Fisker Karma Finnish Production To Resume Following Fixes, New Model Later

The new owners of the Fisker luxury car brand will resume production of the Karma range-extended electric sedan initially at a contractor's factory in Finland--but not until the company has fixed "about 250 bugs" in the vehicle.

The news came as executives of Wanxiang, China's largest auto parts maker and now the owner of both Fisker and its battery supplier, A123 Systems, toured the U.S. last week and conferred with officials in several states.

DON'T MISS: Who's Still Buying Brand-New Fisker Karmas, And Why?

As reported by industry trade journal Automotive News [subscription required], Wanxiang founder and chairman Lu Guanqiu and Wanxiang America president Pin Ni met with reporters last week in Washington, D.C.

The company intends to launch a second model--perhaps under a different name than Atlantic--once production of the Karma resumes.

The former Fisker Automotive halted Karma assembly at the Valmet plant in Finland in July 2012, following a battery-pack recall due to defective lithium-ion cells produced by A123 at a new battery plant in Michigan. It never resumed.

A123 filed for bankruptcy in October of that year, while the Fisker saga dragged on for another 18 months.