CODA to Site Electric Car Battery Manufacturing Facility in Ohio Pending DOE... -- SANTA MONICA, Calif., May 25 /PRNewswire/ --
"CODA's decision to open a facility in our state means that Ohio workers will help manufacture the cars of the 21st century," said Senator Sherrod Brown of Ohio. "Ohio is quickly becoming a national leader in clean energy component manufacturing for the auto industry. In Ohio, CODA will find a rich manufacturing heritage, skilled workforce and entrepreneurial spirit."
Lio Energy Systems, a joint venture between CODA and Lishen Power Battery, would operate the facility. Lio Energy Systems currently operates a one-million square foot facility in Tianjin, China with the production capacity to produce more than 20,000 battery packs per year. The proposed facility in Ohio would replicate this facility. CODA will be the majority and control shareholder of the U.S. venture. Over the weekend, U.S. Secretary of Commerce
"With the help of our global family of partners, CODA's innovative
"The competition for this project between states was intense, and Ohio was not even under consideration by CODA at first. But when we learned about CODA's innovative product, we made the case for them to invest in Ohio because of our skilled workers, world-class manufacturing infrastructure and competitive business environment," said Governor Ted Strickland of Ohio. "I want to thank CODA, Senator Brown and all of our partners whose work was integral to making this project a reality. I believe that Ohio can lead the automotive industry into the 21st century, and together, we are committed to rebuilding our economy and creating good jobs for hard-working Ohioans."
"Together with our public and private partners in Columbus, we worked to recruit CODA to the City of Columbus," said Mayor Michael B. Coleman. "CODA represents not only high quality employment opportunities and investment, but movement towards advancing our goals for a 21st century economy and a greener world. It also represents an opportunity for Columbus to be the epicenter of a new generation of electrification ecosystems. This project represents the type of innovation and jobs that we will aggressively pursue and continue to attract to the City of Columbus."
"While there are still many hurdles to pass before this project is finalized, CODA's selection of Columbus and Ohio is an important milestone that speaks volumes about our community and its public-private collaboration," said Alex Fischer, President & CEO, The Columbus Partnership. "This can be a transformational project for our community as we leverage clean manufacturing into the future."
"In addition to reducing our dependence on oil, the electrification movement will reconnect American innovation with manufacturing," said Steven "Mac" Heller, Co-Chairman, CODA. "We are hopeful that the federal government will recognize the potential this facility has with respect to strengthening the Ohio economy and ushering-in a new era of electric transportation that will create millions of sustainable jobs
About CODA: Headquartered in Santa