CODA, Great Wall Motors sign LoI to develop EVs

CODA Holdings, a developer of advanced lithium-ion power battery systems has signed a letter of intent (LoI) to develop electric vehicles (EVs) with China’s Great Wall Motor Company, using Great Wall models, for distribution worldwide.

The partnership is expected to combine key technological capabilities of Great Wall with CODA’s purpose built Lithium iron phosphate battery system.

The CODA EV propulsion system combines a 36kWh battery pack that sits between the front and rear axle, achieving optimal performance through balanced weight distribution and a low center of gravity.

The the CODA sedan is coupled with a 134 horsepower motor that achieves 221 lb-ft of torque, regenerative braking system, and air-cooled active thermal management system, and is able to provide consumers 120-150 real-world driving miles per charge.

It is equipped with a 6.6 kW onboard charger, which takes about 6 hours to fully charge from empty and 2 hours to charge for an average 40 mile commute.

CODA Holdings CEO Phil Murtaugh said the company is thrilled to be partnering to electrify Great Wall vehicles.

“With an extensive line of vehicles, and the leading Chinese manufacturer selling in volume in the European Union as well as more than 120 countries globally, our collaboration will enable us to provide our respective customers with a broad selection of high-performing and affordable electric vehicles globally,” Murtaugh said.

Great Wall Motors chairman Wei Jianjun said this partnership will allow us to combine CODA’s high performance EV propulsion system and understanding of the US market with the company’s extensive vehicle platforms, experience in the China market and leading manufacturing capability.

“I’m confident that our combined strengths will ensure us to together become a significant player in the electric vehicle segment worldwide,” Jianjun said.

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