Exhibit 99.3

GREEN AUTOMOTIVE COMPANY

(Formerly Green Automotive Company Corporation)

Unaudited Pro Forma Condensed Consolidated Financial Statements

On June 28, 2012, Green Automotive Company (“GAC” or the “Company”) 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.  These shares represent approximately Ten percent (8.19%) of the Company’s voting control.  This transaction closed on July 23, 2012.

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 recoded as part of purchase price.

The acquisition has been accounted for as a business combination and the Company valued all assets and liabilities acquired at their fair values on the date of acquisition. Accordingly, the assets and liabilities of the acquired entity were recorded at their estimated fair values at the date of the acquisition.

The allocation of the purchase price to assets and liabilities based upon fair value determinations was as follows:

The purchase price consists of the following:

The following unaudited pro forma condensed consolidated financial statements have been prepared to give effect to the completed acquisition, which was accounted for as a purchase.

The unaudited pro forma condensed consolidated balance sheet as of December 31, 2011, and the unaudited pro forma condensed consolidated statements of operations for the year ended December 31, 2011 and Twelve months ended December 31, 2012, are presented herein. The unaudited pro forma condensed consolidated balance sheet was prepared using the historical balance sheets of GAC as of December 31, 2011 and LEC Entities as of December 31, 2011. The unaudited pro forma condensed consolidated statements of operations were prepared using the historical statements of operations of GAC for the year ended December 31, 2011 and Twelve months ended December 31, 2012, and the historical statements of operations of LEC Entities for the year ended December 31, 2011 and Twelve months ended December 31, 2012.

The unaudited pro forma condensed consolidated balance sheet gives effect to the acquisition as if it had been completed on December 31, 2011, and consolidates the unaudited condensed balance sheets of GAC and the assets acquired from LEC Entities. The unaudited pro forma condensed consolidated statements of operations for the years ended December 31, 2011 and Twelve months ended December 31, 2012 give effect to the acquisition as if it had occurred on January 1, 2011.

The unaudited pro forma condensed consolidated financial statements presented are based on the assumptions and adjustments described in the accompanying notes. The unaudited pro forma condensed consolidated financial statements are presented for illustrative purposes and do not purport to represent what the financial position or results of operations actually would have been if the events described above occurred as of the dates indicated or what such financial position or results would be for any future periods. The pro forma information does not reflect cost savings expected to be realized from the elimination of certain expenses and from synergies expected to be created or the costs to achieve such cost savings or synergies.  No assurance can be given that cost savings or synergies will be realized.  The unaudited pro forma condensed consolidated financial statements, and the accompanying notes, are based upon the respective historical consolidated financial statements of GAC and LEC Entities, and should be read in conjunction with GAC’s historical financial statements and related notes contained in GAC’s Annual Report for the year ended December 31, 2011, and LEC Entities’ financial statements presented as Exhibit 99.1 to this Current Report Form 8-K/A.

GREEN AUTOMOTIVE COMPANY

(Formerly Green Automotive Company Corporation)

Unaudited Pro-Forma Condensed Consolidated Balance Sheet

As of December 31, 2011

See Accompanying Notes to Unaudited Pro-Forma Condensed Consolidated Financial Statements

GREEN AUTOMOTIVE COMPANY

(Formerly Green Automotive Company Corporation)

Unaudited Pro-Forma Condensed Consolidated Statement of Operations

For the Year Ended December 31, 2011

See Accompanying Notes to Unaudited Pro-Forma Condensed Consolidated Financial Statements

GREEN AUTOMOTIVE COMPANY

(Formerly Green Automotive Company Corporation)

Unaudited Pro-Forma Condensed Consolidated Statement of Operations

For the Year Ended December 31, 2012

See Accompanying Notes to Unaudited Pro-Forma Condensed Consolidated Financial Statements

GREEN AUTOMOTIVE COMPANY

(Formerly Green Automotive Company Corporation)

Notes to Unaudited Pro Forma Condensed Consolidated Balance Sheet

Note 1.

Basis of Presentation

The accompanying unaudited pro forma condensed consolidated financial statements present the pro forma results of operations and financial position of GAC and LEC Entities on a combined basis based on the historical financial information of each company and after giving effect to the acquisition of LEC Entities by GAC. The acquisition was recorded using the acquisition method of accounting.

The unaudited pro forma condensed combined consolidated balance sheet as of December 31, 2011 combines the historical results for GAC as of December 31, 2011 and the historical results for LEC Entities as of December 31, 2011, as if the acquisition had occurred on December 31, 2011. The unaudited pro forma condensed consolidated statement of operations for the twelve months ended December 31, 2012, combines the historical results for GAC for the twelve months ended December 31, 2012 and the historical results for LEC Entities for the twelve months ended December 31, 2012, as if the acquisition had occurred on January 1, 2012. The unaudited pro forma condensed consolidated statement of operations for the year ended December 31, 2011 combines the historical results for GAC for the twelve months ended December 31, 2011 and the historical results for LEC Entities for the twelve months ended December 31, 2011, as if the acquisition had occurred on January 1, 2011.

Note 2.

Pro Forma Adjustments

(a)

Represents the depreciation of $17,980 related to the fair value of fixed assets acquired in the transaction, as if the acquisition had been completed on January 1, 2011.

(b)

To reflect the common and preferred stock issued as consideration in the acquisition net of LEC Entities additional paid in capital not acquired in the transaction.

(c)

To reflect the elimination of LEC Entities accumulated deficit and other comprehensive income.

(d)

Represents the write off of Goodwill on acquisition as if the acquisition occurred on 1^st January 2011 – Consideration of $3,487,109 less net assets acquired of $797,777.

(e)

Represents the depreciation of $17,980 related to the fair value of fixed assets acquired in the transaction, as if the acquisition had been completed on January 1, 2012.

(f)

To reflect the issuance of 39,742,178 shares of common stock on the date of acquisition.