• Karma logo

    Karma

  • Category:
    Sports Cars
  • Since:
    2015
  • HQ:
    United States
  • Overview:
    Karma Automotive is a U.S. automaker owned by Chinese autoparts company Wanxiang Group, and based in Costa Mesa, California. The purchase excluded the Fisker brand and trademarks owned by Henrik Fisker. In 2007, Fisker Automotive was founded by Henrik Fisker and his business partner Bernhard Koehler. Its Fisker Karma plug-in hybrid sports sedan debuted in 2011, and about 2,000 of the vehicles were sold. After Fisker's battery supplier A123 Systems filed for bankruptcy after two battery recalls, Fisker Automotive could not continue making vehicles, and the company declared bankruptcy in February 2014. Wanxiang also purchased A123 following its bankruptcy declaration.

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