CODA Preps for 2011 Launch of Electric Sedan in U.S.

coda electric sedan photo

Photo: Coda Automotive

David vs. Goliath
The Californian start-up CODA is getting ready to launch its first electric car, known simply as the CODA Sedan, in the United States in the second half of this year. The Sedan is a four-door, five passenger battery electric vehicle (BEV) powered by a 33.8 kWh Lithium iron phosphate (LiFePO4) battery system that should give it a range of 120 miles per charge, with a sale price of $37,4008 (after federal tax savings).

coda electric car photo

Photo: Wikipedia, CC

Chief Executive Philip Murtaugh, who joined Coda in January, said the company's Coda Automotive Inc. unit expects to sell 10,000 to 14,000 Coda sedans in the 12 months after the model is introduced in California. Coda also has begun talks with its main vehicle-manufacturing partner, China's Hafei Motor Co., about selling cars using Coda's technology in China, the world's largest car market, Mr. Murtaugh told reporters here Wednesday. (source)

coda electric sedan photo

Photo: Coda Automotive

The CODA electric sedan features a 6.6 kW on board charger which can charges the battery at twice the rate of the Nissan Leaf and Chevy Volt. "It can be charged from depletion in under six hours when plugged into a level-two (220V) charge station. The company estimates that it will cost less than US$3, on average, to to charge the vehicle overnight."

The car will be backed by a 3-year, 36,000 mile limited warranty and the battery system is backed by an 8-year, 100,000 mile limited warranty (which is the same as the Volt and LEAF, and probably all the other EVs that will come on the market soon).

You can make a reservation here for a $499 refundable deposit. More details on CODA's website.

Via WSJ (Reg. Req.)

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