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Karma Automotive is a privately owned American luxury electric vehicle company founded in 2014. Headquartered in Irvine , California [ 2 ] with an assembly plant located in Moreno Valley , Karma sells vehicles via its dealer network of locations in North America, Europe, South America, and the Middle East.
Wanxiang Group then transformed the assets of Fisker Automotive into a new company named Karma Automotive, thus launching the Karma Revero plug-in hybrid car based on the Fisker Karma. Henrik Fisker would later start another electric vehicle company named Fisker Inc. in 2016 with the Fisker logo and trademarks. [37]
The Karma Revero is a luxury plug-in hybrid sports sedan manufactured in the United States by Chinese-owned Karma Automotive. It is a revamped version of the Fisker Karma car. The first of the new production, for model year 2017, was released in September 2016.
Production was suspended in 2012 due to the bankruptcy of its battery supplier A123 Systems, [18] after approximately 2,000 of the vehicles had been sold worldwide. [19] In 2014, Fisker Automotive's assets were purchased by Wanxiang Group, which renamed its new company Karma Automotive. Henrik Fisker retained the Fisker trademarks and brand. [20]
The Karma is a range-extended electric vehicle or series hybrid driven by a pair of 120 kW (161 hp) electric motors that receive power from a 20.1 kWh lithium ion battery supplied by A123 Systems and/or an engine powered generator. The battery pack runs down the center of the car, between the pairs of left-hand and right-hand seats, preventing ...
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VLF Automotive is a small American-based automotive company formed in January 2016. It was founded as VL Automotive in 2012 by Bob Lutz and Gilbert Villarreal, then renamed after Henrik Fisker joined the company. GreenTech Automotive merged with VL Automotive in 2014. GreenTech produced few cars, if any. It declared bankruptcy in February 2018.
The company said in court papers that it could restart production in the coming months, estimating that it would sell more than 1,000 Fisker Karma cars in the first 18 months in the U.S. and 500 in Europe. [5] The automotive company was renamed to Karma Automotive, and their car was renamed Revero.
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