Pankaj37. Fisker Automotive Inc
Headquarters: Anaheim, California
Bought By: Wanxiang
Headquarters: Hangzhou, Zhejiang province, China
Over the past few years, the automotive world has been in a race to produce the best electric vehicles that are both eco friendly and attractive. Fisker Automotive is best known for creating the Fisker Karma, one of the world’s first top of the line plug-in hybrid cars. Despite producing over 2,450 vehicles since 2011, production ground to a halt when their battery supplier went bust.
In 2014, Chinese company Wanxiang Group purchased the design for the Karma, along with the production site in Delaware. Although a lot of the Fisker branding was initially maintained, it was later changed to Karma Automotive in 2016.