What must America sacrifice in order to slow down its unprecedented oil consumption of nearly 19 million barrels per day? To cut back on the $3,600 or so that the average U.S. household spends annually to drive its cars from point A to point B? Less than you think. Much less. In fact, next to [...] read more + share +
CODA released some important news today: We’ve now gathered $394 million dollars to expand our battery venture with Lishen. This is exciting news for a variety of reasons. Most importantly, it means we can produce more than enough batteries to ramp-up CODA’s production and meet our manufacturing goals. In-turn, this allows us to preserve and [...] read more + share +
As history shows, the cost to bring disruptive technologies to market is usually steep; but as consumer adoption and demand grow, prices drop. From an ecological, economic, energy supply, and national security standpoint, we cannot wait 10 to 15 years for electric cars. We need affordable electric vehicles now. It’s not a question of when; all [...] read more + share +
As a nimble, growing electric car company, we took issue with David Welch’s recent BusinessWeek article on the Energy Department’s funding of two green car start-ups, Tesla and Fisker. Not that we weren’t just as baffled as the rest of America about why the Energy Department would give nearly a billion dollars – $993 million [...] read more + share +
Sliding into the driver’s seat of Coda’s electric sedan for the first time, I looked around for clues. Here’s 100 years of automotive history, reinvented — what’s different? No gear-shift, just a knob that engages the car’s two speeds, forward and reverse. A battery-life gauge. Not much else. Then I pull into midtown Manhattan traffic [...] read more + share +