Remember Fisker Automotive and it's one and only (yet very pretty) production model, the Karma? Of course you do. Some Fisker Karmas even caught on fire, while others went up in flames at the Port of Newark thanks to a hurricane. As a brief recap: Fisker Automotive ended production in 2012 due to money problems and recall issues. Bankruptcy soon followed and Chinese auto parts company, Wanxiang Group, bought what was left.

Now called Karma Automotive (original founder Henrik Fisker is no longer involved) and based in California, The Wall Street Journal is reporting that the reborn company is planning to begin taking orders for a new luxury electric car later this year, with an unveiling planned for July or August. What will it be called? The Revero. The Karma Revero incorporates BMW "electric vehicle control and charging systems" but it'll still look like the old Fisker Karma. In other words, aside from a few expected exterior styling updates, the Karma Revero will look like the old Karma only with new all-electric guts. The company has also been in communication with Fisker Karma owners, providing them with service and other updates.

A company source also told WSJ that it's even considering a direct sales model similar to Tesla's, but nothing has been decided just yet. But remember, don't call this reborn Karma a Fisker. It's a Karma. A Karma Revero (that hopefully won't catch on fire, too).