Report: Jump into Fisker’s grave and you may find…nothing

Sold completely to the Chinese Wanxiang group earlier this month for an additional $149,000,000, (on top of what they already paid) Fisker may not be worth much, but the new owner is looking to change that. In an interview with Reuters, the group’s CEO said “Obviously we want to sell more than what Fisker sold before under its previous management. We would like to restart Karma production within a year.”

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Check out more news on the Fisker Karma.

Production of the cars would likely occur in an ex-GM plant in Delaware and/or a plant in Michigan. Though the company sold 1,800 units in its last year of life, Wanxiang is looking to take a bigger bite out of the EV market, especially in China, where over 22 million new cars change hands every year. Before Fisker’s first demise, plans were afoot to build a lower end sedan called the Atlantic, which still may happen and will likely take place at the Delaware plant.

 -By: Sawyer Sutton

Source: MotorTrend