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CODA and Great Wall Motors Enter Into Electric Vehicle Agreement

Tue, 08/16/2011 - 1:20pm
PowerPulse.net

CODA Holdings, a California based developer of advanced Lithium-ion power battery systems for its all-electric CODA sedan, EV powertrain and stationary energy storage applications, announced that it has entered into a Letter of Intent to develop electric vehicles with China’s Great Wall Motor Company Ltd., using Great Wall models, for distribution worldwide.

"CODA is thrilled to be partnering to electrify Great Wall vehicles," said Phil Murtaugh, CEO of CODA Holdings. "With an extensive line of vehicles, and the leading Chinese manufacturer selling in volume in the European Union as well as more than 120 countries globally, our collaboration will enable us to provide our respective customers with a broad selection of high-performing and affordable electric vehicles globally."

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