Which automaker was created from the assets of the original Fisker Automotive?

Karma Automotive was created from the assets of the original Fisker Automotive.

Fisker Automotive was founded in 2007 by designer Henrik Fisker and became known for the Fisker Karma, a luxury plug-in hybrid sedan. Financial trouble, production difficulties and the 2012 bankruptcy of battery supplier A123 Systems weakened the company. Fisker Automotive eventually filed for bankruptcy protection in 2013.

In February 2014, China's Wanxiang Group bought Fisker Automotive's assets at a bankruptcy auction. Wanxiang relaunched the business as Karma Automotive, taking its name from the Fisker Karma model. The new company retained a connection to the original sedan but was not the same corporate entity as Fisker Automotive.

That distinction explains several common wrong answers. Fisker Inc. was a separate company Henrik Fisker founded in 2016, years after the original firm's collapse. Lucid Motors and VinFast were independently established electric-vehicle companies, not successors formed from Fisker Automotive's assets. Karma later developed updated versions of the original luxury hybrid, including the Karma Revero.