Coda to Replace CEO Sometime with Someone

Coda, the distribution company that intends on buying electric vehicles in China and rebranding them “Coda” announced that it’s turn-a-round/founder CEO has resigned. Now, I’ve written in the past that although electric vehicles are generally a good movement, Coda appears to be about a bunch of guys who see a financial upside by introducing any electric car to the US, despite the fact that the “Coda” is a decade-old Japanese design that’s been retrofitted to run electric for the US market. Made up of mostly money guys, this company’s future is limited to a government bailout or loan. I hope that they prove me – and many others – wrong. Stay tuned, and Greentech article here: http://www.greentechmedia.com/articles/read/ceo-abruptly-resigns-from-electric-car-maker-coda/