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Lotus Debuts New Model, Lays Out Company's Future

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...
United States United Kingdom Vastra Gotalands Lan City Of Feng Qingfeng Matt Windle

New Lotus SUV likely as part of brand's electric revolution

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...
United Kingdom Russell Carr Matt Windle Group Lotus Lotus Engineering Auto Express

Geely's iconic Lotus Cars plans to raise RM4.13bil

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...
United Kingdom Li Shufu Geely Group Lotus Nio Inc Xpeng Inc Zhejiang Geely Holding Group Co

Geely reportedly considering plans to raise RM4.1 bil for Lotus to expand brand's EV presence in China

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 ...
United Kingdom Lotus Cars Etika Automotive Lotus Engineering ஒன்றுபட்டது கிஂக்டம் தாமரை கார்கள்

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Geely's Lotus said to weigh raising $1B for EV shift

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...
United Kingdom Li Shufu Geely Group Lotus Zhejiang Geely Holding Group Lotus Cars Sweden Based Volvo Cars

Lotus unveils design study for active-aero 2030 endurance car

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...
United Kingdom Louis Kerr Mario Andretti Emerson Fittipaldi Richard Hill Group Lotus
Source: msn.com

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