The Fisker Karma is dead, long live the “new” Karma Revero image

Just like any automotive Phoenix bird, what was once a failed green startup has now decided to deliver yet another chapter in its history – complete with new owners, new company name and, err… new car.

The Fisker Karma – sorry, Karma Revero is now official and will look to lure in buyers of alternatively-powered luxury sedans. It has a new name, Revero, and a completely new company founded on the ashes of Fisker – Karma Automotive. The China-based Wanxiang subsidiary comes to the market with an updated and upgraded version of the plug-in hybrid luxury sedan in a bid to make up for the problems of the Fisker Karma, which led to the brand’s ultimate demise.

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The former Fisker Karma was selling for $103,000 at its lowest, but the new model is seriously playing with the affluent buyers as it will start from $130,000 MSRP. The model still uses the same GM-sourced turbocharged four-cylinder engine with 260 horsepower but the electric part of the powertrain is completely new thanks to a partnership with BMW. The Revero is compatible with DC fast-charging at 40 kW and gets an upgraded 6.6 kW on-board charger. The battery capacity now stands at 21.4 kWh instead of 20.4 kWh and will be plentiful if you plan on driving in full electric mode up to 50 miles (80 kilometers).

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The performance credentials include a 60 mph (96 km/h) sprint negotiated in 5.4 seconds in Sport mode, with Karm estimating a fuel economy of 52 MPGe in hybrid mode and 20 miles per gallon when running solely on gas. It also has an updated solar roof capable of storing energy for up to 1.5 miles (2.4 km) of electric range. Inside the cockpit the major changes include an all-new infotainment system, complete with Apple CarPlay and Android Auto – developed with Rightware, the new rig comes with Kanzi UI design software and bundles the HVAC and infotainment functions.