Fisker Automotive was an American company known for producing the Fisker Karma, which was one of the world's first production luxury plug-in hybrid electric vehicles. It debuted at the 2008 North American International Auto Show, and first deliveries were in 2011. Production of the Fisker Karma was suspended in November 2012 due to bankruptcy of its battery supplier A123 Systems, with about 2,450 Karmas built since 2011 and over 2,000 cars sold worldwide. In February 2014, Fisker Automotive's Karma vehicle design, tooling and a manufacturing facility in Delaware were purchased by Chinese auto parts conglomerate Wanxiang Group. In 2016. Wanxiang would rename the holding company for the assets of Fisker Automotive to Karma Automotive. Henrik Fisker; the founder, former chairman, former CEO, of Fisker Automotive, retained the Fisker trademark and the Fisker logo, and launched a new, separate company called Fisker Inc.