Karma CEO Unveils 'Road To Future Success' Business Plan To Employees

IRVINE,California,Oct. 23,2018 --A detailed business and product strategy was outlined by Karma Automotive CEO Dr. Lance Zhou during all-employee gatherings at the automaker's headquarters in Irvine,Calif.,its assembly plant in Moreno Valley,and its Michigan Technical Center in Troy,Mich.

A detailed business and product strategy was outlined by Karma Automotive CEO Dr. Lance Zhou.

"Karma will continue to deliver distinct luxury electric vehicle experiences through innovative design,technology and personalization," Zhou said. "We will remain true to our unique luxury segment defined by exclusive design and craftsmanship,intuitive and integrated high technology,an owner experience with unrivaled treatment,and customization that allows every Karma vehicle to be unique."

Also revealed during the internal meetings was the automaker's first-ever limited-edition Revero,the Aliso Edition.

"Our future is strong and well-funded," Zhou said. "We have the right people in place to achieve our goals,a solid product plan that spans the next decade,a state-of-the-art assembly plant in Southern California,and relationships with the right partners who can help us accelerate technology and product development."

Meet Karma Automotive and Karma Revero

Karma Automotive designs,engineers,assembles and markets luxury electric vehicles,all from its Southern California base of operations. Founded in 2014 and employing nearly 1,000 people worldwide,Karma Automotive is committed to elevating and growing the luxury mobility experience for its customers and draws on global relationships and technology partners to achieve this. Named Green Car Journal's 2018 Luxury Green Car of the Year,Karma Revero is a luxury electric vehicle powered by dual electric motors that embodies the company's goals of offering leading automotive design,technology,customization and an outstanding customer experience.

Learn more about Karma Automotive and Revero at www.karmaautomotive.comor visit the password-free Karma Newsroom atwww.karmanewsroom.comfor the latest press releases,videos and images.