CODA Automotive to Launch the All-Electric CODA Sedan in Hawaii in 2011

September 2, 2010 – Vol.15 No.24

CODA Automotive to Launch the All-Electric CODA Sedan in Hawaii in 2011.

The CODA Sedan will be one of the first affordably priced, all-electric vehicles on the road in the U.S. when CODA begins limited deliveries at the end of 2010. The CODA Sedan is a four-door, five-passenger car, powered by an all-electric drive system, including a CODA-designed 33.8 kWh Lithium-ion battery system with 40 percent more usable energy that any electric vehicle in its class. CODA's proprietary battery management and thermal management systems keep the battery within a specified temperature range which enhances safety and durability, and allows for a consistent and dependable range of up to 120 miles across all U.S. weather conditions.

"CODA Automotive's all-electric vehicle is another important addition to Hawaii’s efforts to transition to a clean energy economy," said Governor Linda Lingle. "The State of Hawaii recognizes new electric vehicle technology and the electrification of the transportation sector will play a critical role in helping Hawaii reduce its dependency on the use of fossil fuels and achieving our 70 percent clean energy goal by 2030."

Under the Hawaii Clean Energy Initiative launched by Governor Lingle and the U.S. Department of Energy in 2008, Hawaii’s vision is to have clean energy account for 70 percent of its total energy needs by 2030.

"The government and leadership of Hawaiii has clearly demonstrated that they are aggressively supporting the adoption of all-electric vehicles through their rebate program and commitment to developing charging infrastructure," said Kevin Czinger, President and CEO, CODA Automotive. "We look forward to bringing relief to the people in the State of Hawaii who are accustomed to traditionally high gas prices and are confident the CODA Sedan will meet all of their day-to-day driving needs."

Over 100,000 miles of use, each CODA Sedan will result in an average CO2 savings of 21.8 tons relative to a 25 MPG internal combustion engine-based car. (9/1/10)

Links:

CODA Automotive
http://www.codaautomotive.com

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No