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Karma Automotive’s flagship store now accepts Bitcoin as form of payment

Green Car Congress

Karma Automotive, the Southern California-based creator of luxury electric vehicles and high-tech incubator, is using its flagship company-owned store in Newport Beach, Calif., Karma Newport Beach now accepts Bitcoin as a form of payment for new vehicle sales and service performed at the facility. —Karma CEO Dr. Lance Zhou.

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Karma to expand dealerships to 13 US cities, 19 countries by year-end

Green Car Reports

Karma, the company, is starting its effort in earnest to revive sales of its Revero—the car that started life as the ill-fated Fisker Karma. According to the federal government, Karma sold 231 of the cars in 2018, well down from the 2,667 that Fisker sold in the car's first year on the market.

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China EV maker Seres adjusts U.S. plan to fit reality

China EV

market plans. In April of 2018, it established a second Silicon Valley R & D center. Most recently, he has held various positions at Karma and Fisker , two EV startups with Chinese owners, albeit radically different types of Chinese owners. market, says Taylor. Seres faces a challenging market in China.

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