Fisker cars

In 2007, Henrik Fisker and Bernhard Koehler founded Fisker Automotive. The company produced the Fisker Karma, one of the world's first production luxury plug-in hybrid electric vehicles, which debuted in 2008 and was first delivered in 2011. Production was suspended in 2012 due to the bankruptcy of its battery supplier A123 Systems, after approximately 2,000 of the vehicles had been sold worldwide. In 2014, Fisker Automotive's assets were purchased by Wanxiang Group, which renamed its new company Karma Automotive. Henrik Fisker retained the Fisker trademarks and the Fisker brand. In January 2022, Henrik Fisker announced that Fisker Inc. is setting up its first India entity, a global technology centre, in Hyderabad. The company has started recruitment for the centre, and plans to have a team of 300 software engineers, working mainly on software technologies. Fisker Inc plans to set up a manufacturing plant in an India for the PEAR, in collaboration with Foxconn (Fisker Inc. and Foxconn plan on producing 1 million units of the PEAR initially)The Fisker brand has decided to add to a prospective buyer’s choices by entering the Indian market. The Fisker brand is well-known for its Fisker Ocean cars majorly. The first offering from the Fisker brand is likely to tug it out in the SUV segment.