Coda Automotive
CODA Automotive Inc. is a privately held American company headquartered in Los Angeles, California, that designs, semi manufactures lithium-iron phosphate (LiFePO4) battery systems built for automotive and power storage utility applications. The company initially sold electric cars.Miles Automotive partnered with Hafei and Qingyuan Electric Vehicle to establish Coda Automotive as an affiliate company. The name CODA comes from the musical term for the concluding passage of a piece of music. CODA Automotive has said that it chose the name because its electric vehicle technology represents an end for combustion engine vehicles, and the start of the electric vehicle era.
In June 2009, CODA announced the creation and funding of LIO Energy Systems, a global joint-venture with Lishen Power Battery. LIO Energy Systems was formed with the purpose of designing, manufacturing, and selling battery systems for electric vehicles and utility applications. LIO Energy Systems will supply battery systems to CODA Automotive for use in the all-electric CODA, to other automotive OEMs globally, and to renewable energy producers, utilities and other power storage customers. LIO Energy Systems was later renamed CODA Energy.