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April 27, 2021
Known by its development code, Type 131, new Emira shown. Lotus CEO Feng Qingfeng said the company will remain to true to the mantra “For the Drivers.” New products and platforms, a new headquarters, increased electrification and a digital sales strategy are all a part of Lotus’s future, announced at a Tuesday morning global press conference. “Results to date have seen the expansion of our global landscape, while remaining true to the original intention and foundation of the brand, name...
April 27, 2021
Lotus has revealed a substantial new product strategy that will see the company move beyond sports car manufacturing and likely into SUVs, using four platforms to create a Lotus line-up broader than at any other point in the marque’s history. The arrival of the all-new combustion powered Emira sports car, which will be revealed this summer, will usher in the second of four planned architectures. These will all support Lotus’s expansion as the company heads towards its 80th birthday in 202...
April 15, 2021
Geely is working with advisers to sound out potential investor interest in a funding round that could value Lotus’s EV operations at about US$5bil HONG KONG: Zhejiang Geely Holding Group Co is considering raising about US$1bil (RM4.13bil) to help expand its iconic British sports and racing automotive business Lotus Cars into the electric vehicles (EVs) market in China, according to people familiar with the matter. Geely is working with advisers to sound out potential investor interest in a fu...
April 15, 2021
15 April 2021 12:37 pm / 2 comments Geely is reportedly mulling a move to raise US$1 billion (RM4.13 billion) for Lotus in a bid to expand the British sports car maker’s electric vehicle presence in China, Bloomberg reports. The Chinese automaker is apparently working with advisers to sound out potential investor interest in a funding round that could see Lotus’s EV operations being valued at about US$5 billion (RM20.65 billion), sources told the news agency. Separate from this, Geely ...
April 14, 2021
Zhejiang Geely Holding Group Co. is considering raising about $1 billion to help expand its iconic British sports and racing automotive business Lotus Cars into the electric vehicles market in China, according to people familiar with the matter.
April 14, 2021
Geelys Lotus said to weigh raising $1B for EV shift Geelys Lotus said to weigh raising $1B for EV shift Bloomberg Print The Evija, which has a 70 kilowatt-hour battery pack and a WLTP range of 400 km (250 miles), is a halo model for Lotus as it aims to reestablish itself as a global player under its new parent, Geely. Zhejiang Geely Holding Group is considering raising about $1 billion to help expand Lotus Cars into the electric vehicles market in China, according to people familiar with the ma...
February 17, 2021
The E-R9 has been developed by Lotus Engineering and the car has been created as a technology showcase of its philosophy, capability and innovative spirit in the fields of advanced electrified powertrains and aerodynamics.
February 17, 2021
McLaren's all-new Artura and the exciting 992 Porsche 911 GT3 star in the latest issue, with Henry Catchpole unearthing the secrets to these two key evo cars
February 16, 2021
The Lotus E-R9 EV concept gives a window into the future of electric powertrains and aerodynamics for the British brand’s racers
February 16, 2021
Lotus unveils design study for active-aero 2030 endurance car Autosport 16/02/2021 © LAT Images Lotus unveils design study for 2030 endurance car British sportscar maker Lotus has unveiled a design study for an electric endurance racer of the year 2030 that incorporates active aerodynamics inspired by a jet fighter. The E-R9 has been designed by Lotus Engineering, the consultancy division of the company, to mark its 40th anniversary by showcasing innovations in aerodynamics and electric po...