Karma Automotive Links With BMW for Electric Drive Technology

  • $115,000 plug-in hybrid car set to go on sale in late 2016
  • Earlier iteration of company bought gas engine from GM

Electric-car startups have had a tough time surviving, let alone making money. So Karma Automotive, the Chinese-owned company once known as Fisker, is working with BMW AG to get some of the German automaker’s electric drive and charging technology.

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