Right now, conditions are prime for new automakers to enter the market. Admittedly, that statement sounds a bit odd as Chrysler and GM are in bankruptcy and automotive sales are down across the board. However, these new automakers are coming in to the industry without legacy costs and with products that the market needs. One new automaker is Coda, which has spawn off from Miles Electric Vehicles.

“The Hafei chassis rides on a 102.2-inch wheelbase with a 175-inch overall length. The sedan seats five adults in a pinch. The company says the sedan will have a real-world range of 90 to 120 miles, with a 0-to-60-mph acceleration time of less than 11 seconds. The car is governed to a top speed of 80 mph.” Source: Automotive News

The vehicle will come with an expected $45,000 price tag but will likely be eligible for significant federal and state tax credits. If you don’t live in California, though, you won’t be in the market for the new Coda EV as the initial launch will be limited to California.

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Filed Under: electric vehicles

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