Monday, January 9, 2012

CODA Automotive offers lower-cost battery and range option for electric sedan


CODA Automotive will offer two mileage range and price options in 2012 for the CODA sedan. In addition to the original model, equipped with a 36 kWh battery pack offering up to a 150-mile (241 km) range with a MSRP of $39,900, a new 31 kWh battery option will provide a driving range of up to 125 miles (201 km) and will be available at a lower base MSRP of $37,250.

After federal tax savings, the base price will be $29,750, and will qualify for additional state tax credits, including a maximum of $2,500 in California and up to $7,500 in 12 other states.

Research shows that the high cost of today's alternative fuel technologies is one of the largest barriers that keep the average driver from purchasing an electric vehicle. Our continuous dedication to identifying affordable solutions and passing the savings on to our customers aligns with our mission of putting an electric vehicle into every garage.

—Phil Murtaugh, CEO, CODA Holdings

A 6.6kW onboard charger provides a 100-mile charge in as few as four hours. The active air thermal management system provides constant battery care by keeping the Lithium-iron Phosphate (LiFePo4) battery pack at its optimum temperature in hot and cold weather conditions.

CODA anticipates first deliveries of the 2012 CODA sedans will begin next month.