Latest news with #KarmaAutomotive
Yahoo
5 days ago
- Automotive
- Yahoo
Karma Automotive unveils the Kaveya hypercar at Goodwood Festival of Speed
At this year's Goodwood Festival of Speed, Karma Automotive, an American luxury EV company, debuted their latest hypercar; The Karma Kaveya. The Kaveya, which took part in the famous Goodwood hill-climb can achieve up to 1,000 horsepower and has a fully electric power train. The Keveya is equipped with a 120-kWh battery pack that provides a targeted range of over 250 miles. The vehicle can DC fast charge from 10-80% in approximately 45 minutes. Switch Auto Insurance and Save Today! Great Rates and Award-Winning Service The Insurance Savings You Expect Affordable Auto Insurance, Customized for You According to the brand, the Karma Kaveya aims to redefine luxury and performance, designed to accelerate from 0-60 mph in under three seconds and reach a top speed of 180 mph. Frankie Youd spoke with Nicholas David, vice president of global design, Karma Automotive, to learn more about the vehicle, the design itself and future plans. Frankie Youd (FY): Could you provide some background on Karma Automotive and what you are showing at Goodwood Festival of Speed? Nicholas David (ND): Karma Automotive is based in California. The design and R&D facility is in California, as well as the factory near Palm Springs. We've been going now for about eleven years. I've been with the company for about three years. The brand is now moving towards the ultra-luxury space. I think that's going to be great for us; we want lower volume, a higher margin and far more exclusivity. What we have at Goodwood this year is the Karma Kaveya. There will be around 1,800 units made and sold. There might be some different variants. What we have here today is the four-motor electric version; it will also come as a two-motor, rear-wheel drive. The two-motor starts at about $300,000 and the four-motor will start at about $400,000, but you will be able to spec it accordingly. What we want to do with Karma Automotive is get a lot of personalisation, to have people come in and configure it. It's also really good for people to see if moving at this event. It's good to see the car running up the hill. People can see it and say: 'wow look at that!' What was the design process for this vehicle? With the Kaveya we were trying to design a supercar that no one looks at and thinks 'oh, it looks a bit like something else'. It looks completely unique. When we are at the design studio, we have a 'no' list, which is a list of attributes that other car companies are doing, especially supercars, that we say we will not do on our car. I think as designers, we can come up with something new, but sometimes we fall back on what we feel is safe in some areas. Some of the designs we came up with were phenomenal but we said no, too close to something else. We really did make a point of trying to be unique. I think as designers, we can come up with something new, but sometimes we fall back on what we feel is safe in some areas. I think we have come up with something very unique, clean, very simple. We have this master line; it goes from the rear fender, around the cowl into the other fender. We call it a comet line. That is a signature now for all our Kaveya models; all the other surfaces drape from it. Within the design industry I think there's been this bit of 'anti-design' where there are lots of slashes, weird forms, strange volumes, to make it 'new'. I think we really wanted to concentrate on the proportion and then reduce, reduce, reduce. People with a V10, V12 want noise, and you have to have some theatre with that. So, what is our theatre? We've removed all the door seals, and made them hidden seals; the windshield wiper panel slides back and forth to hide the wipers, which is also good for aerodynamics. To open the door you have a touch sensor on the panel; at the back of the vehicle at high speeds the spoiler comes out, and slides in when you want it to. Could you discuss the design of the interior? The interior that you see on the car today is more the demo car interior that we've been using. The screens hide away when you don't want them, or they reduce down. The armrest moves to expose the cupholder, when you get in it is a very clean and simple design. The car allows you to hide elements and bring them out when you want. We are also looking into passenger side screens. Do clients want to have minimal or maximum interaction? We are listening and thinking about it; a lot of clients are saying it would be nice for this model. There are some things that we do have to consider doing when we listen. Does the company have a global reach or is it focusing more on the US? The current car we're producing, the Revero, is available in mainland Europe. It's been homologated for there, as well as North America. The split is a bit more biased towards America. This one will be globally homologated. We'll be showcasing in China, Middle East, Europe and America. The Amaris will probably be a global vehicle, but they will remain left-hand drive. The Gyesera, is homologated for North America currently, but it can be adapted for Europe. We definitely are trying to become more of a global brand We definitely are trying to become more of a global brand, to have them in UK and everywhere. We've been building up the dealership network. We've got a lot of dealers in North America already and in Europe. What is the reaction to a hypercar which is electric? When we first showed it, I think it was at the peak of 'let's go electric', and there was really good influence on those early adopters. However, in the industry news at the moment it's about pulling back away from electric a little bit and going more towards maybe for hybrid as a stepping stone. A lot of the people who have put down a deposit already have a lot of ICE supercars, and they were okay with it, because they wanted something different; they want a different experience with each car they have. They like a performance, the looks, and the drama. This model is supposed to be full electric; we're not going to do an ICE version. We've also tried to hit a bit of a nice niche area, because you have Hyundai, BMW, Volkswagen, down in the more affordable EV vehicles. This falls in, as I said, about the $300,000-$400,000 mark, so it's a bit more of a niche area where people usually own quite a few cars, it's not their only one. They like a performance, the looks, and the drama. "Karma Automotive unveils the Kaveya hypercar at Goodwood Festival of Speed" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Automotive
- Yahoo
Electrify Expo's Return to Southern California Marks Milestone Growth for the Nation's Largest EV Festival
Electrify Expo Los Angeles Electrify Expo brings in its largest exhibitor participation ever to a new venue at the Port of LA Kia, Volvo and Lexus will debut their most anticipated new vehicles alongside current models Tesla will offer the exclusive opportunity for self driving demos at the LA festival Notable new exhibitors include Karma Automotive, Drako Motors, Verge Motorcycles, ChargePoint and more The first eVOTL personal aircraft, Pivotal Helix, will join the lineup in LA Two ticket options available, with general admission starting at $20 Festival runs June 21-22 from 9 a.m. to 5 p.m.; tickets available online and in person LOS ANGELES, June 16, 2025 (GLOBE NEWSWIRE) -- Electrify Expo, North America's largest electric vehicle (EV) and technology festival, is returning to Southern California with its largest lineup of exhibitors ever. The festival will take over the Port of LA for the first time, bringing over 1 million square feet of electric demos, experiences, entertainment zones and never-before-seen electric vehicles. Electrify Expo welcomes new exhibitors to join the EV festival including ChargePoint, Verge Motorcycles, Karma Automotive, Drako Motors and many others. California continues to lead the nation in EV adoption, standing out as a hub for innovation and consumer demand. As more drivers explore what going electric means, they're looking for flexible options that fit their lifestyle, whether that's fully electric vehicles, hybrids or e-bikes. According to the California New Car Dealers Association's auto outlook released in April 2025, hybrids now hold 17.9% of the automotive market share in the state. At Electrify Expo attendees will experience the full spectrum of electric offerings, making it the ideal place for first-time shoppers, long-time enthusiasts and even skeptics. 'California has long led the way in EV adoption, but we're now seeing a fresh wave of interest from consumers who have been watching from the sidelines—many of whom are now waking up to the practicality of EVs,' said BJ Birtwell, CEO and Founder of Electrify Expo. 'Today's EVs are more affordable, go farther than ever and charge faster than people think. They are the clear practical choice in California where EV infrastructure is abundant and gas prices are surging. We're ready to bring the festival back to LA with more brands, more options and more excitement than ever.' New Attractions for Los Angeles: For the first time ever, Electrify Expo will have the Pivotal Helix, an eVTOL personal aircraft, on display for attendees to experience the future of transportation with SoFly. The all-new, fully electric Volvo EX30 Cross Country is making its North American debut in Los Angeles, showcasing how big experiences can come in a small SUV. Joining it is the refreshed Volvo XC60 Plug-In Hybrid, on public display for one of the first times, highlighting one of the Swedish automaker's best-selling SUVs designed to suit every kind of driver. Be among the first to experience the all-new 2026 Lexus ES 500e, making its public debut at Electrify Expo LA. Joining the spotlight is the enhanced 2026 Lexus RZ 350e—part of a new, extended lineup engineered for more power, greater efficiency, and an even more dynamic drive. As seen at auto shows, Kia is bringing its all-new EV9 ADVNTR CONCEPT, an all-electric SUV built for extreme yet sustainable off-road adventure based on the successful 3-row EV9. Join Ford for hot laps in the Mustang Mach-E GT with professional drivers at the Ford Thrill Zone and take the wheel yourself with test drives of the Mustang Mach-E and F-150 Lightning, as well as have the chance to see a one-of-a-kind adventure-focused Mustang Mach-E Rally built by off-road racer Jim Beaver. General Motors brands including Cadillac, Chevrolet and GMC will be bringing every electric offering, marking their first Electrify Expo California stop. Verge Motorcycles joins the Electrify Expo roster and will have its California Edition, homage to the Californian way of life, available for demos and on display. Former professional NBA basketball player turned Los Angeles Clippers TV analyst, Corey Maggette will have a meet and greet on Saturday, June 21 from 1 p.m. to 2 p.m. at the Kia booth. The Electric Freestyle Motocross Stunt Zone will feature X Games Gold Medalist Destin Cantrell and his freestyle MX team, who will jump and soar with electric dirt bikes in thrilling live performances at select times over the weekend. Electrify Race League will host its championship event with the top athletes in e-mobility from across the nation for a thrilling series of competitions. Attendees will take the driver's seat in the newest electric vehicles from top automakers, including: Ford Lexus Lucid Tesla Toyota Volvo Cadillac Chevrolet GMC Kia Rivian Drako Motors Karma Automotive Top micromobility brands invite attendees to cruise around with the hottest e-bikes, e-scooters, e-motorcycles and other electric rideables on the market, including: Verge Motorcycles P-51 Bikes ONYX Motors Can-Am GoTrax SUPER73 Jack Rabbit Monday Motorbikes E-Z-GO … and many more! Electrify Expo's gates will open at 9 a.m. on Saturday, June 21 and Sunday, June 22, with the full day of festivities concluding at 5 p.m. Tickets are available for purchase in person and online. For the 2025 LA festival, Electrify Expo will offer two ticket options to suit every attendee's needs: General Admission Pass ($20): All day access to the festival and demo experiences. Power Pack ($55): The best of both worlds, early entry plus priority access for the ultimate experience. Media interested in attending may request credentials by emailing ee@ Companies interested in exhibiting at the 2025 Electrify Expo locations can visit About Electrify ExpoElectrify Expo is North America's largest electric vehicle (EV) and technology festival, where consumers come to shop and experience all things electric. The festival showcases the industry's leading brands and exciting startups through hands-on activations, demos and experiences spanning EVs, micromobility, solar energy, charging solutions, powersports, automotive aftermarket, and connected home technology, providing attendees with immersive learning opportunities and memorable interactions. From high-powered demo courses to engaging education zones, Electrify Expo offers a unique festival vibe for consumers to reshape what they think they know about EVs. In 2025, Electrify Expo's nationwide tour will visit Orlando, Phoenix, Dallas, Los Angeles, Seattle, San Francisco, Chicago and New York. To stay up to date on the latest news and announcements from Electrify Expo, visit and follow on Facebook, Instagram and YouTube. Media ContactSkyya PRee@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-04-2025
- Automotive
- Yahoo
Automaker unveils next-gen EV designed to eliminate major driving concern: 'We're building a range of vehicles'
Karma Automotive has officially unveiled the Amaris, a powerful extended-range electric vehicle (EREV) that's set to redefine expectations for sustainable luxury vehicles. According to Motor1, the vehicle's hybrid powertrain comes with a gas generator and a four-cylinder range extender to recharge its battery. These features help address concerns about battery-related limitations and make the EV reach an estimated top speed of 165 miles per hour. By integrating a range-extending engine, Karma Automotive aims to offer a balance between performance and practicality. Unlike traditional battery electric vehicles, the Amaris's range extender allows it to travel longer distances without solely relying on charging stations. This design helps address one of the most common concerns among consumers hesitant about EV adoption: range anxiety. It also offers a cleaner alternative to conventional gas-powered cars. The Amaris is expected to enter production in the fourth quarter of 2026. "With our gorgeous Amaris 2-door coupe and soon-to-be-revealed Gyesera 4-door, we're building a range of vehicles that will deliver exceptional EV torque and performance paired with worry-free cruising range, a combination that only EREV can deliver," shared Marques McCammon, president of Karma Automotive, in a press release. Beyond performance, EVs offer several advantages over gas-powered vehicles, including lower maintenance costs and reduced pollution. A study from MIT found that gasoline-powered cars release an average of 350 grams of carbon pollution per mile driven over their lifetimes. Meanwhile, EVs, which operate on batteries charged through the average U.S. power grid, reduce that figure to around 200 grams per mile. Moreover, a Reuters report found that with a Tesla Model 3, you only need to drive 13,500 miles to make up for the environmental costs associated with manufacturing gas-powered vehicles. Note that figures will vary depending on the EV's power source, if it's being recharged using power generated from coal or eco-friendly resources. As more automakers explore electrification, concerns about battery production's environmental impact still persist. Mining minerals like lithium and cobalt for EV batteries does have a significant environmental impact. However, according to the U.S. Environmental Protection Agency, studies show that the overall carbon pollution from EVs remains significantly lower than that of gasoline-powered cars. The transition to greener energy sources aligns with growing consumer interest in eco-friendly practices. If you were going to purchase an EV, which of these factors would be most important to you? Cost Battery range Power and speed The way it looks Click your choice to see results and speak your mind. If you're thinking of getting an electric vehicle, the benefits — like cost savings and lower environmental impact — can make it worth exploring. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Yahoo
31-03-2025
- Automotive
- Yahoo
Karma Automotive solidifies lineup with focus on energy range-extended powertrains
IRVINE, Calif. — In November 2023, Karma Automotive introduced the Kaveya coupe, a sleek electric vehicle pitched as the brand's halo model, launching an ambitious quest to go upmarket as an ultraluxury brand along with plans for a reimagined product portfolio. In the 16 months since, the Southern California company, which dates to 2014 when Chinese auto parts maker Wanxiang Group acquired some of the assets of bankrupt Fisker Automotive, has built out its future product lineup with three new nameplates, while shifting its focus from EVs to energy range-extended powertrains. And while the electric Kaveya remains in Karma's plans — the automaker said it'll launch in 2027 instead of 2026 — the brand is ready to execute, said Marques McCammon, the company's president. Want to keep up with the latest product planning news? Go to Automotive News' regularly updated database of product plans for brands that sell in the United States. Future Product Pipeline >5-year product timelines by brand > 'Everything right now is about what we do and what we deliver,' McCammon told a crowd inside the company's headquarters here on March 20. Karma, which McCammon likened to a grown-up startup during the presentation, took a pivotal step in late 2024 when it resumed output of the updated Revero sedan, an extended-range vehicle, at the automaker's Moreno Valley, Calif. Karma is now shipping about four Reveros a week out of the plant, McCammon told journalists, and should sell around 250 new vehicles in 2025. Pricing for the Revero sedan starts at $125,600 including shipping. Production of the Invictus, based on the Revero, is set to begin in the second quarter. The performance variant features carbon-fiber body panels, chassis upgrades and aluminum wheels. Pricing starts at $187,500 including shipping. The Gyesera sedan, first pitched as an EV, will now arrive as an extended-range vehicle, in the fourth quarter. It will be the Revero's successor. Karma said the change was in response to near-term market demand for EVs, which has softened. The Amaris coupe, which debuted March 20, will arrive in 2026. The Karma lineup will be rounded out by the Ivara crossover in 2028. Both the Amaris and the Ivara will have energy range-extended powertrains. The Ivara, which would be the automaker's first entry in the high-volume crossover segment, is critical to Karma's financial outlook. 'Our profitability is tied to Ivara, so 2028, 2029 is when we expect the business to be profitable,' McCammon said He said Karma's ownership remains committed to the brand and noted he meets with the board quarterly. McCammon said he's made it clear to the board that Karma will attract new capital and financial support from U.S. investors but declined to specify beyond equity markets. Sign up for the Automotive News Cars & Concepts newsletter, a weekly roundup of new and future product, design and auto show news. The Revero, with roots dating to the 2011 Fisker Karma, features a 28-kilowatt-hour battery pack along with a 1.5-liter turbocharged engine mated to an onboard generator for a total of 536 hp and 550 pound-feet of torque. It has an electric-only range of 80 miles and a total range of 360 miles. While details about the Amaris' powertrain and range have not been released, Karma said the coupe will use a turbocharged, four-cylinder engine as a generator. Ed Kim, chief analyst at automotive research firm AutoPacific, said Karma has an opportunity to use its energy range-extended powertrain knowledge to gain an advantage. The powertrain was ignored for a long time, Kim said, but that's changing with high-profile use cases such as the Ram 1500 Ramcharger and Scout Motors' Harvester extended-range EV energy system. 'All of a sudden, it's super relevant and they [Karma] happen to have it,' Kim said of the energy range-extended setup. 'That is their powertrain.' But how well-heeled consumers will respond to Karma remains to be seen. And Karma's product rollout is taking place just as a trade war unfolds and threatens to drive new-vehicle prices higher. Karma could see some impact despite its vehicles being built in the U.S. Analysts believe some exotic brands will be able to absorb the impact of U.S. auto tariffs because their customers often aren't deterred by higher prices. McCammon said if Karma were to raise prices to mitigate the impact of any tariffs, customers would generally be less sensitive to such changes but acknowledged the brand doesn't enjoy the legacy or history of some competitors, which means Karma models need to be a relative value proposition. McCammon is positioning Karma to be an ultraluxury U.S. brand and said it's an opportunity to return to a time 'where American ingenuity reigned atop the most prominent brands in the world,' pointing to Packard, Duesenberg, Cord and Auburn. Karma customers, who McCammon said are typically entrepreneurs or business owners, are familiar with established ultraluxury and luxury brands. A Karma might be a third, fourth or fifth vehicle in someone's fleet, he noted, with many of those customers also owning a Mercedes-Benz, Bentley or Aston Martin. Karma has 36 dealerships globally, including in the U.S., Canada, Europe and the Middle East. The company's sales goal for 2025 — about 250 — is modest, but McCammon told Automotive News that the brand still intends to eventually reach annual deliveries of around 5,000. 'At that point, we're solid and profitable and we're able to innovate the way that we want,' McCammon said. 'For us to get to that stability is about half of that. We don't need to do a lot. We just need to do what we do well.' Have an opinion about this story? Tell us about it and we may publish it in print. Click here to submit a letter to the editor.
Yahoo
21-03-2025
- Automotive
- Yahoo
Karma Lays Out Its (Optimistic) Product Plans Through 2028
Every couple of years we have to check in with Karma to see what they're doing. Now's a good time. Yesterday Karma unveiled yet another new model, a hybrid-electric coupe called the Amaris, based on the third-generation Revero architecture. I saw it at Karma headquarters in Irvine, California, and it looks nice. It's pictured above. It's hard to keep track of all this Karma stuff without a program, so here's a refresher. The current Karma Automotive came about when Henrik Fisker's Fisker Inc. went bankrupt in 2014, due to the bankruptcy of battery supplier A123 and Superstorm Sandy wiping out a bunch of finished Fiskers on a dock in New Jersey. The current Karma Automotive was founded when Chinese auto parts supply giant Wanxiang purchased the assets of Fisker Inc. at a bankruptcy auction. Are we clear on all that? Now have a look at the current and future Karmas, presented on a timeline from now till 2016 Karma Automotive began building a 'new' car called the Revero based on the bones of the former Fisker. In fact, it looked and drove like a Fisker. A few years ago it got a refresh. The Revero four-door four-seater is now in what Karma calls its third generation, with a 28-kWh battery good for not-quite-80 miles of all-electric range. But Karma makes only 160 Reveros a year at its assembly facility in Moreno Valley, California. Soon you'll be able to get a sportier version of the Revero called the Invictus, shown above, but they're only making 30 of that comes the Gyesera hybrid (Karma uses the term EREV for plug-in hybrid, meaning Extended Range Electric Vehicle). The Gyesera is yet another take on the Revero architecture, with four doors and a newer-looking body. Karma said yesterday that the Gyesera will be in production by the end of the year, also in Moreno Valley. The Gyesera four-door was previously shown as a battery-electric, but changing market conditions—i.e., lower-than-expected demand for EVs—forced a return to PHEV/EREV Amaris is the two-door coupe that was revealed yesterday at Karma HQ in Irvine. It will also be a hybrid, with its own take on the Revero architecture wrapped in a hot carbon-fiber body. It'll come out in the fourth quarter of 2026, Karma claims. You can see it at The Quail this summer, complete with an interior, a feature the model displayed at yesterday's program did not is Karma's electric super coupe, with 1,000 hp, 0-60 mph in 3.0 seconds, and a top speed of 180 mph. It even has a range of 250 miles, Karma says. It's going into production in 2027. Karma promises 'otherworldy presence forged by the American spirit,' as well as butterfly doors that 'open with a dramatic flair, reminiscent of a red-carpet arrival.'And finally, the Karma Ivara GT-UV (Grand Touring Utility Vehicle) will arrive in 2028. The Ivara sports near-SUV proportions. Karma says it establishes 'a new segment of multi-terrain capable vehicles, the GT-UV, or Grand Touring Utility Vehicle. Its signature Comet Line draws exotic proportions, projecting an otherworldly boldness unseen before in the ultra-luxury segment.' Will any of it happen? Who knows? Karma president Marcus McCammon, whom we've known since he was product manager of the Dodge Neon SRT-4 more than 20 years ago, says the Moreno Valley facility can make 15,000 vehicles a year when it has three shifts working. He expects Karma Automotive to become profitable by 2028 or 2029. And somehow Karma Automotive has carried on since the company's founding in 2014. Ya just gotta believe!
