The first Karma Revero plug-in hybrid rolled off the new California assembly line last month, making good on parent company Wanxiang’s earlier U.S. production promises.
Karma Automotive opened up its 555,670-square-foot factory in Moreno Valley, Calif. The new assembly plant utilizes tooling and equipment relocated from the Fisker Karma plant in Finland.
“A flame-red 1993 Chevrolet Camaro was the last car to roll off an assembly line in Southern California 24 years ago,” the automaker said. “We changed that this May when the first Karma Revero rolled off our Moreno Valley assembly line. The first of many.”
Karma will be taking its time ramping up production, with about 150 Reveros expected to come out in 2017. The company has larger production volume plans for the future.
Karma intends to show off the finished Revero product this summer. The new automakers will start taking orders for it by the end of the year.
Starting up its new production plant ends a phase in the company’s history. After being hit hard by Hurricane Sandy at a port in New Jersey, and facing the U.S. Department of Energy’s decision to pull its $465 million development loan, Fisker Automotive filed for bankruptcy in 2013. Chinese auto parts-giant Wanxiang Group bought the Fisker assets in 2014, promising to not only resurrect the Karma, but to do so in the U.S.
Earlier this month, Karma Automotive announced the opening of an engineering and sales office in suburban Detroit. Karma is expected to spend $3.6 million and create up to 150 new jobs. The new office will be in Troy, Mich., according to the Michigan Economic Development Corp.