2023 Fisker Ocean on 2040-cars

Auto blog

2017 Karma Revero starts at $130,000, and more new details about the reborn Fisker

It was not obvious that the eyes of the automotive world would focus on Huntington Beach, California today for the launch (sort of a relaunch) of the Karma Revero. The unlikely rebirth of the Fisker Karma has taken a long while, and you'll be forgiven if you thought that Fisker's bankruptcy filing in 2013 signaled the end of the swoopy plug-in hybrid. Sure, at the time there was talk of the Karma returning some day, but in the era of plug-in vehicle pioneers like Aptera, Bright Automotive, and Phoenix Motorcars fading away in the figurative pages of Chapter 11 filings, who really thought it would happen? Wanxiang, that's who. Based in China, Wanxiang bought the rights to the Fisker assests back in February 2014 for $149.2 million. As we learned today in Huntington Beach, there were only 22 Fisker employees left at that time. A year later, in March 2015, the new Karma Automotive had 203 employees. There were 697 in August 2016 and the plan calls for 967 by the end of 2016. That's just one example of the intentional and dramatic growth that Karma is putting into bringing the Revero to market. Or back to market. Whatever. Here are seven things we learned about the Revero and Karma Automotive. The MSRP will be $130,000. The Fisker Karma started at $103,000, so the Revero's new $130,000 starting price tag is a bit of a jump. Aside from colors, wheels, and calipers, there won't be many options, either. Of course, there's a lot that's new and different about the car, and that costs money, but if you couldn't afford a Fisker, don't bother shopping for a Revero. The gas engine and most of the remains the same, but there have been upgrades. Just like the Fisker, the Revero uses a 260-horsepower, turbocharged four-cylinder engine from General Motors. But on the electrical side, things have gotten better. DC fast-charging at 40 kW is now available and the on-board charger has been upgraded from 3.3 kW to 6.6 kW. The battery is similar (it still uses A123 cells, which isn't a surprise), but the capacity has been increased from 20.4 kWh to 21.4 kWh, which will be good for 50 miles or range. The 0-60 time has been dropped by a second to 5.4 seconds in Sport mode. Nothing has been finalized yet, but apparently Karma expects the EPA fuel efficiency numbers to be roughly the same as before. The infotainment system has been totally redone.

Luxury EV Fisker Emotion revealed at CES 2018 in Las Vegas

Tesla has real competition as Fisker unveils EMotion at CES 2018. EMotion has a range of over 400 miles with a top speed of 161 mph. The luxury EV includes a fast charging feature that gives you 125 miles of range after 9 minutes of charging. For more coverage of CES 2018 head over to https://www.autoblog.com/tag/ces+2018/ CES Fisker Autoblog Minute Videos Original Video electric sedan

Troubled Fisker slashes price of leftover 2023 models

Fisker announced a round of drastic price cuts in a bid to offload its inventory of unsold 2023-model-year cars and hoist itself out of dire financial straits. The only model in its range, an electric crossover called Ocean, will cost up to $24,000 less beginning on March 29, 2024. The company offers three Ocean trim levels called Extreme, Ultra, and Sport, respectively. Updated pricing is as follows. 2023 Ocean Extreme: $37,499 ($24,000 less than before) 2023 Ocean Ultra: $34,999 ($18,000 less than before) 2023 Ocean Sport: $24,999 ($14,000 less than before) Note that these figures exclude destination and available incentives. Fisker notes that the price cuts only apply to 2023 models, which could deter some buyers. While these are new cars, and they feature the 2024 version of the company's operating system, some rival brands are already rolling out their 2025 models. To sweeten the deal, Fisker points out that the leftover 2023s are equipped with up to $7,000 in options including 22-inch wheels and extra-cost paint colors. Time will tell whether these massive discounts ($24,000 is about the price of a new Hyundai Kona) will allow the brand to trim down excess inventory. The Ocean's launch has been dotted with problems, including loss of power while driving, and the National Highway Traffic Safety Administration (NHTSA) opened a preliminary probe into the crossover due to four complaints "alleging unintended vehicle movement." Meanwhile, all is not well at Fisker. The company laid off about 15% of its staff earlier in March 2024 and warned that it risks running out of money. It later paused production of the Ocean, which is built in Austria by contract manufacturer Magna, because it's sitting on a global inventory of around 4,700 unsold cars worth over $200 million. Its shares were suspended from the New York Stock Exchange (NYSE) as talks with a major carmaker, widely rumored to be Nissan, fell through. Fisker has reportedly hired advisers for a potential bankruptcy.