2020 Karma Revero Plug-In Hybrid Teased Ahead Of April Debut

KARMA AUTOMOTIVE UNDERLINES Commitment TO NEW
Solution Progress IN CALIFORNIA WITH
MULTI-MILLION Dollar Expenditure IN COMPANY’S Long run

– KARMA INVESTS Practically $7.5M FOR NEW Check LABS
– Features GLIMPSE OF ALL-NEW 2020 Luxury Electric REVERO
– KARMA Staff Celebrate 5-12 months ANNIVERSARY

IRVINE, Calif. (March 14, 2019) – Southern California-centered automaker Karma Automotive
celebrated its 5-12 months anniversary by continuing important investments in its U.S. functions and by
sharing a glimpse of an all-new 2020 Revero luxury-electric powered motor vehicle.

New Powertrain Test Labs Set up at Karma’s Global Headquarters
Karma’s hottest expenditure of nearly $7.5M resulted in the installation of a new suite of point out-ofthe-art powertrain check labs at the company’s world headquarters in Irvine, Calif. The new
tools strengthens Karma’s in-property engineering abilities as the automaker readies for a
time period of immediate new item introductions.

The company’s powertrain engineers will use the labs as a testbed for a wide range of productdevelopment actions such as analyzing the performance and sturdiness of electrical motors,
turbines, and vary-extended powertrains. These new in-house means strengthen Karma’s
products enhancement process by enabling it to go faster whilst cutting down engineering costs considering the fact that
it won’t have to use or depend on outdoors labs for this type of function.

The new devices incorporates a traction dynamometer, electric powered motor dynamometer, and an
motor/generator take a look at cell used to examine powertrain optimization. As section of a continued
employment drive throughout the firm, the Karma Powertrain Engineering section will
guidance the new dynamometer labs with added resources and will be thoroughly operational by midyear. Karma’s Powertrain Lab could inevitably improve to turn into a new earnings centre for the
company given the large demand among the a variety of industries for this kind of state-of-the-artwork screening
facility.

“These new capabilities will assistance Karma pace up our product or service progress procedure, lead to much better
effectiveness and durability and defend the mental assets that’s critical to our good results,” Zhou
claimed. “This expenditure reveals our commitment to implementing Karma’s vision of starting to be a
luxurious automaker driven by know-how and innovation.”

All-New 2020 Karma Revero

Karma currently also launched a glimpse of its all-new next generation luxurious electrical Revero,
accessible for sale or lease during the next half of this 12 months. The new 2020 Revero claims to
be a lot quicker, smarter, and even additional breathtaking in design and style than its predecessor.
The all-new Revero, together with Karma’s Pininfarina-built concept motor vehicle and its all-electric
Eyesight idea, will type the automaker’s “Shanghai Massive Three” solution announcement at Auto
Shanghai 2019. Taken collectively Karma’s Shanghai Major A few merchandise displays the automaker’s
shorter, medium and extended-time period eyesight.

“Karma is a luxurious vehicle organization, born in California, which is pushed by exceptional structure and
craftsmanship, superior technologies, customization and providing only the quite very best shopper
expertise,” explained Karma CEO Dr. Lance Zhou. “We now have a eyesight and roadmap for the
business which is creating powerful momentum and I can confidently say our greatest times are in advance of
us.”

Karma Celebrates Fifth Anniversary

The announcement arrived in time for the just about 1,000 Karma staff to rejoice the
company’s fifth birthday. The automaker’s tale, and that of its Revero, started out in 2014 when
Wanxiang Group, 1 of China’s premier multinational automotive components producing
firms, launched the Karma Automotive business.

“We have a solid merchandise approach that spans the future decade and associations with the right partners
who are assisting us speed up technological know-how and product or service development,” mentioned Zhou. “Since 2014,
Karma has been quietly making a whole price chain and arranging a powerful relaunch now, we are
completely ready to notify every person: Karma is again!”

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