Karma Automotive Inc. said Friday it struck a deal with Callisma Automotive Group to expand the automaker’s presence in Sweden.
The deal establishes Karma Sweden and is part of the automaker’s broader global expansion plans. The Callisma news follows Karma’s expansion into France and the Netherlands, in deals also signed this month.
Callisma is a luxury auto and yacht company operated by brothers Fred and Charlie Mannerfelt.
