Coda Unveils All-Electric Sedan: Made in China, Priced from Around $35k in the U.S. - with VIDEO

That's about $15k less than Tesla's estimated price for the larger, faster, better looking and let's not forget, U.S. built, Model S sedan (see pictures and details here).

"The Coda sedan is an all-electric vehicle for everyone," said Kevin Czinger, President and CEO, Coda Automotive. "It's a practical revolution for real drivers who need reliable transportation."

Measuring in at 175-inches or 4,445mm in length, 69-inches or 1,752mm in width and 57.6-inches or 1,463mm in height, the Coda EV is about the same size as the U.S. market Ford Focus Sedan. The California-based importer claims that the EV sedan has been "engineered to be FMVSS complaint", and based on existing crash test results, the company expects a four or five-Star NCAP crash rating.

The Coda EV is equipped with an electric motor that develops an output of 100kW which is the equivalent of 134 horsepower and 300Nm or 221-lbs/ft of torque. The motor is powered by a set of Lithium-ion batteries that are built by China's Tianjin Lishen Battery Joint-Stock Co., Ltd. The EV can accelerate from zero to 60mph (96km/h) in less than 11 seconds while its top speed is electronically limited to 80mph or 130km/h.

According to Coda, the EV sedan has a real-world range of 90 to 120 miles (145-193km) depending on individual driving habits. The car comes with an onboard charger that can be plugged into any 110 or 220V standard outlet and completes a full charge in less than six hours at a 220V service. Coda said that charging the battery for a 40-mile commute can be completed in two hours. The company estimates that it will cost drivers less than $3 on average, to drive the car for 100 miles.

When it goes on sale in California next year, the Coda EV Sedan will come equipped with several standard features including a telematics package, navigation with turn-by-turn directions, a "green screen" that monitors driving efficiency, roadside assistance with an emergency button, a Bluetooth system with an embedded microphone, Sirius radio, iPod dock, MP3/USB connectivity and alloy wheels.