Coda, a California-based company with operations in China, is said to be using a Chinese partner to produce the $44,900 sedan and provide battery technology for it. An American partner will reportedly supply the drive system.
Coda is said to be looking for about $12,500 in federal and state tax subsidies to bring the cost of the vehicle down.
California’s plan to mandate an electric vehicle market isn’t the first such undertaking and certainly won’t be the last. But as the Golden State ratchets up for its next big step toward zero-emission vehicle status in 2018, it might be wise to consider a bit of history.
By now, most followers of the electric car market know that another Tesla Model S caught fire in early February. The blaze happened in a homeowner’s garage in Toronto. After parking the car, the owner left his garage. Moments later, the smoke detector blared, the fire department was called, and the car was ruined. To date, no one knows why.