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Karma Automotive, California's First and Only Ultra-Luxury Automaker, Takes the Spotlight at Monterey Car Week with Three Milestone Announcements

Global Premiere of Karma Ivara "GT-UV" Design StudyGlobal Premiere of Karma Kaveya Super Coupe with Production-Ready InteriorGlobal Announcement of Bilateral

articleIntel CorporationAugust 16, 20243/company/intel-corporation/news/karma-automotive-californias-first-and-only-ultra-luxury-automaker-takes-the-spotlight-at-monterey-car-week-with-three-milestone-announcements
Karma Automotive, California's First and Only Ultra-Luxury Automaker, Takes the Spotlight at Monterey Car Week with Three Milestone Announcements

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[{"type":"text","content":"Global Premiere of Karma Ivara \"GT-UV\" Design StudyGlobal Premiere of Karma Kaveya Super Coupe with Production-Ready InteriorGlobal Announcement of Bilateral Collaboration with Intel AutomotiveCARMEL VALLEY, Calif., Aug. 16, 2024 /PRNewswire/ -- Today at The Quail, a Motorsports Gathering, Karma Automotive celebrates two Global Premieres: the Karma Ivara \"GT-UV\" Design Study, and the Karma Kaveya super coupe with production-ready interior. Together these vehicles telegraph the brilliant future of California's first and only ultra-luxury automaker.\n\n \n \n \n \n \n \n\n \nKarma Automotive, California's First and Only Ultra Luxury Manufacturer, Takes the Spotlight at Monterey Car WeekFurther, Karma Automotive has announced that the Karma Kaveya will be the first vehicle to be produced resulting from its bilateral collaboration with Intel Automotive. Due in 2026 with butterfly-doors and up to 1,000HP of pure electric power, Kaveya is expected to be the globe's first production vehicle built upon Software-Defined Vehicle Architecture (SDVA), co-developed with Intel Automotive, which will underpin all Karma vehicles from the Kaveya onward. In addition to deploying SDVA throughout its upcoming model range, together with Intel Automotive, Karma Automotive will benchmark, demonstrate and validate critical concepts for the advancement of open standards for SDVA that can be shared openly and commercially to support the transformation of the broader automotive industry.\n\"Auburn, Duesenberg, and Packard are Karma Automotive's inspiration because they harken back to an era we aim to repeat, an era when American ultra-luxury set the benchmark for the world, and when the steep prices they commanded were justified not only by the beauty and speed of their cars, but also their brains and engineering prowess found nowhere else in the industry,\" says Marques McCammon, President, Karma Automotive. \"The intellect of Karma's vehicles will be several steps ahead, creating distinctive, unique, and engaging automobiles which return a valid paradigm of value that's been absent from the ultra-luxury segment for nearly a century.\"\nKarma Automotive will first return to the marketplace in the 4th Quarter, 2024, with the 3rd Generation Karma Revero, offering just 150 examples priced from below $150,000 USD. Revero is the globe's first luxury plug-...

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