Karma Automotive Renames Updated Electric Car, Moves Production to U.S.

Karma Automotive is working to complete development of a luxury electric car that it plans to formally unveil this summer with a new battery and charger and electrical controls.The company, formerly called Fisker Automotive, renamed the vehicle to avoid association with its troubled predecessor, which went out of production in 2012 after money-troubles and a recall triggered a sale of the business in bankruptcy court.

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http://www.wsj.com/articles/karma-automotive-renames-updated-electric-car-moves-production-to-u-s-1461615430

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Author: autobuzzer

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