Electric Car Maker CODA Files For Bankruptcy

CODA electric carElectric car maker CODA was once called one of the Big-Three-Electric car makers. In a move that did not come as a big surprise to insiders, the start-up based out of Los Angeles filed for Chapter 11 bankruptcy yesterday. The company converted a small four door family saloon by the Chinese car manufacturer ChangAn Hafei. The modification of the platform, installation of electric motors and the batteries was done in CODA’s Californian factory. InsideEVs has the full story.

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