CODA Holdings (or CODA Automotive) the Santa Monica, Calif. company that plans to sell all-electric sedans in the U.S. this year, raised another $76 million according to a company statement today. The company's total equity funding, with this round, reached about $200 million. CODA's new backers include Harbinger Capital Partners and Riverstone Holdings, who were joined by earlier investors AERIS Capital and the Angeleno Group.
In addition to producing electric vehicles, CODA manufactures power storage systems for transportation and utility businesses, through a joint venture with Chinese Lishen Power Battery, LIO Energy Systems...
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