Source Claims That Karma Will Layoff Most Workers And Some Recent Prototypes Have Been Fake

The Fisker Karma is a car with a fairly short but quite strange life. Originally released in 2012 as a strikingly designed hybrid gasoline-electric sedan most notable for its dramatic proportions and alarmingly cramped interior, the car has since had a change of ownership and is now known as the Karma Revero. Karma has recently…

Source Claims That Karma Will Layoff Most Workers And Some Recent Prototypes Have Been Fake

The Fisker Karma is a car with a fairly short but quite strange life. Originally released in 2012 as a strikingly designed hybrid gasoline-electric sedan most notable for its dramatic proportions and alarmingly cramped interior, the car has since had a change of ownership and is now known as the Karma Revero. Karma has recently been announcing new models and showing prototypes of new technology. However, I’ve spoken to a source in the company who tells me that the new models have specs that are made up, that there are prototypes that are “movie props,” and that the company itself will soon undergo massive layoffs. The picture painted by our confirmed source, who has a position in the company where they would be exposed to information provided, is one of a company that is knowingly showing vaporware in an effort to put on a “magic show” for its Chinese investors in a last-bid attempt to secure funding even as plans to lay off workers in early May are in place.Karma’s Chinese investors, the Wanxiang Group, reportedly cut their investment from $400 million to $100 million late last year, and our source reports to us that Wanxiang wants out entirely from the company.We should be clear that these statements reported here are from one primary source, confirmed to have a position within the company that could reasonably provide them with access to this information, and have been corroborated by another source inside the company. Our source tells us that they have information to suggest that at least 100 employees will be laid off between May 1 and May 15, and the endgame is to reduce staff to 27 employees, consisting of exclusively employees at the VP level and two directors.Recently, Karma has been touting its E-Flex platform, a flexible platform derived from its Revero GT architecture and able to support full battery electric vehicles, extended-range electric vehicles (EREV), and can even support autonomous vehicles. Karma has announced plans to develop new models for this universal platform, and even sell the platform itself to other manufacturers. Conceptually, it’s a solid idea, not unlike Volkswagen’s MEB or similar flexible electric car platforms.The problem is that, according to our source, the E-Flex platforms shown are “movie props,” with only one actually capable of being driven. Our source says they themselves “helped build half of it,” and that the chassis being shown is simply a production Revero GT chassis that has been modified, and not a new, unique—albeit Revero GT-derived—platform as suggested.Our source states that the E-Flex platforms being shown, as in this picture from Karma here, are simply production Revero unibodies taken from the production line and cut down. Our source claims that “nothing has been proven to function whatsoever.”Our source has also provided us with some pictures of the construction of Karma’s battery-electric version of the Revero, the GTE, which is allegedly built on their new E-Flex platform. The source provided us with this picture of one of the welds:Yikes. This is on Karma’s battery-electric version of the Revero, the Revero GTE, which the company has announced will come out next year.While a working prototype of the all-electric Revero GTE does exist, our source maintains that the specs currently being distributed to the media are entirely fabricated and not based on testing of any kind. This goes for the crucial specs of range, which is listed as 200 miles from a 75 kWh battery pack and 300 miles from a pack with just 25 kWh more, along with the performance specs of 0-60 in under 3.9 seconds. Our source says these numbers come from “no tests, all made u
Read More From Publisher