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CODA Sedan

CODA Hopes to Launch All-Electric Sedan Next Month

WASHINGTON – CODA Automotive expects to launch its CODA Sedan before the end of February, but the electric vehicle maker is still awaiting final Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) certifications that are required before sales can begin, the Detroit News reported.

CODA on Track for Sedan Launch Later This Year

BEIJING, CHINA - CODA Automotive CEO Philip Murtaugh said the company is on track to launch sales of its all-electric CODA Sedan in the second half of this year in California, the Detroit News reported.

CODA Raises More Capital for EV Production

SANTA MONICA, CA - CODA Holdings, a developer of lithium-ion advanced battery systems and all-electric vehicles, announced the initial closing of a Series D preferred investment round totaling $76 million. This brings the company's total invested capital to more than $200 million.

CODA Teams with Essex Credit

SANTA MONICA, CA - CODA Automotive, a California-based electric car and battery company, and Essex Credit Corp., a subsidiary of Bank of the West, have reached a preliminary agreement to provide financing for customers of the 2011 CODA Sedan.

CODA Teams With Hertz for EV Rental

SANTA MONICA, CA - Electric car and battery company CODA Automotive is partnering with rental car giant Hertz Corp. to make the CODA all-electric Sedan available at select Southern California Hertz locations.