PHOTO CAPTION: Coda all-electric car is currently powered by batteries produced in China.

Coda Files Federal Loan Ap for Electric Car Battery Plant

Company wants a low-interest loan from the Advanced Technology Vehicles Manufacturing Program.

Published: 28-Jun-2010

Coda Automotive has submitted its application for a federal loan that would enable the company to build a battery factory in Columbus.

Now, company and city and state leaders will need to wait for the U.S. Department of Energy to consider the plan and make a decision. How long that might be is not known. The factory would provide about 1,000 manufacturing jobs.

"We're very pleased that the process is moving forward," said Bethany Close, spokeswoman for the Ohio Department of Development.


Layers of ReVolt Zinc Air

ReVolt says it solves the recharging problem with Zinc-Air batteries with a bi-functional air electrode

Sakti3 founder Ann Marie Sastry

Josie Garthwaite with Earth3Tech profiles more than a dozen promising battery start-ups including Sakti3, founded by Ann Marie Sastry.

MidAmerican CEO David Sokol with BYD Chairman Wang at 2009 Detroit Auto Show.

The automaker has jumped fivefold in Hong Kong trading since the deal was announced on Sept. 27, 2008.


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