Electric Car Maker To Open Battery Facility In Ohio
May 28, 2010
California-based Coda Automotive announced this week it plans build an automotive-grade lithium-ion battery manufacturing facility in Ohio.
Coda, based in Santa Monica, plans to sell 14,000 electric sedans by the end of 2011. Initially, the start-up automaker said it will import batteries from China, where it recently opened a battery manufacturing facility with Tianjin Lishen Battery Joint-Stock Co., according to The Wall Street Journal.
A press release on Coda’s website says will operate the Ohio facility as part of a joint venture with Lishen. The joint venture will be known as Lio Energy Systems.
Coda’s website also says the Ohio-based joint venture “could employ more than 1,000 skilled manufacturing workers initially.”
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