Coda Indeed


LOS ANGELES (Reuters) — Coda Holdings, the U.S. assembler of Chinese-made electric vehicles, filed for Chapter 11 bankruptcy protection today after selling just 100 of its all-electric sedans, another example of battery-powered vehicles’ failure to break into the mass market.

Of course, “battery-powered” means coal, nukes, and natural gas.

Leave a Reply

Please Login to comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Notify of