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Karma Automotive Launches New Dawn Product Showcase At Auto Shanghai 2019

Vlad Poptamas

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Southern California-based Karma Automotive chose Auto Shanghai 2019, the world’s largest automotive show, to usher in a new era for the company and launch its New Dawn product showcase illustrating its immediate, mid-term and long-term future.

“This is the first major auto presence for Karma in China, and marks a significant moment by ushering in a new era for the company,” said Karma CEO Dr. Lance Zhou. “Today, Karma is ready to move forward with bold steps, a chapter we call our New Dawn.”

Karma’s New Dawn Features “Shanghai Big Three”
The luxury electric vehicle automaker punctuated its design, customization and high-tech engineering capabilities by presenting three new products, a trio Karma calls its Shanghai Big Three:

  • A new 2020 Karma Revero GT luxury electric vehicle: it’s fast, smart, stunning in design, and will be available for sale during the second half of this year. The new car offers improved technology, performance, interior and exterior options and customization capability. It features a TwinPower Turbo three-cylinder in-line engine supplied by BMW AG to power an on-board electric generator and enhance overall vehicle performance. Karma engineers created a world-class electric drive system that alongside a series of other technological advancements enables the new 2020 Revero to be as fast as it looks.
  • The Karma Pininfarina GT coupe: the first result of a partnership with Pininfarina, the iconic Italian design and engineering house. The Pininfarina team took a new 2020 Revero GT, retained the fundamental engineering parameters and then crafted a new body style, panels and interior, offering an alternative design interpretation. Typically, Pininfarina reserves the GT (Gran Turismo) designation for only in most exceptional in-house creations; this is the first time in its history that Pininfarina graced a collaborative project with its GT.
  • The Karma SC1 Vision Concept: a signpost to Karma’s future – one that recognizes and embraces full electrification. The roadster reimagines Karma design language for tomorrow and soon-to-come customization options, and shows the brand’s future direction based on full BEV offerings at the company’s core. The Karma SC1 Vision Concept features the best of some of tomorrow’s cutting-edge technologies with Karma’s distinctive take on integration. At the core of SC1 Vision Concept’s technological suite is a new infotainment architecture with 5G connectivity as well as a humanized communication system, which integrates touch, voice, eye, and graphical interfaces to enable seamless interaction with the roadster.

“Taken together, our Shanghai Big Three shows what Karma is today, what Karma can be tomorrow, and where Karma is heading in the future,” Zhou said.

Karma Is More than Just a Car Company
As part of its Value Forward business strategy, Karma is pursuing an “open-platform” philosophy to attract partners, technology and know-how, create efficiency and enhance long-term brand value. Karma’s luxury electric vehicle niche and in-house engineering resources offer innovators an excellent test bed to incubate, grow and prove their emerging technologies, creating opportunities for the company to generate new revenue streams for its customization and technology expertise.

“We are agile, nimble, and can move fast with a deep sense of urgency; that’s Karma’s big advantage,” he explained. “We will use partnerships with like-minded collaborators to accelerate our progress by acquiring and developing key technologies important to connectivity, performance, artificial intelligence, shared mobility platforms and electrification.”

Zhou’s plan is fueled in part by partners like Pininfarina whose design expertise helps the company accelerate product development, differentiation, and personalized customization that allows every Karma to be special. Pininfarina is attracted to Karma, Zhou added, because its luxury electric vehicle platform can help advance their growth strategy in North America, especially after opening a new design center in Los Angeles.

“This kind of collaboration illustrates Karma’s open-platform philosophy,” Zhou said. “Partners can use our product platform as an incubator to test and prove their new innovations, and likewise, our engineering and design resources can be offered to help other partners advance their needs. So, yes, Karma is a car company but Karma is not just a car company.”

Growing Good Karma
The Karma Automotive story started in 2014 when The Wanxiang Group, a multinational automotive components manufacturing company with headquarters in HangzhouZhejiang province, China, founded the business. Today, Karma employs nearly 1,000 people across four sites:

  • Global Headquarters: Irvine, Calif.
  • Karma Innovation & Customization Center: Moreno Valley, Calif.
  • Detroit Technical Center: Troy, Mich.
  • Karma China Design & Engineering Center: Hangzhou, China

“We have the advantage of private equity backing from extremely supportive owners who are allowing us to grow the business progressively and smartly,” Zhou said. “We are focused on a gradual, but progressive rollout strategy aimed at putting the building blocks of a car company in place – a growing dealer network, committed supply chain, craft center and a talented workforce.”

By establishing Karma in the U.S. first – the world’s most demanding luxury market – Zhou said he believes the company can succeed anywhere. “Karma will be live in Europe and the Middle East next year and then Asia,” he added. “We will be in China by 2021. By gradually expanding our presence this way I am confident our company – and our products – will be well prepared for the discerning Chinese luxury buyer of the future.”

The Karma Innovation and Customization Center (KICC)
Karma chose to headquarter and build a craft production facility just 60 miles from its global headquarters in Irvine, Calif., to purposely and meticulously build one-of-a-kind cars..

Representing a total investment of more than $100 million, Karma’s innovation and customization hub first came to life in 2015 and now comprises the very latest in automotive technology and tooling over a sprawling 556,000 square feet under one roof in Moreno Valley, Calif.

“The name, Karma Innovation and Customization Center, reflects our future focus and growing skillset centered on innovation, customization and technology integration,” Zhou said. “KICC’s skilled workforce take great pride in delivering distinctive luxury electric vehicles with world-class design, technology and personalization.”

Karma’s exclusive design and craftsmanship allows it to take customization to a new level enabling every Revero to be special, and supports a fundamental commitment to unrivaled customer treatment. KICC will also house a VIP Customer Experience Center offering every Karma owner a personalized look into the company’s focus on luxury, high technology, customization and special treatment.

California’s Shining Star
With the Shanghai Big Three, especially the new 2020 Revero GT, Karma seeks to firmly establish itself as an authentic and credible player in the luxury electric vehicle segment – the only automaker, Zhou notes, who is actually designing, engineering, marketing and handcrafting vehicles in Southern California.

“While many other business have left our region in search of less regulation and easier paths,  Karma chose to do business in California for the long term,” Zhou said. “Karma and California are united in spirit. This is home to innovators, entrepreneurs and big thinkers; a land where anything is possible and where the next generation of luxury will come from. That’s why I want Karma to become California’s shining star.”

Editor’s Note: The larger design, customization and engineering story behind the new 2020 Karma Revero GT, Karma Pininfarina GT and Karma SC1 Vision Concept can be found at the Karma Newsroom:www.karmanewsroom.com

Meet Karma Automotive and Karma Revero
Karma Automotive designs, engineers, and markets luxury electric vehicles, all from its Southern California base of operations. Founded in 2014 and employing nearly 1,000 people worldwide, Karma Automotive is committed to elevating and growing the luxury mobility experience for its customers and draws on global relationships and technology partners to achieve this. The Karma Revero is a luxury electric vehicle powered by dual electric motors that embodies Karma’s goals of offering leading automotive design, technology, customization and an outstanding customer experience. Every Revero is created with great individual care and world-class craftsmanship at the Karma Innovation and Customization Center in Moreno Valley, Calif.

 

SOURCE Karma Automotive

Artificial Intelligence

Europe AI in Social Media Market By Component, By Technology, By Organization Size, By Application, By End User Industry, By Country, Competition, Forecast & Opportunities, 2025

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New York, July 01, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Europe AI in Social Media Market By Component, By Technology, By Organization Size, By Application, By End User Industry, By Country, Competition, Forecast & Opportunities, 2025” – https://www.reportlinker.com/p05916824/?utm_source=GNWClare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

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ABQQ Announces Plan of Opening its North America Operation Offices in NYC in October 2020

GlobeNewswire

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HONG KONG and NEW YORK, July 01, 2020 (GLOBE NEWSWIRE) — AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm announces its North America operation offices will be opening in October 2020. The North America operation office will be located in New York City, and will be headed by the Chief Investment Officer, who will be recruited in NYC. The office will be operating the company’s main business: acquisitions in IP and film copyrights; also planning to provide TV dramas and films to broadcast on video streaming websites worldwide, starting December 2020.
About AB International Group Corp. 
AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged to acquisition and distribution of movies. The Company has a Patent License to a video synthesis and release system for mobile communications equipment, in which the technology is the subject of a utility model patent in the People’s Republic of China. We had launched a business application through smartphones and official social media accounts based on WeChat platform in February 2019, utilizing Artificial Intelligence, it is a matching platform for performers, advertiser merchants, and owners for more efficient services. It generates revenues through an agency service fee from each matched performance.

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LSU CS Professor Studies COVID-19 Disparities on Social Media

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BATON ROUGE, La., July 01, 2020 (GLOBE NEWSWIRE) — During the COVID-19 pandemic, a plethora of information has gone out from various news sources about how the virus is being tracked, how it is spread, how many cases exist, and so forth. The problem is much of this vital information can be inaccurate, leaving people to ignore advice from public officials. For this reason, LSU Computer Science and Engineering Assistant Professor Kisung Lee and LSU Environmental Sciences Professor Nina Lam are evaluating how a population reacts to multiple sources of information, hoping to eliminate disparities in the messaging.“Studying different COVID-19 responses to trustworthy information will contribute new perspectives and improve our fundamental understanding of the human aspects of information trustworthiness during a pandemic,” Lee said.Lee, principal investigator on the project, and Lam recently received a $200,000 grant from the National Science Foundation for the project and will have University of Washington Center for Studies in Demography & Ecology Director Sara Curran and Cybersecurity Research Fellow Jessica Beyer work alongside them.Lee will collect and analyze Twitter and linked media data using artificial intelligence-based techniques; Lam will map the data into administrative regions and analyze the data geographically (state- and county-level comparisons); and Curran and Beyer will collect policy and media source trustworthiness data and analyze it with other contextual information, such as media framing. Data will be collected and analyzed in Louisiana and Washington.They will collect three waves of Twitter and associated data to compare sentiment and language use patterns among users and analyze how these characteristics evolve through the recognition of the emergency, the peak of the crisis, and the mitigation of the pandemic in the U.S. The tweets and entities will be classified for relevance (individual, organization, or bot) with derived age and location. The tweets will be associated with daily disease-specific rates and annual demographic and socio-economic information.“Data about the surrounding information context, including reporting trends and framing of the crisis, sources of health information, and information-seeking behavior about COVID-19, will provide tools for assessing the validity and reliability of our inferences about the patterns of sentiment and language use,” Lee said. “This project will provide insight for targeting effective public messaging by public health and government officials during a crisis and ultimately improve disaster resilience.”Like us on Facebook (@lsuengineering) or follow us on Twitter and Instagram (@lsuengineering).​Josh Duplechain
LSU College of Engineering
225-578-5706
josh@lsu.edu

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