Coda aims to sell 50,000 electric cars by 2015
Electric car start-up Coda Automotive aims to sell 50,000 vehicles by 2015, mostly in the United States, chief executive Phil Murtaugh told reporters today.
Coda, like Tesla Motors and Fisker Automotive, is one of several new companies that are banking on mass-market adoption of electric vehicles. Major automakers including Nissan Motor and General Motors are also racing to launch electric cars.
Coda is making its first vehicle, the Coda EV, in China in partnership with Hafei, which is controlled by state-owned China Changan Auto, and is scheduled to begin selling it in the United States in the second half … Read more