Karma Automotive Elevates Award-Profitable Revero GT Nameplate To Make Way For GS-6 Series Automobiles

IRVINE, Calif., Dec. 2, 2020 /PRNewswire/ — Karma Automotive currently announced the foreseeable future options for the award-winning Karma Revero® GT, which will see the common nameplate elevated to turn out to be the brand’s halo automobile slotted earlier mentioned the approaching 2021 GS-6 Sequence. The Revero GT design is approximated to function a lot more than 1,100hp and 4-wheel drive, as very well as demonstrating the pinnacle of hand-crafted, mentor-built luxurious, technological innovation and innovation. Long run Revero GT clients will program concierge-design and style style and design appointments to personalize their vehicle with custom made high-class inside appointments and a one of a kind and vibrant exterior color palette. These clients will also get piece of intellect knowing that the motor vehicle will be offered in the two prolonged range and all-electric powered versions.

Long term Revero GTs will profit from a bundle of racing-impressed structural, componentry and technology suited for both equally keep track of day and road automobile apps. It will produce an psychological bond involving driver and device and enchantment to individuals who get pleasure from the pure driving expertise. VVIP client treatment and possibilities about personalized products and bespoke choices will await new Karma Revero GT house owners at the Karma Design and style Studio in Irvine, Calif., where by designers will give qualified assistance. Once developed, tailor made fabrication will consider position at Karma’s Innovation and Customization Centre (KICC) in Moreno Valley, Calif.

“Today’s announcement positions us effectively for the future as we continue to evolve and refine our automotive offerings to meet the distinct needs and wants our shoppers have come to assume,” stated Joost de Vries, Karma’s VP of worldwide sales and buyer encounter. “Thanks to our U.S. manufacturing abilities at our 550,000 sq. ft Karma Innovation and Customization Center in Moreno Valley, California, we have the skill to be nimble and much more value economical whilst continue to supplying world-class luxury vehicles, services and customization options.”

In the coming weeks, Karma will also launch much more facts about the forthcoming Karma GS-6, the upcoming evolution of the model which will keep factors of the Revero GTs exterior style and design though relocating the rate-place to a additional attainable stage. The new GS-6, obtainable for shipping in 2021, will be a part of the brand’s to start with-at any time all-electric car, the GSe-6, announced in October 2020. Both of those vehicles will aid drive demand toward a new client demographic and represents a big current market opportunity for the brand. &#13

Karma Automotive, founded in 2014, is a Southern California-based mostly producer of luxurious electric powered motor vehicles. Headquartered in Irvine, California with an assembly plant found in Moreno Valley, Karma sells autos by means of its supplier community comprising just about 40 spots in North The usa, Europe, South The united states and the Center East. Karma’s Innovation and Customization Center, which opened in 2019 offers earth-course engineering, structure, customization, and manufacturing providers along with electrification platforms. Karma’s flagship motor vehicle, the Revero® GT, Eco-friendly Car Journal’s 2020 Luxurious Inexperienced Automobile of the Year™, is an electric powered vehicle powered by dual electric powered motors that embodies Karma’s intention of supplying top engineering with a luxurious knowledge. Each and every Karma car is established with unparalleled particular person care and craftsmanship.

For far more info, go to www.karmaautomotive.com, or www.karmanewsroom.com.

This news release includes ahead-seeking statements within just the which means of Part 27A of the Securities Act of 1933 and Area 21E of the Securities Exchange Act of 1934. These ahead-looking statements are subject to certain risks, uncertainties and assumptions and incorporate Karma Automotive’s expectations. Ahead-seeking statements commonly can be recognized by the use of terms this sort of as “will,” “count on,” “believe that,” and related phrases. Despite the fact that Karma thinks that its anticipations are reasonable, it can give no assurance that these anticipations will establish to have been proper, and precise results may possibly fluctuate materially. Aspects that could trigger real outcomes to differ materially from all those contemplated earlier mentioned include things like, among the others, normal economic circumstances, dangers customary in the automotive marketplace, opposition in particular markets, the volatility of battery price ranges, failure of prospects to perform below contracts, changes in government regulation of markets and of environmental emissions, and our potential to accomplish the envisioned advantages and timing of our electric powered vehicle initiatives. Karma Automotive undertakes no obligation to update or revise any ahead-hunting statements, whether or not as a consequence of new data, potential events or in any other case. The foregoing critique of components that could trigger Karma’s actual success to differ materially from those people contemplated in the forward-wanting statements included in this information release must be regarded in relationship with info concerning dangers and uncertainties that may possibly impact Karma Automotive’s future benefits.


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