Karma queues up 3 vehicles for Shanghai auto show
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“Taken together, Karma’s Shanghai Big Three represents our transformation from an old-value car manufacturer to a company building long-term value in part by becoming an open-platform luxury high-tech automotive incubator,” Karma CEO Lance Zhou said in a statement.
Karma Automotive, headquartered in Irvine, Calif., was founded after the demise of Fisker Automotive, created by noted designer Henrik Fisker. The company’s sole product was the gasoline-electric Fisker Karma luxury car. Chinese supplier Wanxiang Group bought Fisker Automotive in a bankruptcy auction and put a revised version of the Karma back into production as the Revero in 2016.
Questions & Answers
Q.What is the key objective behind Karma's new vehicle debuts at the Shanghai auto show?
What is the key objective behind Karma's new vehicle debuts at the Shanghai auto show?
Karma hopes these three vehicles will help transform the company from an old-value car manufacturer into an open-platform luxury high-tech automotive incubator, building long-term value for the brand.
Q.How did Karma Automotive originate?
How did Karma Automotive originate?
Karma Automotive was founded after Fisker Automotive went out of business. The Chinese supplier Wanxiang Group bought Fisker in a bankruptcy auction and later put a revised version of its car back into production.
Q.Which specific vehicles will Karma be showing at the Shanghai auto show?
Which specific vehicles will Karma be showing at the Shanghai auto show?
Karma will debut a concept car developed with Pininfarina, the next-generation Revero electric car, and the Karma Vision concept. These are part of its 'Shanghai Big Three' presentation.
Q.Where are Karma's vehicles currently sold?
Where are Karma's vehicles currently sold?
The company's cars are sold through a network of 19 stores located across the U.S., Canada, and Chile. The article does not mention sales in other regions.
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