June 24, 2017 1:51 PM ET

Automobiles

Company Overview of Karma Automotive LLC

Company Overview

Karma Automotive LLC manufactures cars. The company was incorporated in 2014 and is based in Costa Mesa, California.

3080 Airway Avenue

Costa Mesa, CA 92626

United States

Founded in 2014

Phone:

855-565-2762

Key Executives for Karma Automotive LLC

Chief Executive Officer
President and Chief Operations Officer
Chief Revenue Officer
Age: 59
Senior Vice President of Engineering
Chief Business and Technology Officer
Compensation as of Fiscal Year 2016.

Karma Automotive LLC Key Developments

Karma Automotive Announces Launch of Revero

Karma Automotive announced the launch of its Revero. The first Revero automobiles were loaded onto transport trucks at Karma's Moreno Valley production facility destined for delivery to Karma retailer showrooms. More than 800 Karma Automotive employees participated in a private 'Delivery Day' ceremony celebrating the milestone.

Karma Automotive Opens New Troy, Michigan Technical Center

Karma Automotive held the opening of its Troy, Michigan Technical Center located at 1875 Research Drive.

Karma Automotive Unveils 2017 Revero Luxury Vehicle

Karma Automotive unveiled the 2017 Revero luxury hybrid automobile to a select group of customers, media and retailers at a private event in Laguna Beach, CA. Orders are now being accepted for the much-anticipated, and stylishly appointed Revero. The list price of $130,000 was announced at the unveiling. Originally hailed as one of the most beautiful vehicles ever conceived, these one-of-a-kind cars embody the sensibilities of a passionate, charismatic, California-based company. The car is being built in an all new custom, low-volume production facility in Moreno Valley, California. The Revero includes several features that set it apart. A clean and elegant infotainment system has been designed from the ground up to be fast and intuitive, and will incorporate over-the-air updates as well as Apple CarPlay. It will be the first car sold in the U.S. powered by electricity, gas and solar. The solar roof not only charges the 12V battery, but also charges the HV battery adding to the electric range. Individually hand-painted emblems grace the front and rear of every vehicle. It is a small but symbolic statement about the company's desire to give each owner a unique vehicle. The Revero is quick, going from 0-60 in 5.4 seconds in Sport mode. Owners can plug in for a battery range up to 50 miles and the gas-powered generator extends the total range to approximately 300 miles. Fast-Charging brings the HV battery to 80% state-of-charge in a remarkable 24 minutes.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 28, 2017
262,463 Square Feet Property at 9950 Jeronimo Road in Irvine
 

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