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CODA Electric Sedan to Start from $44,900

CODA Automotive, a startup electric car company in Santa Monica, will price its all-electric sedan at $44,900 before federal and state tax incentives.

With a federal tax credit worth up to $7,500 for the CODA Electric Sedan, the price drops to $37,400.

The CODA Electric Sedan is considerably larger than the electric Nissan Leaf, which is expected to sell for $32,780. Both cars, however, will qualify for a federal tax credit and there are several states offering additional tax credits that could lower the cost of owning a CODA EV even more.

CODA said Tuesday that it will start taking $499 refundable deposits for its four-door, five-passenger sedan this week and will begin delivering the cars in December.

CODA plans to offer a three-year or 36,000-mile warranty on the vehicle and a battery warranty of eight-years or 100,000 miles.

CODA claims its electric sedan can travel 120 miles on a single charge powered by the 33.8 kWh Lithium iron phosphate (LiFePO4) battery pack.

The CODA Electric Sedan will be available in California later this year and Hawaii in 2011.

Sep 21, 2010Blagojce Krivevski

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Blagojce Krivevski

Blagojce Krivevski is physicist and green technology lover. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+.

September 21, 2010 Electric Car Newscoda automotive, coda electric sedan, coda price, CODA Sedan, coda sedan price
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