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Californian EV maker Coda files for bankruptcy

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Californian EV maker Coda files for bankruptcy

The California-based assembler of the Chinese-made Coda electric car has filed bankruptcy. Coda Holdings, Inc. filed a voluntary petition for Chapter 11 bankruptcy protection with the District of Delaware overnight, which is intended to enable the company to find a new buyer and develop a new business plan for the restructured entity...

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