The recently reborn Fisker Automotive will formally unveil its revived battery vehicle this coming summer, but both car and carmaker will be carrying a new name.
Now owned by Chinese auto parts company Wanxiang Group, Fisker has now been christened Karma Automotive, picking its name up from the plug-in hybrid vehicle it was building before its 2012 bankruptcy. That battery car will now be known as the Revero.
The original Fisker Karma cost around $110,000, around the same price as a well-equipped version of the current Tesla Model S P85d battery-electric vehicle. The company’s new, California-based management team isn’t saying when the new model will go on sale, nor what it will cost, Chief Marketing Officer Jim Taylor cautioning that, “We are being careful about making promises.” But the goal is to start taking orders over the summer.