Roundup: Yahoo’s Bartz slams Bing, solar brightens chip market and more
VentureBeat —
... Miles unveils electric Coda — Miles Electric Vehicles, known for its low-speed electric vehicles, has launched Coda Automotive, maker of a $45,000 electric sedan, as a new brand. Earth2Tech has more. ...
Coda Automotive on the Hunt for More Funds [Earth2Tech]
GigaOM Network —
... startups are racing to finance production of fuel efficient and plug-in vehicles that just might gain a foothold among mainstream consumers before the incumbents have a chance to reinvent themselves. Many green car startups in the U.S. are on the hunt for government aid — Department of Energy programs are flush with stimulus funds at a time when venture capital plays have taken a nose dive — but one of the latest ventures to come out of the woodwork, Santa Monica, Calif.-based Coda Automotive, is also trying its ...
Coda Rakes in $24M for Electric Car, Ex-Treasury Chief Joins Investors [Earth2Tech]
GigaOM Network —
... this afternoon from the Santa Monica, Calif.-based startup, which spun out last month from low-speed electric vehicle maker Miles Electric Vehicles, other investors in the round include venture capital firm Piper Jaffray, President Clinton’s Chief of Staff Thomas McLarty and Farallon Capital Management founder Thomas Steyer. Coda/Miles founder and co-chairman Miles Rubin, as well as Kevin Czinger, the company’s current CEO and president, also joined this round. ...
Coda Automotive Clinches $25M for Electric Car [Earth2Tech]
GigaOM Network —
... The new funds will support the Coda Sedan launch (still on track for late 2010, according to the company) as well as Coda’s joint venture with battery cell giant Lishen. “Specifically,” Coda marketing director Kara Saltness told us this morning, “the funding will be allocated to the final safety certification testing” of the car and also “to scale up production of our battery systems.” She said a final close of this Series C round will happen “within the next few months.” ...


