CODA Automotive to Launch the All-Electric CODA Sedan in Hawai'i in 2011
Thursday, September 2, 2010
HONOLULU, Sept. 2 -- CODA Automotive, a
privately held American company that designs,
manufactures and sells all-electric vehicles
and battery systems for transportation and
utility related applications, today announced
its intent to distribute the CODA Sedan to
consumer and fleet customers in Hawai'i in the
third quarter of 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 Hawai'i's efforts to transition to
a clean energy economy," said Governor Linda
Lingle. "The State of Hawai'i recognizes new
electric vehicle technology and the
electrification of the transportation sector
will play a critical role in helping Hawai'i
reduce its dependency on the use of fossil
fuels and achieving our 70 percent clean energy
goal by 2030."
Under the Hawai'i Clean
Energy Initiative launched by Governor Lingle
and the U.S. Department of Energy in 2008,
Hawai'i's vision is to have clean energy
account for 70 percent of its total energy
needs by 2030.
"The government and
leadership of Hawai'i 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 Hawai'i 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.
CODA Automotive executives are
participating in the Asia-Pacific Clean Energy
Summit (August 30 – September 2) at the
Hawai'i Convention Center.
About CODA
Automotive:
Headquartered in
Santa Monica, Calif., CODA Automotive™ is
working to reduce dependence on oil and is
leading the way to a cleaner future through
advanced battery systems for its 100 percent
electric car, other electric vehicle
manufacturers and utility applications such as
wind power storage. CODA is working in a smart,
interdependent way with more than 30 leading
global technology and manufacturing companies
across four continents to quickly and
efficiently bring electric drive technology to
market. Through its exclusive battery system
joint venture with Lishen Power Battery,
Lio Energy Systems, CODA is also a large-scale
producer of power battery systems for
transportation and utility applications. CODA
is slated to begin limited deliveries of its
all-electric car in the fourth quarter of this
year (2010). The CODA™ Sedan is a
five-passenger, mid-size car with full rear
seating and trunk space that is designed to
meet American drivers' daily transportation
needs without using an ounce of gasoline. For
more information, please visit
www.codaautomotive.com.