And, They’re Off! – CODA Automotive Launches All-Electric Sedan
March 13, 2012
CODA Automotive achieved a major milestone yesterday as the first CODA all-electric sedan rolled off the production line at CODA’s Benecia, California plant. You may recall that The Wendel Forum interviewed Forrest Beanum, VP of Public Affairs at CODA, almost a year ago on April 30, 2011. Our discussion covered various aspects of the electric car marketplace, including costs and incentives associated with vehicle ownership, energy use and sourcing, and the current and future landscape for supporting infrastructure. The only thing missing was a test drive.
Well, the wait is over. We are proud to congratulate Forrest and the rest of the CODA team on this great news! Initial reports price the CODA sedan at $37,250 – a sticker price that can be reduced with a $7,500 federal tax credit and a $2,500 state rebate. A $27,250 electric car? Sounds good to us.
To learn more about the launch of CODA’s sedan, read the Mercury News story at http://www.mercurynews.com/business/ci_20156808/first-all-electric-coda-sedan-rolls-off-assembly or check out CODA’s website, http://www.codaautomotive.com.