Six months after suspending production of the Karma, Fisker Automotive says it is hopeful that it can resume building the plug-in hybrid sedan in the near future.
Speaking on the sidelines of the Chicago Auto Show, Fisker Executive Chairman Henrik Fisker revealed the automaker expects to restart Karma production "fairly soon."
The upstart electric vehicle maker had been waiting for its battery supplier, A123 Systems, to emerge from bankruptcy before resuming output. Last month, the U.S. government approved the sale of A123 Systems to China's Wanxiang Group Corp, paving the way for Fisker to power up its assembly lines. It isn't clear when A123 will begin building batteries for Fisker again, however.
Henrik Fisker also commented on the struggling automaker's search for investors, saying that there are "multiple interested partners for investment." He declined to confirm whether any Chinese companies - such as Wanxiang - are among the potential partners.
Following the Department of Energy's decision to deny Fisker roughly $300 million in green energy loans, the automaker has been actively seeking a financial partner to help fund the development of its Atlantic sedan.