Breathe California gives clean air award to Coda Automotive

Lung disease advocacy group Breathe California gave out its Clean Air Awards in San Francisco last week and Coda Automotive was one of the honorees. 2010 was the twentieth anniversary of the awards, which promote groups that work to reduce air polution. Coda is preparing to launch a new battery electric sedan later this year. The Coda sedan is expected to have an electric driving range of about 90-120 miles from its lithium ion battery pack. Coda president and CEO Kevin Czinger was on hand to accept the award in the category of technology development. Another award winner in the transportation field was Solazyme for its work on developing algae-based biofuels.

[Source: Coda Automotive]

PRESS RELEASE

CODA Automotive Lauded for Innovation and Technology Efforts to Combat Climate Change and Air Pollution

SANTA MONICA, Calif., April 16 /PRNewswire/ -- CODA Automotive, a California-based electric car and battery company, was named a Clean Air Award winner in the technology development category by Breathe California. The award, presented today in San Francisco, highlights standout efforts to combat climate change and air pollution in the business, government, education and non-profit sectors. Breathe California, a non-profit organization, has worked to reduce the impact of lung disease through prevention, education, advocacy and patient services, since 1904.

"In addition to negatively impacting our security, environment and the economy, dependence on fossil fuels is harmful to our health and our future," said Kevin Czinger, President and CEO, CODA Automotive. "CODA is committed to addressing this fundamental problem by catalyzing a movement to accelerate the adoption of electric cars."

Breathe California's panel of judges evaluated nominated companies in a series of categories ranging from success in reducing greenhouse gases to improving air quality. The Honorary Committee for the Clean Air Awards includes San Francisco Mayor Gavin Newsom, California State Senator Mark Leno, President of the Santa Clara County Board of Supervisors Ken Yeager and Nadine Weil, Founder of Heart of Green.

"Increased temperatures caused by global warming will exacerbate air pollution, increasing the rates of asthma, respiratory and other lung related ailments," said Linda Civitello, President and CEO of Breathe California, Golden Gate Public Health Partnership. "The unprecedented effort by CODA Automotive to usher-in a new era of clean, sustainable driving is indicative of the vital role the private sector must play in combating climate change."

CODA Automotive anticipates that it will deliver more than 14,000 vehicles to customers in California by the end of 2011. CODA's four-door, four-passenger, fully-equipped mid-size sedan is powered by a 333V lithium-ion battery and provides a real-world range of 90 to 120 miles. CODA has established supply agreements for the vehicles' key electric drive components with a number of U.S. partners including UQM Technologies, BorgWarner, Nexteer Automotive, Delphi and others. Through its own business and those of its suppliers, CODA is preserving and creating thousands jobs in California, Wisconsin, Michigan, Illinois, Ohio, North Carolina and Florida.

About CODA Automotive: Headquartered in Santa Monica, Calif., CODA Automotive is a team of American innovators working to reduce dependence on oil and leading the way to a cleaner future by building 100% electric cars and transportation battery systems. CODA Automotive is working in a smart, interdependent way with a number of leading global technology and manufacturing companies to quickly and efficiently bring electric drive technology to market and jump start the electric car movement. Through its exclusive transportation and electric utility storage battery joint venture with Lishen Power Battery, CODA Automotive is also a leading designer and large-scale manufacturer of power battery systems. The American engineered CODA electric car will be available to consumers in 2010.