Press Release

Karma Automotive announces first all-electric vehicle and new GS Series name

Karma Automotive announced it will be introducing a new name for a family of vehicles in 2021 called the GS Series. The lineup will include updated electrification options, technological advancements and Karma’s first-ever battery electric (BEV) luxury sedan.

To facilitate orders, Karma created a new pre-reservation order site which is now live at http://www.karmaautomotive.com/reserve. For a fully-refundable $100 deposit, interested individuals can reserve a place in line. The GS lineup will retain the same exotic design of the Revero® to continue with the brand’s legacy but will include technological advancements and a price point that will help bring new customers into the brand.

“We are pleased to announce that Karma will now offer our first all-electric vehicle next year as part of the GS series,” said Dr. Lance Zhou, Karma’s CEO. “Cost reductions in the BOM, streamlining our supply chain and standardized production methods also allowed for a new, more attainable pricing structure for the GS lineup allowing for higher market penetration, opening up the market to a larger group of entry-level luxury buyers.”

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close