23 Nov '15, 8pm

Karma Automotive Sources EV Parts From BMW https://t.co/KJeGqFSkqr

Karma Automotive and BMW have joined together under a new agreement, where BMW will supply some parts for Karma’s upcoming plug-in vehicle. Karma Automotive is working to launch its first model late next year. The plug-in hybrid, tentatively named the Elux, is expected to emerge with high-end accoutrements and a price tag near $115,000. The partnership with BMW will help save Karma research and development expenses, as well as time in the pre-production phase. Financial details of the agreement have not been released, but Karma did say that BMW will be supplying its “latest powertrain components, including high voltage battery charging systems and a wide range of hybrid and EV systems.” SEE ALSO: Fisker Automotive Re-Brands As Karma Automotive With New Hybrid For 2016 “Carmakers buy parts from other carmakers, especially in expensive areas like powertrain technology,” said...

Full article: http://www.hybridcars.com/karma-automotive-sources-ev-par...

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