The discounted electric sedan will be coming soon.
Coda, a little known electric car manufacturer based in Southern California, announced it will start production of its new sedan model. The Coda sedan's (no specific model name was given) base price is $39,900 and it is offered with a 10-year 100,000 mile battery warranty, the longest in the industry. Lately Coda had gone under reorganization, as former GM executive Phil Murtaugh became CEO of Coda Holding.
"We dedicated this year to increasing efficiencies in order to bring down costs," said Murtaugh, "and as we go to market, we are committed to passing these savings to our customers. These progressions align with our mission of putting an electric vehicle into every garage and adding further confidence that CODA will provide dependable electric vehicles for generations to come." Previously, Coda priced the sedan at $44,900, which is much more expensive that its more established competitors. Even the new price is higher than that of its direct competitor such as the Nissan Leaf or the Mitsubishi i.
The CODA sedan is five-passenger, mid-size sedan with full rear seating and trunk space. Its electric engine has an output of 134 horsepower and torque of 221 lb-ft. It is equipped with Fast and Easy recharging system, that the manufacturer claims is twice as fast as the its leading competitors. The onboard 6.6 kW charger can recharge the battery in 4 hours for a 100 mile trip and in 2 hours for a 50 mile trip. A full charge should last 6 hours and then the car's official range is 150 miles. Top speed is 85 mph. The CODA sedan is eligible for the federal tax saving of $7,500 and in California for a further 2,500 of vehicle rebate.