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Add one more to the growing list of small private electric-car companies: Coda Automotive, a new brand started by Miles EV, a company that’s been selling low-speed electric vehicles from China for about four years.
The Coda sedan was unveiled last week in Santa Monica, Calif. It is based on the Saibao, a gas-powered car built by the Hafei Automobile Group, a state-owned company in China. The chassis was originally developed by Mitsubishi (which licenses it to Hafei). According to Coda, Hafei sells 200,000 cars a year and has delivered more than a million units since it was established in 2006.
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