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Coda Automotive

Coda Automotive: Bankrupt, R.I.P.

May 2, 2013 in Companies, Electric Drive, EVs by Rich Piellisch  |  No Comments

No Cars – Business Will Be Restructured Around Energy Storage

Say goodbye to Coda Automotive, as parent Coda Holdings has filed for Chapter 11 bankruptcy protection, pledging to restructure with an emphasis on battery-energy storage technology, and selling off its automotive assets.
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‘A Good Year Overall,’ Says UQM

June 1, 2012 in Electric Drive, EVs, Hybrids by Rich Piellisch  |  No Comments

Colorado’s UQM Technologies (AMEX:UQM) is seeing its revenues surge, although expenses for “expanded production engineering activities” are keeping the company in the red. But the firm’s latest financials reflect “a pretty good quarter and a good year overall,” UQM president and CEO Eric Ridenour told analysts.

Deliveries for Coda Automotive’s battery electric sedan accounted for much of the UQM sales surge, to $3.8 million in the fiscal fourth quarter ended March 31, a gain of 61% from $2.3 million in the fourth fiscal quarter of 2011.
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Coda Opens California Assembly Facility

March 12, 2012 in EVs by rich  |  No Comments

'Never before has the case for what we do been clearer," said Coda Automotive chairman Mac Heller (tall, center) as the first vehicle rolled out of the final assembly facility in Benicia, Calif. on March 12.

‘Never before has the case for what we do been clearer,” said Coda Automotive chairman Mac Heller (tall, center) as the first vehicle rolled out of the final assembly facility in Benicia, Calif. on March 12.

Coda Automotive, pre-eminent among the startup automakers striving to deliver battery cars to consumers, formally opened its final assembly facility in Benicia, Calif., north of San Francisco this morning.

“Never has the case for what we do been clearer,” said Coda chair Mac Heller.

“This is just the beginning,” Heller said. “Our founding mission at Coda is to put an electric car in every garage in the world.”

“Innovation is driving our economy in California,” said Benicia Mayor Elizabeth Patterson. “This Coda team is innovation on steroids.”

“The county will be one of the earlier purchasers of Coda vehicles,” said Linda Seifert of the Solano County board of supervisors.

30 Partners Worldwide

Coda vehicles, shipped as gliders from China to the Port of Oakland, are trucked to Benicia to have their UQM Technologies drivetrain, Tianjin Lishen lithium ion battery packs and other components installed by employees of Benicia-based Amports, said Amports operations VP Jimmy Triplett. Only a small handful of workers at the facility are Coda employees, he told F&F.

Arranged in four lanes, 16 Level II, 30-amp, J1772-compliant WattStation units by GE stand ready to charge production Coda vehicles prior to shipping from Benicia.

Arranged in four lanes, 16 Level II, 30-amp, J1772-compliant WattStation units by GE stand ready to charge production Coda vehicles prior to shipping from Benicia.

Coda has 30 partner companies in the Americas, Asia and Europe, Heller said. Among the newly announced ones is GE, for WattStation chargers offered for sale by Coda dealers. GE also supplied an array of 16 30-amp chargers arranged in four lanes for charging the new EVs off the line.

The initial car driven out of the factory by supervisor Kevin Field – a Coda employee at Benicia – had a 31-kilowatt-hour battery pack promising 125 miles on a charge. The car is priced at $37,250 before incentives. Leather seats, premium audio and floor mats brought the sticker price of this morning’s ceremonial first vehicle to $39,739 (Bluetooth hands-free cellphone connectivity is standard).

The standard Coda sedan with 36-kwh pack providing 150-mile range starts at $39,900.


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EV Advocates Get Serious

January 15, 2012 in EVs, Fleet Order by rich  |  No Comments

ELC Calls for Large-Scale Fleet Demo Project, Could Be 1,500 Vehicles,
PG&E to Help Create ‘Comprehensive National Model for EV Deployment’

A coalition claiming “blue chip” membership is designing a large-scale electric vehicle demonstration project it says “will help create a comprehensive national model for EV deployment.” This year and next could see more than a thousand EVs, likely in Northern California.

Navistar, Pacific Gas and Electric, FedEx Express, A123 Systems, Hertz, Azure Dynamics, Coda Automotive, Ecotality, Automatiks, and GE Capital are members of the just-announced Electrification Leadership Council.

1,000 EVs? 1,500?

ELC, which according to Navistar eStar battery electric truck VP Mark Aubry has been working for more than a year, also includes large delivery service companies and vehicle manufacturers, and representatives of national, state and local agencies.
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Coda Offers Smaller Battery Pack

January 14, 2012 in Electric Drive, EVs by Rich Piellisch  |  No Comments

Coda Automotive is offering smaller battery packs to customers willing to lose a bit of range to save a bit of money, pricing 2012 cars with 31-kilowatt-hour packs affording 125 miles on a charge at $37,250 before incentives. The standard Coda sedan with 36-kwh pack providing 150-mile range is priced at $39,900.
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