Up to Speed

The latest buzz in L.A.'s car culture.

Category: Coda Automotive

Another electric car maker aims for California market

June 3, 2009 |  4:40 pm

CODA-rear-500

Add Coda Automotive to the list of companies that want to sell electric cars in California.

The Santa Monica-based company said today that it plans to begin selling a mid-size, all-electric sedan called — what else? — the Coda in California by the fall of 2010.

 Built in China by state-owned automaker Hafei, the car will sell for $45,000 and have a range of 90-100 miles on a single charge.

The list price is cheaper than the $57,400 Model S sedan that Tesla Motors Inc. is developing, although the Model S is designed to travel up to 160 miles per charge (higher-priced versions will have greater range) and is slated to be built in California. (Tesla has already delivered about 500 of its $109,000 Roadster sports cars.)

Buyers of both the Coda and the Model S would be eligible for a $7,500 federal tax credit.

Coda Chief Executive Kevin Czinger said he hoped his car’s lower price would help put an electric vehicle within reach of more buyers.

Continue reading »


Advertisement


Recent Posts
Up To Speed is moving to Money & Company |  November 16, 2009, 1:21 pm »
KTM unleases its 2010 RC8 R superbeast |  November 14, 2009, 12:03 am »
Aptera to try again for federal loan from the DOE |  November 5, 2009, 5:30 pm »


Categories


Archives