Coda Automotive gets new investment from Henry Paulson, Piper Jaffray

Coda sedan – Click above for high res image gallery

As Coda Automotive continues its long march toward eventual production of its new EV sedan a year from now, one of things it will need is cash. Plenty of it. The company has beefed up its cash position with the closing of a Series B funding round that adds $24 million to its coffers. Heading up the list of investors are some familiar names – but not necessarily ones that we often associate with the car business.

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  Tramontana in fighter plane regalia – Click above for high-res image gallery
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  Coda sedan – Click above for high res image gallery
  Another element of Coda Automotive’s electric car program has been confirmed today with the announcement from UQM that it would be supplying motors to the startup company’s new EV…

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