In early 2010, a private equity and venture capital firm that already held a stake in Artega took full control.

[1] It was reacquired by a company under Frers's control that same year and eventually resumed production, specializing in electric vehicles.

[2] Artega was founded by Klaus Dieter Frers, a mechanical engineer who worked for AEG-Telefunken before moving to Nixdorf Computer to oversee their production facilities from 1983 to 1987.

[4] The company previewed their first sports car, the Artega GT, at the 2007 Frankfurt Auto Show as an engineless prototype.

In interviews in 2008, chief adviser Karl-Heinz Kalbfell indicated that the next models anticipated were a soft-top version and a 4-cylinder car.

In July of the same year the company filed for bankruptcy protection, and what was expected to be the final GT built rolled off the production line in September.

[citation needed] In December 2018, Artega announced the acquisition of the production rights for the Swiss electric car Microlino.

[11] In 2022, the German electric vehicle firm ElectricBrands acquired Artega with the goal of starting production of the Karo-Isetta (now renamed the Evetta) in the next year.

The Artega SE was an all-electric battery-powered, short-lived version of the GT, using the same aluminum space frame and basic bodywork, but was powered by a pair of electric motors producing a combined 280 kW (375.5 hp).

On-board energy storage was a water-cooled battery pack that weighed 310 kg (683.4 lb) and stored 37 kWh (133.2 MJ) at 350 Volts.

[20] Resembling a road-going ATV "Quad", the Karo can carry a driver and one passenger riding two-up style.

[22] The car's name combines that of the earlier Scalo with a portmanteau of the Italian Superleggera and elettrica, indicating light weight and electric drive.

[22] Designed by Carrozzeria Touring Superleggera, the new car was longer than the original Scalo and featured a new carbon-fibre monocoque chassis.

The IISB-One is a car that began life as an Artega GT and was modified to accept an electric drivetrain by the Fraunhofer Institute for Integrated Systems and Device Technology.