Well, it can't be a bad thing to be mentioned in the same breath as the Green Bay Packers, though last year would've been better timing.

Electric-vehicle maker Coda Automotive was named in an IBM-led survey as one of 40 so-called "GOOD" companies for its innovations, environmental emphasis and social responsibility.

Coda was recognized among mid-sized (that is, 100 to 1,000 workers) companies as representing a combination of sustainable and creative business practices that further diversity and social good. Other notable companies on the list include Cascade Engineering, Patagonia, Zipcar and, yes, the Green Bay Packers, winners of the 2011 Super Bowl.

Coda, which opened its Los Angeles headquarters late last year, sold its first Coda Sedan EVs in March. The company sells the Sedan with an official 88-mile single-charge range for $39,900. Coda late last month reached a deal with China-based Great Wall Motors to make a vehicle for Europe, China and North America that would undercut most other electric vehicles, pricewise.
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CODA AUTOMOTIVE NAMED ONE OF 40 LEADING BUSINESSES FOR THE GOOD COMPANY PROJECT

Project Highlights 40 Midmarket Businesses That are Working Smarter for a Better World

LOS ANGELES – May 24, 2012 – CODA Automotive, a leading developer of all-electric vehicles and manufacturer of the all-new CODA, has been selected as one of 40 businesses to be profiled in The GOOD Company Project presented by GOOD, an integrated media platform for people and organizations moving the world forward. The project, in collaboration with IBM, highlights 40 businesses, with between 100 and 1,000 employees, for their positive contributions toward economic and social improvement.

The GOOD Company Project selected CODA Automotive for its outstanding leadership, effort, and achievement in sustainability and innovation. Receiving this recognition from The GOOD Company Project is a great confirmation of the positive role CODA Automotive has played, not only creating an economic impact, but a social one as well.

Each company selected excelled in at least two of the identified six core values, characteristic of a good company in the 21st century. The core values are: Innovative, Sustainable, Creative, Socially Responsible, Diverse, and Globalized.

The GOOD Company Project seeks to explore and foster ongoing discussion about the ideas, trends, and firms that will set the tone for business in the 21st century. A list of all 40 companies selected for The GOOD Company Project is presented below.

For more information about The GOOD Company Project and the businesses profiled please visit www.good.is/thegoodcoproject.

The GOOD Company Project: 40 GOOD Businesses

- 72 and Sunny

- Abound Solar

- Adrianna Papell

- Alta Garcia

- Better World Books

- Brookfield Renewable Power

- Cascade Engineering

- Castlight Health

- Cherry Central

- CODA Automotive

- Consert

- Cytori

- DIRTT

- Engine Yard

- Finceramica

- gDiapers

- Gewhandaus Grueber

- GitHub

- Green Bay Packers, Inc

- Honest Tea

- IDEO

- iRobot

- Just Born

- Kasasa

- Keen Footwear

- King Arthur Flour

- Method

- Music Mastermind

- New Seasons Market

- Patagonia

- Powerit Solutions

- Rally Software

- Revolution Foods

- Revolution Prep

- Square

- Sunrise Community Banks

- Sweetgreen

- WET

- Wolff Olins

- Zipcar

ABOUT GOOD

GOOD is the integrated media platform for people who want to live well and do good, and a community for the people, businesses, and NGOs moving the world forward. GOOD's mission is to provide content, experiences, and utilities to serve this community.

GOOD currently produces a website, videos, live events, and a print magazine.

Launched in September 2006, the company has garnered praise for its unique editorial perspective and fresh visual aesthetic and is quickly positioning itself as a significant new voice in our culture.

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.


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    • 1 Second Ago
  • 26 Comments
      Dave D
      • 1 Day Ago
      As a long time IBM'er who still bleeds Blue....I can only say that it is appropriate that a company who makes up the dumbest product names in the history of commerce, should award a car company with the ugliest cars on the market :-)
      • 1 Day Ago
      would that be IBMs personal computer arm that is owned by the chinese?
      krona2k
      • 1 Day Ago
      They might be a GOOD company, but are they a VIABLE company?
      ev_ftw
      • 1 Day Ago
      "Creative Business Practices" Yup, that's coda.
      Marco Polo
      • 1 Day Ago
      Well done Danny King ! Of all the lazy, puff pieces ever passed off as journalism by ABG, this has to be the most blatant ! Danny, do you ever actually ever check any of your source material ? I say this not to be offencive, but in an endeavour to inspire you to be the competent journalist you must have once aspired to be ! Did you ever stop to ask, who are the three leading players in this article ? Did you check how much is valid and how much is just public relations spin ? An IBM survey sounds pretty impressive stuff, very authorities, eh? Well not really, IMB surveys are of no real substance without the sample and the methodology being published being published to authenticate how the survey was conducted. Most IBM surveys are just an on-line survey with no checking, run by the client company using IBM software. Even where IBM's survey service does conduct a survey itself on behalf of a client, it's telephone samples are small and easily manipulated. There is no "collaboration' with IBM". ! So who is the GOOD Company project. GOOD is a magazine founded in 2006 by Ben Goldhirsh the son of Bernie Goldhirsh, ( founder of INC Magazine) as a method of spending his enormous trust fund in a creative way ! The first editor was his college buddy, AL Gore's son Al Gore 3. Regarding normal methods of journalistic news gathering and analysis as old fashioned, as well as other facets of the publishing business, these guys spent their marketing budget throwing parties. To a certain extent it worked ! The parties were covered by by publications such as the Washington Post etc, proving there's no such thing as bad publicity ! Great fun, and some really cool idea's ! Next GOOD merged with Chris Hughes' social network service Jumo. Current is editor Ann Friedman. Ann has an interesting background. Ann was the deputy editor of The American Prospect, a 'progressive' political publication, editor of Feministing.com, ( feminist blog) On leaving college she worked for Mother Jones magazine. Ok, you may argue, so what if this bunch of naive, leftist greenies, have the collective investigative skills of the Easter bunny, what has this do with Coda ? Well, I'm not an investigative journalist, and I'm happy to believe that the folk at GOOD are just naive victims of a shrewd PR spin by CODA's publicity people. However, those with more a suspicious and conspiratorial nature, may wish to follow the labyrinth of transaction back to INC. INC is now owned by Mutual Fund guru Joe Mansueto's Morningstar' inc. Owner of Morningstar Magazine, INC Magazine and a host of other acquisitions such as: Annuity intelligence business of Advanced Sales and Marketing Corp. (ASMC), producers of The Annuity Intelligence Report. Seeds Group, (investment consulting services and fund research in France) Old Broad Street Research Ltd. (fund research, ratings and investment consulting services U K) Continued........
        Dave D
        • 1 Day Ago
        @Marco Polo
        Serious question here, because I agree with Marco Polo on this one. But we always have people throwing in the "ad hominem" defense claiming that these types of posts are invalid. But I think that whether or not the source is truly biased and/or corrupt, then it is legitimate to question the legitimacy of the study and whether they are giving a fair, and unbiased look at the facts. The assumptions a person makes going into a study DRASTICALLY effect the outcome. And in a case like this, they are financially incented to outright lie.
        Marco Polo
        • 1 Day Ago
        @Marco Polo
        Continued... (sorry about the length of post ) Realpoint, LLC, ( Statistical Ratings Organization) Aegis Equities Research Financial Fine Print, Inc.,( unearths critical investor information buried in the fine print of public companies' SEC filings) Logical Information Machines, Inc., Annuity intelligence business of Advanced Sales and Marketing Corp. (ASMC), The Annuity Intelligence Report. There are many business's of the same nature in the Morningstar Stable. Recently, Morningstar has been reaching into the PRC market. So what all that to do with Coda Check out the cross association of the heavyweight financial directors of CODA, and their associations with Morningstar /INC magazine and the PRC's corporate push into mainland USA, the same individuals keep reappearing. Look at CODA's background. Who really owns CODA ? The Coda Sedan is built by Harbin HF Automobile Industry Group Co Ltd ,Owned by Chang'an Motors, who are a Division of the notorious China Weaponry Equipment Group. If you were seeking for a bad guy for a movie about evil and corrupt arms dealers, these guy's would be your first choice ! CODA, the 'American EV' has a battery supplied by Tianjin Lishen Corp. Lishen is controlled by China National Offshore Oil Corporation.(CNOOC). CNOOC is a State owned enterprise, whose ethical history would make Exxon and the CIA look like boy scouts! CNOOC, has been involved in everything from heroin dealing, to human rights abuses on a world scale. CODA is a private corporation, but among it's listed directors and financiers are such names as, Miles Rubin, corporate raider (and serial asset stripper), Steven (that where your money disappeared) Heller, former Goldman Sachs Head of Mergers & Acquisitions, Worldwide and Co-Head of Investment Banking. James P. McGinnis, Harbinger Capital Partners, (a hedge-fund that lost nearly 60% of it's capital). Lord John Browne, disgraced former head of BP. Michael Wang , senior advisor to the PRC government on new vehicle technology and alternative energy production. Henry Paulson - former U.S. Treasury Secretary , former Chairman and CEO of Goldman Sachs and special representative of the U.S.-China Strategic Economic.( Paulson brought you the GFC, bailed out his friends from Govt funds, raised from PRC. ) Robert Rubin, (yep, you guessed it the man who created the GFC, but emerged with billions) and for $17 million a year, nearly destroyed Citibank. Nearly 50 such 'identities' can be associated with CODA, which seems to have become a club for capitalists of dubious reputations, with one thing in common, a desire to do business with PRC State owned entities and financial institutions. But what about the CODA itself technically? Well, despite all that money and connections, it's certainly no Tesla !!! It may be an EV, but to label CODA as a GOOD company, the nomination must have come from Lehman Bros or Bernie Madoff !!!!
          Sorten Borten
          • 1 Day Ago
          @Marco Polo
          Marco Polo said: "this bunch of naive, leftist greenies" Marco Polo also said: "I dislike mindless slander, prejudice, and silly conspiracy theories" Seems a bit contradictory to me and discounts the impressive amount of research you performed (or copied & pasted) regarding CODA. I'm no fan of CODA or the business model where Chinese companies like CODA and Vizio set up corporate "headquarters" in Los Angeles with about 100 employees and then send all of the real jobs and profit back to China. I don't doubt that the link with IBM is weak and most surveys are just popularity contests and opinion polls, which mean little, but the association would have been interesting considering how quickly IBM moved their jobs to India starting back in the late '90s.
          Marco Polo
          • 1 Day Ago
          @Marco Polo
          @ EVnerdGene, Gene mate, there's a book waiting to be written about each of these characters ! The information about Miles Rubin is consistent with the ethics of his whole business career ! I often defend large corporations and individuals from the libellous attacks of the ignorant or envious. But, this collection of greed and ruthless pursuit of gain, is symbolic of the worst excesses of capitalism. The lack of ethics and morality that erodes public confidence, and destroys so many lives. I am relieved that the DOE refused to hand this corporation the hundreds of millions of dollars CODA sought to extract from the US taxpayer !
          DarylMc
          • 1 Day Ago
          @Marco Polo
          Hi marco polo I'm sure Danny King had you in mind when he penned this:) I think it is a universal opinion that this is a fairly dud looking vehicle but I'm not being critical when I say that your passion on this issue is hard for everyone to keep up with. So go easy on everyone with information to give us a chance of understanding. Thanks for the info.
          Marco Polo
          • 1 Day Ago
          @Marco Polo
          @Sorten Borten, Thank you for your response. None of the material is cut and paste. Some of the material is in the public domain, some sourced from other articles I have written on CODA, elsewhere that have been re-quoted in other media. The remark alluding to "this bunch of naive, leftist greenies" was not meant to be a derogatory dismissal of GOOD, but how the majority of investigative journalists would regard GOOD's editors in the media. It wasn't intended to be offensive, and probably would have been better phrased, with the qualification "even if ...... My real criticism of the editors of GOOD, is that to endorse such a collection of individuals with such a title, displays an amazing lack of journalistic research ! But then the Readers Digest in 1937 called Adolf Hitler's National Socialist Germany, an "enlightened society" for it's opposition to vivisection !
          EVnerdGene
          • 1 Day Ago
          @Marco Polo
          Hey Marco, Some interesting background info. You should do an article for Wired Magazine. Problem is; nobody cares. BTW: When Miles Rubin was on his own about ten years ago with Miles Motors (converted little Chinese cars and trucks to electric for the NEV market), he contracted with a friend of U.S. mine to build a bunch of EV components for him. Broke the contract when he found a Chinese supplier that copied the designs - and cheaper of course. My friend ate a pretty big inventory that he built for Miles.
          Marco Polo
          • 1 Day Ago
          @Marco Polo
          @DarylMc I'll agree it's rather a lot, and it's a big issue ! It's very seldom I negatively criticise any EV manufacturer, or for that matter most corporations. I dislike mindless slander, prejudice, and silly conspiracy theories, so when I do write negatively, I want people to know that I don't do so lightly, or without a lot of factual research ! I also welcome correction of any factual errors or conclusions. I should also say that I subscribe to many Morningstar products, and find them extremely well researched and valuable.
        EZEE
        • 1 Day Ago
        @Marco Polo
        Wow...
        DaveMart
        • 1 Day Ago
        @Marco Polo
        I think this is one of Danny's better efforts. Coda is actually a maker of electric cars, so so far, so good. I normally expect from his pieces that he would be under the impression that they were chicken farmers or some such, and that Kellogs is the electric car maker.
      EZEE
      • 1 Day Ago
      It's nice that they are 'good' but as evil as it sounds, shouldn't we also say a criteria must also be 'profitable?' I know I know....but, if a company isn't profitable, they will eventually go under. Also, profit is essentially adding value to a good or service...so, isn't adding value a good thing? This nt to say that Coda might not end up being a good company, but right now, they could go under, lay everyone off, lose a pile of money for investors....not very....'good.'
        Letstakeawalk
        • 1 Day Ago
        @EZEE
        Profitability can take many years to achieve. Tesla still hasn't gotten to that point.
          EZEE
          • 1 Day Ago
          @Letstakeawalk
          Certainly! But, I would hold off on the 'good award' with them as well.
      Anne
      • 1 Day Ago
      Did anyone hear anything from CODA lately? Is the sedan selling well?
      Dan Frederiksen
      • 1 Day Ago
      yeah it's a great company. yet another billion dollar deadite
      miles
      • 1 Day Ago
      What is Coda, really? Aren't they just an importer of Chinese parts & batteries & designs with a minimal amount of bolting it together here in the US? I took a peek at their wikipedia page and it reads like a commercial touting the awesomeness of their car. I sat in the car at the Detroit auto show, and it made my Geo Metro look like a Bugatti.
        Dan Frederiksen
        • 1 Day Ago
        @miles
        nah that doesn't seem to be right. if that was the case it would actually be better because then they wouldn't have spent hundreds of millions of dollars on the project. I think they paid a chinese automaker to develop a car to their specs as well as development of the EV components in it. I'm afraid it's a high dollar outfit. your geo metro comment is rather unintelligent. I'm sure it's a decent car, just not at 40k$ with no way to recover the massive investment.
      M Peter Selman
      • 1 Day Ago
      Oh, goodie...
      DaveMart
      • 1 Day Ago
      Let's hope that they build them a bit better than BYD: 'Shenzhen traffic police say the accident happened at about 3:08 in the early morning on Binhai Dadao (Beach Boulevard) near the city’s downtown. A drunk driver crashed a high-speed Nissan GT-R into a BYD e6, and then collided with another, gasoline taxicab. The e6 hit a tree before bursting into flames. ' http://www.greencarcongress.com/2012/05/bydcrash-20120528.html I can't work out how they have managed to make the chemistry they use flammable. The good news for electric cars just keep on coming this week.
        DarylMc
        • 1 Day Ago
        @DaveMart
        Yeah I hear from gorr that battery ev's have no use now that hydrogen fuel cells are available.
      goodoldgorr
      • 1 Day Ago
      That bev is headed for a painful bankrupcy due to a lack of customer. It's the same price as the volt but offer way less technologies. Who is enouph stupid to choose it over the volt. They probably receive money from big oil on another name, LOL. The entire market and bloggoshere are plag by big oil money. There is at least 10% of petrol money that is reinvested in false pr around the world like this compagny. That car is there to prove to all that there is no alternative to dirty petrol and is paid indirectly by big oil folks. Absolutly nobody know what kind of plug this car have for fast charging and nobody know including the managers of coda if we can fast charge this car. This is a planned catastrophy like the first world war, titanic, second world war, hiroshima, pearl harbor, world trade center.
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