Coda Electric Sedan News

If you are keen to read the latest Coda Electric Car news, PlugInCars.com will keep you informed about the latest breaking news and rumors (the ones worth mentioning). Click on any of the links below to read and leave your comments:

By Tom Moloughney ·
May 12, 2011

GE EV Experience Tour Visits New York

I spent the afternoon today the Citi Field in Flushing, NY, home of the New York Mets. While I am a Mets fan (unfortunately), I wasn’t there today to watch a game, I was there for GE’s New York EV Experience Tour. They had a Mitsubishi i, a Chevy Volt, a Think City, a Smart ED, a Ford Transit Connect Electric and two electric trucks—one was made by Smith, but I didn’t get the maker of the other truck. They had a very large track set up for test drives around the empty parking lot, much bigger than other test drive tracks that I have seen in the past. There was also a Coda Sedan there, but just for display.

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By Brad Berman ·
April 25, 2011

First Coda Electric Car Deliveries Now “Late Fourth Quarter” 2011

Phil Murtaugh, CEO of Coda Automotive, said his company’s electric car is on schedule to go on sale in the United States in the fourth quarter of this year. "We're making good progress," he said, speaking at the Automotive News China Conference. "We're getting our production tooling all in order now. It takes about six weeks to ship them over to the United States, so sometime in the fourth quarter, probably the late fourth quarter, we'll see cars going on sale in California." After a delay from its original delivery target of late 2010, the date has slowly shifted from the second half of 2011, to late 2011, and now late fourth quarter.

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By Josie Garthwaite ·
January 24, 2011

Balancing Act: Range vs. Cost in Next-Gen Electric Cars

The plug-in vehicles rolling out to consumers this year rely on battery technology that’s already a step behind the cutting edge. After all, automakers have been working for years to secure suppliers, build prototypes, refine designs, and integrate systems. When deploying next-generation batteries in future models, automakers face a choice to apply energy density improvements toward increased electric range or reduced costs. Of course, it’s more of a balancing act than an either-or scenario.

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By Nick Chambers ·
January 06, 2011

Coda Automotive Raises Additional $76 Million, Can Breathe a Bit Easier

Coda has raised $76 million in private investment from multiple sources including Harbinger Capital Partners and Riverstone Holdings, as well as more investment from Interim CEO Steven "Mac" Heller, AERIS Capital and Angeleno Group. The series D round of funding certainly lifts some pressure on the startup electric car company.

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By Nick Chambers ·
December 06, 2010

Hertz Details Hourly Electric Car Rentals Including Nissan, Chevy, Mitsubishi, Tesla, Smart, and Coda

Betting that curious consumers will want to spend some extended time behind the wheel before committing, Hertz will offer by-the-hour electric car rentals starting this month in select markets.

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By Brad Berman ·
November 30, 2010

Video: Coda Battery Guru Gives Tour of System

Electric cars are all about the battery. That’s been the consistent message from Coda, the Southern Calif.-based electric car start-up. The company made its major league auto show debut at the recent 2010 Los Angeles Auto Show. After speaking with interim CEO Mac Heller about the company’s business prospects, we asked the company’s battery chief, Phil Gow, to give us a tour of the Coda battery pack and management system.

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By Nick Chambers ·
November 23, 2010

Exclusive Video: CODA's New Interim CEO is Optimistic About the Company's Future

Start-up electric car company CODA has recently been having a bit of a rocky ride. Though the outside world has largely determined that the resignation of both their global sales chief and their CEO, as well as the postponement of consumer deliveries of their first vehicle until late 2011, are indicative of an implosion, the company put on a different face at the 2010 LA Auto Show. Steven "Mac" Heller, CODA's new interim CEO, and I had a chance on the sidelines of the show to catch up and talk about what he brings to the company, where the company is headed, and the status of loans and investment funding potentially in the pipeline.

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By Brad Berman ·
November 16, 2010

Coda Schedules Consumer Deliveries for Late 2011

In another sign of challenging times at Coda Automotive, the company is scheduling consumer deliveries of its all-electric sedan for fall 2011—later than previously expected. This follows a string of bad news: an earlier delay in production from 2010 to early 2011; the resignation last week of its CEO and the week before of it sales chief; and the announcement of its high $45,000 price tag. The company’s interim leadership did not describe the schedule as a delay, and provided no specific reasons for the schedule, except to say the company wanted sufficient time to ensure the quality of production and the final vehicle.

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By Nick Chambers ·
November 08, 2010

Trouble Brewing at CODA? CEO Kevin Czinger Resigns

Late Friday—only three days after CODA's Senior Vice President of Global Sales, Mike Jackson, resigned—the company announced that it's passionate CEO and defacto front man, Kevin Czinger, is also resigning. When added together, you start to get the feeling that things are not going well in the world of CODA. But is this a case of implosion, or just a step towards getting the company on to the next phase?

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By Zach McDonald ·
October 11, 2010

Enterprise Expands EV Rental Lineup; Explores "Innovative Partnership Opportunities" with CODA

Enterprise Rent-A-Car has announced an agreement with CODA Automotive to introduce 100 CODA Sedans into its rental fleet beginning in 2011. A joint press release provided by companies also mentions that they are discussing "other innovative partnership opportunities to help accelerate the adoption of all-electric cars." Could this possibly be in reference to some sort of rental voucher system—similar to the one that Nissan is reportedly considering?

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