27 Dec '16, 2pm

Karma gets approval to build electric cars in China

Karma gets approval to build electric cars in China

Stephen Edelstein Dec 27, 2016 2017 Karma Revero Enlarge Photo The original production run of the Fisker Karma luxury sedan was contracted to Valmet Automotive in Finland. But as the Karma Revero, the car will now be built at a new facility in California. Karma, which was created when Chinese auto-parts giant Wanxiang purchased the remains of bankrupt Fisker Automotive, plans to handle production itself. DON'T MISS: 2017 Karma Revero (nee Fisker) launch: updates, new infotainment It may even expand production to its parent company's home country, according to one report. Wanxiang recently received approval from regulators to build a Chinese factory with capacity for 50,000 electric cars per year , according to Reuters. The supplier was one of six companies that recently received approval from the National Development and Reform Commission—China's main economic and industri...

Full article: http://www.greencarreports.com/news/1108009_karma-gets-ap...

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