jimtaylor

Latest

  • Fred Prouser / Reuters

    BMW's EV tech is being used to resurrect the Karma

    by 
    Timothy J. Seppala
    Timothy J. Seppala
    04.25.2016

    Saying that luxury electric-vehicle manufacturer Fisker was beleaguered before its demise a few years back would be a gross understatement. But despite the cars self-immolating and Tesla CEO Elon Musk criticizing everything but the Karma's design, a Chinese auto parts manufacturer is resurrecting the brand under a different name: "Revero." That's according to a report from Wall Street Journal. Wanxiang Group is moving production to EV-hotbed California from Finland and will unveil its new ride either in July or August, but pricing hasn't been announced yet. The previous Karma sold for $100,000.