Coda misses February production deadline on electric-powered Sedan
Coda, which has been pushing back the launch date on the car for at least a couple of years, automaker announced pricing on the sedan in November and said at the Detroit Auto Show in January that it expected to start sales in late February. That target date has slipped into history, even with this year's extra Leap day. When the car finally goes on sale, Coda will sell a version of its Sedan with a 150-mile single-charge range for $39,900 and in January said it would offer a version with a 125-mile range for $2,650 less.
The company opened its Los Angeles headquarters in November and said last fall that it had raised more than $300 million in funding since its 2009 founding. Coda last month said it would sell the Sedan through franchised dealers and not at its "experience centers" where the company educates the public about EVs. Coda is reportedly looking to have agreements with as many as 40 North American dealers by year's end.
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