Calif. electric car manufacturer CODA picks Ohio for site of proposed battery plantBy AP
Tuesday, May 25, 2010
Electric car maker choses Ohio for battery plant
COLUMBUS, Ohio — A manufacturer of electric cars plans to open a battery plant in Ohio that could mean hundreds of jobs.
Santa Monica, Calif.-based CODA Automotive Inc. says the factory would build lithium ion batteries, creating up to 1,300 jobs after five years. Several sites in central Ohio are under consideration, including one in Columbus.
But the company first must apply for about $400 million in aid from the U.S. Department of Energy. CODA also is seeking an incentive package from the Ohio Department of Development, which hasn’t released details of what the state may offer.
The Columbus Partnership, a group of city business leaders, said Tuesday the project faces many hurdles but calls it an important milestone for new manufacturing.
CODA plans to begin selling its first electric vehicle, a compact sedan, later this year.
Tags: Automotive Technology, Columbus, Green Technology, Green Vehicle Technology, North America, Ohio, United States