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05/22/2013, 06:00AM ET
05/22/2013, 05:58AM ET
05/22/2013, 05:46AM ET
On Apr 27, 2012 07:30AM ET in Clean Technology
Electric vehicle and advanced battery company CODA has partnered with Great Wall Motors Company “to co-develop the first all-electric vehicle for worldwide development and distribution.” The companies intend to make it the most affordable commercially available EV. Pretty ambitious goal.
CODA and Great Wall Motors announced that they had a signed a contract this week, and noted that the new EV would “blend CODA’s leading battery technology, knowledge of the US market and deep experience with global joint ventures with the expertise of China’s fastest growing and most profitable automotive producer.”
This will be CODA’s second vehicle.
“Products will be developed by employees of both companies in their research facilities in LA and Baoding, China. Vehicles will be sub-assembled in Great Wall’s manufacturing facilities in Baoding. Final assembly of US destined vehicles will take place in Coda’s facility in the US.”
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