CEO Abruptly Resigns From Electric Car Maker Coda Greentech Media

13 Июн 2014 | Author: | Комментарии к записи CEO Abruptly Resigns From Electric Car Maker Coda Greentech Media отключены
Coda electric car

CEO Abruptly Resigns From Car Maker Coda

Kevin will remain as strategic to the Sino-U.S. car maker.

November 7,

Coda Automotive, which on bringing a Chinese-American electric car to in a few weeks, has swapped its CEO.

Czinger resigned by mutual the company said. Steve co-chairman of the company, will as interim CEO until a replacement deep experience in mass and logistics can be found. Coda will speak at The Networked EV place in San Francisco on November 9. from Tesla and Panasonic, recently invested $30 million in Motors, will also be .)

CFO Mark Jamieson will take on the additional role of the company said.

Coda the transition was part of a long-term which makes sense, but the seems a tad rushed. Heller, all, is only an interim No permanent replacement has been

The announcement came out Friday at 6 p.m. hardly prime

But most importantly, Czinger, who to the company in 2008, was synonymous Coda s surge. The company was part of Miles Automotive, a small manufacturer of low-speed vehicles whose offices located at the tiny Santa airport. Under Czinger, a college athlete and a Goldman alum, Coda began to large amounts of money and stronger bonds with the government and even with officials. The company has raised $125 million.


Investors include former Secretary Hank Paulson, Goldman Sachs alum, and Bryson, a leading figure in energy. Tom Friedman recently Coda. The touch of the New York columnist, arguably, can come a bit of a curse.

Friedman also Applied Materials amorphous strategy before Applied up to major problems and cancelled its line.

China s government and Chinese meanwhile, have agreed to support Lio Energy Systems. the company that will the battery packs for Coda s

Coda electric car

The sedan, due toward the end of the year, cost $45,000 before Federal and state incentives bring the price down to That s more expensive the Nissan Leaf, which sell for close to $33,000 incentives, and more than the Chevy Volt.

Coda s car has a battery — 33.8 hours compared to 24 kilowatt for the Leaf — but Nissan has an brand name. Coda has running ads in major markets but t have nearly the name The company s ability to sell a car at prices has been an ongoing

Is Coda a Chinese car or not. and I debated that back in The car is based around a gas-burning car on the of Beijing right now. It also be manufactured in China.

however, pointed out that the car is around a design from and has been retrofitted by U.S. for U.S. specifications. The battery is owned by Coda and Lishen Battery. But again, U.S. and components play a crucial and the joint venture is planning to a battery pack facility in the if it can get a DOE loan.

If it does, Coda could one of the first companies to enjoy the financial support of both the and Chinese governments.

I asked car what they thought. One it a Chinese car. Another t.

It s CEO resignation season: Jack of Adura Technologies and Brent at Calera recently left, Lunera got a new CEO.

Coda electric car
Coda electric car
Coda electric car
Coda electric car
Coda electric car
Coda electric car
Coda electric car
Coda electric car
Coda electric car

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