CODA Automotive expects to launch its CODA Sedan before the end of February, but the electric vehicle (EV) maker is still awaiting final Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) certifications that are required before sales can begin, the Detroit News reported.
The newspaper interviewed CODA CEO Phil Murtaugh while he was attending the Washington Auto Show.
CODA has five dealers committed to selling the vehicle, including one in San Diego and another in the San Francisco Bay Area. The company began production of the EV in November.
During the interview, Murtaugh noted that the company has a pending application for a federal government loan under the Department of Energy's Advanced Technology Vehicle Loan program. Approval of the loan will determine whether CODA can shift its manufacturing operations from China to the U.S., he said.
To read the full article from Detroit News, click on the URL: http://www.detroitnews.com/article/20120126/AUTO01/201260471
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