Tom Corcoran

CHIEF EXECUTIVE KARMA AUTOMOTIVE

Delivered first $130K Revero June … moved HQ Costa Mesa to Irvine … paid $56M for former Kawasaki digs … had 80K SF in CM; now 262K SF, space for 900 workers … seller: Bixby Land Co. … former Fisker Automotive bought 2014, $149M by Wanxiang Group Co., owned by Chinese billionaire … Wanxiang had stake mid-2000s, Corcoran-led Rockford Powertrain, in Illinois