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Karma Automotive raises USD 100 million as it seeks to expand new product lines
Karma Automotive has recently raised USD 100 million from outside investors as parent company Wanxiang Group Corp. sees the boom in EV-maker shares as an opportunity to raise an additional USD 300 million by selling stakes to private equity partners.
The fresh funding coincides with at least the fourth makeover for t....
The fresh funding coincides with at least the fourth makeover for t....
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