Coda To Sell EVs In U.S. This Year

Coda Automotive is going to begin selling electric cars in the U.S. in the second half of this year, according to a report on the Bloomberg BusinessWeek web site.

            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.