The new Revero GT is due to go into production later this year, with an expected price of around £100,000.
The new Karma Pininfarina GT two-door coupé sits on the same platform as the new Revero, and will use the same powertrain, but features an extensively reworked body and interior developed in conjunction with Italian design house Pininfarina.
Karma noted that the new model marks the first time that Pininfarina has allowed its GT (Gran Turismo) designation to be used on a collaborative project.
Pininfarina has also styled the 1900bhp Battista electric hypercar for the Automobili Pininarina manufacturer, which is also owned by Mahindra but run as a separate concern.
While the Revero GT and Karma Pininfarina GT are both near-production models, the SC1 Vision Concept unveiled at Shanghai is designed to showcase the firm’s future ambitions for a full electric model.
The firm says the model is a full battery-electric vehicle that highlights Karma’s future design direction and a number of customisation options. It also features 5G connectivity and other ‘cutting-edge’ technology, including a new communication system that responds to touch, voice and eye commands.