It seems LA is to electric vehicle companies as San Francisco is to solar companies. “We are proud to welcome CODA to Los Angeles — the city that creates and innovates,” said Mayor Villaraigosa. “We see CODA’s move as a boost to our growing clean technology industry in LA and we are thrilled they chose to locate in our City.”CODA Holdings, a leading developer of all-electric vehicles and advanced battery systems, just recently held the grand opening celebration of its 100,000 square foot global headquarters, R&D Division and Processing Center in the heart of Los Angeles. In addition, the City has named the road adjoining joining CODA’s headquarters “Electric Drive” to honor of CODA’s core technology. “We chose to place the global headquarters in Los Angeles not only because it is one of the most significant early markets for the deployment of electric vehicles, but because elected officials and business leaders have demonstrated their commitment to fostering a successful local cleantech industry,” said Phil Murtaugh, CEO, CODA Holdings. “We are excited about the many jobs we’ve already created for the area and look forward to many more as we expand and bring to market our all-electric sedan and energy storage products.” Just recently Mayor Antonio Villaraigosa welcomed BYD who opened their North American headquarters in downtown Los Angeles.