Karma Automotive - the company formerly known as Fisker - announced a new partnership with BMW this week. The partnership will see BMW proving Karma with powertrain components moving forward.
Now the full extent of the deal is unknown. But according to the statement released by Karma this week, the deal will include "high voltage battery charging systems and a wide range of hybrid and EV systems."
"The Wanxiang Group is giving Karma Automotive the opportunity to bring a stunning car back to the market, and the partnership with BMW and their outstanding track record is a great fit for the future," said Tom Corcoran, Karma Automotive's CEO.
Karma Automotive is planning to restart production sometime next year.
Source: Karma Automotive
Press Release is on Page 2
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