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Karma Automotive's next vehicle won't be the Atlantic, a coupe or a convertible, but it will be muscular

It's been a few months since we've gotten an update on what's happening at Karma Automotive. Since the car is here at the Detroit Auto Show, we stopped by and talked to Karma's TIm Oleston about where the company is and what's coming soon. Last fall, Karma was saying that its 550,000-square-foot factory in Moreno Valley, California would be up and running about now. But the timeline has turned into a more vague "some time in 2017," so we'll just have to wait for new about the start of actual production. Karma has run a few pre-production prototypes through the machines, and took 8-10 of them on a tour for prospective buyers in all the cities where the car will be sold (see the list here). On that tour, interested buyers were able to take the cars on test drives. "We wrung these cars out, in all kinds of weather," Oleston said, and none of them had a problem. We expect a spokesperson to give us the positive side of the story, but we'll take him at his word when he says that Karma engineers were expecting lots of problems, and were instead pleasantly surprised. The car itself remains pretty much the same as we're seen before, with 981 foot-pounds of torque and a top speed of about 128 miles an hour. Twenty-two-inch wheels are standard. The whole thing weighs about 5,400 pounds, so it's not going to win awards at the drag strip, but the more rigid chassis makes the Revero an excellent long-distance tourer, Oleston said, saying that he's spent thousands of miles behind the wheel. Oleston said that while the upcoming factory will be able to make more, if Karma sells about 2,000 Reveros, maybe 1,000 of them in the first year, that'd meet the company's expectations. As for the Karma model that's coming after the Revero, it will not be the Atlantic. Oleston said that the designers are working on "quite a few project," including ideas that take the "feline muscularity" of the Revero and crank it up a notch. Other than that, he would only hint at Karma's next model: "It's not a coupe, it's not a convertible. That's all I should say right now." More information will be coming in a few years, he said. The Revero's infotainment is getting a major overhaul. We knew this, and that it will have Android Auto and Apple CarPlay. You can see more in the video below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Karma Automotive to offer Sports and Performance Packages on 2020 Revero GT

Although Karma Automotive is busy working on numerous electric vehicle projects, the company announced this week a new batch of options for its Revero GT plug-in hybrid. On 2020 models, customers will have the choice to upgrade the GT's capabilities and aesthetic with a Sports Package or a Performance Package. The Revero GT, which was originally born as the Fisker Karma back in the day, is a rear-wheel-drive luxury performance sedan with a plug-in hybrid powertrain. It features a 28-kWh nickel-manganese-cobalt lithium-ion battery pack, two electric motors, and a BMW i8-sourced three-cylinder that acts as a generator. Karma says it has 536 horsepower and 550 lb-ft of torque. The Revero GT can run in pure electric mode for 80 miles and has a total range of 360 miles. The Sports and Performance Packages offer the same performance upgrades but with different looks. The Performance package stays undercover with virtually no exterior changes, but the Sports Package adds a little extra style. A Revero GT with the Sports Package will have Borrego Black paint, blacked-out chrome, carbon fiber exterior bits, GTS fender badges, and a monochrome Karma badge, which was previously seen on the SC2 concept car. It will also have red brake calipers, cross drilled rotors, and 22-inch Dune Twist Midnight Chrome wheels. Inside, the GT Sports Package will have carbon fiber trim, a blacked-out steering wheel Karma badge, and a GTS badge on the center console. Regarding the performance upgrades brought by both the Sports and Performance packages, Karma doesn't say much. The Packages bring electronic torque vectoring, and the 0-60-mph time is now 3.9 seconds. Without the package, the Revero GT is capable of 0-60 mph in 4.5 seconds in Sport Mode and 3.9 seconds in Launch Mode. The Revero GT is available now and starts at $146,600, including destination. Related Video:

Fisker stock trades halted as talks with Nissan collapse

Fisker's talks with a large automaker for a potential deal have collapsed, it said on Monday amid growing uncertainty for the cash-strapped startup that last week paused electric-vehicle production.  Trading in the shares of the company, which did not name the automaker with which it was in talks, has been halted pending an announcement.  Fisker also said it will not be able to meet a closing condition related to its attempt to raise up to $150 million in funding by selling convertible notes after missing an interest payment.  Separately, Fisker said it would ask investors to vote on a proposal for a reverse stock split at a shareholder meeting on April 24, as it looks to maintain compliance with the Nasdaq's listing norms.  Reuters had reported earlier this month that Nissan was in advanced talks to invest in the company, however, earlier in the day, the Japanese automaker held an event in which it announced a long-term business plan, including its EV strategy, and said it was looking for partners in the United States.  Raising funds has been hard for loss-making electric vehicle startups, which have little in way of revenue as they struggle to ramp up production and deliver to customers, as the companies battle stiff competition and a tough economy.  The EV startup's shares have cratered this year, losing more than 90% of their value, after it flagged going concern risk in February and paused investments in future projects until it secured a partnership with an automaker.  Fisker pivoted to a dealer-partner model earlier this year, after it delivered less than half of the vehicles it made in 2023 due to logistics issues.    Earnings/Financials Fisker Nissan