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IPFS News Link • Transportation

First Karma Revero Prototype Built In US Rolls Off California Assembly Line

• insideevs.com

Unfortunately the talk of its qualities quickly shifted to the Karma's historical failure to launch issues, teething problems, and eventually the US Department of Energy's decision to pull its $465 million dollar development loan.

The company went insolvent in November of 2013, however Chinese part-giant Wanxiang bought the Fisker assets in 2014, promising to not only resurrect the Karma, but to do so in the US.

And while the return to production has been a bumpy one, fraught with delays, and even saw the company's name and model switch places (Fisker to Karma, Karma to Revero), in May
Karma's parent Wanxiang made on good on its earlier US production promises, as the first Revero prototype rolled off its Moreno Valley, California assembly line.


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