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Fisker Becomes Karma Automotive, To Relaunch In 2016

Green Car Reports

Henrik Fisker hasn't been involved with his namesake company since before it declared bankruptcy in 2013. But Fisker Automotive has continued to bear his name since being purchased by Chinese automotive supplier Wanxiang.

Karma 60
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A123 Systems in non-binding MoU with Wanxiang for strategic investment of up to $450M; Wanxiang would own up to 80% of A123 common stock

Green Car Congress

Wanxiang Group Corporation and its related companies have more than $13 billion in revenue and more than 45,000 employees across its global businesses in equipment and automotive parts manufacturing, clean energy, financial services, agricultural products, natural resources and real estate, among others. million, product revenue was $11.5

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