AutoBeta(AutoBeta.net)07/23 Report--

Learned from the relevant media, Karma Automotive (Wanxiang Group) announced the appointment of financial expert Leo Lin as vice president of global finance, in charge of the new business unit Karma Capital. The mission of the department is to find strategic investments and promote the establishment of partnerships. Leo Lin is widely recognized in the industry for helping enterprises achieve rapid growth.

Lin received a bachelor's degree in English and maritime business from Shanghai Maritime University, a master's degree in finance and international business administration from the University of San Francisco, and completed a course on corporate strategy execution at Harvard Business School.

Previously, he worked for Xilai Automobile North America as vice president of finance, which was one of the core teams originally hired by the company's North American headquarters. At Xilai, Lin manages the company's financial and operational infrastructure and helped the company successfully list on the New York Stock Exchange last year.

The brand Karma may be new to many people. Karma is the only car manufacturing company in Southern California that is independent of design, engineering, marketing and manual manufacturing. Founded in 2014, Karma has nearly 1000 employees worldwide and is committed to developing a corporate strategy of luxury design, high-tech, personalized customization and customer courtesy.

In fact, this company and China also have a wonderful fate. Fisk, the predecessor of Karma, was founded as early as 2007 and is one of the best manufacturers of new energy vehicles in the world. In 2014, China Wanxiang Group successfully acquired Fisk and eventually renamed it karma Automobile. The goal is to make a long-term strategic layout in the improvement of existing models and the development of future cars.

And Karma will launch its new and improved 2020 Revero GT luxury electric vehicle in the third quarter, followed by a new all-electric global platform in 2021.

In addition, Dr. Dr. Lance Zhou, CEO of Karma, said, "Leo has accumulated a wealth of experience in guiding the company's rapid growth, which will help Karma to move away from its traditional car manufacturing model, which focuses solely on design, manufacturing and retail, thereby diversifying its business and opening up new market opportunities. He will help guide our technology investment and promote new financial partnerships. "

Welcome to subscribe to the WeChat public account "Automotive Industry Focus" to get the first-hand insider information on the automotive industry and talk about things in the automotive circle. Welcome to break the news! WeChat ID autoWechat