Reports indicate Fisker's new Chinese owners aiming for a revival of the range extender electric Karma sports car.
Chinese auto parts supplier Wanxiang plans to offer repurposed Fisker Karma's with V-8 engines capable of bringing the car to 200 mph.
A report by Reuters says that Fisker laid off 160 of its employees this morning, which seems to spell the end for the luxury plug-in hybrid manufacturer.
After stumbling with the Fisker Karma, Fisker Automotive will need to raise more money and execute flawlessly to bring its luxurious, sporty, and electric sedan to production.
Called Project Nina, Fisker Automotive's Atlantic plug-in electric sedan is set for a formal debut tomorrow at a time of questions over how the company will finance manufacturing of the car.
Fisker unveiled its new electric car on April 3 in Manhattan.
Business Insider reports that 16 of Fisker's Karma range-extended electric cars at the Port of Newark were submerged by Hurricane Sandy, and subsequently caught fire.
During the Pebble Beach Concours d'Elegance weekend, we got a chance to drive the Fisker Karma, a car that looks decidedly forward amongst a sea of historic cars.
In Woodside, Calif., the owner of a Fisker Karma hybrid pops into the grocery store. When she emerges again, her car, ma, has gone south and her Karma is in flames.
Fisker Automotive recalls more 2012 Karmas due to an installation defect in the battery compartment.