Fisker Automotive, now Fisker Inc., was a firm which made the Fisker Karma, which was one of the world's first production plug-in hybrid electric vehicles. It debuted at the 2008 North American International Auto Show, and first deliveries were in 2011. Production of the Fisker Karma was suspended in November 2012 due to bankruptcy of its battery supplier A123 Systems,[9] with about 2,450 Karmas built since 2011 and over 2000 cars sold worldwide.[10] In February 2014, the company's designs, engineering and manufacturing facility were purchased by Chinese auto parts conglomerate Wanxiang Group. Henrik Fisker retained the Fisker trademarks and the Fisker brand and relaunched Fisker Inc, and so Wanxiang named its new company Karma Automotive.

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