Fisker's plug-in hybrid car poised for a return
Chris Woodyard, USA TODAY 5:42 a.m. EDT August 13, 2015
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(Photo: Kevork Djansezian, Getty Images)
The Fisker, a gorgeous plug-in hybrid car, appears poised to return.
A reorganized Fisker Automotive has taken an 11-year lease on a building in Moreno Valley, Calif., east of Los Angeles, where production of the car could begin anew, the Los Angeles Times reports.
This time, however, Fisker is backed by a Chinese company, Wanxiang Group, which picked up Fisker assets out of bankruptcy court after production stopped by 2013 with fewer than 2,500 cars made.
About 150 workers are expected to be part of the project, which would indicate relatively small scale.
Fisker often drew comparisons to Tesla Motors. The two companies started production on large, swept-back sedans about the same time, both with benefit of government loans. But Fisker, founded by auto designer Henrik Fisker, made a plug-in hybrid, not a full electric like Tesla.
The Karma, as the model was known, won attention for its beautiful design. Fisker planned to build a newer, more affordable model called the Atlantic, but the company faltered before he could get it off the ground.