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John Mahoney14 Nov 2015
NEWS

Fisker Karma to live on with BMW power

Karma to be re-engineered with BMW engines and transmissions as part of new deal with German car-maker

Karma Automotive, the new brand that bought the rights to build the car formerly known as the Fisker Karma, has announced that all its vehicles will soon be powered by BMW powertrain components.

Details of the new deal remain scarce, but it’s thought that, in the future, all Karmas will come with battery packs, petrol engines and electric motors from vehicles like the i3 and i8 hybrids as well as, possibly, the recently launched ActiveHybrid versions of the 3-Series, 5-Series and X5 and 7-Series.

The Karma originally started life using lithium ion batteries and hybrid technology developed by the fledgling car-maker, plus a GM-sourced 2.0-litre turbo that acted as a generator.

Founded by Danish car-designer Henrik Fisker, the car company that carries his name ran out of money just fours year after launch in June 2011 after burning through an incredible $1.9 billion-worth of private and public funding.

It’s been reported by newswire, Reuters, that from 2011 to 2012 Fisker made 2450 Karmas but lost almost $48,000 on each car as development costs, last-minute design changes and costly engineering fixes by far outweighed profit.

Originally, the US-based car-maker hoped to build 15,000 Karmas a year.

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