EV maker CODA files for Chap. 11 bankruptcy; restructuring business around energy storage
Green Car Congress
MAY 1, 2013
has filed a voluntary petition under Chapter 11 in the US Bankruptcy Court, District of Delaware (Petition Nº 13-11153) to enable the reorganization of its business solely around energy storage based on its Li-ion battery systems. CODA diversified its business and formed CODA Energy two years ago.
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