Karma Automotive to source EV tech from BMW
Formerly known as Fisker, the company aims to bring the resurrected Karma to showrooms by late 2016.
Karma Automotive has reportedly established a supply agreement with BMW for electric drivetrain components.
Formerly known as Fisker and now owned by China's Wanxiang Group, the company is still working to bring the Karma plug-in hybrid sedan back onto the market.
The last Karma rolled off the assembly line three years ago ahead of Fisker Automotive's bankruptcy proceedings. It paired a 2.0-liter turbocharged inline-four engine with two electric motors and a 20-kWh battery, providing an all-electric range of 32 miles.
The resurrected model is expected to share the same exterior design, but with a revamped hybrid drivetrain. A new gasoline engine, electric motors and battery are expected to be added.
Karma Automotive looked to BMW for electric drive components and charging technology, according to a Bloomberg report. Further talks could lead to additional BMW-produced components in the production car.
The company is said to be targeting an all-electric range of 50 miles, or 350 miles on a single tank of gasoline. It is unclear if the fledgling automaker is on schedule to begin building the first production units by late next year.