What’s Happening: Karma Automotive, the Southern California-based ultra-luxury electric vehicle manufacturer, has announced the appointment of long-time automotive executive Marques McCammon as its new President. McCammon previously held the position of Global Managing Director at Ricardo, Inc., an international environmental, engineering, and strategic transportation company.
Why It Matters: The appointment of McCammon, who has over 30 years of experience in the automotive and transportation industries, signals Karma’s commitment to expand its employee base and grow its brand both in the United States and globally. McCammon’s extensive background in green energy and sustainability aligns with Karma’s corporate vision of “Cleaner Air for Everyone,” which was inspired by the company’s late founder and Automotive Hall of Fame member, Guanqui Lu.
Key Points:
- McCammon will serve as the executive lead for all corporate operations at Karma, headquartered in Irvine, California, with an assembly and customization facility in Moreno Valley and a dealership network on four continents.
- Karma’s parent company, Wanxiang Group, has been investing in the U.S. auto and new energy sectors for over 20 years, providing parts for half of the vehicles produced in the U.S., employing more than 13,500 people, and operating in 26 states.
- Marques McCammon has specialized in product development, advanced automotive software, manufacturing, marketing, sales, and strategic leadership throughout his career. He has held executive roles at companies like ASC, Saleen, Aptera, and Intel subsidiary Wind River, in addition to his most recent role at Ricardo, Inc.
Bottom Line: The appointment of Marques McCammon as President of Karma Automotive represents a significant step in the company’s pursuit of growth and expansion, both domestically and internationally. With a strong background in green energy and sustainability, McCammon’s experience and leadership will help to propel Karma Automotive’s vision of inspiring positive change and promoting clean energy solutions in the global market.
