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    Karma Automotive Performance in 2025: Financials, Sales, Top Models, and Market Trends

    6 months ago

    Karma Automotive, a Southern California-based ultra-luxury electric vehicle (EV) company, celebrated its 10th anniversary in 2025 while expanding its portfolio with new hybrid and fully electric models. The company operates as a niche luxury automaker with a focus on handcrafted, innovative EVs and range-extended electric vehicles, serving markets primarily in North America, Europe, South America, and the Middle East. Financial Performance and Profitability Karma Automotive remains a niche player, selling around 100 vehicles per year on average, with total sales of approximately 1,000 units to date. The company reported steady operations with plans to scale production gradually as new models launch, though detailed public revenue and profit figures for 2025 are not available. Pricing for new models ranges from about $145,000 for updated hybrid sedans to “north of $300,000” for upcoming super coupe electric vehicles, reflecting a premium luxury positioning. Investments continue in next-generation battery electric vehicles (BEVs), range-extended EVs, and advanced connected vehicle technology including over-the-air updates and software-defined vehicle architecture. Karma expanded its technological capabilities by acquiring assets and personnel from Airbiquity, enhancing its telematics, cloud services, and vehicle connectivity platform. Vehicle Sales and Production The company manufactures vehicles in a 500,000-square-foot facility in Moreno Valley, California, employing a boutique, low-volume production approach. Current flagship and upcoming models include: Revero: Updated range-extended hybrid electric sedan with an electric range of about 80 miles and total range over 360 miles, priced around $145,000, available from 2024 onwards. Gyesera: Karma’s first full BEV sports touring sedan offering rear-wheel drive and approximately 250 miles electric range, priced near $190,000, launching late 2024. Kaveya: A full battery-electric super coupe available in versions delivering up to 536 horsepower and estimated 250+ miles range, with production starting in late 2025 and 2026, price exceeding $300,000. Amaris: Announced as Karma’s forthcoming luxury 2-door coupe, launching in Q4 2026 with sub-3.5 second 0-60 mph time and advanced carbon-fiber bodywork. Regional and Global Sales Performance Region Highlights North America Largest market with 22 dealerships, sales concentrated in U.S. luxury niche Europe Select market presence with premium positioning; expanding dealer network South America Emerging sales focus with targeted dealership partnerships Middle East Growing luxury EV demand supports Karma’s ultra-luxury offerings     Profitability and Cost Factors Focus remains on niche ultra-luxury segment, with high per-unit cost structure linked to handcrafted build, advanced materials, and technology integration. Cost control efforts coupled with technology investments in software-defined vehicle platforms and telematics aim to improve operational efficiency. Market positioning limits volume growth but supports high transaction prices and exclusivity. Debt and Liquidity Karma's financials are private, but company investments in R&D, manufacturing capacity, and technology acquisitions suggest ongoing capital commitment. Acquisition of Airbiquity’s assets enhances Karma’s software and telematics platforms, a strategic move to build sustainable competitive advantage. Best Selling Models: Overview and Highlights Model Highlights Revero Flagship range-extended hybrid sedan; $145,000 MSRP; 80-mile electric range Gyesera First full BEV sports touring sedan; 250-mile range; $190,000 MSRP Kaveya Upcoming full-battery electric super coupe; 536 hp; 250+ miles; launches late 2025/2026 Amaris Luxury 2-door coupe with advanced materials; launches Q4 2026; sub-3.5 second 0-60 mph acceleration     Weakest Performers and Segment Challenges Ultra-low sales volumes limit revenue scale and broader market penetration. Competition from established luxury EV makers and emerging startups puts pressure on pricing and differentiation. Supply chain and production scaling remain challenging for boutique manufacturers. Key Financial and Operational Metrics Metric Value / Trend Notes Total Vehicles Sold (to date) ~1,000 units Boutique volume, elite clientele Production Facility Size 500,000 sq. ft Located in Moreno Valley, California Pricing Range $145,000 - >$300,000 Reflects ultra-luxury segment New Model Launches 3 models 2024-2026 Includes BEV, range-extender, super coupe     Industry Outlook and Strategic Focus Karma aims to solidify its position in the ultra-luxury EV niche with expanded model lineup and advanced connectivity. Heavy emphasis on software-defined vehicles and cloud services to differentiate technologically. Growth strategy centers on selective global markets with rising luxury EV demand. Long-term focus on blending performance, sustainability, and exclusivity. Summary In 2025, Karma Automotive continues to build its ultra-luxury electric vehicle brand with a curated product range including hybrids, full electrics, and high-performance super coupes. Operating at a boutique scale, the company leverages cutting-edge technology, advanced manufacturing, and premium pricing to serve a niche luxury market. Strategic acquisitions and new model launches position Karma for gradual growth and enhanced innovation in the competitive luxury EV landscape. Sources Karma Automotive official news and press releases 2024-2025 Wikipedia page on Karma Automotive Industry reports and media coverage on Karma new model launches and technology partnerships Corporate announcements on acquisition of Airbiquity assets and software platform integrationkarmaautomotive+3  
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