Green Options

Pawcatuck, CT - Connecticut based Yardney Technical Products, Inc. - who supplied NASA with batteries for the Mars Exploration Rovers (an all-electric vehicle, operating under the most challenging conditions imaginable) - and California-based Coda Automotive announced on Monday, June 8 that the two companies have entered into a joint venture (Coda Battery Systems LLC). Coda Battery Systems LLC will design, manufacture and sell automotive grade lithium-ion battery power systems in the United States.

On May 19, Coda Battery Systems LLC submitted a proposal for funding to the Department of Energy under the stimulus grant program. The funding would be used to build a manufacturing facility in Enfield, CT, which expects to employ 600 U.S. workers in manufacturing positions.

At noon today, nascent auto-maker CODA announced a new electric car available in California in fall 2010. The fully electric sedan will have a range of 90-100 miles on a fully-charged battery.

Speaking during a webinar, the company also formally announced a global joint venture between CODA and battery manufacturer Lishen Battery Co., located in Tianjin, China. Lishen is one of the world’s largest manufacturers of lithium-ion cells for companies like Apple, Motorola, Samsung, and Vodafone. CODA will maintain a 40% stake in the partnership.