	'
Fair value assumptions, conversion price	'	'	'	$0.16	'	'	'	'	'
Fair value assumptions, expected volatility	88.00%	88.00%	'	104.00%	'	'	'	'	'
Fair value assumptions, risk-free rate	0.36%	0.36%	'	0.16%	'	'	'	'	'
Shares potentially convertible	'	'	'	55,840,782	'	'	'	'	'
Proceeds from issuance of common stock, value	'	'	'	'	'	'	'	'	10,000
Common stock issued for cash, shares	'	'	'	'	'	'	'	'	1,000,000
Common stock issued, shares	'	'	'	'	'	160,715	300,000	8,000,000	'
Common stock issued, value	'	'	$500,000	'	'	$64,286	$47,038	$430,689	'
Funding agreement	'	'	'	'On March 18, 2013, the Company entered into a funding agreement for up to $3 million with Kodiak Capital Group LLC , a Newport Beach-based institutional investor. The Company has agreed to file a registration statement with the U.S. Securities & Exchange Commission covering the shares that may be issued to Kodiak under the terms of the common stock purchase agreement. After the SEC has declared the registration statement related to the transaction effective, the Company has the right at its sole discretion over a period of one year to sell up $3 million of its common stock to Kodiak under the terms set forth in the agreement. Proceeds from this transaction will be used to fund the Company's business development and for general corporate purposes.	'	'	'	'	'

Income_Taxes_Details_1

Income Taxes (Details 1) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Deferred Tax Provision:	'	'
Net loss carryforwards	($13,328,950)	$29,591,783
Change in valuation allowance	$13,328,950	($29,591,783)

Income_Taxes_Details_2

Income Taxes (Details 2) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Deferred tax asset	'	'
Net operating loss carryforwards	($38,082,717)	$84,547,954
Valuation allowance	$38,082,717	($84,547,954)

Income_Taxes_Details_3

Income Taxes (Details 3) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Income Tax Expense Benefit Continuing Operations Income Tax Reconciliation	'	'
Federal income tax, federal statutory rate	35.00%	35.00%
Federal income tax rate at 35%	$13,328,950	($29,591,783)
Change in valuation allowance	($13,328,950)	$29,591,783

Income_Taxes_Details_Narrative

Income Taxes (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012
Income Tax Disclosure [Abstract]	'
Net operating loss, federal and state. carryforwards	$12,615,000
Net operating loss, federal and state, carryforwards expiration dates	'Begin to expire in 2030

Contingencies_Details_Narrativ

Contingencies (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2012
Commitments and Contingencies Disclosure [Abstract]	'
Loss contingency, management's assessment and process	'Our predecessor, Go Green USA, LLC, was a defendant, along with other defendants in a civil action filed in Marshall County, West Virginia by Glen Dale Motor Co. and Tomsic Motor Co, Civil Action no. 11-C-104 H. This undefended and previously unknown action resulted in a default judgment order in the amount of $3,717,615 with interest accruing at 7% per annum from and after February 13, 2012. There is no active effort to enforce this action against Go Green and we believe there are numerous defenses to the asserted judgment and any such enforcement effort. Moreover, the existence of the liability pre-existed our acquisition of Go Green and its existence was not disclosed as a part of the acquisition.
Loss contingency, range of possible loss, portion not accrued	$3,717,615

Subsequent_Events_Details_Narr

Subsequent Events (Details Narrative)	1 Months Ended	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2013
		Subsequent Event
		Business Acquisition - Going Green
Subsequent Event [Line Items]	'	'
Business acquisition, shares issued	'	1,562,498
Business acquisition, effective date of acquisition	'	1-Apr-13
Loss contingency, actions taken by court	'On May 7, 2013 GACR filed an Ex Parte Motion For Temporary Restraining Order against TBG in the Utah District Court in Salt Lake City, Utah requesting the Court for permission to instruct the GACR Transfer Agent to put a Rule 144 Legend on two certificates (representing 1,000,000 shares of GACR Common Stock) which had been submitted by TBG to MTG Trading for deposit in "street name" for future sale into the public market. After a brief hearing on May 7th, the Court, decided that there was enough evidence presented by GACR to justify a Temporary Restraining Order, and granted GACR's motion. The following week the Court held a Hearing with all parties to settle on a form of order for the permanent injunction requested by GACR, or allow the GACR Transfer Agent to re-issue the TBG Shares in the name of Cede & Co. (effectively allowing the TBG Shares to be sold as "Free-Trading" shares in the public market): the Court decided to let the Temporary Restraining Order stand, which served to prevent Action Stock Transfer from re-issuing the TBG Shares in the name of Cede & Co. but left open for additional briefing and consideration the issue of whether the amount of the bond for the injunction should be increased to the difference between the current estimated free market value of the TBG Shares ($250,000 give or take) and the value on the day of the Courts decision. The Court determined that the possible loss to TBG, if it was decided that the TBG Shares should not have been held by the GACR Transfer Agent and re-legended, was $50,000 and ordered GACR to post a $50,000 Bond., which we posted. However, on May 9, 2013 the Court issued its Memorandum Decision and Order in favor of GACR placing a Permanent Injunction on the re-issuance of the TBG Shares without a Rule 144 Legend until such shares were eligible under Rule 144 for the removal of the restrictive Legend, which is on or about December 24, 2013. As a result, GACR's Bond will be canceled and, while TBG has the right to appeal the Memorandum Decision and Order. In management's view it is more likely than not that TBG will not do so and, failing an appeal by TBG, GACR is released from the terms of the Utah TRO as to the restriction on issuance of additional shares to meet pre-TRO agreements and other agreements to which we are a party which require the issuance of additional shares of our stock.	'

Restatement_Details

Restatement (Details) (USD $)	3 Months Ended				3 Months Ended		12 Months Ended	3 Months Ended		12 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012	Dec. 31, 2011	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
					As Reported	As Reported	As Reported	Adjustments	Adjustments	Adjustments
Error Corrections And Prior Period Adjustments [Line Items]	'	'	'	'	'	'	'	'	'	'
Derivative liability	$33,138,133	'	$79,732,676	$5,731,806	$9,184,008	'	$21,248,804	$23,954,125	'	$58,483,872
Total Current Liabilities	35,417,149	'	81,682,542	'	11,463,024	'	23,198,670	23,954,125	'	58,483,872
Total Liabilities	35,828,694	'	82,067,049	'	11,874,569	'	23,583,177	23,954,125	'	58,483,872
Accumulated deficit	-56,445,177	'	-94,527,895	'	-32,491,052	'	-36,044,022	-23,954,125	'	-58,483,872
Total Stockholders' Deficit	-35,144,602	'	-81,603,352	'	-11,190,477	'	-23,119,480	-23,954,125	'	-58,483,872
Accumulated deficit, Opening 2012	'	'	'	'	-36,044,022	'	-5,621,179	-58,483,872	'	-4,358,761
Comprehensive income / (loss)	38,180,645	-261,829	'	'	3,552,970	'	-30,422,843	34,529,747	'	-54,125,111
Stock based compensation	214,286	0	'	'	0	'	'	214,286	'	'
General and administrative	486,148	119,610	'	'	700,434	'	'	-214,286	'	'
Change in fair value of derivative liability	38,690,539	-7,979	'	'	4,160,792	0	'	34,529,747	-7,979	'
Total Other Expenses	38,664,994	-8,358	'	'	4,122,732	430,310	'	34,529,747	-7,979	'
Profit / (loss) before income taxes	38,082,717	-261,829	'	'	3,552,970	-253,850	'	34,529,747	-7,979	'
Net income / (loss)	38,082,717	-261,829	'	'	3,552,970	-253,850	'	34,529,747	-7,979	'
Weighted average shares Basic	334,804,957	272,838,022	'	'	335,037,991	'	'	-233,034	'	'
Weighted average shares Diluted	550,163,039	420,632,665	'	'	638,827,910	'	'	-88,664,871	'	'
Increase decrease in fair value of derivative liability	($38,690,539)	$7,979	'	'	($4,160,792)	'	'	($34,529,747)	'	'