Jul 04,2020

Statement Regarding Inaccurate Headlines

Last week, a blog posting suggested Karma Automotive was considering filing for bankruptcy. The story contained numerous falsities and misstatements of Karma’s directional strategies and capabilities, disclosed by an anonymous ‘source’ within the company. This post, along with a similar piece that was posted on April 23, 2020, both contain falsehoods and misrepresentations. The fictitious nature of this content can be readily identified by simply referencing the timeline described in the earlier piece. Karma is not considering Chapter 11 bankruptcy and Karma will not be paring its staff to 38 employees in contemplation of a bankruptcy filing.

Jun 25,2020

KARMA SC2 NAMED “BEST OF THE BEST 2020: CONCEPT CAR”

• Robb Report Recognizes Karma® SC2 Concept Car as “Best of the Best 2020” Concept Car
• Karma SC2 Concept Car to Deliver 1,100 HP and 0-60 mph in 1.9 Seconds
• Award Validates Karma’s Commitment to World-Class Design and Technology 

Irvine, Calif. (June 25, 2020) – Karma Automotive today announced that the Karma SC2 was named Robb Report’s Best of the Best 2020: Category Winner Concept Car for its harmonious blend of world-class luxury design and engineering.

Jun 16,2020

KARMA ADDS TO NORTH AMERICAN RETAILER NETWORK WITH TWO NEW SOUTHERN FLORIDA RETAILERS

• Karma Broward and Karma Palm Beach to Bring Karma’s Southern Florida Presence to Four Retailers
• Karma’s Growing Network Supports Global Expansion Plans
• Luxury Electric 2020 Revero GT with Sports and Performance Packages Now Available for pre-order at Karma North American Retailers

Irvine, Calif. (June 16, 2020) – Karma Automotive, the Southern California-based creator of luxury electric vehicles and high-tech incubator, announced today the addition of two new North American retail partners in Fort Lauderdale and Boca Raton.

Jun 08,2020

KARMA AUTOMOTIVE NAMES NEW CHIEF STRATEGY OFFICER TO DRIVE CORPORATE GROWTH

• Greg Tarr will lead strategy, corporate development, business development, product planning and new ventures

IRVINE, Calif., (JUNE 8, 2020)- Greg Tarr has joined Karma Automotive as Chief Strategy Officer (CSO). As CSO, Tarr will report directly to Karma CEO Dr Lance Zhou, providing valuable insight and leadership for Karma’s business model, strategic innovation and future product portfolio. As Karma Automotive develops future vehicle programs across Electric Luxury Cars, Supercars, Commercial Vehicles and Technology Platforms,

Jun 04,2020

KARMA AUTOMOTIVE ANNOUNCES NEW SPORTS AND PERFORMANCE PACKAGES FOR THE 2020 REVERO GT

• New Sports and Performance packages deliver an enhanced 0 to 60mph in 3.9 seconds
• Revero® GT Sports package features lightweight carbon fiber exterior and host of visual enhancements for driving enthusiasts
• Revero GT Sports and Performance packages available now through Karma’s North American retailer network

IRVINE, Calif. (June 4, 2020) – Karma Automotive has launched a series of packages available for the 2020 Revero GT, catering to the driving enthusiast.

Jun 03,2020

KARMA AUTOMOTIVE COMPLETES E-FLEX PLATFORM PROJECTS TO OFFER NEW ELECTRIC MOBILITY SOLUTIONS

• Karma E-Flex Platforms Offer Fast-to-Market Electric Vehicle Conversions
• Multiple Platform Configurations Available for a Broad Range of Van, Truck, SUV and High-Performance Applications
• Karma E-Flex Innovations Allow Manufacturers to Reduce EV Development Time and Costs through Open Platform Partnerships and Proven Technology

Irvine, Calif. (June 3, 2020) – Today Karma Automotive announced the completion of its E-Flex Platform project, a series of highly versatile EREV (extended range electric vehicle) and BEV (battery electric vehicle) rolling chassis systems illustrating Karma’s technical direction and capabilities.