Electric car startup Karma Automotive, and its Chinese owner, appear to be planning to build a factory to make some of its cars in China, and could use that facility to revive a planned two-door electric car.
Karma Automotive is the reincarnation of the former Fisker Automotive, which was backed by Silicon Valley investors and went bankrupt after struggling to deliver electric cars. The company was partly controversial because it lost $139 million in federal loans from the U.S. Department of Energy.
