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Coda to Offer Two Range Options for Electric Car

125-mile range model will cost less than $30,000 with $7,500 tax credit.

Published: 11-Jan-2012

Electric-car maker Coda Automotive said its new Coda sedan will give buyers the choice of two battery packs — one that gives the car a range up to 150 miles and another with a range of up to 125 miles.

The company made the announcement at the North American International Auto Show, where it displayed a group of the new cars.

The new, less-expensive battery lowers the car’s price to less than $30,000 if you include a $7,500 tax credit. The 150-mile version will have a base price of $39,900 and the lower-range model will cost $37,250 before tax credits. The company said it expects the choice of range and price to make the car more attractive to car shoppers and boost sales.

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