Frederick, Colorado – The Coda, a new five-passenger, all-electric sedan, is expected to reach the California market in mid-2010.
Coda Automotive, a California-based electric car and battery company, has signed an agreement with Colorado-based UQM Technologies, which will supply electric propulsion systems to Coda for ten years. The agreement provides for the purchase of 20,000 propulsion systems over the initial two-year period following the launch of volume production.
The vehicle was developed internally by Coda’s engineers, working with multiple external engineering partners, including Porsche Engineering. The Coda sedan is expected to sell for US$45,000 before a $7,500 federal tax credit. It will use a lithium ion battery with a real-world range of 90 to 120 miles (144 to 193 km) depending on driving habits, which the company said will satisfy 94 per cent of daily driving routines. It charges via a 110- or 220-volt outlet and can charge for a 40-mile (64 km) commute in approximately two hours, with a full charge in less than six hours at 220 volts.
The battery system will be supplied by a joint venture between Coda Automotive and Tianjin Lishen Battery Company. The vehicle itself will be fully built and tested on an existing large-scale assembly line operated by Coda’s manufacturing and assembly partner, HaFei Automobile Industry Group, headquartered in Harbin, China.