Karma details Revero sales strategy as owner Wanxiang plans electric car factory

 Wanxiang Group, which acquired the assets of plug-in hybrid pioneer Fisker and renamed it Karma Automotive, is planning a large-scale $375 million electric car factory with an output capacity of 50,000 vehicles per year, according to Bloomberg. Meanwhile, Karma Automotive also revealed its distribution model for the Revero plug-in hybrid it plans to release later this year, with a big… Read More