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Monday, June 22, 2015

The Fisker Karma is Coming Back Soonish



When Fisker debuted the Karma in 2008 at the North American International Auto Show, the world stepped back and was wowed by its gorgeous lines. It really was the first great-looking hybrid available. But after delays, issues with the product, recalls, and repairs, Fisker finally went under in November 2013.
After a brief foreclosure, the company was then bought by Chinese auto-parts conglomerate Wanxiang Group in February 2014. But little has been heard from the hybrid manufacturer since. Now though, Wanxiang Group is getting ready to debut a revamped Karma within the next year or so.


According to the newly renamed Fisker Automotive and Technology Group, or FATG, the company has plans on building a new manufacturing facility within the United States. The factory will most likely be built in Moreno Valley, California, an hour drive from its US headquarters in Costa Mesa.
The newly-formed auto manufacturer promises up to 150 full-time manufacturing jobs at the Moreno Valley facility, and that they want to make this factory as green as possible. While little is still known about the revamped Karma that the company will most likely debut, early reports suggest that the hybrid will return to the market in the middle of next year with a sale price of around $135,000.

That price, of course, is around the same for the top of the line Tesla Model S, which is fully electric. It will be interesting to see if Fisker can finally come back, and also be profitable.