With recent high-profile failures of government-backed alt-fuel projects including Fisker Automotive and the Vehicle Production Group, one wouldn’t be blamed for thinking the green energy loan program was a flop. But a well-written analysis of the program finds that, despite incessant criticisms, the program did better than some people would have you think.
Browsing the "CODA" Tag
Call 2013 the Year of Reckoning for alternative fuel vehicles. There has been a seemingly endless parade of green car companies shutting down, and it isn’t over yet. The latest victim is natural gas taxi builder VPG, which has suspended operations and will soon be sold to the highest bidder. But VPG has the best chance of rising from the ashes as a bigger, better automaker.
The bell has tolled for electric vehicle maker Coda Automotive, which earlier this year laid off almost all of its employees following dismal sales for their all-electric Coda Sedan. Today the EV maker filed for bankruptcy, and going forward will focus on “energy storage solutions.” In other words, Coda, as a carmaker, no longer exists.
The big news last week was the return of Detroit Electric, which is launching later on this year with the SP:01, an all-electric supercar based on the Lotus Elise. Sounds familiar, right? But Detroit Electric promise it isn’t just a Tesla Motors copycat, and the newly-resurrected company is pledging to have both a pure-electric sedan and hatchback on sale by the end of 2014. The question is…how?
It always sucks to see an innovative company with great ideas go under, and the green energy movement has had its fair share of casualties. But in all honesty, we don’t think anybody is surprised to see electric car maker Coda struggling to make any headway with their Chinese-built EV. With news of more layoffs and dealers slashing prices by 40%, it seems as though the writing is on the wall for Coda.
The Internet has a penchant for drama, and so it was yesterday that a story made the rounds that electric car maker CODA had announced “massive” layoffs…of 50 people. Ok, maybe not so massive, but things are still looking grim for the struggling EV maker and their bland sedan.
While automakers seem split over the concept of making electric vehicles blend in with the crowd, or stand out, one automaker has gone full-on bland for its EV. That company is CODA, which builds a boring electric sedan that does nothing to inspire anyone. Yet the above concept was penned with CODA in mind. Why didn’t they just build that?
As one of the less talked about electric automakers, Coda is struggling to find a marketplace for its innovative-if-boring take on electric sedans. But the California-based automaker plans to take its electric car nationwide in the coming year, working up to a 30-dealer network that spans coast to coast. Coda has to-date delivered around just […]
Despite reservations from the buying public, and withering attacks from anti-EV advocates, the march of progress rolls on. California-based Coda, a start-up EV maker with high aspirations for its all-electric sedan, has finally recieved its official EPA ratings just as production of the first model begins. And the numbers look good; an 88-mile EPA-rated range […]
Coda management says there will be no more delays – deliveries of its eagerly anticipated “budget” electric cars from China were promised to begin “late fourth quarter” of 2011, opening the company’s first dealership in Los Angeles this August with a half-dozen showroom-ready Coda Sedans on-hand for prospective customers to test-drive. Coda’s latest PR push […]
Electric carmaker Coda released a new video, cleverly titled “End Dependence Day”, just in time for the 4th of July! Of course, Gas 2.0 has been covering a world that is coming to terms with its oil addiction – with its oil dependence – since 2007, so the ideas put forward in Coda’s video are […]
General Electric will be hosting a seven-city Electric Vehicle Experience Tour that will bring automakers together in order to educate the public on the technology and operation of plug-in and pure electric vehicles. Supporting the electric vehicle market, GE has already arranged to purchase 25,000 electric vehicles by 2015 for its own fleet as well […]
With so many electric cars hitting the market in the next five years, choosing the right one could be difficult for the indecisive buyer. Many electric car buyers may not currently own a car at all, and others might be looking for a short range second car to get them to and from work. Yet […]
It has taken the major automakers around the world decades to catch on with electric vehicles. Where we should already all be driving electric cars, major electric vehicles will only start hitting the market in the next few months. Much attention has been paid to the Volt and Nissan LEAF, but there lots of other […]
Electric cars have been around for over a century, without ever catching on with the general public. There are plenty of reasons for that; low oil prices, limited range, and the overall prevalence of petrol-powered cars. The business model behind selling cars of any kind, though, has not really changed. Dealerships bring cars into a showroom, customers […]
[social_buttons] Santa Monica, California-based EV start-up Coda Automotive has raised a cool $24 Million to support the development and 2010 California market entry of its all-electric sedan and funding of its battery manufacturing joint venture. The funds came after a successful bid under the Series B Investment Round, backed by a team including former U.S. […]