Company Directory

Company Directory

Company Directory - Karma Automotive

Company Details - Karma Automotive

Karma Automotive Logo

Karma Automotive

Website

Irvine, United States

Karma Automotive is an American luxury electric vehicle manufacturer that specializes in innovative automotive technology and sustainable, high-end transportation. The company is known for reinventing the ultra-luxury electric driving experience by combining cutting‐edge engineering with refined design.

CCI Score

CCI Score: Karma Automotive

-36.04

0.02%

Latest Event

Karma Automotive 2024 Political Contributions

Karma Automotive, as one of the 14 automakers featured in the article, has been identified as participating in the 2024 US election contributions campaign. The report details how automakers are channeling funds in an effort to influence policymaking on issues from electric vehicle innovation to regulatory frameworks, raising concerns about corporate influence in democratic processes.

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TOADIE

Karma Automotive is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • Karma Automotive 2024 Political Contributions Logo
    SEP
    22
    2024

    Karma Automotive, as one of the 14 automakers featured in the article, has been identified as participating in the 2024 US election contributions campaign. The report details how automakers are channeling funds in an effort to influence policymaking on issues from electric vehicle innovation to regulatory frameworks, raising concerns about corporate influence in democratic processes.

  • -40

    Political Contributions and Lobbying Efforts

    March 28

    The political contributions by Karma Automotive, as reported, reflect a strategic effort to shape election outcomes and influence regulatory policies that favor corporate interests. From an anti-fascist perspective, such financial influence in politics can undermine democratic accountability and facilitate authoritarian tendencies, justifying a negative score.

    14 Automakers & Their 2024 US Election Contributions, Detailed

  • Karma Automotive Workforce Reduction Logo
    FEB
    13
    2020

    Karma Automotive laid off 60 employees at its Irvine headquarters as part of a restructuring effort, following a previous round of 200 layoffs that collectively reduced its workforce by about 25% since October. This move signals a significant contraction in labor and raises concerns over the company's treatment of workers.

  • -50

    Labor Relations and Human Rights Practices

    March 28

    The mass layoffs at Karma Automotive, especially coupled with a previous downsizing round that shrank the workforce by 25%, represent a concerning disregard for worker rights and labor stability. In an era where worker protection is critical, such abrupt downsizing contributes to economic precarity and undermines fair labor practices.

    Karma Automotive Lays Off 60, Pivots Away From Auto Retail

  • Karma Automotive Corporate Restructuring Leads to Layoffs Logo
    NOV
    05
    2019

    Karma Automotive, a luxury electric vehicle manufacturer, initiated a sweeping reorganization that included a $1 million investment in a new design studio even as it laid off a significant portion of its workforce in Southern California. Reports indicate that nearly half of the workforce was let go and there are allegations of a hostile work environment under the new management.

  • -70

    Labor Relations and Human Rights Practices

    March 28

    The corporate reorganization at Karma Automotive involved substantial layoffs, with claims that half of the workforce was eliminated and reports of a hostile work environment. These actions indicate a neglect of fair labor practices and worker rights, reflecting poorly on the company’s commitment to ethical business practices during its shift towards a high-tech incubator model.

    Karma Automotive Changes Strategy, Workers Laid Off Across SoCal

Industries

336120
Heavy Duty Truck Manufacturing
336111
Automobile Manufacturing
336112
Light Truck and Utility Vehicle Manufacturing