Against the backdrop of the spectacular collapse of a Fisker Karma on the Consumer Reports testing track and Chevy Volt’s production halt, CODA announced that its first electric sedan had been driven off its assembly line. After many delays, the CODA sedan is now for sale.

The Benicia, CA based company had originally said that its electric vehicles would hit the American market in 2010. Then it said late 2011 would see its cars on the street.

As of the time of this writing, CODA has only one dealer, a store in Los Angeles.

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