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Coda to bring electric vehicles to California

Green Cars News

The Coda will be a four-door, five passenger car, that will be made available for around $45,000 - even less once a $7,500 Federal tax credit and additional state incentives are taken into account. The hope for Coda Automotive is to sell 2,700 units in 2010 with production capacity reaching 20,000 units in 2011.

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Coda Automotive to Bring China-Built Electric Mid-size Sedan to California Market in 2010; New JV with Lishen for Automotive Li-ion Systems

Green Car Congress

Ltd., ( Lishen ) for lithium-ion batteries used in the Coda, announced the establishment of a global joint venture with Lishen to design, manufacture and sell transportation and utility power storage battery systems. Additionally, the company, which has an existing long-term sourcing contract with Tianjin Lishen Battery Joint-Stock Co.,

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