Mexican Media Brands
Coda Abandons Plan to Make EV Batteries in Ohio
Coda Automotive Inc. has canceled plans to open a plant in Columbus, Ohio, to make lithium-ion batteries for electric cars, The Columbus Dispatch reports.
#hybrid
Share
Coda Automotive Inc. has canceled plans to open a plant in Columbus, Ohio, to make lithium-ion batteries for electric cars, The Columbus Dispatch reports.
The Santa Monica, Calif.-based startup says it canceled the factory because of the U.S. Dept. of Energy's failure to make a decision about Coda's application for a $500 million loan. The money would have helped fund the facility, which was to be a joint venture with Coda's battery partner, China's Lishen Power Battery.
The venture partners are supplying batteries made in China for the oft-delayed $45,000 Coda electric sedan, which made its sales debut last month. Partner Hafei Automobile Group is assembling most of the car, which is based on a previous-generation Mitsubishi chassis, in China.
In mid-March, the sedans originally due at the end of 2010 began rolling off the line at a plant in Benicia, Calif., which installs the car's electric drivetrain.
RELATED CONTENT
-
Special Report: Toyota & Issues Electric
Although Toyota’s focus on hybrid powertrains at the seeming expense of the development of a portfolio of full battery electric vehicles (BEVs) for the market could cause some concern among those of an environmental orientation, in that Toyota doesn’t seem to be sufficiently supportive of the environment, in their estimation. Here’s something that could cause a reconsideration of that point of view.
-
How to Build a Military Vehicle from a Pickup Truck
A real piece of military gear. A real pickup that you can get at a Chevy dealership. A really remarkable story.
-
Frito-Lay, Transportation and the Environment
Addressing greenhouse gas reduction in the snack food supply chain
