Connect with us

Technology

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

Published

on

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 Automotive

CARMEL 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.

Karma Automotive, California’s First and Only Ultra Luxury Manufacturer, Takes the Spotlight at Monterey Car Week

Further, 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.

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.”

Karma 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-in hybrid and utilizes Karma’s E-REV (Energy-Range Extended Vehicle) powertrain, an appealing option for an Original Equipment Manufacturer (OEM) amid potential, near-term fluctuations in client and market demand for pure Electric Vehicles (EV).

“While the Karma Kaveya will be a pure EV, the Karma Ivara is being developed as either a pure EV, or an E-REV, potentially with a charge port aft of the front driver’s side wheel, flanked by a gasoline cap on the other,” says McCammon. “Karma Automotive can adapt its powertrains quickly and nimbly in response to the shifting demands of our clients and the marketplace, further ensuring our longevity and success.”

Global Premiere: Karma Ivara “GT-UV” Design Study
The Karma Ivara Design Study establishes a new segment of multi-terrain capable vehicle, the “GT-UV,” or Grand Touring Utility Vehicle, delivering a dramatic four-seater concept unseen before in the ultra-luxury segment, or anywhere else.  

Karma Automotive’s signature Comet Line draws exotic proportions, spanning the entire width of the Ivara to accentuate the steeply-raked windshield, tracking around the cabin, then continuing through the widest point of the rear fenders. The secondary Comet Line separates the all-black upper cabin section with full panoramic roof from the lower body, the Ivara capturing a visual tension resembling an arrow drawn back in its quiver, ready to launch. The Ivara’s front fascia reflects the new face of Karma Automotive, lacking a traditional grille with concealed headlamps, its low nose and hood emulating a supercar stance, its fast rear glass reiterating its driver-focused purpose.  

Utility is also within Ivara’s remit, as demonstrated by its protective matte undertray finished with self-healing paint, achieved through microscopic segments which create a rebound effect from lesser impacts.

Global Premiere: Karma Kaveya with Production-Ready Interior
Presently undergoing development testing and anticipated for 2026, the Karma Kaveya is draped in carbon fiber bodywork with butterfly doors, offering up to 1,000HP of pure electric power with estimated pricing from $300,000 (USD). At Monterey Car Week, the Kaveya’s production-ready interior breaks cover, demonstrating the company’s fastidious attention to detail and exceptional capability for personalization.

The central hallmark of Karma Automotive’s new design language is the Comet Line, which forms a wake from the Kaveya’s nose through its bonnet, enshrouding its cockpit then tapering downwards to its conclusion through the butterfly doors, capturing an aura akin to a stealth jet. Its interior, evocative of spaceflight, is built to suit each client’s every demand in concert with Karma Design, and Kaveya’s interior atmosphere will benefit from the first-ever in-car audio system by luxury audio brand, Master & Dynamic.

The interior of the Karma Kaveya as specified for its Global Premiere draws inspiration from Alchemy; the interaction of interior surfaces and textural contrasts between gloss black, suede and leather, punctuated by metallic elements that quietly shimmer orange and blue, as if fired in a kiln.  Midnight blue leather produced in partnership with Bridge of Weir conjures the vastness of outer space, completing a cohesive narrative from the Kaveya’s exterior Comet Line and “Interstellar Silver” paintwork through to its interior. Non-essential displays remain hidden until summoned, following a “reductionary” approach that enables the driver to remain focused on the pleasure of driving.

Global Announcement: Bilateral Collaboration with Intel Automotive, Software-Defined Vehicle Archtecture (SVDA) Explained

Karma Automotive has announced its bilateral collaboration with Intel Automotive to co-develop Software Defined Vehicle Architecture (SVDA). 

Since the invention of the automobile in 1888, its architecture has remained relatively unchanged: powertrains have become more powerful and efficient, and vehicle safety has greatly improved, but the format has stayed largely the same. With the addition of each new feature from fuel injection and power windows to air-conditioning and Advanced Driver Assistance Systems (ADAS), today’s vehicle typically has over 100 Electric Control Units (ECUs), each delivering a single function, requiring over a mile of copper cabling to connect. Layer upon layer has been piled atop a foundation which can no longer support the future of the automobile. The solution can be found in the Information Technology (IT) industry, which long ago moved away from single function devices to high-performance computing systems where multiple workloads run on a single, centralized system. Similarly, SVDA looks at the vehicle systems as a whole, and allows for the seamless movement of workloads between software-defined central “compute” systems and software-defined zonal “compute” sub-systems, ensuring maximum flexibility, optimal cost and performance with significant energy efficiency benefits.

As an example, many EVs – even when switched “off” – support a feature that still monitors the external cameras for security threats or to recognize the driver as they approach. Typically, this feature is supported on the vehicle’s in-cabin “compute” subsystem, which due to its high-power consumption, puts unnecessary drain on the battery even when the vehicle is off. This workload doesn’t have to stay resident on the software-defined central “compute” system. Using Intel’s software-defined zonal controllers to handle camera streams, data center application orchestration concepts can be embraced and migrate the workload to a lower-power device (in this case the zonal controller) and wake the central compute system only when needed. It would save energy, improve efficiency and reduce the total number of electronic control units (ECUs) in the vehicle by consolidating workloads dynamically onto a software-defined zonal controller.

About Karma Automotive
Karma Automotive is California’s first and only ultra-luxury automaker, manufacturing electric and E-REV (Extended Range Electric Vehicles) at its production facility in Moreno Valley, CA, with its executive and design headquarters in nearby Irvine, CA. The Karma portfolio embodies California’s spirit of innovation and entrepreneurial boldness, reflected by the signature Comet Line which is the central hallmark of Karma’s new design language. The 3rd Generation Karma Revero sport sedan, the world’s first luxury plug-in hybrid, will be introduced in 4th Quarter 2024, offering luxury balanced with conscientiousness delivered without compromise. The Gyesera four-seater is anticipated in 2025, and in 2026, the Karma Kaveya super coupe, with up to 1,000HP and butterfly-doors, will arrive. In August, 2024, Karma Automotive announced its bilateral collaboration with Intel Automotive to co-develop Software Defined Vehicle Architecture (SDVA) which will underpin its upcoming vehicles beginning with the Karma Kaveya. Further, Karma Automotive will provide Tier 1’s and Original Equipment Manufacturers (OEMs) with business-to-business SDVA solutions, as it does today with Karma Connect, its proprietary Vehicle Data Management and Over the Air services platform, which presently provides services to the world’s second largest OEM. Karma Automotive’s dealer network spans North America, Europe, South America and the Middle East.

About Intel
Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

© Intel Corporation. Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.

(www.karmaautomotive.com) 

Media Contact:
Joe Richardson, (917) 716-6617
Joe@BeautifulNoisePR.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/karma-automotive-californias-first-and-only-ultra-luxury-automaker-takes-the-spotlight-at-monterey-car-week-with-three-milestone-announcements-302224063.html

SOURCE Karma Automotive

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

CIEBON Chooses Centric PLM to Streamline and Align Teams

Published

on

By

Fast-growing fashion company adopts Centric PLM to support rapid company expansion

CAMPBELL, Calif., Jan. 7, 2025 /PRNewswire-PRWeb/ — Centric Software® is pleased to announce that CIEBON, the fashion company has selected Centric PLM™ to boost collaboration and speed to market. Centric Software provides retailers and brands the most innovative end-to-end product lifecycle enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, footwear, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals.

When we saw that first Centric PLM demo, it was pretty clear that’s what we were missing and what we needed to keep growing.

Based in Los Angeles, California, CIEBON was established in 2021. This contemporary womenswear brand seamlessly merges modern femininity with effortless chic, from dresses to sportswear. Showcased in seasonal collections, CIEBON stands out for its unexpected details and luxurious fabrics, offering a curated selection of statement pieces and elevated ready-to-wear designs. The brand’s collections are available in upscale boutiques, department stores and online.

Daniel Banaga, Creative Director at CIEBON describes how the growth of the business outpaced the growth of the team. Banaga described the tools they used when the company first started as ‘rudimentary’. “We had to learn all the technical know-how and how to do all the integrations with our ERP system. That took a lot of time away from building the business and focusing on the brand,” he explains. Implementing Centric PLM will allow for freedom of tedious tasks shifting focus to collection inspiration and design enabling overall growth of the business.

The brand is renowned for creating custom fabrics with vivid prints and in-house embroidery designs. Banaga explains, “We develop all our embroidery in-house and having a material library for base fabrics and artwork in our colorways will be an incredible asset. It allows us to revisit past designs and reinvent them in fresh, new ways—it’s truly a game changer. With these essentials organized in our PLM, creating new designs or updated versions of existing ones will be seamless and efficient.”

Founder and CEO Charlene Xie says, “I wanted things in a very particular way to offer unique, colorful pieces made with rich fabrics. We are grateful boutiques and retailers appreciated that and it is why we’ve grown so quickly.” It was this growth that propelled the company to look for a PLM solution.

CIEBON identified bottlenecks and misaligned communication as significant pain points. Banaga shares, “Fashion is so time sensitive that if you’re not organized and don’t have all your ducks in a row, you end up suffering the consequences at some point—immediately or down the road. Having a reliable source of information is critical. With our small team moving quickly, effective communication can be a challenge. We needed a centralized system to ensure accurate, up-to-date information and track changes and progress seamlessly. That level of visibility is critical for staying aligned and driving our work forward.” Banaga continues, “One of the main draws for us was the Centric vendor portal. With overseas suppliers, communication over email can get muddied. We needed the ability to see what’s happening on the vendor’s side and to track the progress and changes…Being able to communicate all the changes and all the comments, especially to our vendors—fabric mills and garment companies—is huge. There are numerous collaborations that need to happen. Every minute counts when it comes to what we’re doing. Being organized is key.”

CIEBON did the research and found Centric Software to be an expert in the PLM industry. Banaga says, “When we saw that first Centric PLM demo, it was pretty clear that’s what we were missing and what we needed to keep growing.”

President of Centric Software Fabrice Canonge says, “We are proud to welcome CIEBON, an exciting, emerging fashion brand, to the Centric Software community. They are poised for huge growth and Centric PLM is the perfect tool to enable that growth by organizing data, improving collaboration with vendors and speeding time to market, leaving them to focus on creativity and innovation.”

Learn more about Centric Software

See Centric AI-Powered Solutions in action at NRF 2025, Booth #6257

CIEBON (http://www.ciebon.com)

CIEBON is a Los Angeles based and Asian owned contemporary womenswear brand that blends modern femininity with effortless chic. Presented in seasonal collections, the brand features unexpected detailing and lush fabrics in a range of statement pieces and elevated ready-to-wear.

Media Contact

Aurore Evee, Centric Software, +16479155377, aurore.evee@centricsoftware.com, www.centricsoftware.com

View original content to download multimedia:https://www.prweb.com/releases/ciebon-chooses-centric-plm-to-streamline-and-align-teams-302344594.html

SOURCE Centric Software

Continue Reading

Technology

Dreame Technology Stuns CES 2025 with Innovative Technologies Including Its Groundbreaking Bionic Multi-Joint Robotic Arm Technology and a Full Range of Products Such as the X50 Ultra

Published

on

By

LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — The highly anticipated International Consumer Electronics Show (CES 2025) officially kicked off. Dreame Technology, a leading name in high-end consumer electronics and smart manufacturing, made a striking debut with the theme “All Dreams in One Dreame.” At CES 2025, the company unveiled its comprehensive ecosystem of advanced products, including robot vacuum, wet and dry vacuums, cordless stick vacuums, cordless robotic pool cleaners, and multifunctional hair drying and styling systems. With this impressive lineup, Dreame showcased its cutting-edge smart technologies, redefining the possibilities of innovative living for consumers worldwide.

Strengthen the Core Technology Barriers and Create a New Benchmark in the Robot Vacuum Industry

As a technology benchmark in the smart home appliance industry, Dreame Technology firmly believes that “core technology is the foundation of everything.”  Dreame Technology has continuously broken through and innovated, introducing many industry innovations such as Robotic Flex Arm, VersaLift, and Automatic mop removal technology.

Among them, the most noteworthy is Dreame Technology’s first robotic vacuum cleaner with an automatic arm capable of changing and using different cleaning tools. This design incorporates Dreame Technology’s first bionic multi-joint robotic arm technology and cleaning tool accessory compartment. The bionic multi-joint manipulator with four joints mimics a human hand, seamlessly integrating features similar to shoulders, elbows, wrists, and fingers. It stretches up to 30cm from the machine’s edge, effectively extending its cleaning reach. By being equipped with a self-developed structured light RGB module, the robotic arm can deeply perceive and detect the environment based on AI algorithms and return to the base station to change cleaning tools according to different scenarios and dirty needs to complete various cleaning tasks.

Another innovative Multi-Mop Replacement Dock adopts a new base station structure, which accommodates up to 3 sets of mopping cloths and supports the automatic replacement of mops at the base station. Users can customize different mops for specific areas based on personal preferences and household habits to achieve dedicated mop use in specific zones, thereby effectively avoiding the cross-use of mops in the bathroom, kitchen, living room, bedroom, and other spaces, making it more hygienic and cleaner. Additionally, the system comprehensively upgrades the drying method, adopting a dual air duct design, which can dry 3 sets of mops simultaneously, making it more efficient and time-saving.

Revolutionary Multi-Category Innovations Lead the New Trend in Smart Home Appliances

In the smart cleaning category, the X50 Ultra robot vacuum was one of the most eye-catching products at the Dreame Technology booth, winning many awards, including the CES 2025 International Breakthrough Award. It is equipped with Dreame Technology’s world-first robotic retractable legs technology, which can achieve a maximum obstacle crossing height of 6cm*. At the same time, it also features VersaLift, Dual Flex Arm Technology, and other technologies, elevating the cleaning performance of sweeping robots to a new level.

H15 Pro Heat wet and dry vacuum equipped with Dreame Technology’s GapFree™ AI DescendReach Robotic Arm technology achieves no cleaning dead zones and no water residue. When the wet and dry vacuum senses an edge, the AI smart lifting robotic arm will adaptively press down and quickly stick to the edge to complete the corner cleaning.  Z30 Smart Sensor cordless stick vacuum supports the smart sensor dirt function. Dreame Technology’s self-developed 150,000RPM high-speed digital motor delivers peak suction power of 300AW and a runtime of up to 90 minutes.

For outdoor cleaning scenarios, Dreame Technology has launched the Z1 Pro cordless robotic pool cleaner, whose innovative PoolSense™ technology can intelligently recognize the shape of the pool, enabling optimized zoning and S-shaped cleaning routes to improve cleaning efficiency. Based on LiFi communication technology, users can use a remote control to communicate with the swimming pool robot underwater in real time, assign cleaning tasks, and easily complete various cleaning needs.

On the other side of the booth, the newly launched Airstyle Pro Multifunctional Hair Drying & Styling System also garnered considerable attention from visitors. It is a salon-grade styler that integrates seven functional accessories for blow-drying, curling, straightening, and more.

Dreame Technology’s full ecosystem debut at CES 2025 highlights its remarkable breakthroughs in cutting-edge technology.

About Dream Technology

Established in 2017, Dreame Technology is an innovative consumer product company that focuses on smart home cleaning appliances with the vision to empower lives through technology. Follow us on FacebookInstagramTikTok and Twitter.

For more information, visit https://www.dreametech.com/.

*6cm: The 6cm refers to the height of the two steps. A single obstacle is 4.5cm high, and a single climbing mat’s crossing height is 1.5cm. Based on our in-house lab testing, actual results may vary depending on environmental factors.

View original content:https://www.prnewswire.co.uk/news-releases/dreame-technology-stuns-ces-2025-with-innovative-technologies-including-its-groundbreaking-bionic-multi-joint-robotic-arm-technology-and-a-full-range-of-products-such-as-the-x50-ultra-302344352.html

Continue Reading

Technology

Lower Acquires Neat Labs, Launches LowerOS to Transform Digital Mortgage Experience

Published

on

By

COLUMBUS, Ohio, Jan. 7, 2025 /PRNewswire/ — Lower, a leading digital mortgage lender, today announced its acquisition of Neat Labs, a company renowned for its end-to-end mortgage origination software. Lower will integrate Neat Labs’ proprietary software into LowerOS, a comprehensive, cloud-based mortgage platform designed to deliver a world-class borrower experience and reduce the time and cost to produce a loan.

Founded in 2015, Neat Labs developed a cutting-edge platform that streamlines the mortgage process from pricing to loan approval and closing. Neat Labs originated over $1 billion in loans, taking borrowers from application to funding in as little as 10 days.

The introduction of LowerOS marks the beginning of a new era in mortgage technology, letting borrowers and loan officers collaborate like never before. Through LowerOS borrowers will have self-serve access to Neat Labs’ advanced underwriting engine letting consumers select the best loan product and payment plan they qualify for. LowerOS also automates many of the time-consuming tasks in the mortgage process, reducing the time and cost for borrowers to get a loan and giving Lower’s nationwide network of loan officers more time to spend guiding each client.

“We’re thrilled to bring Neat Labs into the Lower family. Their technology is the foundation of our next chapter,” said Dan Snyder, CEO and Co-Founder of Lower. “Since our inception, we’ve combined cutting-edge technology with an elite level of customer service. With LowerOS, we are once again revolutionizing the mortgage industry, offering unmatched operational efficiency and an intuitive, frictionless experience for both borrowers and loan officers.”

Steve Herschleb, Co-Founder and Chief Technology Officer (CTO) of Neat Labs, will join Lower as the company’s new CTO. Herschleb, who has extensive experience in developing scalable mortgage technology systems and previously served as Chief Product Officer at Maxwell, will play a critical role in the development of LowerOS.

“LowerOS will change the way consumers think about getting a mortgage whether they are buying a new home, refinancing to reduce their monthly payments or tapping the equity in their home to consolidate debts or pay for a major life event like that overdue home remodel,” said Herschleb. “With LowerOS, borrowers can get approved significantly faster than they can today. It’ll make getting a mortgage feel more like a car loan or a credit card.”

With this acquisition and the introduction of LowerOS, Lower continues to redefine the mortgage experience by combining advanced technology with a focus on delivering exceptional value and efficiency.

About Lower
Founded in 2014, Lower is the 28th largest home lender in the country, and backed by Accel Partners, SoFi, and Veritex Bank. Lower operates a digital platform that meets customers both online through its website, and offline though its distributed retail branches. Committed to being the best lender for both originators, and consumers, Lower is redefining home finance one home at a time.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lower-acquires-neat-labs-launches-loweros-to-transform-digital-mortgage-experience-302344515.html

SOURCE Lower, LLC

Continue Reading

Trending