PRESS RELEASE – Park Place Adds Karma to Line Up Of Brands

PARK PLACE PREMIER COLLECTION ADDS
KARMA AUTOMOTIVE TO ITS SELECTION OF LUXURY BRANDS

August 2nd, 2019

Photos courtesy of Karma Automotive

IRVING, Texas (August 2, 2019) -- Park Place Premier Collection, part of the Park Place Dealerships group, has added Karma Dallas to its selection of luxury brands on Lemmon Avenue. Karma Automotive chose Park Place because of its 32 years of luxury automotive experience as Karma looks to expand their specialized retailers in several key U.S. markets.

“Karma is an electric brand with their sights set on growing the luxury mobility experience,” said Ken Schnitzer, Chairman of Park Place Dealerships. “The release of the 2020 Revero GT luxury electric vehicle this year and then the all-new fully-electrified global platform in 2021 will appeal to our client base who enjoy impressive engineering and design. Dallas is one of only 18 Karma dealers across the United States and is poised to electrify high-performance drivers across Dallas/Fort Worth.”

Photo courtesy of Karma Automotive

By establishing Karma in the U.S., the world’s most demanding luxury market, Karma CEO Dr. Lance Zhou says he believes the company can succeed anywhere.

“To win in our luxury electric vehicle niche, it’s not enough to simply offer a great product and owner experience, we must also be sure we establish distribution points in the right places,” said Zhou. “By gradually expanding our presence this way I am confident our company – and our products – will be well prepared for the world’s discerning luxury buyer of the future.”

Based in Southern California, Karma Automotive designs are rooted in the nature around them. Karma’s vehicles offer timeless design powered by electricity, fuel and the sun. Their vehicles are unapologetically conspicuous in their beauty and uncommonly light in their footprint. Which offers an unparalleled ownership experience, focused on the discerning buyer.

Karma Automotive currently offers the 2019 Revero, the ultimate plug-in hybrid sedan, at a starting price of $130k. The Revero contains a 403-horsepower electric motor and a 235-horsepower generator to charge the mid-mounted lithium-ion battery. The solar roof of the Revero isn’t just for show. It was developed to charge the 12v battery as well as the high-voltage battery, adding to the electric range. Mother Nature will provide enough power for 500-1000 miles per year.

Photo Courtesy of Karma Automotive

Later this year, Karma will start delivering the updated 2020 Revero GT. The GT offers similar capabilities as its predecessor, while boosting its electric driving range to 80 miles and extending to 380 miles with the highly efficient three-cylinder onboard generator.

Karma combines stunning design and a dominant presence with their electric vehicles. This is truly present in the badges of each vehicle, all of which are painted by hand and set in a precision-machined ring of aluminum. Look closely and you may notice some subtle differences between each unique piece, so every car made is truly one of a kind.

Karma will be featured at the 3rd Annual Park Place Luxury & Supercar Showcase on September 28 from 10 am – 4 pm at the Four Seasons Resort and Club Dallas in Las Colinas. Tickets start at $25 each and are available at LuxurySupercarShowcase.com. Children under two are free. The event benefits Baylor Scott & White Irving Foundation.

About Karma
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.

About Park Place Dealerships
Ken Schnitzer founded Park Place Dealerships in 1987 with a single Mercedes-Benz dealership on Oak Lawn. Today, Park Place Dealerships employs more than 2,100 people and operates 17 full-service dealerships representing luxury brands including Lexus, Mercedes-Benz, Porsche, Volvo, Jaguar, Land Rover, Rolls-Royce, Bentley, McLaren, Maserati, and now Karma, one of the most luxurious electric cars in the world. For more info, visit parkplace.com.

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