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August 8, 2016 02:12 pm GMT

Karma details Revero sales strategy as owner Wanxiang plans electric car factory

bg-karma-car2bWanxiang Group, which acquired the assets of plug-in hybrid pioneer Fisker and renamed it Karma Automotive,is planning a large-scale $375 million electric car factory with an output capacity of 50,000 vehicles per year, according to Bloomberg. Meanwhile, Karma Automotive also revealed its distribution model for the Revero plug-in hybrid it plans to release later this year, with a big… Read More

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