CarBuyersNoteBook

Coda Automotive has unveiled a new highway-speed, full performance all-electric sedan to the market, adding another potential electric car for motorists deciding to go electric. The four-door, five-passenger, fully-equipped mid-size Coda sedan will be available for $45,000.

The new Coda sedan is powered by a 333V lithium-ion battery with a real-world range of 90 to 120 miles depending on individual driving habits. It travels far enough between charges to satisfy 94% of daily driving routines. The onboard charger plugs into any 110 or 220V standard outlet and completes a full charge in less than six hours at a 220V service. Charging the battery for a 40-mile commute can be completed in two hours.

Featuring a fraction of the moving parts of a gas-powered vehicle, the Coda sedan is less susceptible to wear-and-tear and never requires an oil change. The company estimates that it will cost less than $3, on average, to drive 100 miles. A comparable gas-powered sedan that gets 20 mpg costs about $17 per 100 miles. Driving a Coda equates to over $2,000 in operation and maintenance savings per year at normal driving rates — that’s $20,000 in savings over a ten year period.

(Source) Press