Karma Automotive Appoints John Maloney As Chief Revenue Officer

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Feb 18, 2019, 13:00 ET

- Responsibility for Sales, Customer Experience, Marketing, PR & After Sales functions

- A further key executive appointment to lead expansive Karma future

IRVINE, Calif., Feb. 18, 2019 /PRNewswire/ -- John Maloney, a highly accomplished and experienced automotive executive, has joined Southern California-based Karma Automotive as Chief Revenue Officer.

Maloney will play a crucial leadership role in the deployment of Karma's expansive business and product introduction strategy; 'Value-Forward', announced by Karma CEO Dr. Lance Zhou in late 2018. He will oversee the company's Sales, Customer Experience, Marketing, PR and After Sales functions.

Karma Automotive Appoints John Maloney As Chief Revenue Officer

"John brings an extensive commercial skillset to our business and has the experience and leadership qualities needed to help deliver Karma's strong and well-funded future," Zhou said. "Karma continues to attract top talent who possess the enterprise mindset that is needed to achieve our business goals and execute a robust product introduction plan through the next decade."

Maloney joins Karma after most recently holding several consultancy and advisory roles and is widely renowned in the automotive sector after 14 years with Volvo Cars of North America where he served as President & CEO. In his role at Volvo Cars, Maloney assumed responsibility for all US business operations, encompassing marketing, sales, parts, service and technology, leading a return to growth for the company. Prior to becoming Volvo Cars North America's President & CEO, Maloney was VP, Marketing for nine years.

Maloney began his career at Ford Motor Company where he held a variety of sales and marketing roles within Ford Global Marketing, Lincoln Mercury Division and Ford Customer Service Division before joining Volvo Cars in 2000. "I'm delighted to be joining Karma at this exciting time for the brand. Much has already been quietly achieved to set the foundations in place for the future of the company. I look forward to joining the team and building on the work that has already been done," Maloney said. "The future vision for the brand is well-defined and innovative – I'm excited to help the team shape it further."

Karma's 'Value-Forward' business plan is centered on nurturing and growing a unique luxury electric vehicle niche. The brand is defined by exclusive design and craftsmanship, intuitive and integrated high technology, an owner experience with unrivaled treatment, and personalized customization that allows every Karma vehicle to be special. Karma's strategy also encourages collaboration with the right business partners to help accelerate technology and product development.

Meet Karma Automotive and Karma Revero

Karma Automotive designs, engineers, assembles 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. Named Green Car Journal's 2018 Luxury Green Car of the Year, Karma Revero is a luxury electric vehicle powered by dual electric motors that embodies the company's goals of offering leading automotive design, technology, customization and an outstanding customer experience.

Learn more about Karma Automotive and Revero at www.karmaautomotive.com or visit the password-free Karma Newsroom at www.karmanewsroom.com for the latest press releases, videos and images.

SOURCE Karma Automotive