CODA Automotive Strikes ZEV Credit Deal with Major Automaker
13 August 2010
California-based EV and battery systems manufacturer CODA Automotive has entered into an agreement with a major global automotive manufacturer for the sale of ZEV (Zero Emission Vehicles) credits.
CODA will be entitled to more than 50,000 ZEV credits under its planned 2011 California distribution of more than 14,000 five passenger, four door all-electric sedans.
Under the current ZEV regulations, in the 2009 through 2011 model years, a manufacturer must meet at least 22.5% of its ZEV requirement with ZEVs or ZEV credits generated by such vehicles, and at least another 22.5% with ZEVs, AT PZEVs, or credits generated by such vehicles. The remainder of the manufacturer’s ZEV requirement may be met using PZEVs or credits generated by such vehicles.
Later this year CODA will begin limited deliveries of its first vehicle, the CODA Sedan, with space for five and designed to meet the day-to-day needs of most American consumers. CODA’s 33.8 kWh battery, complete with an active thermal management system, will enable consumers to travel 90-120 miles (145-193 miles) in real world driving on a single charge.
A full recharge takes less than six hours using a 220V charger or just under two hours for a short 40-mile commute.
Deposits for the CODA sedan will be available beginning August 2010 at CODAAutomotive.com.
Sorry but with the need to rebuild western manufacturing, we will not be supporting automakers that do not provide jobs for North Americans.
http://blogs.forbes.com/jonathanfahey/2010/08/10/coda-electric-vehicle-nissan-test/
Posted by: Reel$$ | 13 August 2010 at 06:43 PM
@Reel$$
Let he (or she) who doesn't shop at Wal-Mart cast the first stone.
Posted by: drivin98 | 14 August 2010 at 04:39 AM
Apparently drivin98 - you are just such a character who believes their excrement don't stink. Or do you not excrete? - Some aliens have no need (according to the UK Guardian;)
Posted by: Reel$$ | 15 November 2011 at 09:46 AM