Fisker has officially signed the lease deal for the 555,670 square-foot plant in Moreno Valley, California. Production is expected to commence in mid-2016 and it will apparently be the first manufacturing operation of any significance in the area.

The location is also attractive for manufacturing because the building itself is regularly shaped and can accommodate a production line, plus the fact that Moreon Valley is in control of its utilities, so incentives could be offered to Fisker to seal the deal.

According to the LA Times, when up and running, the new plant will become the state’s second electric vehicle manufacturing location, even though its offerings may not be fully-electric, like Tesla’s.

Some 150 new jobs are expected to be created at first, but more will be added. Apparently, Fisker’s parent company, Wanxiang, is completely dedicated and committed to restarting production and selling electrified cars.

On a different note, but coming from the same source article, we hear the original founder of Fisker, Henrik Fisker, is reportedly going to announce his own, new EV manufacturing operation.

He was quoted as saying “I’m starting a new company using some of this exciting technology and design. There’s a lot of opportunity still there.”

If you need a reminder why the original Karma plug-in sedan was considered a bit of a dud in its day, check out the (fairly recent) video impression posted below.

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