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.
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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.
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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.
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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.
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