Proving once again that final acts in the EV world are rarely 100-percent, you know, final, check out this bit of surprising news: The Coda Sedan is back. Sort of.
2013 Coda Sedan
Anyone who had Coda Automotive in your office pool for the next electric vehicle maker to declare bankruptcy, go on and collect your winnings. Coda announced today it will restructure as an energy storage business after voluntarily filing Chapter 11 bankruptcy in the District of Delaware. The automaker said it expects the sale process to last 45 days.