Why Southern California is a new EV mecca, with Rivian Lordstown, and Karma in Irvine
2 Aug 2021
With the click of the mouse, a Karma Automotive technician brings a brand new electric vehicle to life.
You sit inside and marvel at the sleek console, the plush seats, the streamlined, jet-age dashboard.
Never mind that this new car doesn't yet exist. Never mind that the driver's seat you're sitting on is actually a metal office chair.
Thanks to the magic of virtual reality, Karm Automotive's designers can visualize how a car looks long before they build it.
"I can put you inside a car," said David Hilton, who as Karma's senior design director oversees work at the EV maker's design studio in Irvine. "It can get fairly real. You get close... I've done concept cars completely virtually."
You’ve probably heard about the worldwide impact of UCI’s scientific research, technological innovations and successful startups. But UCI’s positive impact on our local community – as a wellspring of jobs, entrepreneurial investment and billions in economic growth – is really something to talk about. Most who live near a...
California Competes Tax CreditJul 23 2021
1,121 Businesses Awarded 133K Full-Time Jobs Committed California Competes Tax Credit The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to locate in California or stay and grow in California. Businesses of any industry, size, or location compete for over...
Rivian announced Friday that it has closed a $2.5 billion private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor and funds and accounts advised by T. Rowe Price Associates Inc. Third Point, Fidelity Management and Research Company, Dragoneer Investment Group and Coatue also participated...