SANTA MONICA, Calif., Sep. 14, 2009 /PRNewswire/ -- CODA Automotive™, a California-based electric car and battery company, announced today that it has been chosen by AlwaysOn as one of the GoingGreen Top 100 Private Company Winners (http://alwayson.goingon.com/permalink/post/33354) and was named the Green Automobiles and Transportation category winner. CODA was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

CODA Automotive will be honored at the GoingGreen West opening ceremony on September 14 at Cavallo Point in Sausalito, Calif. This executive event features CEO presentations and high-level debates on the most promising emerging green technologies and new entrepreneurial opportunities. CODA President and CEO, Kevin Czinger, will be speaking about CODA’s 2010 business model and launch plans for its all-electric, zero tailpipe emission car on the “Smart Sustainable Automobiles” panel at 5:00 p.m. on September 15.

“The GoingGreen Top 100 winners have excelled in key strategic areas in the global clean energy technology markets,” said Tony Perkins, founder and CEO of AlwaysOn. “We congratulate them for their success in introducing new tools, services, and systems that are driving the next phase of greentech innovation and transforming the biggest industries on earth.”

CODA’s selection as a category winner is a testament to the company’s innovative business model and forward-thinking mission of reducing carbon emissions by providing all-electric, affordable cars at scale in 2010. The GoingGreen 100 winners were selected from among hundreds of technology companies nominated by investors, bankers, journalists and industry insiders, and the AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2009 list.

About AlwaysOn: AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series and quarterly print “blogozine” by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming.

About CODA Automotive: Headquartered in Santa Monica, Calif., CODA Automotive™ is working to reduce dependence on foreign oil and leading the way to a cleaner future by building 100% electric cars and battery transportation systems. CODA works in a smart, inter-dependent way with highly proficient companies from around the world to quickly and efficiently bring electric drive technology to market, jump start the electric car movement and turn the car industry into a cause industry. Through its exclusive transportation battery joint venture with Lishen Power Battery, CODA is also a leading designer and large-scale manufacturer of power battery systems. The American invented, globally built CODA electric car will be available to consumers in 2010.