Coda will sell Chinamade electric cars in 2011 USATODAY com

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Coda electric car

By Joe Mcdonald, AP Business Writer

Coda, a start-up California of electric cars, said that its first model be made in China and go on sale in the USA year.

By Damian Dovarganes, AP

Automotive presented its all-electric car at the 2010 Los Angeles Auto .

Coda Automotive’s four-door will be produced by a Chinese based on one of its models that has adapted for electric drive and to U.S. safety standards, Coda’s CEO, Philip He said Coda will batteries in China with partner and Coda will technology and engineering.

Coda to begin sales in California year and expects to sell to 14,000 vehicles in its first 12 said Murtaugh, a former of General Motors China who Santa Monica-based Coda month.

I’m very confident we launch our vehicle in the second of this year, he said in an with a group of reporters.

If it can that deadline, Coda become one of the first companies to a Chinese-made car in the United States announcements by several brands of for such sales. Coda has previously announced sales but Murtaugh said it should be to stick to its latest schedule.

ON: In September, Coda started deposits

BATTERIES? Coda in 2009 they would be in Connecticut

Coda’s plans and the structure of its manufacturing partnership on fast-growing ties between companies in the United States and the world’s two biggest vehicle

Global automakers and ambitious are racing to develop all-electric and cars as governments offer tax and subsidies to promote alternative in hopes of reducing surging for oil.

Nissan ‘s became the first all-electric on the U.S. market in December. It with General Motors’ Volt, which uses an battery and a small gasoline for an additional charge.

A Chinese BYD, began testing its plug-in hybrid in Los Angeles in BYD says it plans to sell its K9 bus this year in the United and start consumer sales in

Coda says it has raised than $200 million investors, including $76 million in its round of funding announced in

Murtaugh said Coda it can compete with bigger, rivals such as Nissan its battery technology delivers a driving range and more performance at low outdoor temperatures can sap a charge. He said that help to overcome a key obstacle to widespread public acceptance of vehicles range anxiety, or the of running out of power.

Coda’s can carry a 34 kilowatt charge, vs. 24 for Nissan’s Leaf, with a increase in range, Murtaugh

We won’t be perfect, but we will be class-leading, he said.

The sedan is on a vehicle made by Chang’an Auto, a subsidiary of Chang’an in northeastern China. Batteries are manufactured in a joint venture Tianjin LiShen Miles Battery Systems.

Coda electric car

Coda also hopes to its propulsion systems to Chinese and automakers and for use in non-vehicle industrial storage, Murtaugh said. He its Chinese joint venture is on 28 projects to show to 12 to 15 companies, Chinese and foreign, how its technology be applied to products made for

In California, Coda’s sedan retail for $44,900, or $32,400 a $7,500 federal tax credit and a state government credit, Forrest Beanum, Coda’s president for communications.

Major rental companies Hertz and Rent-a-Car say they will Coda electric sedans for

Coda and Chang’an Hafei are whether the Chinese partner sell a version of the electric in China, Murtaugh said.

The Chinese government has targeted cars in industrial development that call for China to its own profitable technologies.

The Ministry of and Information Technology said year Beijing will 100 billion yuan ($15 over the next decade to China a leader in alternative vehicles.

In the United States, says it might open a factory in Ohio if can obtain million from the U.S. of Energy .

Among other carmakers, Irvine, California-based Automotive says it will selling its luxury Karma in China this year a local partner.

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