Coda Automotive, a unit of Miles Electric Vehicles, has raised US$25m from private investment manager Aeris Capital AG to develop an all-electric sedan for sale in 2010, reports Bloomberg. The capitalisation for Coda now totals US$74m. Niall Davis, a principal of Aeris Capital, will join Coda’s board. Coda chief executive officer Subscribe to Automotive World … Continued
Coda Automotive, a unit of Miles Electric Vehicles, has raised US$25m from private investment manager Aeris Capital AG to develop an all-electric sedan for sale in 2010, reports Bloomberg. The capitalisation for Coda now totals US$74m.
Niall Davis, a principal of Aeris Capital, will join Coda’s board. Coda chief executive officer
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https://www.automotiveworld.com/articles/80222-us-coda-automotive-raises-further-us-25m/
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