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Karma Automotive is an American luxury electric vehicle manufacturer that was founded in 2014. It is headquartered in Irvine, California, and has manufacturing facilities in Moreno Valley, California. The company was formerly known as Fisker Automotive, but it was renamed Karma Automotive after it was purchased by Chinese auto parts giant Wanxiang Group in 2014.

Karma Automotive’s roots go back to 2007, when Henrik Fisker founded Fisker Automotive. The company unveiled its first vehicle, the Fisker Karma, at the 2008 North American International Auto Show. The Karma was a luxury plug-in hybrid electric vehicle that featured a sleek, sporty design and a range of 50 miles on battery power alone. The Karma went into production in 2011, but production was suspended in 2012 after battery supplier A123 Systems filed for bankruptcy. The company was later purchased by Wanxiang Group, which renamed it Karma Automotive and resumed production of the Karma.

Karma Automotive’s current lineup includes the Revero GT, which is an updated version of the Fisker Karma, and the Revero GTS, which is a higher-performance version of the Revero GT. Both vehicles are powered by a gasoline-electric hybrid drivetrain that provides a range of over 300 miles.

In the future, Karma Automotive plans to expand its lineup to include a fully electric vehicle, which is expected to be unveiled in 2021. The company is also developing new technologies, including a solid-state battery technology that promises to offer longer range, faster charging times, and better durability than current lithium-ion batteries. Karma Automotive also plans to expand its presence in China, where it sees significant growth potential for luxury electric vehicles.

Overall, Karma Automotive is a young company with ambitious plans for the future. With its focus on luxury electric vehicles and innovative technologies, it aims to compete with established players in the automotive industry and carve out a niche for itself in the rapidly growing market for electric vehicles.