Coda Automotive is offering Californian buyers of its 2012 CODA model 10,000 miles of free fuel through a US$552 purchase rebate during October.
“With gas prices this high in California, this is the perfect opportunity to spell out the extremely low operating costs electric vehicles have to consumers,” said Thomas Hausch, Coda’s Senior Vice President of sales, marketing and aftersales.
The cost to drive a CODA 10,000 miles is put by the company at approximately US$552 in electricity; the fuel cost to drive a gasoline- or diesel-powered vehicle is approximately US$1,723 nationally, or more than US$2,000 in California..
Coda noted that over the past 20 years, the average US real retail gasoline price had increased 106% whereas the average US real residential electricity price declined 12%.
The 31kWh CODA EV is described as “the first all-electric five-passenger, compact sedan with full rear seating and trunk space that meets American drivers’ daily transportation needs without an ounce of gasoline.” Supplied from China in ‘glider’ form with its powertrain assembled in California, the car has an EPA rated combined range of 88 miles per charge of its lithium-iron phosphate (LiFePO4) battery pack, which bears a ten-year, 100,000-mile limited battery warranty.
The 2012 CODA has a MSRP of US$37,250. In California, federal and individual state tax saving and credits may bring the price down to US$27,250 before the US$552 rebate promotion.
