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Old Fisker Plug-In Returns as Karma Revero

Original owners get first crack at updated PHEV.

by on Aug.12, 2016

The Karma Revero carries over the design of the original Fisker Karma with but a few tweaks.

The name is new, but the look is likely to trigger a sense of déjà vu. More than four years after its original debut – and three years after Fisker Automotive went belly-up – the Karma plug-in hybrid is making its return.

This time, however, it will go by a new name, the Karma Revero, reflecting the fact that there’s also a new owner, the Chinese start-up that purchased what was left of Fisker out of bankruptcy. Eventually, a version of the Revero is expected to be produced in China but, for now, it will be rolling out of a new plant near Newport Beach, California.

Product News!

The new owners have polished up a few exterior details, but, “The vehicle, externally, is largely the same” as the original Fisker Karma, noted Jim Taylor, the long-time General Motors executive who last year joined Karma as its chief revenue officer. “The feedback we got on the original design is that Fisker nailed it.”


Now Chinese-Owned, Fisker Announces its U.S. Return

Plug-in maker will set up small assembly plant in California.

by on Jun.17, 2015

The Fisker Karma boasted a striking design, and that design is about to be seen again as production ramps up in California.

After crashing and burning in a multi-billion-dollar failure, Fisker Automotive is back. More precisely, the now Chinese-owned Fisker Automotive and Technology Group is about to re-launch production of the plug-in hybrid known as the Karma at a new facility in Southern California.

Also known as FATG, the company expects to employ about 150 people at the plant it is setting up in Moreno Valley, not far from its U.S. corporate offices in Costa Mesa.

We Keep You Plugged In!

“FATG believes in the quality, work ethic and competitiveness of manufacturing in the United States,” said James Taylor, Chief Marketing Officer of FATG. “California’s natural beauty, trend setting, technology and environmental focus are perfectly aligned with our Karma re-launch.” (more…)

Sale of Delaware Plant Brings an End to Fisker Saga

Wanxiang affiliate buys former GM facility for $18 million.

by on Mar.25, 2014

Fisker initially attracted the attention of a number of high-profile buyers, including actor Leonardo DiCaprio.

The final chapter on Fisker Automotive closed last week when the sale of the Delaware plant the defunct electric vehicle maker bought to make its second-generation vehicle was sold for $18 million.

The plant was sold for the same amount it was purchase by WX Delaware Real Estate Holding Co., which is a subsidiary of Wanxiang America, Inc., according to USA Today.

Product News!

Wanxiang America, a unit of China’s largest auto parts supplier, won an auction for Fisker in bankruptcy court last month for $149.2 million. It outbid another Chinese company, Hybrid Tech Holdings L.L.C., for the assets. Hybrid bought the Fisker’s loan from the U.S. Department of Energy, hoping to leverage that ownership into getting the entire company. (more…)