Karma Automotive announced its first all-electric vehicle and the new GS series name

21 September 2020, 12:45:50

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. 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."

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