Electric vehicle maker Coda has announced pricing for its first model – the Yowsa. If you want a Yowsa, it is going to cost you $44,900, which comes out to $37,400 after the federal tax credit. Many are doubting that the Yowsa will have success in a market where consumers can get a Nissan LEAF for $25,300. However, according to Earth2Tech:
“[Coda CEO Kevin Czinger] thinks the first electric vehicle buyers won’t be all that price sensitive (within a range), and that consumers will be interested in the longer, more reliable battery range of the Coda compared to the LEAF. Czinger says Coda’s electric car offers up to 40 percent more driving range than the LEAF under most conditions.”
One of the reasons the Coda will get 40 percent more driving range is that it has an advanced battery management system. This battery heating and cooling system has been a significant contribution to the development of electric vehicles and may eventually become the standard. That said, the rest of the car may leave much to be desired when consumers have to pay $12,000 more than a Nissan LEAF.
Let’s also not forget about the Chevy Volt, which offers a 40-mile all-electric range and then gets an MPG similar to a conventional hybrid afterwards. With a backup gasoline engine, range will not be an issue for this plug-in hybrid. The Chevy Volt will cost $33,500 after the federal tax credit, which is about $8,000 more than the Nissan LEAF and $4,000 less than the Coda Yowsa.
Will the Coda Yowsa be able to compete with the electric vehicles from more established brands? You decide:
After the $7,500 federal tax credit, which electric vehicle option is most attractive to you?
- Coda Yowsa for $37,400 (2%, 1 Votes)
- Nissan LEAF for $25,300 (41%, 26 Votes)
- Chevy Volt for $33,500 (25%, 16 Votes)
- None of these are attractive options (32%, 20 Votes)
Total Voters: 63