If you've been searching for Fisker Karma car models available for purchase in 2026, you've likely run into a confusing landscape of discontinued nameplates, a bankrupt startup, and a legacy that lives on under a different badge. The short answer: no new Fisker Karma or Fisker-branded vehicle is available from a dealership today. But the story — and your options as a luxury EV or PHEV buyer — deserve a thorough breakdown.
This guide traces what happened to every Fisker model, explains what you can still buy (new and used), and maps the luxury electrified vehicles that now fill the niche the Karma originally carved out.
The Fisker Timeline: From Karma to Bankruptcy
Henrik Fisker, the Danish designer behind the BMW Z8 and Aston Martin DB9, launched Fisker Automotive in 2007. The company's flagship, the Fisker Karma, debuted for the 2012 model year as a plug-in hybrid (PHEV) luxury sedan with a series-hybrid powertrain — a 2.0L turbocharged GM Ecotec engine acted as a generator to extend range once the 20.1 kWh lithium-ion battery was depleted.
Fisker Automotive ceased production in 2012 after supplier A123 Systems went bankrupt. The company filed for Chapter 11 in 2013. The Karma's tooling and intellectual property were acquired by Wanxiang Group, which later relaunched the car under the Karma Automotive brand as the Karma Revero (and later the Revero GT and GS-6).
Henrik Fisker then founded Fisker Inc. in 2016, which developed the all-electric Fisker Ocean SUV. Production began in 2022 at Magna Steyr in Austria. But by June 2024, Fisker Inc. filed for Chapter 11 bankruptcy after producing roughly 10,000 Ocean units. The company ceased operations, leaving existing owners without manufacturer support.
Fisker Karma Car Models: The Complete Lineage
| Model | Years | Powertrain | Status (2026) |
|---|---|---|---|
| Fisker Karma | 2012 | PHEV (series hybrid), 20.1 kWh | Discontinued; used market only |
| Karma Revero | 2017–2019 | PHEV, 21.4 kWh | Discontinued; used market only |
| Karma Revero GT | 2020–2021 | PHEV, 28 kWh (BMW-sourced 3-cyl) | Discontinued; used market only |
| Karma GS-6 | 2021–2023 | EREV/PHEV, 28 kWh | Discontinued; used market only |
| Fisker Ocean | 2023–2024 | BEV, 113 kWh (NMC) | Discontinued; limited used stock |
| Karma Kaveya (announced) | TBD | BEV (announced) | Not available; no confirmed production date |
The Original Fisker Karma: Specs That Still Impress
For buyers considering a used 2012 Fisker Karma, here are the numbers that matter. This was never a high-efficiency commuter — it was a design statement with an electric-first powertrain.
| Spec | Value |
|---|---|
| EPA electric-only range | 32 miles |
| Total range (electric + gas) | ~230 miles |
| Battery capacity | 20.1 kWh usable (NMC lithium-ion, A123 Systems) |
| Combined MPGe (electric mode) | 54 MPGe |
| MPG (gas-only, generator mode) | 20 MPG combined |
| Horsepower | 403 hp (two rear electric motors) |
| 0–60 mph | 5.9 seconds |
| Drivetrain | RWD (dual rear motors) |
| DC fast charging | Not supported |
| Level 2 charging | 3.3 kW (~6 hours for full charge) |
| Cargo space | 6.9 cu ft (battery tunnel limits trunk) |
| Original MSRP | $96,850–$110,000 |
| Used price (2026 est.) | $25,000–$55,000 depending on condition |
Fisker Ocean (2023–2024): The Bankrupt Successor
Henrik Fisker's second attempt at an EV company produced the Fisker Ocean, an all-electric SUV that briefly competed with the Tesla Model Y and Ford Mustang Mach-E before the company's 2024 bankruptcy.
| Spec | Ocean Sport (FWD) | Ocean Ultra / Extreme (AWD) |
|---|---|---|
| EPA range | 231 miles | 360 miles (Extreme w/ Hyper Range) |
| Battery | ~80 kWh NMC (CATL) | 113 kWh NMC (CATL) |
| Horsepower | 275 hp | 550 hp |
| 0–60 mph | 6.9 sec | 3.7 sec |
| DC fast charge (peak) | ~170 kW | ~250 kW |
| 10–80% DC time | ~38 min | ~30 min |
| Level 2 home charge | 11.5 kW (~37 mi/hr) | 11.5 kW (~37 mi/hr) |
| Cargo volume | 32.5 cu ft (rear seats up) | 32.5 cu ft |
| Original MSRP | $38,999 | $61,999 (Ultra) / $68,999 (Extreme) |
| Used price (2026 est.) | $18,000–$25,000 | $28,000–$42,000 |
The Ocean's solar roof panel (California Mode on higher trims) added roughly 1,500 miles of range per year in ideal sun conditions — a neat feature but not a meaningful range extender. The bigger issue: with Fisker Inc. bankrupt, software updates have stopped, warranty claims go unanswered, and parts availability is deteriorating. Insurance costs for Ocean owners have also spiked due to the lack of OEM collision repair support.
Karma Automotive in 2026: What Survived
Karma Automotive — the Wanxiang-owned company that acquired the original Karma's assets — is technically still in business as of early 2026, but its production has been minimal. The Revero GT and GS-6 were the last vehicles to reach customers, with production winding down after 2023.
Karma has announced future models including the Kaveya (a grand-touring EV coupe) and the Gyesera (a luxury sedan), but neither has entered production. No firm pricing, EPA certification, or delivery timeline has been confirmed. These remain announced concepts, not vehicles you can purchase.
If you're interested in a Karma-branded vehicle, the used market for the Revero GT and GS-6 is your only path. Expect to pay $60,000–$95,000 for a low-mileage example, with the understanding that dealer support and parts availability are extremely limited.
Federal Tax Credit: Do Any Fisker/Karma Models Qualify?
For new vehicle purchases: No Fisker or Karma model is currently available new, so the IRS §30D federal tax credit does not apply.
For used vehicle purchases: The Used Clean Vehicle Credit (up to $4,000 or 30% of sale price, whichever is lower) may apply to a pre-owned Fisker Ocean or Karma Revero/GS-6, subject to these requirements:
- Sale price must be $25,000 or below
- Buyer income caps: $75,000 single / $112,500 head of household / $150,000 joint
- Vehicle must be at least two model years old
- Must purchase from a licensed dealer (private-party sales excluded)
- Credit is non-refundable (you must have tax liability to benefit)
- Available once per buyer per three-year period
Given that used Fisker Ocean Sport models have depreciated below $25,000 in some markets, a qualifying buyer could potentially claim up to $4,000 off their federal tax bill. Consult a tax professional to verify eligibility for your specific situation.
Best Alternatives to Fisker Karma Car Models in 2026
If the Karma's blend of luxury, electrified powertrain, and head-turning design is what drew you in, here are the vehicles that actually fill that role today — with full manufacturer support, warranty coverage, and charging infrastructure.
| Vehicle | Type | EPA Range / MPG | Starting MSRP | §30D Credit Eligible |
|---|---|---|---|---|
| BMW i5 eDrive40 | BEV sedan | 295 mi EPA | ~$70,200 | No (MSRP cap: $55K sedans) |
| Mercedes EQE 350+ | BEV sedan | 305 mi EPA | ~$75,050 | No (MSRP cap) |
| BMW 550e xDrive PHEV | PHEV sedan | ~36 mi electric / 64 MPGe | ~$64,900 | No (MSRP cap) |
| Porsche Taycan (base RWD) | BEV sedan | 283 mi EPA | ~$92,250 | No (MSRP cap) |
| Lucid Air Pure | BEV sedan | 419 mi EPA | ~$69,900 | No (MSRP cap) |
None of these luxury sedans qualify for the §30D new-vehicle credit because they exceed the $55,000 MSRP cap for sedans. However, several manufacturers offer lease incentives that effectively pass through the $7,500 commercial clean vehicle credit (§45W) to lessees — check with your local dealer for current programs.
Who Should (and Shouldn't) Buy a Used Fisker or Karma
Consider it if:
- You're a collector or enthusiast who values the Karma's Pininfarina-adjacent design and rarity
- You have access to a specialist mechanic familiar with A123 battery systems and GM Ecotec engines
- You want a short-commute PHEV (under 25 miles electric) and don't need DC fast charging
- You're buying a Fisker Ocean at a steep discount and accept the no-warranty, no-support risk
Avoid it if:
- You need reliable daily transportation with dealer support and warranty coverage
- You road-trip regularly (Karma has no DC fast charging; Ocean charging network is non-existent)
- You live in a cold climate (Karma's electric range drops 30–40% below freezing)
- You need cargo space (Karma's 6.9 cu ft trunk is smaller than a Mazda Miata's)
- Resale value stability matters to you
Frequently Asked Questions
Can I still buy a new Fisker Karma in 2026?
No. Fisker Automotive ceased production in 2012 and went bankrupt in 2013. The Karma nameplate was acquired by Karma Automotive, which produced the Revero and GS-6 through approximately 2023. No new Fisker or Karma vehicle is available from a dealership in 2026.
What happened to the Fisker Ocean SUV?
Fisker Inc. filed for Chapter 11 bankruptcy in June 2024 after producing roughly 10,000 Ocean SUVs. Remaining inventory was liquidated at steep discounts. Existing owners face challenges with software updates, warranty service, and parts availability.
Is the Karma Automotive Kaveya available to order?
No. The Karma Kaveya and Gyesera remain announced concepts with no confirmed production timeline, pricing, or EPA certification as of 2026. They should not be considered available vehicles.
How much does a used Fisker Karma cost today?
Used 2012 Fisker Karma prices range from roughly $25,000 for high-mileage or mechanically questionable examples to $55,000+ for low-mileage collector-condition cars. Battery health is the primary value determinant.
Does a used Fisker Ocean qualify for any tax credit?
Possibly. The IRS Used Clean Vehicle Credit offers up to $4,000 (or 30% of sale price) if the vehicle sells for $25,000 or less, you meet income requirements, and you buy from a licensed dealer. Verify current rules at irs.gov and consult a tax professional.
What's the best alternative to a Fisker Karma for a luxury EV sedan?
The BMW i5, Lucid Air Pure, and Porsche Taycan offer the luxury-sedan electrified experience with full manufacturer backing, modern charging speeds (175–320 kW DC), and current-model warranty coverage. For PHEV buyers, the BMW 550e xDrive provides ~36 miles of electric range with a gasoline backup.
