Fisker is in a bad way. Their founder left the company recently and bankruptcy is imminent. Just a year or so ago, if you were to look at the titans in the electric vehicle (EV) industry, it would have been Tesla and Fisker. The Fisker Karma is a range-extended electric vehicle. Unlike the Tesla Model S, when the energy is depleted in the Fisker Karma a small gasoline engine would take over to start charging the batteries to provide juice to the batteries. This means that the Karma would not suffer from the range anxiety that accompanies an all electric vehicle.
What went wrong? The Karma had been littered with technical difficulties, but the real issues that led to the demise [...]