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	<title>HybridCars.com &#187; Coda lawsuit</title>
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		<title>Coda Contending With Suits Over Unpaid Vendor Bills</title>
		<link>http://www.hybridcars.com/coda-contending-with-suits-over-unpaid-vendor-bills/</link>
		<comments>http://www.hybridcars.com/coda-contending-with-suits-over-unpaid-vendor-bills/#comments</comments>
		<pubDate>Mon, 04 Feb 2013 17:59:33 +0000</pubDate>
		<dc:creator>Jeff Cobb</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Coda automotive]]></category>
		<category><![CDATA[Coda lawsuit]]></category>

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		<description><![CDATA[<p>Things are looking not so great for Coda Automotive which in addition to having sold few of its all-electric cars, having had a recall over side curtain airbags, and laying off 50 employees last year, is now defending itself in court over alleged unpaid bills to vendors. According to a report by Gigaom, lawsuits filed [...]</p><p>The post <a href="http://www.hybridcars.com/coda-contending-with-suits-over-unpaid-vendor-bills/">Coda Contending With Suits Over Unpaid Vendor Bills</a> appeared first on <a href="http://www.hybridcars.com">HybridCars.com</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>Things are looking not so great for Coda Automotive which in addition to having sold few of its all-electric cars, having had a recall over side curtain airbags, and laying off 50 employees last year, is now defending itself in court over alleged unpaid bills to vendors. </p>
<p>According to a report by Gigaom, lawsuits filed in the past six months have come from RLE International, RTECH, EDAG and FEV. </p>
<p>Dollar amounts owed are said to be $365,500 to RLE, $608,770 to EDAG and $268,200 to FEV. An affiliate of RLE, RTECH, has also sued for failure to pay contract workers. </p>
<p>Coda is negotiating with these companies however, and all but the FEV case have been dropped in agreement between Coda and the respective parties. </p>
<p>The news is foreboding for the Chinese-based EVs that are styled like Toyotas from the 1980s. </p>
<p>In their favor, the cars have offered larger batteries and longer range than, say, a 2012 Nissan Leaf, but sales – which are not actually reported by Coda – are believed to be miniscule in comparison. </p>
<p>We shall see where all this goes. </p>
<p><a href="http://gigaom.com/2013/01/31/electric-car-startup-coda-quietly-dealing-with-lawsuits-over-unpaid-bills/">GigaOm</a></p>
<p>The post <a href="http://www.hybridcars.com/coda-contending-with-suits-over-unpaid-vendor-bills/">Coda Contending With Suits Over Unpaid Vendor Bills</a> appeared first on <a href="http://www.hybridcars.com">HybridCars.com</a>.</p>]]></content:encoded>
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