At noon today, nascent auto-maker CODA announced a new electric car available in California in fall 2010. The fully electric sedan will have a range of 90-100 miles on a fully-charged battery.
Speaking during a webinar, the company also formally announced a global joint venture between CODA and battery manufacturer Lishen Battery Co., located in Tianjin, China. Lishen is one of the world’s largest manufacturers of lithium-ion cells for companies like Apple, Motorola, Samsung, and Vodafone. CODA will maintain a 40% stake in the partnership.