It’s a sad story, but not a surprising one. Los Angeles-based electric car maker CODA Holdings has filed for Chapter 11 bankruptcy, saying that it hopes to reinvent itself in the energy storage field. “After concluding a comprehensive review of our strategic options, the Board of Directors, management team and senior lending group have concluded… Read more »
Posts Tagged: Coda
Coda lays off 15% of work force
California-based EV maker Coda Automotive laid off some 50 employees last Friday, including a substantial part of its sales and marketing staff.
Forbes lists two EV firms among America’s Most Promising Companies
ALTe Powertrain Technologies and Coda Automotive are two of America’s Most Promising Companies, according to Forbes.