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Karma will build engineering, sales offices near Detroit

Karma Automotive, the successor to the Fisker brand of high-end extended-range plug-in vehicles, appears to be looking to plan its rebirth in the heart (or the lion's den, some would say) of the US vehicle industry. The company, which was acquired out of bankruptcy by China-based Wanxiang in 2014, is planning to build its engineering and sales offices in Troy, Michigan, Automotive News says, citing the Michigan Economic Development Corp. The $3.6-million development will house as many as 150 workers. Karma officially changed its name from Fisker last year, as the Fisker moniker is affiliated with the coach-building company run by Henrik Fisker. The automaker is slated to unveil its new vehicle, called the Revero, by the end of the year. That car is expected to be somewhat similar to the original Karma, including its sleek design, the use of a 2.0-liter engine, and 33-mile all-electric range. No price for the new model, which is expected to remain firmly in the luxury sector, has been disclosed. Karma will receive $450,000 from the Michigan Business Development Program in order to help build the facilities in Troy. Karma also has a 556,000-square-foot vehicle-assembly plant in Moreno Valley, CA, about 65 miles east of Los Angeles. The former Fisker Automotive, which had been based in Orange County, CA, was founded in 2007. The company had plans to make a second model called the Atlantic, and once estimated that it could make 100,000 vehicles a year. FisKer Automotive produced its $100,000-plus vehicles until 2012 before going bankrupt. Wanxiang acquired Fisker for $149.2 million, beating out Hong Kong-based Hybrid Tech Holdings in an extensive bidding war. Related Video: Featured Gallery 2012 Fisker Karma: Second Drive View 30 Photos News Source: Automotive News-sub.req. via Crain's Detroit Business Green Fisker Electric Detroit Michigan karma karma automotive revero

Fisker Pear electric hatchback teased, promises $29,900 price

Here is our first good look at a new model from Fisker called “Pear.” Yes, that is Pear like the fruit, so itÂ’s apt that the teaser image is mostly shades of green. Explicit details on the Fisker Pear are few, but the company gave us a couple things to chew on. For one, Fisker is promising a base price below $29,900, and this is prior to federal or state EV tax credit incentives. ItÂ’s to be built on a “new proprietary architecture,” so donÂ’t expect it to share much with the big Ocean SUV CEO Henrik Fisker said that the little hatchback will feature “new lighting and a wraparound front windscreen inspired by a glider plane glass canopy.” We can get a small sense of what the car will generally look like from the single teaser image released by Fisker. While the company claims this vehicle wonÂ’t fit into any existing segment, it sure looks like a compact hatchback to us. Though, we suppose, it's also possible it literally looks like a pear. The beefy fenders give it a decidedly sporty flair, and the large wheels and mesh front grille only add to the effect. Its scatter-shot lighting running the length of the front end does indeed look different from anything else out there, and the same can be said for its strangely curved A-pillar. This concept (or whatever it is) is also sporting camera sideview mirrors. If U.S. regulations are changed to allow those, then theyÂ’d be a possibility. Otherwise, Fisker will need to swap those out for some traditional mirrors before production. Fisker has high hopes on the production front, too. It plans to produce the Pear at the now Foxconn-owned factory in Lordstown, Ohio. Once production ramps up, Fisker predicts it will be able to produce a minimum of 250,000 Pears per year, an extremely ambitious goal. Whether demand exists for 250,000 small EVs per year from Fisker is a question we may see answered this decade, as Fisker says the Pear will enter production in Lordstown in 2024. As for the future, Fisker (the man) says the PearÂ’s platform will underpin two additional Fisker (the car) models, but says details will come at a later date. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Fisker becomes Karma Automotive

Meet the new boss. It's not the same as the old boss. This is the new Fisker Automotive, which has just changed its name to Karma Automotive. The new Karma Automotive says that this name has always been a part of the brand. On the company's new website (which you can access from either the new karmaautomotive.com URL or the previous URL, thenewfisker.com), it says that, "It's a name that respects our past, while simultaneously reinventing our future." That future theme is splashed across the new site. Here's more from the "Why Karma?" section: "We don't have to do things as anyone has done them before. What's important is that we act with intention." As for the company's new logo, there's a hidden message. The new emblem has, "An imperfect ring, representing constant effort towards unattainable perfection, encircling the earth. With a spark of sun, the eternal symbol of endlessly renewable energy. Inner cut lines represent our three brand priorities." Those priorities are to be beautiful, clean, and memorable. Of course. As we learned back in 2014, the logo for Fisker Automotive was the property of Fisker Coachbuild, LLC, and was used under license by Fisker Automotive. As longtime Fisker fans likely know, the original logo represented co-founders Henrik Fisker and Bernhard Koehler standing on the shore of the Pacific Ocean. Henrik Fisker is not involved with the current owner of the Fisker brand, Wanxiang, so the name change makes sense. It was previously rumored that Wanxiang would drop the Fisker name in favor of Elux. Turns out, only half of that rumor appears to be true. The relaunched plug-in hybrid might start production in the middle of 2016. Fisker Automotive Reveals New Name And Logo Karma Automotive - honors iconic design and communicates future direction COSTA MESA, Calif., Sept. 30, 2015 /PRNewswire/ -- Fisker Automotive and Technology Group announced a name change today to Karma Automotive. The company also launched its new website, including a video that reveals its new logo at karmaautomotive.com. "With new ownership, a new management team, and a new production site, all here in California, it was time to communicate change," said James Taylor, Karma's Chief Marketing Officer. "Karma" was chosen because it is relevant to both the old and new brands, while providing an aspirational message which embodies the company's purpose. "Karma is based on the principle of cause and effect, where your actions create your future.