Hell, only 117 were actually sold in California, because, fundamentally, the Coda was just a boring, undesirable car.
What the nameless EV did have was a chassis based on the compact Chinese Haifei Saibao, the aforementioned 31-kWh lithium-ion battery pack, and a 134-horsepower electric motor. Feel free to call or email him with any questions you may have about buying or selling a used car …
Now Mullen is bringing back the vehicle with very little updates compared to the 2012 version, which was the most recent until Mullen took over Coda’s IP. With its price, range, and design, the Coda car never had a market and it’s not clear why they think that it has changed over the past 5 years. Let us know what you think in the comment section below.
The Coda Cars consortium has 100 gliders and 50 complete cars in its inventory. Considering that the build quality of the Mullen GT they had on the floor looked just a few notches below Etsy's "chimp-crafted" category, I'm not sure I'd want to be anywhere near that thing even if it could hit 200 MPH.
I think I'd rather have the four best Bradley GTs in the world for that price, with lots of cash left over.
The car is now being referred to as the “all-new 2018 700e”. Resembling a circa-2000 Honda Civic but blander, the Coda was manufactured in China by Hafei, a state-owned automobile and aircraft manufacturer. Interestingly, Mullen claims that the vehicle has the same 31 kWh battery pack as the original Coda car, but they claim an absurd “projected” 180 miles (290 km) of range.
Everything you need to know about and expect during, the most important election of our lifetimes. You’ll have to forgive us but $7,500 for a rolling EV shell that looks like an old-gen Kia Rio is laughable. These are the core obsessions that drive our newsroom—defining topics of seismic importance to the global economy.
In a way, I feel bad because I sort of wish I could have some hope for these guys desperately trying to sell off these Codas. It looks like a picture of a matchbox car taken with a macro lens. Kick off each morning with coffee and the Daily Brief (BYO coffee).
Their technologies were purchased by Mullen Technologies, a California-based distributor of small commercial EVs, and they are now trying to bring the Coda electric car back to life. Last August, Coda disclosed in a regulatory filing related to improperly installed air bags that it had sold just 78 of the cars, called the Coda.
It's so wrenching and sad that I don't even know what to think. Updated at 4 pm ET. Exactly how much of a discount will customers be getting?
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And selling them for $39,000?
The car is now being referred to as the “all-new 2018 700e”. The universe's most wildly optimistic company has bought them all, and thinks they can sell them to you. Top speed was 85 mph and range was 88 miles. Note that the name has changed to “Coda Cars,” which is actually a consortium of two organizations: Club Auto Sales and Ready Remarketing. Coda Automotive left the electric car business earlier this year, but there are still a few of its electric sedans lying around and they’re being sold at a “substantial discount.” At least, that’s what the new website Coda Cars is announcing.
Are they going to be able to raise half a billion dollar with that? Well, you can relax. The ones nobody, nowhere wanted to buy, ever and forever?
Mullen has now had a fourth increase in share price, which started three years ago at $0.20 per share, but currently sits at $5.00 per share for the time being.”.
Seriously, this thing is sub VW kit-car grade. © 2020 Quartz Media, Inc. All rights reserved. David Michery, CEO of Mullen, said in the press release: “Mullen is now in the pre-manufacturing stage in the continued growth of the company and implementation of the battery technology. Just don’t expect any of the perks that come with new (or used) car ownership – or a powertrain for that matter.
But they're asking $150,000 for these things.
For Coda, the result was a ~$38,000 4-door sedan with about 88 miles of range and the most bland-looking design you can imagine: The car simply couldn’t compete with similarly priced EVs from more established brands. You can send tips on Twitter (DMs open) or via email: firstname.lastname@example.org. Bobby Newton of the BHPH Car Guys is our go to consultant for answering automotive selling and buying questions.
News for the next era, not just the next hour.
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