J.D.Power and Associates is a business unit of The McGraw-Hill Companies.About The McGraw-Hill CompaniesFounded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading globalinformation services provider meeting worldwide needs in the financialservices, education and business information markets through leading brandssuch as Standard & Poor’s, McGraw-Hill Education, BusinessWeek and J.D Powerand Associates. The Corporation has more than 280 offices in 40 countries.Sales in 2008 were $6.4 billion. Additional information is available at http:// Power and Associates Media Relations Contacts:John Tews; Troy, Mich.; (248) 312-4119; Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103;No advertising or other promotional use can be made of the information in thisrelease without the express prior written consent of J.D Power andAssociates. Power and AssociatesJohn Tews, +1-248-312-4119, , or Syvetril Perryman,+1-805-418-8103, , both of J.D Power and Associates. Announces Global JV with Lishen to Develop Automotive Grade Battery SystemsSANTA MONICA, Calif., June 3 /PRNewswire/ — Coda Automotive, formed anddeveloped under the stewardship of entrepreneur Miles Rubin (known for hismarketing and sales of low-speed, electric fleet vehicles under the MilesElectric Vehicles brand), today announced that it will be introducing anaffordable, full performance all-electric sedan to the mainstream Californiamarket in 2010.

Scheduled for delivery in the fallof 2010 in California, the four-door, five-passenger, fully-equipped mid-sizeCoda sedan will be available for $45,000 (mid-$30,000s after including a$7,500 Federal tax credit and additional state incentives). Powered by a 333Vlithium-ion battery with a real-world range of 90 to 120 miles depending onindividual driving habits, the Coda sedan travels far enough between chargesto satisfy 94% of daily driving routines. The onboard charger plugs into any110 or 220V standard outlet and completes a full charge in less than six hoursat a 220V service. Charging the battery for a 40-mile commute can be completedin two hours.”The Coda sedan is an all-electric vehicle for everyone,” said Kevin Czinger,President and CEO, Coda Automotive. “It’s a practical revolution for realdrivers who need reliable transportation.”The battery system is the chief enabling technology for electric cars and Codahas established its strategic position in the development andcommercialization of automotive grade battery systems through the jointventure with Lishen. Lishen is one of the world’s largest manufacturers oflithium-ion cells and a key supplier to Apple, Motorola, Samsung and Vodafone,among others. The joint venture’s manufacturing facility is located withinLishen’s existing manufacturing complex in Tianjin, China, thus acceleratingthe company’s ability to commercialize the battery system and bring anall-electric car to the mass market Plans have been made to establishcapacity in the U.S in partnership with a U.S.

battery company.”The uncertainty of battery supply is an issue that plagues many electricvehicle manufacturers today,” explains Czinger. “This long-term agreement hasenabled us to design an integrated battery system with an existing world-classpartner with mass manufacturing capacity. That enables us to rapidlyindustrialize Coda’s power system for commercial volume production and toscale the business. Eventually, we expect to manufacture batteries in theU.S.”Coda’s internal team, along with specialized U.S. and European engineeringpartners, oversee the manufacturing process to ensure that Coda vehicles arebuilt to Western safety specifications and market expectations. This includesvehicle body design, safety engineering, the design and engineering of thebattery pack, battery management system and power electronics, and additionalengineering to integrate an electric vehicle drivetrain (comprised primarilyof Tier 1 U.S.-based supplier components) into the chassis.