Wanx­i­ang to re­brand Fisker as Elux: sources

China Daily (Canada) - - FRONT PAGE -

Chi­nese auto parts maker Wanx­i­ang Group will push back its planned re­launch of the de­funct Fisker Karma hy­brid sports car un­til mid2016 and re­brand Fisker Au­to­mo­tive as Elux, two sources familiar with the plan said.

Wanx­i­ang, which ac­quired the as­sets of Cal­i­for­nia-based Fisker Au­to­mo­tive a year ago in a US bank­ruptcy auc­tion, had hoped to re­vive the Karma this year.

The re­vised ver­sion of the Karma will be re­named Elux Karma and the Fisker name will be dropped, said the sources, who asked not to be named be­cause they were not au­tho­rized to speak for Wanx­i­ang.

e sources said the re­vived gaso­line-elec­tric car will not be as­sem­bled in Fin­land as ear­lier planned. Wanx­i­ang has not cho­sen a pro­duc­tion site, the sources said.

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