Fisker has announced today that its Karma plug-in hybrid luxury sedan will be on display at next week’s 2010 Los Angeles Auto Show and in doing so has made a not so subtle jab at GM by describing its car as the “first and only true electric vehicle with extended range”. You may recall that GM received a ton of flak for revealing that the electric motor in its upcoming Chevrolet Volt also momentarily drives the wheels when it’s more efficient to do so.

The Fisker Karma on display will be the same one that we saw back at the 2010 Paris Motor Show in late September. It is the first example of the stylish new hybrid to roll off the production line at independent vehicle manufacturer Valmet’s plant in Finland.

Eventually, annual volume is anticipated to reach 15,000 cars, with half of these expected to be sold in Europe. Pricing in the U.S. should start around the $87,900 mark when the car goes on sale in February of next year.

Driven only by electric motors at all times the Karma delivers the zero-tailpipe-emissions of an all-electric vehicle up to a distance of about 50 miles and then eliminates range anxiety with the 300 mile range of a traditional gas-powered car beyond that.

Overall, Fisker is predicting that Karma owners will be able to enjoy an achievable annual average fuel economy of 100 mpg. Remember, this is from a luxury sedan with more than 403 horsepower and 981 pound-feet on tap. A single speed gearbox ensures a smooth, constant delivery of power to the wheels without hesitation, all the way to the Karma’s top speed of 125 mph.

For more details on the Fisker Karma check out our extensive Paris preview story by clicking here.