Just days, after receiving its official EPA numbers the first Sedan from Coda Automotive has rolled off the line at the company's facility in Benicia, CA. The milestone had originally been expected to be reached as early as 2010, but as with many other automotive startups, there have been some delays. Contrary to much naysaying however – along with accusations of being part of a communists plot – Job One has now been achieved and reservation holders should soon start taking delivery of their vehicles.

The first Sedans will come with a 31-kWh battery pack and are priced (before rebates) at $37,250, a figure that Coda says makes it the least expensive electric vehicle per mile of range available today. Production of the company's 35-kWh battery model is expected later this summer. Vehicles are being sold through dealerships such as the Marvin K. Brown Auto Center in San Diego and the Del Grande Dealer Group in Silicon Valley with more locations being announced soon.

If you place a reservation through the company's website today, don't expect to be able to receive a vehicle immediately. Though Coda won't be specific about its projected production and sales volumes, it says that it will take a while to satisfy its current customer backlog. Hit the jump for the official press release along with video of the first Coda rolling out the door.

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Newest US-Based All-Electric Vehicle Manufacturer Celebrates the Final Assembly of its first EVs at Northern California Facility

BENICIA, Calif., March 12, 2012 –Amid cheering employees, the first fully assembled CODA – a silver all-electric sedan with a 31 kWh battery pack – to be sold to consumers drove off the final assembly line. The momentous occasion officially kicked-off the final assembly of CODA Automotive's first all-electric 2012 CODA five passenger sedans that will be sold in California – ultimately to current reservation holders.

"This is an incredibly exciting day for the CODA family and the EV community," said Mac Heller, executive chairman, CODA Holdings. "Since day one, we've been dedicated to designing an electric car that provides the amenities that the American driver has come to expect, such as range, torque, and value. This car symbolizes our commitment to accelerating the adoption of EVs."

The all-electric car company continues to support the growth of green jobs in Northern California as it conducts the final assembly – including the installation of the vehicle's central powertrain unit and other electrical components, and a robust vehicle safety and quality inspection – at a facility located approximately 30 miles from San Francisco. With the initial assembly of the glider chassis and Lithium-ion battery pack conducted in China, all research and design, marketing and sales are conducted at the company's global headquarters in Los Angeles.

The CODA will be soon available for purchase at dealerships throughout California: CODA of Silicon Valley, run by Del Grande Dealer Group (DGDG in Northern California; Marvin K. Brown Auto Center in San Diego; and various locations in the Los Angeles region that will be announced soon. As production increases, additional dealerships in the state and beyond will be announced.

The new 2012 CODA is the first all-electric five-passenger, mid-size sedan with full rear seating and trunk space meets American drivers' daily transportation needs without an ounce of gasoline:

- Best in-class(i) driving range: The 31kWh 2012 CODA mileage vehicle features 88 miles per charge EPA rating. Depending on driving habits, it can be driven up to 125 miles(ii) on a single charge, nearly four times the average daily commute(iii) .

- Best in-class(i) range per dollar: The 31kWh 2012 CODA has an MSRP of $37,250 and can go up to 125 miles on a single charge(ii). In California, federal and individual state savings and credits may bring the price down to $27,250(iv).

- Fast and easy recharging: An unbeatable 6.6kW onboard charging capability provides a full charge in about six hours on 240 V (Level 2 EVSE).

- Dependable range: The active thermal management system provides constant battery care to help optimize the battery pack's performance in hot and cold weather conditions (v).

- Superior EV battery technology: The EV is powered by a safe and efficient lithium-iron-phosphate (LiFePo4) battery pack with an industry leading 10-year, 100,000-mile limited battery warranty.

More information is available at www.codaautomotive.com.

About CODA Automotive

Headquartered in Los Angeles, CODA Automotive is a privately held company that designs, manufactures and sells all-electric vehicles. The first CODA EV is a zero emission four-door, five-passenger sedan with a full-size trunk that is designed to meet American drivers' daily transportation needs. Its parent company, CODA Holdings, and its other business lines – CODA EV Propulsion Systems and CODA Energy – develop clean technology products to reduce global dependence on fossil fuels and the social, economic and environmental destruction that follows. For more information, visit www.codaautomotive.com.

(i) Best range per dollar and EPA range in any non luxury compact battery electric vehicle (BEV) class.

(ii) Actual range and vehicle performance will vary depending on personal driving style, speed, weather and cargo load. Society of Automotive Engineers (SAE) Urban Dynamometer Driving Schedule (UDDS) test of the 31kWh battery yielded 133.6 miles per charge for city driving conditions

(iii) The average driver drives 29 miles a day, according to the Bureau of Transportation Statistics website.

(iv) After state and federal tax savings, net as low as $27,250 in California. MSRP $37,250, with federal tax savings from 0-$7,500. . CA State rebate of $2,500 (while available) - ;some states have higher rebates of up to $7,500. Excludes tax, title and license. Initially available through online reservation process. Subject to change. To help determine rebate eligibility, please visit http://www.irs.gov/newsroom/article/0,,id=206871,00.html/.

(v) When plugged in or driving, the CODA sedan's active thermal management system will heat or cool the battery to maintain battery integrity and consistent driving range in extreme temperatures.

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    • 1 Second Ago
      Jim McL
      • 3 Years Ago
      Great to see another BEV on the market, I wish Coda well. I would wait for the larger battery pack. Another 20 miles (or whatever) is a big deal.
      • 3 Years Ago
      CONGRATULATIONS, guys! Well done, and best of luck to you.
      • 3 Years Ago
      Whether or not it meets its original efficiency targets, does it really have to come in such a plain, ugly looking, design-by-committee package? I fell asleep just....zzzZZZZZZZZ. ZZZzzzz....zzzZZZZ....zzzzZZZZ-k-k, cough, oh, what was I saying? Oh yes... Couldn't they give it a little more modern, hi-tech look? Just a touch? It is 2012 afterall. For every car buyer there are more factors to consider other than efficiency and "green" appeal. There is something more about the package and the overall design that appealed to them enough to plunk down some cash. This thing looks like it was designed in 1997. Even a Prius has more design cache. To me, it has no appeal whatsoever. Just my opinion.
      Nissan Leaf
      • 3 Years Ago
      The real story are the high risk gamblers who will buy one.. the car may be great but compare the chaces that the company will be there for the 8 years of warranty to the chances that Nissan will be there for Leaf owners. How many start up car companies since World War II have made it? What are CODA's chances when there are ten BEV competators in the market 24 months from now? Where do they amertize their start up expenses to? VW, GM, BMW, Mercedes, Toyota, Nissan, Honda all have deep pockets and sales in the millions, CODA has.... this one car (so far)..
      • 3 Years Ago
      I wish Coda well, and look forward to hearing reports from actual owners. I have to admit that I dislike marketing hype, however. In this instance, it seems silly to boast that the Coda is "the least expensive electric vehicle per mile of range." If we do the math, we find that said claim amounts to about 18 *inches* of range per dollar more than a Nissan Leaf.
      • 3 Years Ago
      How can they expect to sell an unknown at a volt price?
      • 3 Years Ago
      It is nice that they lowered the price. But those efficiency numbers suck. What did they do so wrong to get such bad miles/watt? Aerodynamics? Weight? Poorly designed drivetrain? It sucks to get such a big battery pack but not such big range.
      Woody Becker
      • 3 Years Ago
      Boring, more chinese junk we don't need!
      • 3 Years Ago
      Kudos Coda
      • 3 Years Ago
      So were the EPA numbers for THIS version with the slightly smaller 31 kWh battery? Or were the EPA numbers for the 35 kWh battery? I'm confused. Because if the EPA range was for this version, that means that Coda still has a chance to put out a car with significantly longer range than other EV's in the sub-40K price range. Since that was the entire appeal of the Coda for many folks, what really matters will be the EPA range for the larger battery version. There is still room for some really good news coming from Coda.
      • 3 Years Ago
      You know who wasn't at the launch? Their chief engineer. Because they just fired him.
      Dan Frederiksen
      • 3 Years Ago
      HEY! : ) congrats I hope it goes well although dipping the price below the Leaf couldn't hurt. at 29995 you might have a chance. maybe. I know it's brutal but when the bankruptcy comes, don't say I didn't tell you.
        • 3 Years Ago
        @Dan Frederiksen
        Coda's chance was in 2009 Its an unknown (mostly) Chinese car directly competing against a known Japanese make, and model in its second year. I don't know about you, but there is no contest in my mind .... and Coda doesn't have the pockets nor will it get the volume to be able to discount its price enough as the Japanese did when entering our market in the late 60's early 70's
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