Coda Automotive Launches Direct-to-Consumer Sales of Its All- Electric, Zero Tailpipe Emissions Sedan ; Deposits Now Accepted at Newly Redesigned Website; Initial Pricing Details and Framework of Unique Consumer Acquisition Experience, Service Infrastructure and Retail Model Announced

U.S. Newswire › September 21, 2010

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SANTA MONICA, Calif., Sept. 21 /PRNewswire/ -- CODA Automotive, a California-based, American-engineered electric car and battery company, today announced that it is accepting deposits for its 100% electric, four-door, five-passenger sedan designed to meet the majority of American drivers' daily transportation needs without using an ounce of gasoline. Drivers looking to jumpstart the electrification movement can now reserve a CODA(TM) with a fully- refundable $499 deposit at www.codaautomotive.com. Details of CODA's Effortless Care customer ownership experience were also announced.

(Photo: http://photos.prnewswire.com/prnh/20100902/LA58896)

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Coda Automotive Launches Direct-to-Consumer Sales of Its All- Electric, Zero Tailpipe Emissions Sedan ; Deposits Now Accepted at Newly Redesigned Website; Initial Pricing Details and Framework of Unique Consumer Acquisition Experience, Service Infrastructure and Retail Model Announced

(Photo: http://www.newscom.com/cgi-bin/prnh/20100902/LA58896)

(Logo: http://photos.prnewswire.com/prnh/20100830/LA56525LOGO-b)

(Logo: http://www.newscom.com/cgi-bin/prnh/20100830/LA56525LOGO- b)

The all-electric CODA Sedan(TM) is capable of up to 120 miles of dependable, all-season range(i), and has a price as low as $37,400(ii), after federal tax savings up to $7,500(iii). The car will qualify for additional California state incentives, including up to a $5,000 tax rebate as available through the state's Clean Vehicle Rebate Project, and HOV access through 20...

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