Fisker reborn as The New Fisker: China’s Wanxiang Group strategies to restart manufacturing of the Karma and create Atlantic sedan

China’;s Wanxiang Group ideas to restart production of the Karma, develop Atlantic sedan



The assets of Fisker might now belong to China’;s auto elements giant Wanxiang, but reports of the brand’;s demise have been significantly exaggerated. It was earlier believed that along with the engineering and the debt that Wanxiang would be taking on, 1 point they wouldn’;t get is the Fisker brand name itself. Right after all, in the reasonably quick historical past of struggling western automotive brand names that have been purchased up by Chinese automakers, brand names have not usually been component of the deal. The company itself was founded by ex-Aston Martin designer Henrik Fisker 7 many years in the past. But it looks the Fisker name will live on.

The firm is now referred to as The New Fisker, and a new internet site is up promising… quite a good deal truly.

1st off, The New Fisker programs to restart production of the Karma electric sedan, which has been in manufacturing in Valmet, Finland, until finally just a couple years ago. Second, the firm desires to restart improvement of the smaller Atlantic sedan, which we saw at the 2012 New York Car Demonstrate. Third, the Surf shooting brake and the Sunset convertible would see a return to growth as well.

The company plans to restart Karma manufacturing “as soon as attainable” though it is unclear whether or not it will get area in Delaware, or what will be done with the remaining assets at the Delaware plant.

Production of the Karma halted in November 2012 after about 1,800 units had been offered. Priced at $ 102,000, the Karma is a plug-in hybrid electrical car that boasted a combined 52 mpg-e in all-electrical mode, and 24 mpg in gasoline mode. The Karma employed 2 161-hp electrical motors sourcing power from a 20.one kWh lithium ion battery manufactured by Fisker Automotive’;s subsidiary, A123 Systems, which Wanxiang also acquired. Issues with the battery packs in a little number of automobiles led to a recall, but not prior to the PR damage was accomplished — a Karma unexpectedly shut down while becoming tested by Customer Reports and had to be towed away.

We’;ll hold on eye on The New Fisker, relaying you the news as it comes, but for now it appears the new firm has no shortage of ambitious plans for the long term. If only a fraction of them come true in the quick phrase, it’;ll be an impressive rebirth for the troubled organization.

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