The 2012 Fisker Karma, with a friendly jet.

Luxury electric Fisker Karma will reportedly be updated, relaunched

Wanxiang founder and chairman Lu Guanqiu and Wanxiang America president Pin Ni had told reporters last month that the company had “about 250 bugs” to fix on the Karma before it could put the car back into production.

Luxury hybrid-electric car maker Fisker Automotive raises an extra $100M

Fisker Automotive, which manufactures luxury plug-in electric hybrid cars, has raised an extra $100 million in its third round of funding to help fund production of its luxury sedan and a second, cheaper electric car that is geared toward more mainstream hybrid electric car buyers.