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BMW to supply electric and hybrid powertrains to Karma Automotive (formerly Fisker)

BMW i8 powertrainFisker Automotive, which recently rebranded as Karma Automotive, announced today the signing of a supply agreement with BMW for electric and hybrid powertrains.

Earlier this summer, the company moved to Riverside, California to set up a manufacturing facility and is now aiming to re-launch its plug-in hybrid vehicle in 2016.

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