The CODA: Could This Chinese-Electric Come to California? // Current

The CODA: Could This Chinese-Electric Come to California? // Current: "The CODA: Could This Chinese-Electric Come to California?

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Nascent auto-maker CODA announced a new electric car available in California in fall 2010. The fully electric sedan will have a range of 90-100 miles on a fully-charged battery.

Speaking during a webinar, the company also formally announced a global joint venture between CODA and battery manufacturer Lishen Battery Co., located in Tianjin, China. Lishen is one of the world’s largest manufacturers of lithium-ion cells for companies like Apple, Motorola, Samsung, and Vodafone. CODA will maintain a 40% stake in the partnership.

CODA has also coupled with a European OEM engineering firm and major automotive assembly plant in China to design and build the chassis for the vehicle, allowing them to circumvent major manufacturing costs. CODA assured us that the electric vehicle will be safety certified for the US market.

The global battery partnership has also teamed up with a US company to file a DOE application for federal funding. Applications for Federal stimulus funds were due May 19th, and if selected, the partnership would build a battery manufacturing plant in the US. CODA claims that the CODA 4-door Sedan will be the first mainstream all-electric vehicle available i"