11 Feb '13, 6am

Fisker Says It Will Resume Karma Production 'Fairly Soon'

Fisker Says It Will Resume Karma Production 'Fairly Soon'

Some people watching Fisker Automotive have predicted the company will not survive, especially since it was revealed it has stopped Karma production and its battery supplier filed for bankruptcy in October, but assembly is reportedly due to resume. Last week, company co-founder Henrik Fisker told reporters production will begin again “fairly soon.” He gave no exact date for this, but confirmed recent reports Fisker is in talks with the Chinese buyer of A123 System’s business assets, auto parts giant, Wanxiang Group Co. “We are negotiating with them,” Henrik Fisker said of Wanxiang and A123 in response to a question about Fisker again receiving batteries. As for the A123 sale, last month, Wanxiang was approved to purchase most of A123’s assets by the U.S. Committee on Foreign Investment. The federal oversight was deemed necessary due to national security concerns. Henrik Fi...

Full article: http://www.hybridcars.com/fisker-says-it-will-resume-karm...

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