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Coda Automotive (formerly Miles Automotive Group)

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Coda energy savings scheme

When the CODA gets to about 15% SOC, a three-stage, orderly reduction of power begins which helps to maximize range and avoid high power draws from the nearly empty battery. In the first stage, the driver can continue driving at maximum speed (80 mph) but acceleration is limited, meaning the car may feel a bit sluggish when trying to speed up. In the second stage, acceleration and power are limited, allowing a top speed of ~60 mph. In the third and final stage, acceleration and power are limited, allowing a top speed of ~35 mph.

With each stage lasting ~5 miles, the driver has ~15 miles to get out of traffic and pull over to safety. At each stage, the CODA’s telematics and in-dash screen alerts will help to indicate to the driver that they should pull over. The moral of the story is that drivers should plug-in regularly to avoid this situation, but they do forget there is ample time to find a suitable place to pull off to the side of the road.
 
My old Ford Ranger EV does the same thing. A red low charge symbol turns on first reducing max speed, then it starts flashing as it turns into a NEV, and finally you get the dreaded wrench symbol and you are forced to crawl to the nearest charging station.
 
Meh

I went to a presentation by the CODA CEO, Kevin Czinger, yesterday. There were test rides (only the CEO got to drive). I did not ride. It was raining, I was late ... I don't think I missed much.

I wanted to like it, but it was just , well, meh - both the car and the presentation. The guy's heart is in the right place, but I can't see how CODA can succeed with such a generic vehicle. Their target market is pitched at those who are environmentally aware and/or want to reduce dependency on foreign oil and can't afford a Tesla S or Fisker.

Overall, the presentation came off as defensive, which was a shame. I wanted to see full-on passion for the EV. Just like Martin.

There is only one Martin.

Lisa.
 
More cash for Coda.

Company poised to meet the rising demand for electric car and energy storage battery systems
SANTA MONICA, Calif., March 30 /PRNewswire/ -- California-based electric car and battery company CODA Automotive announced today that together with its joint venture partner, Lishen Power Battery, it has secured $394 million of committed capital. Lishen is one of the world's largest manufacturers of lithium ion cells and a key battery supplier to industry leading companies such as Apple, Motorola, Samsung and Vodafone. The capital will enable the company to rapidly industrialize the all-electric CODA car's power system for commercial volume production and support its ability to mass manufacture transportation and utility power storage battery systems.

The joint venture has secured $100 million in committed equity capital and has received a commitment for a $294 million line of credit from the Bank of Tianjin Joint-Stock Co., Ltd.

"This capital strengthens the strategic position of our joint venture and allows us to meet the rising global demand for automotive-grade lithium-ion battery and utility power storage systems," said Kevin Czinger, President and CEO, CODA Automotive. "The U.S. and China face tremendous security and environmental challenges that we intend to address by combining our complementary capabilities and skills. This joint venture will accelerate the adoption of new energy technology while creating jobs in the U.S. and abroad."

CODA Automotive is slated to begin deliveries of its zero tailpipe emissions, all-electric car in the fourth quarter of this year. The company is headquartered in Santa Monica, California and anticipates that it can deliver more than 14,000 vehicles to customers in California by the end of 2011. To date, CODA has raised in excess of $100 million in capital. Through its joint venture, CODA Automotive plans to establish battery manufacturing capacity in the U.S.

About CODA Automotive: Headquartered in Santa Monica, Calif., CODA Automotive is working to reduce dependence on oil and leading the way to a cleaner future by building 100% electric cars and transportation battery systems. CODA Automotive is working in a smart, interdependent way with a number of leading global technology and manufacturing companies to quickly and efficiently bring electric drive technology to market and jump start the electric car movement. Through its exclusive transportation and electric utility storage battery joint venture with Lishen Power Battery, CODA Automotive is also a leading designer and large-scale manufacturer of power battery systems. The American engineered CODA electric car will be available to consumers in 2010.

Contact:
K. Forrest Beanum
VP, Public Affairs & Communications, CODA Automotive
(310) 390-4890 Ext. 355
[email protected]
 
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