Set to launch in 2027, the Ivara is rumored to arrive with a choice between a plug-in hybrid and a full-electric powertrain. While details remain scarce, it's reasonable to expect performance figures that at least rival, if not surpass, the 440 kW and 400 km range of its sporty sibling, the Gyesera coupe.

Visually, the Ivara seems to channel a bit of Ferrari Purosangue's vibe, doesn't it? From the stretched-out bodywork and rear-set cabin to the elongated, sculpted bonnet, there’s a certain resemblance. And those headlights—split, with a twin-pronged design—look suspiciously familiar, don’t they?

Yet, the Ivara has its own flair, like the massive hurricane alloys and those pronounced vents behind the front wheel arches and under the rear bumper. Notice the absence of a front grille? That’s a rare move in today's market. The black and bronze color scheme is daring, though it might not be to everyone’s taste.

Karma’s latest creation is intriguing, to say the least. Whether it’ll make it to production is still up in the air, but if it does, the Ivara might just redefine what we expect from a grand tourer on stilts.