It’s been almost four years since production of the Fisker Karma stalled after the automaker filed bankruptcy. Now, production of the Karma will reportedly restart sometime this year at a new plant in Southern California. The company has been rebranded Karma Automotive, and new Chinese owner Wanxiang has reportedly signed an 11-year lease for a new building in Moreno Valley, CA that is estimated to be worth $30 million.
Instead of repurposing an old assembly facility, like Tesla did, Karma Automotive’s new building measures approximately 555,670-square-foot and will employ an estimated 150 employees. Prior to filing for bankruptcy, Fisker produced all of the Karma sedans under contract by Valmet Automotive in Finland. General Motors did buy a plant in Delaware in 2009 for Fisker production, but those plans were also killed by the bankruptcy.
Now that production is expected to resume this year, the attention now focuses on what updates the Karma may receive. The original debuted as a concept back in 2008 and when it arrived in 2012, the Karma was plagued with quality issues. Karma Automotive’s new owner, Wanxiang has reportedly identified 250 “bugs” in the design that need to be addressed before production of the Karma can resume. Wanxiang also has to decide who is going to supply the batteries for the Karma, since Fisker’s previous supplier, A123 Systems, also filed for bankruptcy. Fortunately both companies are now owned by Wanxiang.
Via: Green Car Reports