Wanxiang Gets Final Approval To Build Karma Revero/Atlantic Plug-In Hybrid In China

3 months ago by Eric Loveday 18

2017 Karma Revero

2017 Karma Revero

Wanxiang Group, the auto parts supplier that purchased Fisker Automotive’s asset (now called Karma Automotive) some three years ago, has finally been granted approval to build its vehicles in China.

2017 Karma Revero Interior

2017 Karma Revero Interior

As part of the purchase agreement, Wanxiang must still manufacture some vehicles (Reveros) in the U.S., but with this approval to build in China, it now seems more and more likely that the bulk of production for Fisker will be overseas.

Officially, manufacturing of the $130,000 Revero is already underway in the U.S., but these are mostly hand built vehicles and production volume is extremely low.  First deliveries of the re-born Fisker Karma start in Q1 of 2017, and some ~900 deliveries are targeted for the first year of sales.

The approval to build in China opens the door for some Revero production to be shifted there, as well as for all production of the long-awaited Atlantic (a smaller/~half priced version of the Revero if you will) to take place in China.

Automotive News adds:

“According to a notice on Friday on the website of the National Development and Reform Commission, China’s top economic and industrial planner, Wanxiang has the green light to build a factory with capacity to produce 50,000 electric cars a year.”

“The move means the former Fisker Automotive, which was founded in part with a U.S. government loan and ceased production of its $100,000 plug-in electric hybrid sports cars in 2012 after a series of technical glitches and cost overruns, continues to survive under Chinese ownership after Wanxiang gave it a second life.”

Out of those 50,000 vehicles produced annually, the break down was previously stated to be 39,000 Atlantics per year and 11,000 Reveros. The Atlantic is still several years away from production though, so actual annual Revero output in China could in theory be as high as 50,000 right out of the gate if demand warranted.

Source: Automotive News

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20 responses to "Wanxiang Gets Final Approval To Build Karma Revero/Atlantic Plug-In Hybrid In China"

  1. jimijonjack says:

    These guys have tooooo much Money and nothing to Do!!!! They are Very Bored and are Re-Hashing an old Idea that has already been a “PROVEN FAILURE”…Mark my words, “They’re Beating a “DEAD HORSE”

    1. Yogurt says:

      The idea was not a proven failure the batteries and build quality were…
      There is plenty of room for PHEV and this car is still the beat looking green car out there despite its design being upwards of 10 years old…

    2. JustWilliamPDX says:

      Your words have been marked, but as specious opinion and nothing more. If three years of debugging and refinement are successful, the Chinese market alone can easily absorb 50,000 units of desperately needed PHEVs, subsidized and supported by their government.

  2. ffbj says:

    Strike while the iron is hot, and China has got to adopt less polluting vehicles and like yesterday. After 3 weeks of air pollution emergencies, the natives are getting restless.

    1. Mister G says:

      Unfortunately air pollution needs to be as bad as China before US citizens become restless and take EV technology seriously.

  3. SJC says:

    Offer a PHEV and BEV, let the market decide.

    1. speculawyer says:

      I still maintain that there are good strong markets for BOTH BEVs and PHEVs.

      BEVs: Are great for high-performance and low maintenance as Tesla has shown. The only problem is that to get a decent range, they are still expensive. But the Bolt and Model 3 may change that.

      PHEVs: Offer a great way for people to slash their gasoline costs without giving up ANY of the advantages of having an ICE. The Volt is a GREAT PHEV. And since batteries are still expensive, I think PHEVs are going to be the way to electrify larger vehicles like SUVs, pick-ups, and minivans. This is still a largely untapped market in the USA (Japan/Europe have the Mitsubishi Outlander PHEV). The Chrysler Pacifica PHEV could be break out-het.

      The Fisker Karma PHEV? It is DOA, IMHO. If you are going to make a high-end sports sedan, Tesla has shown that the way to do it is with batteries alone.

    2. Nix says:

      Right now, the majority of pure EV owners in the US back up their pure EV with some sort of gas engine in the household.

      Mostly because all of us EV enthusiasts all told them that there was no problem with owning one EV in most typical US households, because they could either use their gas car or rent a gas car for long trips. Or that the car maker offered some gas car loaners.

      So if you are going to have some sort of gas car back up your BEV, why not a PHEV?

      PHEV’s and BEV’s actually work very well together in typical US 2+ car households, each bringing out the best of each other’s capabilities, while reducing the downsides of each vehicle. The BEV can be used for the longest commute in the household, while the PHEV can be used for road trips — avoiding the need to buy a long range BEV just to cart around a huge battery every day that is only used for longer road trips.

  4. Chris O says:

    Definitely a bad case of dead horse beating going on here. Now if they had focused on the convertible version Fisker had in might for this car…

    http://ultimatecarpage.com/pic/4006/Fisker-Karma-Sunset-Concept_2.html

    …that looks like something people may still be interested in!

    1. speculawyer says:

      I agree. Even if they fixed all the bugs that the Karma had, it would still be a flop relative to the Tesla Model S.

    2. floydboy says:

      Dead horses CAN come back! I saw it in the Ghost Rider movie!

      1. Chris O says:

        It takes a lot of horse whispering though…

    3. SJC says:

      The four door sports car is a rare breed. Tesla S is not really that and the roadster is not either. PHEV/BEV versions could sell, not a lot but that may be fine with them.

  5. Nix says:

    An Audi A4/A5 size car with a 4-cyl BMW engine and ~30 miles of pure EV range? Hell yea!

    Enough range for around 10,000 miles in pure EV mode (depending on the driver of course) when charged at home, and 20,000 miles when charged at home and work. What is there to complain about?

    The power of a 4-cyl BMW + electric.

    And if it is really A4/A5 size, all the rear seat space that Volt haters complain about not being in the Volt.

    http://autoweek.com/article/green-cars/never-built-fisker-atlantic-will-be-revived-report-says

    1. Nix says:

      Oops, math error. ~10K charge at home, ~17K charge at home+work.

      I forgot weekends and vacations…

  6. Pushmi-Pullyu says:

    I’m surprised to see all the negative comments here. Karma is no Faraday Future!

    Karma claims to have made significant changes to the car to improve engineering and build quality; see details in article linked below. Of course, those claims are from those whose salaries depend on the car succeeding, but surely they have made at least some improvements over the original Fisker Karma. And it certainly wasn’t Fisker’s fault that the A123 batteries used in the original Karma had an undetected defect. That, at least, we can be sure is a problem which this new car won’t have.

    I can’t say I agree that the styling looks outdated. In my opinion, this isn’t any more “outdated” than the Tesla Model S, which is still one of the best-looking cars on the road today. Of course, “Your mileage may vary”.

    One thing that will make Karma’s re-entry into the market an even steeper climb than it was the first time around, is a significant increase in competition. Several new startups and/or new models from existing auto makers are all aiming for the “more expensive than a Model S” PEV (Plug-in EV) market segment, and the BMW i8 is already there.

    But I say, give Karma a chance. Who knows? After the company’s previous failure, maybe they’ve earned some… good karma.

    http://www.wikipediatrade.com/2017-karma-revero/

  7. Rick says:

    Karma has a legit chances to succeed. The first version was rushed to market due to the Fox News pressure put on DOE. If they would have been given 6-12 months to complete the original car it would probably had been a success. But that’s all history. Now they are well funded and they are in no rush to bring the new car to market. Wangxiang doesn’t depend on the success of Karma.

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