Business & Economy

Electric car company Coda opens global headquarters in LA

Listen to story

Download this story 0.0MB

Electric car automaker Coda officially opened its global headquarters in Los Angeles Thursday. Coda executives and plenty of politicians were there with promises of jobs, jobs, jobs from the electric car biz.

Solyndra scandal be damned. Saying “green jobs” isn’t kryptonite for California politicians. And at Coda’s global headquarters on Fairfax near Culver City, state and local politicians — like L.A. Mayor Antonio Villaraigosa — were saying it loud and proud.

"We’re focused on connecting the greening of L.A., addressing the challenges that come with climate change and the creation of good green jobs with companies like Coda, so yes, we’re open for business here in the city of LA," Villaraigosa said.

Villaraigosa says he wants to make L.A. the electric car capital of the world. Coda’s grand opening event came a few weeks after Chinese electric carmaker BYD put its North American headquarters in downtown L.A.

Coda employs 225 people. It manufactures its vehicles in China with final assembly in the Bay Area.