Rumours condense around Karma insolvency
Karma Automotive will apparently soon file for Chapter 11 insolvency, meaning a chance for restructuring under court supervision. Several months ago, there were already reports that had raised substantial doubts about the company’s business practices. Weiterlesen
Karma Automotive rumoured to be in deep trouble
With the Revero GTE, Karma Automotive plans to launch its first all-electric car next year and said it would sell the platform to third parties. A US media report is checking the claims a little closer – and claims many of the announcements are simply untrue. Weiterlesen
Karma Automotive’s first BEV to drop in 2021
Karma Automotive has announced its first fully electric production model. The Karma Revero GTE will be available in the USA from spring 2021 and in China and Europe from autumn 2021. Prices for the electric luxury sedan are not yet available. Weiterlesen
Karma unveils autonomous e-van on E-Flex platform
Karma Automotive has introduced a new application of its electrified platform E-Flex, and this time, it is neither a plug-in hybrid nor a sports car but an all-electric van. The demonstrator e-transporter enables level 4 automated driving. Weiterlesen
Upgraded Karma Revero GT PHEV open for order
After Karma Automotive unveiled the plug-in hybrid 2020 Revero GT earlier this year, the company has now announced U.S. pricing will begin at $135,000. Costing $5,000 more than its predecessor, the 2020 Revero GT features a number of updates inside and out. Weiterlesen
Karma reveals next Revero & GT Coupe + EV concept
Karma Automotive has introduced the latest Revero GT, formerly known as Fisker Karma. The now stronger hybrid is slated for launch in the US later this year, followed by Europe in 2020 and China in 2021. Also on show: the Pininfarina GT Coupé and an all-electric roadster concept. Weiterlesen
GM, LG, SolarCity, Karma Automotive, Volkswagen.
GM unveils electrification strategy for China: The Americans will introduce their Chevrolet Malibu XL Hybrid, the Buick LaCrosse Hybrid and Cadillac CT6 Plug-in Hybrid there before the end of the year. And it wants to fully localise battery production by investing in the SAIC-GM joint venture Shanghai assembly plant.
LG parts for the Chevy Bolt: LG has finished setting up a new production line at its plant in Incheon, South Korea, where it will produce components for the all-electric Chevrolet Bolt. The supplier will be responsible for ten key parts, including for the drivetrain and displays.
Green light for SolarCity takeover: The U.S. Federal Trade Commission (FTC) has given the go ahead for Tesla to buy solar panel maker SolarCity for 2.6bn dollars. Following the end of the “go shop” period on September 14th, Tesla will still need the final blessing of stakeholders of both companies and the States Securities and Exchange Commission (SEC).
Karma news: Karma Automotive will move its headquarters to Irvine, California, before the end of the year; the same place, where the manufacturer will also open its first shop. Autocar meanwhile reports, that the Karma Revero won’t arrive in Europe before 2018.
ocregister.com (Irvine), autocar.co.uk (Revero)
Images of VW Crossblue leaked: The seven-seater will look similar to a concept first shown in 2013, while the production car is said to the sit between the Tiguan and Touareg. The Diesel-hybrid will most likely feature two electric motors (one in the front, one in the rear) and a 9.8 kWh battery. It is still not certain when the Crossblue will officially be revealed.