Karma Automotive

10 'Karma' stories August 2015 - October 2023

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Karma Automotive is the rebranded Fisker Automotive after the Wanxiang Group bought the company out of bankruptcy.

The automaker has relaunched the Fisker Karma plug-in hybrid sedan under the new name: Revero.

Karma reemerges from obscurity, teasing world debut of an entirely new EV portfolio coming in 2024

Scooter Doll Oct 5 2023 - 10:17 am PT

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California-based EV automaker Karma Automotive is looking to claw itself back from irrelevance in a fast-paced industry that has hockey-sticked upward in innovation without it. Following an aggressive strategy under a new president, Karma intends to introduce an entirely new EV portfolio next month, including its first super coupe. Here’s what we know so far.

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Karma Automotive will produce B-ON’s eLCVs for US, Canada, and Latin America

Scooter Doll Feb 8 2023 - 9:42 am PT

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EV automaker Karma Automotive is further focusing its production strategy to support commercial EVs, more specifically B-ON, under a new manufacturing partnership announced this week. Karma will begin production this year at its ISO-certified facility in California with the capability to produce up to 30,000 electric vehicles annually with the intent to expand from there to meet the demand for B-ON’s vehicles.

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Karma expands to commercial electrification with ‘Powered by Karma’ B2B strategy

Scooter Doll Aug 30 2021 - 3:32 pm PT

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EV manufacturer Karma Automotive announced a new Business to Business (B2B) electrification program called “Powered by Karma” to help commercial operators electrify their fleets more quickly. The additional brand designation was announced during the 2021 ACT Expo in Southern California, where the automaker is showcasing two modular electrification projects.

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Fisker says he is bringing to market a new electric car w/ 400 miles of range using supercapacitors

Fred Lambert Oct 4 2016 - 9:21 am PT

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Fisker Karma

We all know how it ended the first time car designer Henrik Fisker started a namesake company. Fisker Automotive went bankrupt in 2012 after taking hundreds of millions in loans from the US government and failing to deliver its plug-in hybrid vehicle in volume reliably.

The company and its battery supplier, A123 Systems, have since been bought by a Chinese conglomerate and relaunched under the name Karma Automotive. We recently reported on the company relaunching Fisker’s flagship vehicle, the Karma, under the new name ‘Revero’.

Now that the company is not using the name ‘Fisker’ anymore, Henrik decided to launch again a namesake company: Fisker, Inc, as well as a battery tech division: ‘Fisker Nanotech’.
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Karma says ‘we’re in Tesla’s court’ with new Revero: $115,000 price tag and 50 miles all-electric range

Fred Lambert Aug 12 2016 - 10:25 am PT

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Karma revero

Karma Automotive had an “online unveiling” for its new Revero, a sedan based on the defunct Fisker Karma, yesterday. While the reveal didn’t disclose much in term of specs, company officials have since been talking to the media and they revealed a few new details.

Chief Revenue Officer Jim Taylor said that the Revero should cost a little more than the original Fisker Karma. It should come at just over $115,000.
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Karma Automotive (formerly Fisker) hires Tesla’s lead interior designer

Fred Lambert Apr 26 2016 - 7:11 am PT

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Fisker-karma-hybrid

It appears there could be a change of pace in Tesla’s interior design team. While we recently reported that the automaker hired the lead designer behind the Porsche Mission E’s interior, we now learn that now two senior designers from Tesla’s interior team have left the company since the beginning of the year and that the latest to leave just joined competitor Karma Automotive this week.

Patrick Grimmel, Senior Interior Designer at Tesla from 2011 to 2016, left the automaker earlier this year to go back to freelancing, and Andre Franco Luis, Lead Interior Designer at Tesla from 2011 to 2016, left last month and now we learn that he joined Karma Automotive, formerly known as Fisker Automotive, as Interior Design Manager.
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The new 2017 Karma will reportedly be very similar to the 2012 Karma

Fred Lambert Mar 31 2016 - 9:01 am PT

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Fisker-karma-hybrid

A report from Fisker Buzz (via Autoblog) suggests that the upcoming 2017 Karma, born out of bankrupt Fisker Automotive’s assets, will be very similar to the 2012 Fisker Karma, which is fairly disappointing after about 5 years.

Unsurprisingly, the design will be very similar, but design was never the Karma’s problem. What is particularly disappointing is that it will have the same 2.0-liter hybrid electric powertrain with about 33 miles of all-electric range and 240 miles total range, according to the report.
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BMW to supply electric and hybrid powertrains to Karma Automotive (formerly Fisker)

Fred Lambert Nov 12 2015 - 11:06 am PT

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BMW i8 powertrain Fisker Automotive, which recently rebranded as Karma Automotive, announced today the signing of a supply agreement with BMW for electric and hybrid powertrains.

Earlier this summer, the company moved to Riverside, California to set up a manufacturing facility and is now aiming to re-launch its plug-in hybrid vehicle in 2016.
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Fisker Automotive becomes Karma Automotive

Fred Lambert Sep 30 2015 - 5:25 pm PT

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Fisker Automotive announced today a name change to Karma Automotive, as well as a new logo (see above). The company was named after its co-founder and famed car designer, Henrik Fisker. Fisker resigned from the company during financial difficulties in 2013. The company filed for bankruptcy soon after. Then the Wanxiang Group, a Chinese auto parts conglomerate, bought the company’s assets out of bankruptcy for $149 million. They also picked up A123, a battery maker who at the time was supplying Fisker with battery packs before both companies went under.

Wanxiang has since been trying to relaunch the company and especially its flagship electric sedan, the Karma, hence the new name of the organisation.
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Fisker Automotive is coming to Riverside, where it will build a factory for the new Karma

Fred Lambert Aug 12 2015 - 8:32 am PT

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According to the LA Times, Fisker Automotive inked a deal to lease a 556,000-square-foot industrial building in Riverside County. The 11 year lease is estimated to be worth $30 million and the company is expected to use the facility to manufacture their soon-to-be relaunched flagship vehicle, the electric-hybrid Fisker Karma.
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