agreement

Karma Automotive debuts first Club Car Current vehicles produced under contract manufacturing agreement with AYRO

By Michael J. Moody 1 year ago


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MORENO VALLEY, Calif., – JULY 1, 2021 7:47 AM ET – Today, the Karma Innovation and Customization Center (KICC) revealed the first Club Car Current vehicles being produced under a contract manufacturing agreement with AYRO, Inc. . These light-duty electric vehicles (EVs) fill the gap between full-sized trucks and small utility carts for low-speed logistics and cargo services in campus and urban environments. Karma and AYRO previously announced the formation of a partnership to produce vehicles under the arrangement.

The relationship with AYRO is part of Karma Automotive’s ongoing business-to-business (B2B) initiatives, utilizing KICC and the company’s OEM expertise and capabilities, to provide manufacturing, engineering, design, and other services to customers in the mobility space.

By combining AYRO’s end-user, market intelligence and engineering expertise with KICC’s manufacturing capabilities and development experience, the companies aim to deliver      light-duty trucks and electric delivery vehicles to businesses across the U.S. The Club Car

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Karma Automotive Debuts First Club Car Current Vehicles Produced Under Contract Manufacturing Agreement With AYRO | State

By Michael J. Moody 1 year ago

MORENO VALLEY, Calif., July 1, 2021 /PRNewswire/ — Today, the Karma Innovation and Customization Center (KICC) revealed the first Club Car Current vehicles being produced under a contract manufacturing agreement with AYRO, Inc. (NASDAQ: AYRO). These light-duty electric vehicles (EVs) fill the gap between full-sized trucks and small utility carts for low-speed logistics and cargo services in campus and urban environments. Karma and AYRO previously announced the formation of a partnership to produce vehicles under the arrangement.

The relationship with AYRO is part of Karma Automotive’s ongoing business-to-business (B2B) initiatives, utilizing KICC and the company’s OEM expertise and capabilities, to provide manufacturing, engineering, design, and other services to customers in the mobility space.

By combining AYRO’s end-user, market intelligence and engineering expertise with KICC’s manufacturing capabilities and development experience, the companies aim to deliver light-duty trucks and electric delivery vehicles to businesses across the U.S. The Club Car Current

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Car makers demand smooth trade links ‘closer to home’ after Australia agreement

By Michael J. Moody 1 year ago

Car makers have called for smooth links “closer to home” following the UK’s free trade deal with Australia.



a person standing next to a car engine: Car makers have called for smooth links ‘closer to home’ following the UK’s free trade deal with Australia (Martin Rickett/PA)


© Martin Rickett
Car makers have called for smooth links ‘closer to home’ following the UK’s free trade deal with Australia (Martin Rickett/PA)

Figures released by the Society of Motor Manufacturers and Traders (SMMT) show the UK sold 20,000 cars to Australia in 2019, compared with 578,000 to the EU.

A Downing Street statement claimed the agreement with Australia means car makers in the Midlands and northern England will see “tariffs of up to 5% cut, boosting demand for their exports”.

SMMT chief executive Mike Hawes said: “Australia is an important growth market and the industry welcomes the agreement in principle of a trade deal between the two countries.

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“If tariffs can be

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