Karma is back! The Fisker Karma, that is.
Fisker Automotive’s electric vehicle boasted cutting edge design, but couldn’t overcome production and quality issues that sucked up millions of dollars and led to its demise. Enter Chinese auto supplier Wanxiang, which bought the company out of bankruptcy a few months ago and is looking to resurrect the plug-in hybrid similar to the Chevy Volt by the middle of next year.
According to Fisker’s interim president, Tim Brown, the Karma will back next year with two siblings not far behind: the Surf, a $100,000 station wagon-like version of the Karma and the Atlantic, a smaller sedan that was originally stated to be the follow up to the Karma at about $50,000. (more…)