Henrik Fisker left his namesake car company in March 2013, shortly before Fisker Automotive itself went bankrupt.

But now he's once again involved with the Karma luxury sedan.

He's joining VL Automotive, which still plans to sell Karmas with V-8 engines in place of their original extended-range electric powertrains.

DON'T MISS: Destino--The Corvette-Powered Fisker Karma: Detroit Auto Show (Jan 2013)

The announcement was made Friday ahead of the 2016 Detroit Auto Show, where VL will display an updated version of its creation, which is known as the Destino.

The company is also re-branding itself as VLF.

Fisker is a key shareholder of VLF and is now the third member of its executive board, along with former General Motors product czar Bob Lutz and, industrialist Glibert Villarreal.

VLF Destino

VLF Destino

Not surprisingly given his previous experience in the auto industry, Fisker was named head of design and product strategy, while Lutz serves as VLF's chairman, and Villarreal its CEO.

The design of the Destino has been altered somewhat since it was first shown three years ago, but VLF still plans to use the 6.2-liter supercharged V-8 from the discontinued Chevrolet Corvette ZR-1.

ALSO SEE: VL Buying Leftover New Fisker Karmas To Yank Out Electric Parts (Jan 2014)

It will produce the same 638 horsepower it did in the ZR-1, getting the Destino from 0 to 60 mph in 3.9 seconds, and on to a top speed of 200 mph, according to VLF.

Of course, there's no longer any emphasis on efficiency and--at an estimated $229,000--the Destino will cost about twice as much as the Karma did during its brief production run back in 2012.

VLF Destino

VLF Destino

VLF will also build and sell the Force 1 sports car Henrik Fisker previously discussed independently of the company.

Both cars will be built at a facility in Auburn Hills, Michigan. VLF also has an R&D center in Los Angeles, and claims to have seven dealers lined up.

MORE: Fisker Karma Plant In Southern California: More Details Emerge (Aug 2015)

Meanwhile, Chinese automotive supplier Wanxiang--which bought the remains of bankrupt Fisker Automotive--is still moving forward with plans to restart production of the original, plug-in Karma.

Now renamed Karma Automotive, the carmaker plans to relaunch the Karma sedan later this year, with production set to begin at a new facility in Southern California.


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