<?xml version="1.0"?>
<rss version="2.0"><channel><title>MLOC Lotus news: MLOC Lotus news</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/?d=1</link><description>MLOC Lotus news: MLOC Lotus news</description><language>en</language><item><title>Lotus opens orders for Eletre X in mainland Europe</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-opens-orders-for-eletre-x-in-mainland-europe-r2228/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/PR-Eletre-X-1920x850.webp.5b01f26c65ebfd3a077ec0fbe32fc221.webp" /></p>
<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px;">
	Lotus opens orders for Eletre X in mainland Europe
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<em>Eletre X is built for drivers who refuse to compromise &ndash; delivering ultimate performance, 1,200+ km of range, and 9-minute charging in a practical hybrid SUV.</em>
</p>

<p>
	&nbsp;
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<em>Available to order today, starting from &euro;96,990.</em>
</p>

<p>
	&nbsp;
</p>

<ul class="__ff-overpass __f-h9 __c-black">
	<li>
		Supercar levels of performance in a practical SUV with a 900V architecture and up to 952 PS and 935 Nm of torque.
	</li>
	<li>
		No more range anxiety with EV-only range of up to 350 km; comprehensive range exceeding 1200 km (WLTP), without refuelling or charging.
	</li>
	<li>
		Ultra-fast charging with 70 kWh battery charging from 20&ndash;80% in just 9 minutes with 350 kW DC charger, making it one of the fastest charging electrified vehicles to come to market.
	</li>
	<li>
		Consistent performance in all driving conditions with 0&ndash;100 km/h in 3.3 seconds, and 0&ndash;100 km/h acceleration in 3.5 seconds, even at 10% state of charge.
	</li>
	<li>
		Engineered with Lotus DNA and up to 120kg lighter than its fully electric counterpart, Eletre 900.
	</li>
	<li>
		X-Hybrid is the first of its kind of technology to come to market in Europe. Deliveries expected to commence in Q4 2026.
	</li>
</ul>

<p>
	&nbsp;
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<strong>LONDON, UK &ndash; 3 JUNE 2026</strong>
</p>

<p class="__ff-overpass __f-h9 __c-black">
	Lotus today introduces the Eletre X, a new hybrid variant of its Hyper-SUV and the first vehicle built on the brand&rsquo;s proprietary X-Hybrid architecture. The car is available to order now in mainland Europe, starting from &euro;96,990, and customer deliveries are expected from Q4 2026.<br>
	<br>
	Eletre X joins the Eletre range in delivering everything customers expect from a Lotus &ndash; dynamic, refined performance and deeply engaging driving &ndash; without asking them to compromise on range, practicality or long-distance capability.<br>
	<br>
	X-Hybrid is Lotus&rsquo; new proprietary technology, blending battery electric vehicle (BEV) performance with internal combustion engine (ICE) support to deliver long-range flexibility and practicality; alongside sustained high performance and Lotus&rsquo; trademark driver engagement. It plays a key role in Lotus&rsquo; Focus 2030 strategy, as part of its multi-powertrain approach built around the customer.
</p>

<p>
	&nbsp;
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<em>Qingfeng Feng, CEO at Lotus Group said:</em><br>
	&ldquo;Eletre X is proof of how cutting-edge technology can serve the driver, a value which is at the heart of the Lotus brand. We feel that we have created something that not only pushes the boundaries of what is possible from a technical standpoint but, also enriches their emotional and practical driving experience.&rdquo;
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px;">
	X-Hybrid &ndash; a new architecture. Electric first performance, with extended range capabilities.
</p>

<p class="__ff-overpass __f-h9 __c-black">
	X-Hybrid is a technology like no other. At its core is a 11C high-discharge battery system supported with a 150kW onboard generator. Eletre X&rsquo;s onboard generator, powered by a 2.0 litre Turbo engine, continuously replenishes available energy during driving. This delivers uninterrupted performance across extended journeys and demanding operating conditions, unlike most hybrid systems that rely on energy recovery alone.<br>
	<br>
	The engine operates primarily as part of an intelligent onboard power generation system, replenishing available energy during longer journeys and sustained high-load driving.<br>
	<br>
	That same system intelligently adapts energy deployment depending on speed, battery state of charge and driver demand, operating across multiple drive scenarios, balancing pure EV driving, onboard power generation and hybrid assistance to optimise performance, efficiency and real-world usability.<br>
	<br>
	All of this, combined with a 900V architecture and a 52-litre fuel tank, results in a target combined WLTP range of more than 1,200 km and up to 350 km on electric power alone &ndash; delivering consistent performance, efficiency and long-term reliability. This means drivers never need to touch the engine for most daily driving, or rethink longer journeys around charging infrastructure.<br>
	<br>
	Eletre X is one of the fastest charging electrified vehicles to come to market and supports 20&ndash;80% charging in approximately 9 minutes on a 350 kW DC charger &ndash; the time it takes to grab a coffee.
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px;">
	Uninterrupted performance, no matter the environment
</p>

<p class="__ff-overpass __f-h9 __c-black">
	Eletre X is designed to deliver supercar performance, whilst ensuring the safety, efficiency and practicality of an SUV with:
</p>

<ul class="__ff-overpass __f-h9 __c-black">
	<li>
		952 PS and 935 Nm through dual permanent magnet motors &ndash; ensuring the car responds instantly, and feeling smooth and effortless.
	</li>
	<li>
		Covers 0&ndash;100 km/h in 3.3 seconds, and 80&ndash;160 km/h in 3.88 seconds &ndash; delivering reliable performance in everyday driving conditions.
	</li>
</ul>

<p class="__ff-overpass __f-h9 __c-black">
	As part of Lotus&rsquo; relentless pursuit of performance, Eletre X is designed to deliver repeatable, dependable capability across real world conditions. Even at approximately 20% battery charge, around 550 kW of output remains available. From Nordic-winter readiness to Alpine descents, or a sustained Autobahn cruise, the battery management system ensures immediate readiness.
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px;">
	A true Lotus chassis, engineered for precision and control
</p>

<p class="__ff-overpass __f-h9 __c-black">
	With nearly 80 years of performance engineering to draw on, Eletre X applies the Lotus DNA throughout its chassis and aerodynamic systems, developed to deliver the world-class dynamics, handling and driver feel that customers expect from Lotus.<br>
	<br>
	The vehicle&rsquo;s body structure uses Lotus&rsquo; porosity philosophy &ndash; intelligently directing airflow through as well as around the vehicle to balance cooling, stability and drag. Active aerodynamic systems help to amplify efficiency with the active grille shutter and improve stability with an active rear spoiler capable of generating up to 120 kg of downforce under braking.<br>
	<br>
	Eletre X combines its new powertrain architecture with a series of advanced chassis technologies developed to preserve precision, composure and body control, despite full-size SUV proportions. This includes:
</p>

<ul class="__ff-overpass __f-h9 __c-black">
	<li>
		48V active anti-roll control, delivering up to 1,400 Nm of roll-stabilising torque
	</li>
	<li>
		Dual-chamber air suspension
	</li>
	<li>
		Dual-valve adaptive dampers capable of responding in as little as 2 milliseconds to changing road and load conditions
	</li>
	<li>
		Front double-wishbone suspension
	</li>
	<li>
		Active torque management systems
	</li>
	<li>
		Custom-developed Pirelli P Zero 5 LTS tyres for wet adhesion and sustained high-speed stability
	</li>
	<li>
		Brembo six-piston brakes support strong stopping performance and thermal recovery during repeated high-load use
	</li>
</ul>

<p class="__ff-overpass __f-h9 __c-black">
	All of this has been done to ensure Eletre X responds and handles like a Lotus &ndash; it is designed to feel much smaller and lighter than consumers would expect from a traditional SUV.<br>
	<br>
	Lotus&rsquo; commitment to obsessive engineering and lightweight principles has also cancelled out the weight of its new technologies through savings across the body frame, electric drive system and battery base plate, leaving Eletre X H550 up to 120kg lighter than the Eletre 900.
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px;">
	Refined inside and out for the ultimate driving experience.
</p>

<p class="__ff-overpass __f-h9 __c-black">
	Every touchpoint inside the cabin has been designed to simplify and enhance how the car should feel and perform. Slim digital displays and a driver-focused Lotus Hyper OS infotainment system. Analogue controls for primary functions keep the driver physically connected to the car. A head-up display to ensure attention stays where it belongs.<br>
	<br>
	Additional features unique to Lotus include:
</p>

<ul class="__ff-overpass __f-h9 __c-black">
	<li>
		A 23-speaker KEF audio system which uses Uni-Q technology, positioning high-frequency and mid-range drivers on the same acoustic axis &ndash; making every journey feel extraordinary and envelops the driver in it.
	</li>
	<li>
		Thirty perception sensors and NVIDIA Thor computing architecture work quietly in the background, building confidence on every journey without ever intruding on the experience.
	</li>
	<li>
		Interior materials include carbon fibre, Alcantara and Wyron Truecycled &ndash; a pioneering upcycled textile, introduced as part of Lotus&rsquo; commitment to sustainability without compromise on quality or character.
	</li>
</ul>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px;">
	Pricing and availability
</p>

<p class="__ff-overpass __f-h9 __c-black">
	Eletre X is competitively priced in the super SUV segment, and will be available in two variants:
</p>

<ul class="__ff-overpass __f-h9 __c-black">
	<li>
		Eletre X H550, the entry point, starting at &euro;96,990
	</li>
	<li>
		Eletre X H1000, the flagship, starting at &euro;119,990
	</li>
</ul>

<p class="__ff-overpass __f-h9 __c-black">
	Available to order now in mainland Europe, with customer deliveries expected to commence from Q4 2026.<br>
	<br>
	UK customer deliveries are expected to commence in summer 2027 and is subject to right hand drive homologation.
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px;">
	Note to editors
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<strong>European market availability</strong><br>
	<br>
	Lotus&rsquo; key markets in mainland Europe include Germany, Belgium, Netherlands, Spain, Italy, France, Austria, Luxembourg, Norway, and Sweden.
</p>

<p>
	&nbsp;
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<strong><em>European MSRP pricing</em></strong><br>
	<br>
	<em>Please note all pricing is dependent on chosen model and excludes options, specifications, taxes, delivery charges and Lotus reserves the right to revise its prices in the future due to, but not limited to, availability of materials, delivery costs, inflation and changes in (local) taxes.</em>
</p>

<p>
	&nbsp;
</p>

<div style="font-family: 'Overpass', sans-serif; font-size: 14px; color: #000000; margin-bottom: 32px;">
	<table style="border-collapse: collapse; width: 100%; line-height: 1.1;">
		<thead>
			<tr>
				<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
					Country
				</th>
				<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
					Eletre X H550
				</th>
				<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
					Eletre X H1000
				</th>
			</tr>
		</thead>
		<tbody>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Germany (DE)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;96,990
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;119,990
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Belgium (BE)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;98,990
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;122,990
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Netherlands (NL)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;101,254
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;125,254
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Spain (ES)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;98,990
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;122,990
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Italy (IT)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;99,990
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;123,990
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>France (FR)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;97,990
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;121,990
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Austria (AT)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;97,990
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;121,990
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Luxembourg (LU)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;95,990
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;118,990
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Norway (NO)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					NOK 1,449,000
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					NOK 1,699,000
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>Sweden (SE)</strong>
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					SEK 1,099,000
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					SEK 1,299,000
				</td>
			</tr>
		</tbody>
	</table>
</div>

<p>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px;">
	ELETRE X TECHNICAL INFORMATION
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<em>Please note all specifications outlined in today&rsquo;s release is the target data and not final. It may vary &ndash; subject to European homologation. Some model features, optional extras and colours shown may not be available, or may only be available in a certain specification. The specified fuel consumption and emission data are determined based on the measurement procedures prescribed by law.</em>
</p>

<p>
	&nbsp;
</p>

<div style="font-family: 'Overpass', sans-serif; font-size: 14px; color: #000000; margin-bottom: 32px;">
	<table style="border-collapse: collapse; width: 100%; line-height: 1.1;">
		<thead>
			<tr>
				<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
					&nbsp;
				</th>
				<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
					Eletre X H550
				</th>
				<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
					Eletre X H1000
				</th>
			</tr>
		</thead>
		<tbody>
			<tr>
				<td colspan="3" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<strong>DRIVE SYSTEM</strong>
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Powertrain type
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					X Hybrid (Plug-in Hybrid)
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Drive system
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					All-Wheel Drive (AWD)
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Maximum combined power
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					405 kW (550 PS)
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					700 kW (952 PS)
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Maximum combined torque
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					935 Nm
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Weight class DIN
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					2,550 kg
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					2,615 kg
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Engine displacement
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					1,974 cc
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Emission standard
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					EU6E / EU7
				</td>
			</tr>
			<tr>
				<td colspan="3" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<br>
					<strong>PERFORMANCE</strong>
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Acceleration 0&ndash;62 mph (0&ndash;100 km/h)
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					4.9 s
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					3.3 s
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Acceleration 0&ndash;124 mph (0&ndash;200 km/h)
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					TBD
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					11 s
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Top speed (EV &amp; Hybrid mode)
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					210 km/h
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					230 km/h
				</td>
			</tr>
			<tr>
				<td colspan="3" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<br>
					<strong>ELECTRIC DRIVE &amp; BATTERY</strong>
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Battery type
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					NMC Lithium-ion
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Battery capacity
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					70 kWh
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					High voltage system
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					900 V
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					EV driving range (WLTP, preliminary)
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Up to 350 km
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Combined driving range (WLTP, preliminary)
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Up to 1,200 km
				</td>
			</tr>
			<tr>
				<td colspan="3" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<br>
					<strong>FUEL &amp; EMISSIONS</strong>
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Fuel tank capacity
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					52 L
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Combined fuel consumption (WLTP, prelim.)
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&lt; 7.0 l/100 km
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Combined CO&sup2; emissions (WLTP, prelim.)
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&lt; 50 g/km
				</td>
			</tr>
			<tr>
				<td colspan="3" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<br>
					<strong>CHARGING</strong>
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					DC fast charging &ndash; 350 kW (20&ndash;80%)
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					9 min
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Maximum DC charging power
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					436 kW
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					AC charging &ndash; 11 kW (0&ndash;100%)
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					7.2 h
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					V2L &ndash; Vehicle-to-Load
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Up to 6.0 kW
				</td>
			</tr>
			<tr>
				<td colspan="3" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<br>
					<strong>DIMENSIONS</strong>
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Length / Width / Height&nbsp;
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					5,103 / 2,019 / 1,636 mm&nbsp;(on 21&rdquo; wheels)
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Wheelbase
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					3,019 mm
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Turning circle
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					11.8 m
				</td>
			</tr>
			<tr>
				<td colspan="3" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<br>
					<strong>CHASSIS</strong>
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Front suspension
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Double wishbone
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Rear suspension
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Multi-link
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Air spring system
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					2-chamber air spring
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Adaptive damping
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Dual-Valve CDC
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Anti-roll bar
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Mechanical
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					48V Active
				</td>
			</tr>
			<tr>
				<td colspan="3" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					<br>
					<strong>WHEELS, TYRES &amp; BRAKES</strong>
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Standard wheel size
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					20&rdquo; Cast Alloy
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					21&rdquo; Forged Alloy
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Front tyres
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					255/50 R20
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					265/45 R21
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Rear tyres
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					285/45 R20
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					285/45 R21
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Front brakes
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					4-piston Fixed Caliper, 20&rdquo; discs
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					6-piston Fixed Caliper, 21&rdquo; discs
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Rear brakes
				</td>
				<td colspan="2" style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Floating Caliper, 19&rdquo; discs
				</td>
			</tr>
		</tbody>
	</table>
</div>

<p class="__ff-overpass __f-h9 __c-black">
	<em>Please note all specifications outlined in today&rsquo;s release is the target data and not final. It may vary &ndash; subject to European homologation. Some model features, optional extras and colours shown may not be available, or may only be available in a certain specification. The specified fuel consumption and emission data are determined based on the measurement procedures prescribed by law.</em>
</p>
]]></description><guid isPermaLink="false">2228</guid><pubDate>Tue, 02 Jun 2026 23:00:00 +0000</pubDate></item><item><title>Emira 420 Sport: the lightest and most powerful Emira yet</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/emira-420-sport-the-lightest-and-most-powerful-emira-yet-r2227/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/PR-420sport-1920x1080.webp.94f5f6060a529603d110c36028768dfc.webp" /></p>
<ul class="__ff-overpass __f-h9 __c-black">
	<li>
		A pure expression of the Lotus DNA, with every advancement made in the pursuit of performance: carbon fibre, titanium exhaust, lithium-ion battery, two-way adjustable Multimatic dampers and high-performance tyres.
	</li>
	<li>
		25kg lighter and 25kg more downforce than the Emira Turbo, with the Lightweight Handling Pack, and delivering 420PS, 500Nm and 0&ndash;62mph in 3.9 seconds.
	</li>
	<li>
		Removable roof panel introduced for the first time on the Emira, available across the full range.
	</li>
	<li>
		Emira 420 Sport is available to order now, with customer deliveries expected from August 2026.
	</li>
</ul>

<p>
	&nbsp;
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<strong>Hethel, Norfolk &ndash; 26 May 2026</strong>
</p>

<p class="__ff-overpass __f-h9 __c-black">
	Lotus today introduces the Emira 420 Sport &ndash; the most powerful, lightest and most aerodynamically capable Emira ever built.<br>
	<br>
	The Emira 420 Sport sits at the apex of the Emira line-up and has been designed specifically to deliver even more performance both on road, and on track. It reinforces Lotus&rsquo; commitment to preserving its DNA by delivering greater agility, response and driver engagement.<br>
	<br>
	Emira 420 Sport produces 420PS from a 2.0-litre turbocharged four-cylinder engine, accelerates from 0&ndash;62mph in 3.9 seconds and reaches a top speed of 186mph.<br>
	<br>
	With the optional Lightweight Handling Pack, the Emira 420 Sport is 25kg lighter than the Emira Turbo and generates 25kg of additional downforce. A series of aerodynamic revisions improve cooling and track performance without increasing drag.<br>
	<br>
	Lotus is also introducing a removable tinted glass roof panel for the Emira, available now across the full model range.
</p>

<p>
	&nbsp;
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<em>Qingfeng Feng, CEO, Lotus Group said:</em><br>
	&ldquo;Emira 420 Sport is proof of our commitment to Focus 2030, and we&rsquo;re listening to our customers. This is what obsessive engineering looks like. We&rsquo;ve built on everything Emira has achieved to date to deliver a car that is even more connected, more intuitive, and more rewarding to drive. It is a car for the drivers.&rdquo;
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
	More performance, reduced weight
</p>

<p class="__ff-overpass __f-h9 __c-black">
	The 2.0-litre turbocharged engine produces 420PS and 500Nm of torque, paired with an eight-speed dual-clutch transmission for faster acceleration and more immediate in-gear response.<br>
	<br>
	The Lightweight Handling Pack delivers improved agility and responsiveness, and includes two-way adjustable Multimatic dampers, a titanium exhaust, a lithium-ion battery, carbon fibre components and a dedicated Lotus Track Performance app to measure and record your lap times.
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
	Upgraded aerodynamic and cooling
</p>

<p class="__ff-overpass __f-h9 __c-black">
	Exterior updates include a new front splitter, revised front vents, extended side sills, larger air intakes, a lip spoiler and a louvred tailgate. These changes result in airflow to the outboard radiators increasing by 15 percent, to the central radiator by 14 percent, and brake cooling improves by 10 percent, as well as exhaust valve airflow increasing by 30%. With these upgrades, drivers are able to experience more consistent performance in demanding conditions, particularly on track.<br>
	<br>
	The updates also subtly reference Lotus&rsquo; design heritage, echoing cues seen on cars such as the Esprit Turbo.
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
	Chassis and driver focus engagement
</p>

<p class="__ff-overpass __f-h9 __c-black">
	The Emira 420 Sport builds on Lotus&rsquo; reputation for steering precision and chassis balance. A 5mm lower ride height, combined with revised suspension settings and high-performance tyres, enhances control and feedback.<br>
	<br>
	The bonded aluminium chassis and double wishbone suspension deliver the blend of ride comfort and handling precision that defines the Emira, while electro-hydraulic power steering provides detailed feedback to the driver.<br>
	<br>
	Inside, the cabin is designed to support both road and track driving, with 12-way adjustable seats, a driver-focused layout and intuitive controls. New carbon fibre gearshift paddles combine with updated haptics for added responsiveness and engagement.
</p>

<p>
	&nbsp;
</p>

<p class="__ff-overpass __f-h9 __c-black">
	<em>Gavan Kershaw, Director of Attributes at Lotus Cars said:</em><br>
	&ldquo;Emira is globally renowned for its ride and handling &ndash; it has been tuned to absorb, settle and communicate, working in harmony with a steering system that remains pure. With the 420 Sport, we&rsquo;ve taken that foundation and pushed it further. Adjustable dampers, increased downforce, sharper responses, reduced roll &ndash; every detail obsessively engineered to put the driver more in control.&rdquo;
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
	Enhanced personalisation
</p>

<p class="__ff-overpass __f-h9 __c-black">
	The Emira 420 Sport is now available with an optional exterior carbon fibre pack. This includes the front splitter, side sills, wheel arch vents, side pods, rear spoiler and diffuser surround.<br>
	<br>
	Drivers now have a choice of nine-wheel designs and finishes including a new 20-inch 15-spoke forged alloy wheels finished in satin dark grey.<br>
	<br>
	The colour palette is vibrant and extensive, with 16 choices to select from. Unique to the Emira 420 Sport is Tangelo Orange, a vivid and expressive colour that continues a long tradition of Lotus Orange paints.<br>
	<br>
	Two new optional packs for the Emira 420 Sport cabin are available:
</p>

<ul class="__ff-overpass __f-h9 __c-black">
	<li>
		<strong>The Carbon Fibre Pack</strong> changes the driver display surround with unique geometry; the centre spoke on the steering wheel and the logo surround in the seat back.
	</li>
	<li>
		<strong>A Hand Painted Pack</strong> uses the Tangelo Orange launch colour to add highlights throughout the cabin, including the centre console, steering wheel spoke, gear lever inner and air vent surrounds.
	</li>
</ul>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
	Exhilarating open-air driving from Lotus
</p>

<p class="__ff-overpass __f-h9 __c-black">
	A removable tinted glass roof panel is available for the first time on the Emira. Inspired by the Esprit, the panel is designed for quick removal and stores behind the seats in a protective bag, allowing drivers to switch easily between coup&eacute; and open-top configurations. Lotus&rsquo; underlying architecture ensures dynamic performance remains unchanged.<br>
	<br>
	The feature is now available across all Emira variants.
</p>

<p>
	<br>
	&nbsp;
</p>

<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
	Pricing and availability
</p>

<p class="__ff-overpass __f-h9 __c-black">
	Emira 420 Sport is available to order now, with customer deliveries expected from August 2026.
</p>

<p>
	&nbsp;
</p>

<div style="font-family: 'Overpass', sans-serif; font-size: 14px; color: #000000; margin-bottom: 32px;">
	<table style="border-collapse: collapse; width: 100%; line-height: 1.1;">
		<thead>
			<tr>
				<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
					Country
				</th>
				<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
					MRSPS starting price*
				</th>
			</tr>
		</thead>
		<tbody>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					Europe
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&euro;129,900
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					United Kingdom
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					&pound;105,900
				</td>
			</tr>
			<tr>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					United States
				</td>
				<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
					$122,900
				</td>
			</tr>
		</tbody>
	</table>
</div>
]]></description><guid isPermaLink="false">2227</guid><pubDate>Mon, 25 May 2026 23:00:00 +0000</pubDate></item><item><title>Reinforcing brand DNA with all-new hybrid-V8 supercar</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/reinforcing-brand-dna-with-all-new-hybrid-v8-supercar-r2226/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/Lotus_Type_135_Teaser_16x9.webp.3d64d596fead976a58493c512ee6aabf.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus unveils Focus 2030: Reinforcing brand DNA with all-new hybrid-V8 supercar
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>London, UK &ndash; 12 May 2026</strong>
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Lotus today announced Focus 2030, its evolved business strategy designed to underpin its competitiveness and transform into a more flexible sustainable business model, ensuring market resilience amid external headwinds.<br>
			<br>
			Built on four core pillars including brand reinforcement, a multi-powertrain strategy, close partner collaboration and financial discipline, the strategy marks a significant reset for the brand.
		</p>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			<em>Qingfeng Feng, CEO, Lotus Group said:</em><br>
			&ldquo;Lotus was born from the rebellious spirit of Colin Chapman, and that is not lost today. Focus 2030 will reset both the brand and the business to keep us true to our DNA. We are obsessed with engineering, obsessed with performance and obsessed with building drivers&rsquo; cars, and that is what will grow this business.&rdquo;
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
			Protecting What Makes Lotus, Lotus
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Focus 2030 puts the Lotus DNA at the heart of every decision. Regardless of product or powertrain, every Lotus has, and will be, developed against the same set of guiding principles: lightweight, aerodynamics, obsessive engineering and driver engagement.<br>
			<br>
			Lotus has been instrumental in shaping automotive culture for 78 years &ndash; redefining the limits of performance in racing and building the most engaging road cars in the world. This continues under Focus 2030, with design and engineering rooted in the UK, home of the brand&rsquo;s identity and motorsport expertise, and R&amp;D in China to deliver rapid scale to market.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
			A multi-powertrain strategy, built around the customer
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			As regulatory and consumer landscapes continue to evolve globally at different speeds, Lotus will pursue an agile approach across ICE (internal combustion engine), PHEV (hybrid electric vehicle) and BEV (battery electric vehicle), targeting an approximately 60% PHEV / 40% BEV volume mix over its electrified portfolio in the short term, and a customer-led transition to full electrification.<br>
			<br>
			Hybrid technology will play a central role, serving specific customer needs. First to come is X-Hybrid, which is a unique blend of its ICE and BEV performance expertise, delivering long-range, flexibility and practicality alongside sustained high performance and Lotus&rsquo; trademark driver engagement.<br>
			<br>
			Lotus&rsquo; proprietary X-Hybrid technology was first launched on the Eletre, as Eletre X, (and &lsquo;For Me&rsquo; in China). Customer deliveries have started in China, and early vehicle reception has been well received, with more than 1,000 pre-orders placed in the first month alone. Customer deliveries in Europe are expected to begin in Q4 2026, making it the first technology of its kind to come to market.<br>
			<br>
			Reaffirming the brand&rsquo;s performance DNA, the next development of Lotus&rsquo; proprietary hybrid technology will be the unveiling of its first ever supercar, Type 135, planned for 2028. This will be an all-new car, featuring a V8 hybrid powertrain, with over 1000PS. It is expected to be manufactured in Europe, and further details of the car will be announced later this year.<br>
			<br>
			Emira continuity is confirmed, reflecting both Lotus&rsquo; commitment to manufacturing in the UK and sustained consumer demand for its combustion-engine sportscars. The company will unveil an update in the coming weeks, designed to be the most powerful and lightest Emira built.<br>
			<br>
			Lotus&rsquo; BEV portfolio, Eletre (SUV), Emeya (GT), and Evija (hypercar), remains a core pillar of the business, having brought new customers to the marque and broadened its commercial foundation. Lotus was an early adopter of 800V architecture through its electric SUV and GT offerings and remains committed to continued BEV innovation.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
			Built to compete globally.
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Lotus&rsquo; close collaboration with major shareholder Geely Holding Group is central to Focus 2030. The two businesses are working together on technology development, supply-chain competitiveness and manufacturing efficiencies to increase go-to-market speed, global scale and margin resilience.<br>
			<br>
			The partnership gives Lotus access to world-class electrification capabilities and resources, while Lotus contributes its globally recognised performance engineering expertise and brand equity to Geely Holding Group&rsquo;s portfolio.<br>
			<br>
			Underpinning this is the integration of Lotus UK and Lotus Technology into a single entity, unifying the brand, streamlining governance, reducing costs and accelerating engineering integration for next-generation performance vehicles. The unification of the two entities is expected to be completed later this year.
		</p>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			<em>Daniel Li, Chairman of the Board of Directors at Lotus Technology, and Executive Vice Chairman of Geely Holding Group said:</em><br>
			&ldquo;Geely has believed in Lotus from the beginning, and that belief has not wavered. We are committed to giving Lotus the resources it deserves to compete at the highest level. What Lotus brings is irreplaceable, and Focus 2030 is proof that we take that responsibility seriously. We are excited for the next chapter in the brand&rsquo;s story.&rdquo;
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
			Restoring financial discipline.
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Focus 2030 sets a clear commercial direction for the business, focusing on targeted volumes, stronger margins and a greater emphasis on personalisation. Lotus is guiding towards a steady ramp up to 30,000 sales units annually as its full model line-up stabilises, which will enable the business to reach sustained profitability.<br>
			<br>
			Over the last year, Lotus has made significant improvements across its entities to increase operational efficiency. At Lotus UK, it has reduced costs across its operations and supply chain by creating a flexible production hub in Hethel, UK. Lotus Technology has also increased cost optimisation and operational efficiency, demonstrated by its improved margin performance in its full year 2025 results.<br>
			<br>
			The company has targeted a clear and diverse strategy across its core markets:
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>China &ndash;</strong> the primary volume growth engine, leveraging strong demand for premium new energy vehicles (NEV).
			</li>
			<li>
				<strong>Europe &ndash;</strong> building on racing heritage and British engineering brand equity across a diverse powertrain portfolio.
			</li>
			<li>
				<strong>North America &ndash;</strong> strategy anchored in sportscars, with new SUV market opportunity in Canada.
			</li>
			<li>
				<strong>APAC and Middle East &ndash;</strong> foundations have been developed and the brand is now active in 25 markets across the region, providing opportunities to reach new customers with its entire product portfolio.
			</li>
		</ul>
		<br>
		<br>
		&nbsp;
		<p class="__ff-overpass-bold __f-h7 __c-black" style="margin-bottom:10px">
			Note to editors
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>X-Hybrid Fact Sheet</strong><br>
			<br>
			X-Hybrid demonstrates Lotus&rsquo; technology innovation leadership and is designed to deliver on Lotus&rsquo; core brand principles:
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				900V architecture and up to 952 PS and 935 Nm of torque, putting the vehicle in super-SUV territory and amongst the luxury high performance benchmarks.
			</li>
			<li>
				EV-only range of up to 350 km; comprehensive range exceeding 1200 km, without refuelling or charging.
			</li>
			<li>
				0&ndash;100 km/h in 3.3 seconds, with sustained performance and minimal degradation (10% power level, 0-100km/h acceleration in 3.5 seconds).
			</li>
			<li>
				70 kWh battery charging from 20&ndash;80% in just 9 minutes, making it one of the fastest charging electrified vehicles to come to market.
			</li>
			<li>
				48-volt active anti-roll system; dual-chamber air suspension with dual-valve dampers reacting in as little as two milliseconds; and six-piston brakes from Brembo. All delivering the world-class dynamics, handling and driver feel that customers know from Lotus.
			</li>
			<li>
				360-degree performance and everyday useability without compromise.
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			<em>In optimal conditions. Charging and range time may vary depending on a number of factors including charging station power output, battery health and temperature, and more.</em>
		</p>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 14px; color: #000000; margin-bottom: 32px;">
			<table style="border-collapse: collapse; width: 100%; line-height: 1.1;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Product
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Type
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Powertrain
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Launch
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Delivery year
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Market rollout
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							MRSPS Starting from price*
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							<strong>Evija</strong>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Hypercar
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							BEV
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2019
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2023
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Available globally across UK and Europe, US, APAC and Middle East, and China.
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							&pound;2,000,000
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							<strong>Emira</strong>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Mid-engine sportscar
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							ICE
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2021
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2022
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Available globally across UK and Europe, US, APAC and Middle East, and China.
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							&pound;79,500
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							<strong>Eletre</strong>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							SUV &ndash; E segment
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							BEV / PHEV
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2022 (BEV)<br>
							2026 (PHEV)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2023 (BEV)<br>
							2026 (PHEV)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Available across UK and Europe, APAC and Middle East, China, and Canada. Eletre Carbon &ndash; available in US.<br>
							<br>
							China customer deliveries have begun, with Europe customer deliveries expected to begin in Q4 2026.
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							&pound;84,990
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							<strong>Emeya</strong>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Sedan &ndash; E segment
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							BEV
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2023
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2024
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Available across UK and Europe, APAC and Middle East, and China.
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							&pound;84,990
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							<strong>Type 135</strong>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Supercar
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							Hybrid &ndash; V8
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2028
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							2028
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							TBC
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee; vertical-align: top;">
							TBC
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<p class="__ff-overpass __f-h9 __c-black">
			<em>*Dependent on chosen model and excludes options, specifications, taxes, delivery charges and Lotus reserves the right to revise its prices in the future due to, but not limited to, availability of materials, delivery costs, inflation and changes in (local) taxes.</em>
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2226</guid><pubDate>Mon, 11 May 2026 23:00:00 +0000</pubDate></item><item><title>Lotus Heads to Milan Design Week 2026</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-heads-to-milan-design-week-2026-r2225/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/Lotus-theory1-tablet.webp.3a8528e53785e611e0cae5ec785a4a37.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus Heads to Milan Design Week 2026 with Haus of Automotive to Present &ldquo;IN PROGRESS&rdquo; Exhibition
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>London, UK &ndash; 01 April, 2026</strong> Lotus will return to Milan Design Week in 2026 with <em>IN PROGRESS</em> - an exhibition created in collaboration with Haus of Automotive, powered by Konzepthaus, the cultural hub where brands converge and creativity advances. Open from <strong>22&ndash;26 April</strong>, the installation invites visitors to experience Lotus in a new dimension: not as a finished object, but as a brand in constant motion. It is a living expression of a brand that is always evolving, always questioning, always moving forward, and shaping the drivers of the future.<br>
			<br>
			As a celebration of the relentless spirit of the Lotus brand, <em>IN PROGRESS</em> reveals the continually evolving process behind Lotus design, engineering, and innovation. At its core is a simple truth: for Lotus, performance is never a finish line. It is a 360 degree journey of constant disruption &ndash; where every breakthrough sparks the next, where ideas overlap, combine, and accelerate.
		</p>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black" style="text-align: center;">
			<strong>TALENT HOUSE - HAUS OF AUTOMOTIVE, VIA TORTONA 31, 20144, MILANO</strong>
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			A Brand in Motion
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Since 1948, Lotus has shaped automotive culture through lightweight engineering, technical ingenuity, and emotionally charged design. IN PROGRESS captures this evolution - an identity shaped by the productive tension between rebellious energy and advanced technology, where the future of driving is continually rewritten.<br>
			<br>
			This evolution is guided by Lotus&rsquo; D.N.A. design principles:
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Digital - representing immersive, intelligent, and intuitive experiences</strong>
			</li>
			<li>
				<strong>Natural - expressing emotion, connection, and everything centred on the human body</strong>
			</li>
			<li>
				<strong>Analogue &ndash; the continual advancement of performance engineering</strong>
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			Together, these principles define a design language that is both progressive and unmistakably Lotus.
		</p>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>Quote from Ben Payne, VP of Design, Lotus Group - </strong>&ldquo;<em>IN PROGRESS</em> is an invitation to witness how Lotus thinks, dreams, and creates. Our work is beyond chasing a final form - it&rsquo;s about embracing the momentum that gets us there. Progress, for us, is deeply human. It&rsquo;s shaped by curiosity, by experimentation, and by the willingness to challenge what&rsquo;s expected. This exhibition reveals that living process where the future of Lotus takes shape.&rdquo;
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			A Creative Dialogue in Motion
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			The exhibition unveils the processes that shape the Lotus philosophy: structures that are &ldquo;simplicated&rdquo; to their essential form; aerodynamics shaped by air itself; ergonomics that create a &ldquo;car you wear&rdquo;; and interfaces that preserve the visceral connection between driver and vehicle. Each chapter reveals how Lotus strips back, rebuilds, and reimagines in pursuit of progressive engineering and expressive design.<br>
			<br>
			The first chapter unfolds through an artist residency developed with Studio Cartoons Deluxe - an exploration of progress as a state of mind, expressed through original digital artworks that interpret movement, experimentation, and breakthrough. It is a reminder that progress is personal, defined by curiosity and the moments that move each of us forward.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Theory 1 x Larusmiani: A Milan Debut
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			As part of its activities in Milan, Lotus has collaborated with Larusmiani, Italy&rsquo;s luxury maison and founding partner of FuoriConcorso, crafting a bespoke campaign that brings together two brands defined by craftsmanship and innovation. The collaboration pairs Larusmiani&rsquo;s refined Italian sensibility with Lotus&rsquo; future-driven approach to performance and engineering.<br>
			<br>
			At the centre of the <em>IN PROGRESS</em> exhibition, Lotus will display Theory 1. Guided by the brand&rsquo;s D.N.A. principles, Theory 1 draws on the legacy of the Eleven, Type 72, and Esprit to signal the future direction of Lotus design and performance vehicles. Theory 1 has been reimagined in collaboration with Larusmiani and finished in the bespoke Au colour, named as a layered tribute to gold, the 79th element of the periodic table, Lotus&rsquo; 79 Formula 1 victories, and the contemporary reinvention of the gold historically used for Lotus liveries. Au captures the essence of Milan&rsquo;s rich luxury and automotive culture, and together they embody a modern expression of craftsmanship and prestige.<br>
			<br>
			<strong>Quote from Guglielmo Miani, President of Larusmiani &amp; Founder of FuoriConcorso</strong> - &quot;The Automotive Gallery was born from a simple conviction: that the most iconic automobiles in the world deserve to be presented in the most refined context the world has to offer. In a Milan that every April becomes the global fulcrum of design, The Automotive Gallery by Larusmiani is where automotive design meets sartorial elegance: the same obsession with detail, the same devotion to materials, the same profound respect for everything built to endure. To welcome the Lotus Theory 1 into our flagship boutique is to celebrate not an automobile, but a philosophy: that of those who are never satisfied with the form already achieved, and who see progress not as a destination, but as the permanent condition of excellence.&quot;<br>
			<br>
			Ahead of <em>IN PROGRESS</em>, Theory 1 will be on display in the iconic Larusmiani Milan store from 2&ndash;16 April, offering visitors an early opportunity to view the concept vehicle before its appearance during Milan Design Week.
		</p>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black" style="text-align: center;">
			<strong>TALENT HOUSE - HAUS OF AUTOMOTIVE, VIA TORTONA 31, 20144, MILANO</strong>
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			A Milanese Collaboration with Carpano
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Lotus will also collaborate with Carpano, the historic company that invented vermouth in Turin in 1786 and now celebrates 240 years, a defining milestone in the story of Italian aperitivo culture. This partnership brings together two legacies shaped by precision and a shared commitment to thoughtful experimentation, where tradition continues to evolve as a living language. As part of IN PROGRESS, Carpano will present a bespoke beverage offering crafted with the same meticulous care that has defined the brand for over two centuries - a refined expression that enriches the experience with depth, character, and a timeless Italian spirit.
		</p>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 14px; color: #000000; margin-bottom: 32px;">
			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 3px 5px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 3px 5px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							<strong>SUNDAY 19TH APRIL</strong>
						</td>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							17:00 &ndash; 20:00 PRIVATE EVENT, BY INVITATION ONLY<br>
							<br>
							<em>(LIMITED MEDIA SPACES AVAILABLE FOR PRIVATE EVENT)</em>
						</td>
					</tr>
					<tr>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							<strong>MONDAY 20TH APRIL</strong>
						</td>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							CONFERENCE: DIGITAL TRANSFORMATION IN CMF, LOTUS GUEST MARIE-CAMILLE LECOQ<br>
							<br>
							BY INVITATION ONLY
						</td>
					</tr>
					<tr>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							<strong>TUESDAY 21ST APRIL</strong>
						</td>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							CONFERENCE: EXTERIOR LIGHTING AS BRAND LANGUAGE, LOTUS GUEST BEN PAYNE<br>
							<br>
							BY INVITATION ONLY
						</td>
					</tr>
					<tr>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							<strong>WEDNESDAY 22ND APRIL</strong>
						</td>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							PRIVATE EVENT 10:00 &ndash; 13:00, BY INVITATION ONLY<br>
							<br>
							<em>(LIMITED MEDIA SPACES AVAILABLE FOR PRIVATE EVENT)</em><br>
							<br>
							FROM 13:30 OPEN TO THE PUBLIC
						</td>
					</tr>
					<tr>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							<strong>THURSDAY 23RD APRIL</strong>
						</td>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							10:00 &ndash; 17:30, OPEN TO THE PUBLIC<br>
							<br>
							18:00 &ndash; 20:00, PRIVATE EVENT, BY INVITATION ONLY
						</td>
					</tr>
					<tr>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							<strong>FRIDAY 24TH APRIL</strong>
						</td>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							10:00 &ndash; 19:00, OPEN TO THE PUBLIC
						</td>
					</tr>
					<tr>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							<strong>SATURDAY 25TH APRIL</strong>
						</td>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							10:00 &ndash; 19:00, OPEN TO THE PUBLIC
						</td>
					</tr>
					<tr>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							<strong>SUNDAY 26TH APRIL</strong>
						</td>
						<td style="padding: 3px 5px; border-bottom: 1px solid #eee;">
							10:00 &ndash; 19:00, OPEN TO THE PUBLIC
						</td>
					</tr>
				</tbody>
			</table>
		</div>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Note to Editors
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>THEORY 1 - </strong>Theory 1 is not for sale. This is a concept car serving as a canvas for our design R&amp;D programmes, and our intent for the technology and innovation we are exploring to implement in the future across all our product lineup.<br>
			<br>
			<strong>LARUSMIANI - </strong>Larusmiani is Italy&rsquo;s oldest luxury menswear maison, established in Milan in 1922 and internationally recognised for its exceptional craftsmanship and commitment to the world&rsquo;s finest textiles. Renowned for its refined tailoring, artisanal precision, and understated elegance, the brand embodies the heritage and sophistication of Milanese style. Still family owned, Larusmiani continues to evolve through a modern interpretation of Italian excellence, expressed through its ready-to-wear collections, bespoke services, and lifestyle offerings from its flagship boutique in the MonteNapoleone district.<br>
			<br>
			<strong>Carpano - </strong>Carpano is one of Italy&rsquo;s most storied and influential spirits houses, founded in Turin in 1786 by Antonio Benedetto Carpano, the creator of the world&rsquo;s first vermouth. For more than two centuries, the brand has embodied a unique blend of craftsmanship, botanical mastery, and cultural heritage that helped shape Italy&rsquo;s aperitivo tradition. for its meticulous production methods and unmistakable aromatic profile, Carpano continues to be celebrated worldwide for its commitment to authenticity, innovation, and the enduring spirit of Italian excellence.<br>
			<br>
			<strong>ABOUT LOTUS - </strong>Lotus is a global performance brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true automotive innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform and feel. Lotus Group is made up of a high-performance sports car business, Lotus Cars, and a luxury mobility provider, Lotus Technology. Together, they are setting a new standard for automotive excellence.<br>
			<br>
			The Lotus Media Site contains news, images, films, technical specifications and full details of current models, as well as heritage cars and engineering technology.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2225</guid><pubDate>Tue, 31 Mar 2026 23:00:00 +0000</pubDate></item><item><title>Lotus Tech Obtains UN R171 Certification Globally, Advancing ADAS Compliance</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-tech-obtains-un-r171-certification-globally-advancing-adas-compliance-r2224/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/lotus-tech-lidar-un-r171-certification-globally_mobile.webp.6c02355f1420fbd3ea142a1bdcb5cf39.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	The Lotus Eletre has been approved for use on roads in Europe with HNP function.
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			<strong>New York, March 13, 2026</strong> &ndash; Lotus Technology Inc. (&ldquo;Lotus Tech&rdquo; or the &ldquo;Company&ldquo;) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that the Company has been certified under UN Regulation No. 171, 01 Series (UN R171.01) issued by the United Nations Economic Commission for Europe (UNECE), becoming the second globally operating automaker to achieve this certification.<br>
			<br>
			The Company&rsquo;s hyper SUV, LOTUS Eletre, jointly developed by Chinese and European engineering teams, is scheduled to roll out its Highway Navigation Pilot (HNP) function in Europe to eligible vehicles via over-the-air (OTA) updates beginning June 2026*.<br>
			<br>
			UN R171, which came into force in September 2024, is the world&rsquo;s first globally harmonized technical regulation for Level 2 (L2) Driver Control Assistance Systems (DCAS). It establishes standardized technical requirements and testing methodologies for global automakers across four core pillars: functional performance, dynamic control, system boundaries, and human-machine interaction. Certification requires both closed-course validation and real-road driving assessments to ensure that L2 Advanced Driver Assistance Systems (ADAS) operate within defined safety limits while maintaining the driver&rsquo;s vehicle control.<br>
			<br>
			Eletre has obtained UN R171.01 certification, making it the first and the only China-built model certified under this regulation and equipped with HNP function as of the press date. This milestone marks Lotus Tech&#39;s formal alignment with international standards for regulatory compliance and systematic safety governance for ADAS, further solidifying its global leadership position.<br>
			<br>
			Mr. Feng Qingfeng, CEO of Lotus Tech, commented: &ldquo;Eletre&rsquo;s UN R171.01 certification marks a significant milestone for Lotus&rsquo; end-to-end capabilities in R&amp;D, validation, and adherence to global standards. We remain committed to the highest safety standards, ensuring every ADAS technology undergoes rigorous regulatory and real world scrutiny. Through leading technologies, we will continue delivering safer, more reliable, and smarter mobility experiences to users worldwide.&rdquo;<br>
			<br>
			The Company&rsquo;s intelligent parking and ADAS suite, LOTUS For Me (known as Eletre X in Europe), equipped with the Thor U chip, is planned to pursue UN R171 certification in due course. Additional functions will be delivered to eligible vehicles in phases via OTA, in accordance with regional regulations and product roadmaps.<br>
			<br>
			Lotus Tech will continue to advance its ADAS capabilities under the principle of &ldquo;Safety First, Compliance Priority, Consistent Experience&rdquo;, focusing on performance enhancements, optimized human-machine interaction, and strengthened system stability.<br>
			<br>
			*Actual availability and rollout timelines may vary by region based on regulatory requirements, vehicle specifications, and official OTA updates.
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]]></description><guid isPermaLink="false">2224</guid><pubDate>Fri, 13 Mar 2026 00:00:00 +0000</pubDate></item><item><title>LOTUS Appoints Piano Master Lang Lang as Friend of the Brand</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-appoints-piano-master-lang-lang-as-friend-of-the-brand-r2223/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/Untitled.png.587c180b6b0dcc39016976e2e9ff0006.png" /></p>
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	LOTUS Appoints Piano Master Lang Lang as Friend of the Brand
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			<strong>6 February 2026 &ndash;</strong> LOTUS officially announced world-renowned pianist Lang Lang as its Friend of the Brand, marking a new partnership built on a shared pursuit of precision, performance, and excellence.<br>
			<br>
			Recognised globally for his extraordinary technique and expressive artistry, Lang Lang has brought classical music to audiences across cultures and generations. His dedication to mastery through discipline and refinement closely mirrors LOTUS&rsquo;s engineering philosophy, where every detail is shaped to deliver pure driving performance.<br>
			<br>
			As a British sports car brand known for its heritage in lightweight design, aerodynamics and driver-focused handling, LOTUS has consistently pushed the boundaries of automotive innovation. This same commitment to precision and control lies at the heart of Lang Lang&rsquo;s musical craft &mdash; from perfecting each note to delivering performances of exceptional emotional power.<br>
			<br>
			Feng Qingfeng, CEO of Lotus Group, commented: &ldquo;True luxury is born from an uncompromising pursuit of excellence. Lang Lang&rsquo;s lifelong dedication to his art reflects our passion for engineering cars that deliver the purest driving experience. We are proud to welcome him as Friend of the Brand and to share this journey together.&rdquo;<br>
			<br>
			Lang Lang added: &ldquo;Music and driving both demand focus, passion and precision. I am delighted to join LOTUS as Friend of the Brand, and together we hope to inspire people to pursue what they love with confidence and enthusiasm.&rdquo;<br>
			<br>
			Reflecting the spirit of this collaboration, LOTUS partnered with British luxury fountain pen brand Onoto to create a limited-edition collection crafted from recycled aluminium sourced from iconic LOTUS Formula One cars &mdash; a symbol of heritage, craftsmanship and sustainable innovation.<br>
			<br>
			Looking ahead, LOTUS and Lang Lang will explore creative collaborations across performance, design and lifestyle experiences worldwide, celebrating the intersection of artistic expression and engineering excellence.
		</p>
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]]></description><guid isPermaLink="false">2223</guid><pubDate>Fri, 06 Feb 2026 00:00:00 +0000</pubDate></item><item><title>Emeya achieves charging power of 443kW, setting new record</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/emeya-achieves-charging-power-of-443kw-setting-new-record-r2222/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/press-news-emeya-charge-v2.webp.9e3f524c2965bfc95728db0ed2269a5b.webp" /></p>
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	Emeya achieves charging power of 443kW, setting new record
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			<strong>Coventry, 18 November 2025 &ndash;</strong> Lotus today has announced <a href="https://www.lotuscars.com/en/sitecore/content/Global-Contents/Blueprint-Content/emeya"><span style="text-decoration: underline;"><strong>Emeya</strong></span></a>&nbsp;has beaten its own record as one of the fastest-charging electric vehicles (EVs) - using the public charging network.<br>
			<br>
			The test was completed independently by Lotus Al Ghanim, the official dealer of Lotus in Kuwait, and used Lotus&rsquo; ultra-fast 450kW DC charger. The car was able to maximise nearly the full capacity of the charger, reaching a peak charging power of 443kW, enabling it to charge from 10 to 80 percent in just 13m35s.<br>
			<br>
			This was achieved in extensive heat conditions in the region, highlighting the durability, reliability and efficiency of both the car and charger.<br>
			<br>
			Lotus is committed to futureproofing its electric cars, so as the charging infrastructure develops, its drivers have the confidence that their vehicles will continue remain excellent for efficiency and capability.<br>
			<br>
			Emeya features a cell-to-pack battery structure, which means that 20 percent more cells can be packaged in the same space compared to a standard module architecture. It also uses a new cooling system architecture that is designed to improve the thermal performance and efficiency of the battery.<br>
			<br>
			The car also has a state-of-the-art 800-volt charging system, which is designed to deliver rapid charging and greater efficiency for drivers, no matter what charger they are using. This technology is also featured in the Lotus Eletre &ndash; the company&rsquo;s hyper-SUV.<br>
			<br>
			Lotus&rsquo; ambition is to make it easier than ever to own an EV by providing drivers with the confidence to complete long-distance journeys and go wherever they need to. With a WLTC energy consumption down to 18.7kWh/100km, Emeya delivers up to 310km of range in 10 minutes<sup>1</sup>. Additionally, the Emeya 2026 model year features a WTLP range of up to 379 miles (610 km)<sup>1</sup>.<br>
			<br>
			Lotus is delivering a fully integrated charging ecosystem, creating a seamless charging experience with the Lotus Cars app and Lotus HyperOS, the award-winning in-car infotainment system in the Eletre and Emeya<sup>2</sup>. It uses intelligent EV routing to help drivers locate nearby public chargers. This feature reduces range anxiety and can significantly cut travel times. The system can also suggest alternative routes based on the driver&rsquo;s real-time battery consumption &ndash; all delivering an optimised Lotus EV driving experience.<br>
			<br>
			Lotus HyperOS, the award-winning in-car infotainment system in the Eletre and Emeya<sup>2</sup> also uses intelligent EV routing to help drivers locate nearby public chargers. This feature reduces range anxiety and can significantly cut travel times. The system can also suggest alternative routes based on the driver&rsquo;s real-time battery consumption &ndash; all delivering an optimised Lotus EV driving experience.<br>
			<br>
			Lotus has begun rolling out its ultra-fast 450 kW DC charger in Europe, starting in Germany, and followed by other European markets in the near future.<br>
			<br>
			Emeya is Lotus&rsquo; first electric hyper-GT, which set a new benchmark for how a Lotus drives and feels by combining the company&rsquo;s 75-year expertise in engineering and design, with the latest advanced innovations &ndash; bringing drivers an electric car that is exciting to drive and performs exceptionally. For more information, please visit: <a href="https://www.lotuscars.com/en/sitecore/content/Global-Contents/Blueprint-Content/emeya">https://www.lotuscars.com/en-GB/emeya</a>.    
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]]></description><guid isPermaLink="false">2222</guid><pubDate>Tue, 18 Nov 2025 00:00:00 +0000</pubDate></item><item><title>Lotus presents D.N.A. x DNA at London Design Festival&#x202F;2025</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-presents-dna-x-dna-at-london-design-festival%E2%80%AF2025-r2221/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/press-news-header-DNA-mobile.webp.72c91b28518248deb0c810c2ca37d7ad.webp" /></p>
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	Lotus Presents D.N.A. x DNA:  Heritage Meets Possibility at London Design Festival 
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			<strong>London, UK &ndash; September 15 2025 &ndash; </strong>Lotus announces D.N.A. x DNA, an immersive exhibition opening at the Lotus Mayfair showroom as part of London Design Festival 2025, where Lotus serves as the festival&rsquo;s official automotive partner.<br>
			<br>
			The showcase explores how the brand&rsquo;s pioneering design and engineering philosophy, Digital, Natural, Analogue (D.N.A.), has shaped generations of groundbreaking innovations and continues to define the future of performance:
		</p>

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				Digital &ndash; representing immersive, intelligent, and intuitive experiences
			</li>
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				Natural &ndash; expressing emotion, connection, and everything centred on the human body
			</li>
			<li>
				Analogue &ndash; the continual advancement of performance engineering
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			Seamlessly blending together these core design principles with the latest design and engineering innovations, as well as cutting-edge technologies, enables Lotus to simplify and enhance a car&rsquo;s experience and performance &ndash; making it feel like a car you wear.<br>
			<br>
			<em>&ldquo;This is an important moment for Lotus today. It&rsquo;s a powerful reminder to everyone of our rich heritage - the design and engineering breakthroughs that have shaped the automotive world and beyond. And its proof that we are still that same pioneering brand. Lotus will always innovate, always push boundaries, and always lead the way,&rdquo;</em><strong> said Ben Payne, Chief Creative Officer, Lotus Group.</strong><br>
			<br>
			The activation opens a dialogue between heritage and possibility, bringing together experimental materials, prototypes, and projects from Lotus&rsquo; archives that embody the brand&#39;s relentless innovation, culminating in a raw encounter with the award-winning Lotus Theory 1.<br>
			&nbsp;
		</p>

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				Visitors will have the opportunity to see on display:
			</li>
			<li>
				<strong>Lotus Eleven</strong><br>
				A lightweight icon of motorsport, the Lotus Eleven revolutionised racing in 1956, with its advanced aerodynamics and lightweight aluminium body. Its record-breaking success at Monza and multiple Le Mans class wins cemented Lotus&rsquo; reputation for performance through engineering ingenuity.
			</li>
			<li>
				<strong>Lotus Type 88B</strong><br>
				A radical car in Formula 1 at the time. The Type 88B was the first to feature carbon fibre monocoque chassis in 1981, as well as introduced the twin-chassis concept, separating aerodynamic downforce from suspension. Though banned from racing as other teams refused to race against the car, it remains a symbol of Lotus&rsquo; fearless pursuit of disruptive ideas in performance engineering, safety and handling.
			</li>
			<li>
				<strong>Lotus Structure Isolation and Dynamics (SID) Prototype</strong><br>
				The SID prototype was a revolutionary experimental research vehicle that combined active and passive suspension technologies to explore advanced vehicle dynamics. Key features included advanced suspension system, dynamic performance and handling, active rear steering, comprehensive data acquisition, and modular suspension mounting. It was the first time that a full understanding of the driver subjective (feel) vs objective (data) could be understood, measured and developed for vehicle dynamics and handling by engineers. The technologies and methodologies developed influenced subsequent Lotus models and contributed to key advancements in the automotive industry.
			</li>
			<li>
				<strong>Lotus Theory 1</strong><br>
				The award-winning design study that encapsulates the Lotus ethos for the future. Theory 1 fuses digital intelligence, natural human-centric design, and analogue performance precision, delivering an experience that is immersive, intuitive, and emotionally engaging.
			</li>
		</ul>
		&nbsp;

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			Through Lotus Engineering, the brand&rsquo;s world-class innovation hub supporting Lotus and customers globally, the exhibition reveals how the Lotus design philosophy transcends the automotive industry, highlighting its global impact.<br>
			<br>
			This includes the iconic Lotus Type 108, from the 1992 Barcelona Olympics. Breaking world records and winning the gold medal ridden by Chris Boardman, the Lotus Type 108 applied the company&rsquo;s motorsport expertise in aerodynamics, composites and advanced manufacturing methods. Lotus Engineering developed an aerofoil frame design, to deliver a forward force in a cross wind or when the bike was ridden on an oval velodrome, to reduce drag and increase speed. It marked a significant leap forward in bicycle design, and setting the stage for future aerodynamic innovations in the sport.
		</p>
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</div>
]]></description><guid isPermaLink="false">2221</guid><pubDate>Sun, 14 Sep 2025 23:00:00 +0000</pubDate></item><item><title>Lotus will make an impressive appearance at IAA Mobility 2025</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-will-make-an-impressive-appearance-at-iaa-mobility-2025-r2220/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/news-press-theory1-iaa-header-mobile.webp.8f427edf90e172ccd700636e444d216a.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus at IAA Mobility 2025: Germany Premiere of the Theory 1, Ayrton Senna&rsquo;s Lotus 99T and current model lineup
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				<strong>Location: K&ouml;nigsplatz, Munich</strong>
			</li>
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				<strong>Germany Premiere: Concept Car Theory 1</strong>
			</li>
			<li>
				<strong>Line-up: Lotus 99T, Emira Limited, inspired by the Lotus 99T, Lotus Eletre, Lotus Emeya</strong>
			</li>
			<li>
				<strong>Interviews: Ben Payne, Vice President of Design (by appointment)</strong>
			</li>
		</ul>
		&nbsp;

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			<strong>Munich, September 5, 2025 </strong> &ndash; Lotus will make an impressive appearance at IAA Mobility 2025 at Munich&rsquo;s K&ouml;nigsplatz. The highlight is the German premiere of the concept car Theory 1, which embodies the future of intelligent sports cars. The presentation is complemented by a tribute to Ayrton Senna with his legendary Lotus 99T F1 car and the exclusive special edition Emira Limited, inspired by the Lotus Type 99T. In addition, the all-electric Hyper-SUV Eletre and the Hyper-GT Emeya complete the model lineup, demonstrating how Lotus seamlessly blends tradition, innovation, and electrification for the future.
		</p>
		&nbsp;

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			Theory 1 &ndash; The Design Future of Lotus
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			Theory 1 is a concept car that reflects the new Lotus design manifesto, &ldquo;The Lotus Theory,&rdquo; that will form the foundation for all future Lotus cars, encapsulated through three core principles - Digital, Natural and Analogue (DNA). Digital represents a connected, immersive, and intelligent driving experience. Natural stands for emotional, human-centered design. Analogue symbolizes the continuous development of performance engineering. All three deliver the purist driving experience for which Lotus is known for.<br>
			<br>
			The vehicle features the innovative LOTUSWEAR&trade; driver system, which interacts in real time with both driver and passengers. Combined with sustainable materials, minimalist design, and a central driver&rsquo;s seat, Theory 1 sets new standards for intuitive operation, comfort, and driving dynamics.<br>
			<br>
			<em>&ldquo;With Theory 1, we&rsquo;ve built on everything Lotus has achieved so far in its 77-year history, to push the boundaries for what it means to drive a performance vehicle. We want to demonstrate that you don&rsquo;t need to compromise &ndash; with both digital and analogue capabilities working harmoniously in the future car. In doing this, we are able to bring drivers the best possible immersive driving experience with raw emotion, functionality and connectivity, at the core,&rdquo;</em> <strong>explains Ben Payne, Vice President of Design at Lotus.</strong> Media representatives can arrange exclusive interviews with Payne at the Lotus stand.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Motorsport Heritage Inspires Sports Car Design: Ayrton Senna&rsquo;s Lotus 99T and Emira Limited, inspired by the Lotus Type 99T
		</p>

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			At IAA, Lotus bridges its rich history with the future. The original Lotus 99T F1 car, with which Ayrton Senna won in Monaco and Detroit in 1987, will be a special highlight at the show. Complementing this, Lotus will present the Emira Limited, inspired by the Lotus Type 99T, featuring a yellow paint scheme with blue accents that reference the legendary race car. Only twelve vehicles worldwide are available in this special livery. Both models embody the brand&rsquo;s heritage and innovative spirit in motorsport.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			All-Electric Performance Cars: Hyper-SUV Eletre and Hyper-GT Emeya
		</p>

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			Lotus will also showcase its all-electric models at IAA. The Hyper-SUV Lotus Eletre combines outstanding performance of up to 918 hp with the highest level of comfort. Advanced driver assistance systems and a range of up to 600 kilometers ensure sporty driving dynamics over long distances. The four-door Hyper-GT Lotus Emeya accelerates from 0 to 100 km/h in just 2.78 seconds, reaches speeds of up to 256 km/h, and combines luxurious comfort with Lotus&rsquo;s sporting DNA. Both models demonstrate how Lotus merges sports car heritage with luxurious electrification.<br>
			<br>
			With the presentation of the Theory 1, historic and sports Lotus models, and the all-electric lineup, Lotus at IAA Mobility 2025 once again underscores the brand&rsquo;s vision for the future: uniting performance, innovation, and design while carrying the thrill of driving into the future &ndash; all in line with the motto &ldquo;Are you a Driver or What?&rdquo;.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2220</guid><pubDate>Thu, 04 Sep 2025 23:00:00 +0000</pubDate></item><item><title>Lotus pays tribute to Ayrton Senna&#x2019;s first F1 victory during TABAC Classic GP at Assen</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-pays-tribute-to-ayrton-senna%E2%80%99s-first-f1-victory-during-tabac-classic-gp-at-assen-r2219/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/press-news-senna-header-OG.webp.e84458d90441a602c9a0cb5b602f6813.webp" /></p>
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	Lotus pays tribute to Ayrton Senna&rsquo;s first F1 victory during TABAC Classic GP at Assen
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				<strong>Historic Formula 1 car with which Ayrton Senna claimed his finest victory makes an appearance in the Netherlands</strong>
			</li>
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				<strong>Lotus 97T in the iconic black-and-gold livery one of the highlights at TABAC Classic GP (5-7 September)</strong>
			</li>
			<li>
				<strong>Senna&rsquo;s lead mechanic Chris Dinnage chases Lotus F1 car around Assen circuit, in the presence of Ayrton&rsquo;s nephew Bruno Senna</strong>
			</li>
			<li>
				<strong>Brazilian ambassador to the Netherlands attends tribute to Senna</strong>
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>London, UK - 2 September 2025</strong> Forty years after triple Formula One World Champion Ayrton Senna scored his historic first F1 victory in the Lotus 97T at the Estoril circuit (Portugal) in the rain, Lotus will commemorate this very first Senna victory during the TABAC Classic GP at the TT Circuit Assen. In the presence of Bruno Senna &ndash; Ayrton&rsquo;s nephew &ndash; and the Brazilian ambassador to the Netherlands, Ayrton Senna&#39;s lead mechanic Chris Dinnage will get behind the wheel of the legendary car, dressed in the familiar black-and-gold livery, for some unforgettable laps on the Assen circuit during the classic event (5-7 September). Seeing &aacute;nd hearing this iconic Senna car is without any doubt going to bring back glorious times for visitors of the event.<br>
			<br>
			21 April 2025 marked a milestone in Lotus&rsquo; and Formula 1&rsquo;s history books: the 40th anniversary of Ayrton Senna&#39;s first Grand Prix victory. That milestone coincides with the year when Formula 1 celebrates its 75th anniversary, a period during which Lotus enriched the top class of international motorsport with numerous cutting-edge innovations that nowadays still define the technology of today&#39;s F1 cars.<br>
			<br>
			Chris Dinnage, Classic Team Lotus Team Manager and at the time Ayrton Senna&#39;s lead mechanic during that very first, now legendary victory in 1985, pays a fitting tribute at the Assen circuit together with Bruno Senna in the same Lotus 97T Formula One car. Dinnage boasts an impressive track record at Lotus. Not only was he, alongside Senna, the lead mechanic for drivers like Elio de Angelis, Nelson Piquet, Mika Hakkinen, Johnny Herbert and Martin Donnelly; he is also the one who has driven the most Lotus race and street cars in the world. The Lotus 97T is owned and run by Clive Chapman and Classic team Lotus.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Senna&#39;s best win
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Ayrton Senna&#39;s victory at Estoril four decades ago was a masterclass in driving in the rain, with the Brazilian lapping almost the entire field and scoring the first of his 41 Formula 1 victories. Senna himself also considered this performance the best of his career and dismissed the widespread belief that his victory at Donington in 1993 was his best race. Senna was quoted as saying: <em>&ldquo;No way! I had traction control there. It was a good win but compared with Estoril &lsquo;85 it was nothing.&rdquo;</em><br>
			<br>
			The Lotus 97T itself was a pioneering race car and was the first to feature vertical aerodynamic innovations behind the front wheels for airflow conduction, which eventually evolved into the highly advanced barge boards, a defining feature in contemporary F1 aerodynamics. Lotus&rsquo; tribute at the TABAC Classic GP in Assen solidifies the connection between Lotus and Ayrton&rsquo;s impressive rise in Formula 1, celebrating the golden era of turbocharged racing and the spirit of innovation that defined both the driver and the team.<br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Emotional and historic moment
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			<em>&quot;For Team Lotus, Ayrton&#39;s arrival was a defining moment,&quot;</em><strong> explains Clive Chapman, Managing Director of Classic Team Lotus.</strong><em>&quot;His talent, technical acumen and relentless drive helped move the team forward. This anniversary allows us to relive that magic and honour his legacy. Lotus&rsquo; tribute at Assen promises to be an emotional and historic moment confirming Senna&rsquo;s lasting influence on motorsport.&quot; </em><br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Ayrton Senna
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Ayrton Senna was a legend, and by the time he won his first world championship, he had already transcended his sport and become a global superstar. Ordinary people, usually not interested in motorsport, were fascinated by his personality and by his sometimes uncompromising driving tactics. The three years that Ayrton Senna drove for Team Lotus - from 1985 to 1987 - were one of the most exciting periods in motorsport history. Not only did titanic battles rage between the four leading teams - Lotus, McLaren, Williams and Ferrari - in the second phase of the powerful turbo era, rivalry between the best Formula 1 drivers was also well documented both on and off the track.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Lotus 97T technical data
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Year of Production:</strong> 1985
			</li>
			<li>
				<strong>Examples Built:</strong> 4
			</li>
			<li>
				<strong>Engine Type:</strong> Turbocharged Renault EF4 V6
			</li>
			<li>
				<strong>Engine Size:</strong> 1492cc
			</li>
			<li>
				<strong>Engine Power:</strong> 780-850bhp
			</li>
			<li>
				<strong>Length/Width/Height:</strong>4,21m/2,14m/1m
			</li>
			<li>
				<strong>Wheelbase:</strong> 2,77m
			</li>
			<li>
				<strong>Weight:</strong> 539kg (regulation)
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			The TABAC Classic GP will take place from 5 to 7 September at the TT Circuit Assen. More information about the event is available on the TABAC Classic GP website.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2219</guid><pubDate>Mon, 01 Sep 2025 23:00:00 +0000</pubDate></item><item><title>Lotus Technology reports unaudited second quarter and first half 2025 financial results</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-technology-reports-unaudited-second-quarter-and-first-half-2025-financial-results-r2218/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/lineup-press-news-mobile.webp.a3cf914d684191236d4d683284dcde1e.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus Technology reports unaudited second quarter and first half 2025 financial results
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Delivered over 2,800 vehicles<sup>1</sup> and achieved total revenue of $218 million in the first half of 2025</strong>
			</li>
			<li>
				<strong>The operating loss in the first half 2025 narrowed approximately 40% year-on-year to $263 million</strong>
			</li>
			<li>
				<strong>Received up to approximately $500 million funding commitment from institutional investors and strategic partners</strong>
			</li>
			<li>
				<strong>Lotus Robotics entered into MOU with a strategic partner for strategic collaboration on intelligent driving, exploring Robotaxi development in Saudi Arabia.</strong>
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>New York &ndash; August 29, 2025 </strong> &ndash; Lotus Technology Inc. (&ldquo;Lotus Tech&rdquo; or the &ldquo;Company&rdquo;), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the second quarter and half year ended June 30, 2025.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Operating Highlights of the First Half of 2025
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			In the first half of 2025, the Company achieved total deliveries1 of 2,813 units, representing a transitional period characterized by the tariff impact, gradual destocking and the phased commencement of upgraded model deliveries.<br>
			<br>
			Deliveries in the first half of 2025 was primarily contributed by the China market. With customer deliveries of upgraded models rolled out in the second quarter, the upgraded Eletre hyper SUV has become a dominant player in China&rsquo;s premium luxury BEV SUV segment2 in the second quarter of 2025. Deliveries of sportscars to the North America were disrupted in the second quarter due to tariff issues but have resumed since July.<br>
			&nbsp;
		</p>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Deliveries<sup style="font-size: 0.75em;">1</sup> by Model Type
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							1H 2025
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							1H 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							%Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Lifestyle SUV and Sedan
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,922
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							2,428
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(21%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Sportscars
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							891
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							2,476
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(64%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-weight: 600;">
							Total
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							2,813
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							4,904
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							(43%)
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Deliveries<sup style="font-size: 0.75em;">1</sup> by Region
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							1H 2025
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							1H 2025%
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							1H 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							1H 2024 %
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Europe
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							858
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							31%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,459
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							30%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							China
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,403
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							50%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,239
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							25%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							North America
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							430
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							15%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,278
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							26%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Rest of the World
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							122
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							4%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							928
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							19%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-weight: 600;">
							Total
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							2,813
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							100%
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							4,904
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							100%
						</td>
					</tr>
				</tbody>
			</table>
		</div>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			On June 30, 2025, Etika Automotive Sdn Bhd (&ldquo;Etika&rdquo;) exercised its put option, requiring the Company to purchase 49% of equity interests in Lotus Advance Technologies Sdn (&ldquo;Lotus UK&rdquo;) held by Etika. With Geely having exercised a similar put option in April 2025, the Company is now expected to acquire 100% of the equity interests of Lotus UK by 2025, subject to potential regulatory approvals. Upon completion, the Company will gain control over Lotus UK and consolidate its financial results. The strategic transaction will enable the Company to integrate all businesses and operations under the Lotus brand. The acquisition will be conducted through non-cash transactions based on pre-agreed prices.<br>
			&nbsp;
		</p>

		<div class="__ff-overpass __f-h9 __c-black" style="margin-bottom: 16px;">
			<strong>Financial Highlights of the First Half of 2025</strong>
		</div>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Total revenues</strong> for the first half of 2025 was $218 million, a 45% YoY decrease.
			</li>
			<li>
				<strong>Gross margin</strong> for the first half was 8.2%, versus 12.8% for the first half of 2024.
			</li>
			<li>
				<strong>Operating loss</strong> was $263 million for the first half of 2025, narrowed by 40% YoY.
			</li>
			<li>
				<strong>Net loss</strong> was $313 million for the first half of 2025, narrowed by 32% YoY.
			</li>
			<li>
				<strong>Adjusted EBITDA (non-GAAP)</strong> was a loss of $240 million for the first half of 2025, narrowed by 37% YoY.
			</li>
		</ul>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				<strong>Key Financial Results</strong>
			</div>

			<div style="margin-bottom: 12px;">
				The table below summarizes key preliminary financial results for the half year ended June 30, 2025.
			</div>

			<div style="font-style: italic; margin-bottom: 12px;">
				(in millions of U.S. dollars, unaudited)
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							1H 2025
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							1H 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							% Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Revenue
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							218
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							398
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(45%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Cost of revenue
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							200
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							347
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(42%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Gross profit
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							18
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							51
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(65%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-style: italic; border-bottom: 1px solid #eee;">
							Gross margin (%)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							8%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							13%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							-
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Operating loss
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(263)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(438)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(40%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Net loss
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(313)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(460)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(32%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							&nbsp;&nbsp;&nbsp;&nbsp;Adjusted net loss<sup>(A)</sup>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(311)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(424)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(27%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px;">
							Adjusted EBITDA<sup>(A)</sup>
						</td>
						<td style="padding: 8px 10px;">
							(240)
						</td>
						<td style="padding: 8px 10px;">
							(382)
						</td>
						<td style="padding: 8px 10px;">
							(37%)
						</td>
					</tr>
				</tbody>
			</table>

			<div style="font-size: 11px; margin-top: 12px;">
				<sup>(A)</sup> Non-GAAP measure. See &ldquo;Non-GAAP Financial Measures&rdquo; and &ldquo;Appendix D &ndash; Unaudited Reconciliation of GAAP and Non-GAAP results (Adjusted net loss/Adjusted EBITDA)&rdquo; for details and a reconciliation of adjusted metrics to the nearest GAAP measure.
			</div>
		</div>

		<div class="__ff-overpass __f-h9 __c-black" style="margin-bottom: 16px;">
			<strong>Recent Developments</strong>
		</div>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>New Sources of Funding:</strong> On August 19, 2025, the Company entered into a securities purchase agreement with ATW Partners, pursuant to which the Company agreed to issue and sell convertible notes for up to an aggregate principal amount of $300 million. Pursuant to this agreement, the Company issued notes in the original principal amount of $10 million on August 19, 2025, and up to $290 million in aggregate principal amount of additional convertible notes may be issued upon satisfaction of certain conditions. On July 28, 2025, the Company entered into a Master Credit Facility Framework Agreement with Zhejiang Geely Holding Group Company Limited (&ldquo;Geely&rdquo;), pursuant to which Geely agrees to provide (including through its affiliates) the Company and its affiliates with a non-revolving credit facility of up to RMB1,600,000,000.
			</li>
			<li>
				<strong>Goodwood Festival of Speed:</strong> In July, Lotus announced its official return to Goodwood Festival by unveiling the &ldquo;Emira Cup&rdquo; race car at the event. Lotus also exhibited the concept car &ldquo;Theory 1&rdquo;, with a full lineup including hypercar Evija, Emeya hyper GT, Eletre hyper SUV, Emira, as well as legacy race cars, to numerous Goodwood visitors.
			</li>
			<li>
				<strong>Strategic Partnership:</strong> Lotus Robotics, a wholly-owned subsidiary of the Company has entered into a Memorandum of Understanding (MoU) with a strategic partner to pursue a strategic collaboration in AI and intelligent driving technologies, including the exploration of a Robotaxi project in Saudi Arabia.
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			CEO and CFO Comments
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>Mr. Qingfeng Feng, Chief Executive Officer, commented:</strong><em> &quot;Amidst volatile market condition, our ability to deliver standout performance in China&#39;s fiercely competitive landscape underscores the resilience of our strategy. We are grateful to our investors for their confidence in our vision &ndash; the recent capital injections have not only fortified our cash positions but will also accelerate our transformation into a next-generation mobility leader. We are confident that we will further strengthen our operations and deliver sustainable value for our shareholders over the long-term.&quot;</em><br>
			<br>
			<strong>Dr. Daxue Wang, Chief Financial Officer, commented:</strong><em>&quot;With deliveries of the upgraded models ramping up in China during the second quarter, we achieved a QoQ revenue growth of 35%, a testament to our product competitiveness. Notably, our gross margin has rebounded meaningfully from the trough as compared with the full year of 2024, supported by disciplined cost controls. We remain committed to enhancing operational efficiency to continue to deliver value for our customers, partners, and shareholders.&rdquo;</em><br>
			&nbsp;
		</p>

		<div class="__ff-overpass __f-h9 __c-black" style="margin-bottom: 16px;">
			<strong>Operating and Financial Results of the Second Quarter of 2025</strong>
		</div>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Total deliveries<sup>1</sup></strong> for the second quarter of 2025 was 1,410 units, a 49% YoY decrease.
			</li>
			<li>
				<strong>Total revenues</strong> for the second quarter of 2025 were $126 million, a 44% YoY decrease.
			</li>
			<li>
				<strong>Gross margin</strong> for the second quarter of 2025 was 5.4%, versus 9.2% for the same period of 2024.
			</li>
			<li>
				<strong>Net loss</strong> for the second quarter was $130 million, narrowed by 36% YoY.
			</li>
			<li>
				<strong>Adjusted EBITDA (non-GAAP)</strong> was a loss of $103 million for the second quarter of 2025, narrowed by 42% YoY.
			</li>
		</ul>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Deliveries<sup style="font-size: 0.75em;">1</sup> by Model Type
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #000;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #000;">
							2Q 2025
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #000;">
							2Q 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #000;">
							% Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #000;">
							Lifestyle SUV and Sedan
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #000;">
							1,170
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #000;">
							1,385
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #000;">
							(16%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #000;">
							Sportscars
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #000;">
							240
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #000;">
							1,354
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #000;">
							(82%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-weight: 600; border-top: 2px solid #000;">
							Total
						</td>
						<td style="padding: 8px 10px; font-weight: 600; border-top: 2px solid #000;">
							1,410
						</td>
						<td style="padding: 8px 10px; font-weight: 600; border-top: 2px solid #000;">
							2,739
						</td>
						<td style="padding: 8px 10px; font-weight: 600; border-top: 2px solid #000;">
							(49%)
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				<strong>Key Financial Results</strong>
			</div>

			<div style="margin-bottom: 12px;">
				The table below summarizes key preliminary financial results for the second quarter in 2025.
			</div>

			<div style="font-style: italic; margin-bottom: 12px;">
				(in millions of U.S. dollars, unaudited)
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #000;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #000;">
							2Q 2025
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #000;">
							2Q 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #000;">
							%Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Revenue
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							126
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							225
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(44%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Cost of Revenue
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							119
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							204
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(42%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Gross profit
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							7
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							21
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(67%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-style: italic; border-bottom: 1px solid #eee;">
							Gross margin (%)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							5%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							9%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							-
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Operating loss
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(160)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(204)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(22%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Net loss
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(130)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(202)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(36%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							&nbsp;&nbsp;&nbsp;&nbsp;Adjusted net loss<sup>(A)</sup>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(128)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(201)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(36%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px;">
							Adjusted EBITDA<sup>(A)</sup>
						</td>
						<td style="padding: 8px 10px;">
							(103)
						</td>
						<td style="padding: 8px 10px;">
							(177)
						</td>
						<td style="padding: 8px 10px;">
							(42%)
						</td>
					</tr>
				</tbody>
			</table>

			<div style="font-size: 11px; margin-top: 12px;">
				<sup>(A)</sup> Non-GAAP measure. See &ldquo;Non-GAAP Financial Measures&rdquo; and &ldquo;Appendix D &ndash; Unaudited Reconciliation of GAAP and Non-GAAP results (Adjusted net loss/Adjusted EBITDA)&rdquo; for details and a reconciliation of adjusted metrics to the nearest GAAP measure.
			</div>
		</div>
	</div>
</div>
]]></description><guid isPermaLink="false">2218</guid><pubDate>Thu, 28 Aug 2025 23:00:00 +0000</pubDate></item><item><title>Jan Lammers tests Zandvoort-winning Lotus Type 79 Formula 1 car</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/jan-lammers-tests-zandvoort-winning-lotus-type-79-formula-1-car-r2217/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/press-news-type79-jan-lammers-1920x1080.webp.7438846294bf4a74210fa49086dd182a.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Jan Lammers tests Zandvoort-winning Lotus Type 79 Formula 1 car
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<ul>
		</ul>

		<ul>
			<li>
				<strong>Dutch driving champion reunited with the car he tested 46 years ago in pursuit of an F1 seat</strong>
			</li>
			<li>
				<strong>From Jim Clark to Mario Andretti: Lotus remains one of Zandvoort&rsquo;s most successful marques, with six victories</strong>
			</li>
			<li>
				<strong>Lotus Evija hypercar leaves a lasting impression on Jan Lammers</strong>
			</li>
			<br>
			<br>
			&nbsp;
		</ul>

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>London, UK &ndash; 27 August 2025</strong> With the 2025 edition of the Dutch Grand Prix approaching, former Formula 1 driver Jan Lammers returned to historic ground last week. At Lotus&rsquo; test track in Hethel, Norfolk, Lammers took the wheel of the legendary Lotus Type 79 Formula 1 car &ndash; the machine with which Mario Andretti not only won the 1978 Dutch Grand Prix at Zandvoort, but also secured both the drivers&rsquo; and constructors&rsquo; world championships. One year later, in 1979, Lammers himself tested a Lotus Type 79 chassis in a bid to earn a place in the Formula 1 team.<br>
			<br>
			Lammers received a warm reception in Hethel as a respected member of the Lotus family. Several mechanics and engineers who had worked with him during his Lotus days were present to extend a heartfelt welcome. Seeing the Lotus Type 79 Cosworth once more &ndash; this example in the iconic black-and-gold John Player Special livery with which Andretti claimed the 1978 title &ndash; evoked vivid memories of the era in which Lotus dominated Formula 1.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Technology as the foundation of success
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Lotus is still renowned for the many technical innovations it pioneered in Formula 1, many of which remain integral to today&rsquo;s cars. In 1957, Lotus was the first to adopt sequential gearboxes; in 1966 the team made the engine a stressed component of the chassis; in 1979 it introduced the rear diffuser; and in 1981 Lotus debuted Formula 1&rsquo;s first carbon fibre monocoque. Even something as commonplace as sponsor logos on the car was initiated by Lotus. But perhaps the brand&#39;s best-known innovation was the so-called &#39;ground effect&#39; technology, which first appeared on the Lotus Type 78 and was perfected on the Type 79. This principle accelerates airflow beneath the car, effectively &lsquo;sucking&rsquo; it to the track surface.<br>
			<br>
			It was the Type 79 that demonstrated the full potential of this technology. On its 1978 debut at Spa-Francorchamps, the car won immediately with Mario Andretti at the wheel, who went on to take five more victories that season. Among them was the Dutch Grand Prix at Zandvoort, made even more memorable when Andretti&rsquo;s team-mate Ronnie Peterson finished second to complete a Lotus one-two. That winning campaign earned Andretti the drivers&rsquo; championship and Lotus the constructors&rsquo; title.<br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Test a championship-winning car
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			A year later, on 24 and 25 October 1979, the same Type 79 chassis was ready for Jan Lammers at the Paul Ricard circuit, this time sporting the familiar &#39;Martini&#39; livery. Lammers was given the chance to test the car for Lotus that year in an effort to secure a coveted Formula 1 seat with the factory team. In the end, the drive went to Italian driver Elio de Angelis.<br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Handwritten test notes still preserved
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			A year later, on 24 and 25 October 1979, the same Type 79 chassis was ready for Jan Lammers at the Paul Ricard circuit, this time sporting the familiar &#39;Martini&#39; livery. Lammers was given the chance to test the car for Lotus that year in an effort to secure a coveted Formula 1 seat with the factory team. In the end, the drive went to Italian driver Elio de Angelis.<br>
			<br>
			Together with Clive Chapman, Colin Chapman&#39;s son and owner of Classic Team Lotus, Lammers revisited his first laps in the Type 79. To his surprise, the original handwritten notes from his 1979 Paul Ricard test had been carefully preserved. To mark the occasion, Clive Chapman presented Lammers with a painting commemorating Lotus&rsquo; famous one-two victory at Zandvoort. Of course, it was not only a day of reminiscence: Lammers also took to the track in the John Player Special car for a number of memorable laps.<br>
			<br>
			<i>&ldquo;It was great fun to be reunited with the people at Lotus, whom I know both from my Formula 1 days and from the GT programme,&rdquo; said Jan Lammers afterwards. &ldquo;The fact that a top-dominant Formula 1 car from that era and the modern Lotus Evija hypercar of today are hardly inferior to each other in terms of performance and handling is indicative of the evolution of the entire automotive industry.&rdquo;</i><br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Lotus triumphs at Zandvoort
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Although Lotus has long since departed Formula 1, it remains one of the most successful marques at Zandvoort with six victories. Jim Clark still holds the outright record at the circuit, winning four times in 1963, 1964, 1965 and 1967.In 1970 Austrian Jochen Rindt added another Zandvoort win for Lotus, before Mario Andretti triumphed there in 1978.<br>
			<br>
			One of the cars with which Jim Clark achieved so much success was the Lotus Type 33, in which he became Formula 1 world champion in 1965. In the same year, he also won the Indianapolis 500 &ndash; an achievement still unmatched. That very Type 33 has recently been fully restored by Lotus and made roadworthy again, and was naturally one of the highlights for Lammers during his Hethel visit.<br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Lammers drives the world&#39;s most powerful electric production car
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			The Type 79 was not the only machine Lammers experienced at Hethel. Lotus also handed him the keys to the new Evija hypercar &ndash; producing 2,039 PS, it is the world&rsquo;s most powerful series-production electric car. With acceleration from 0 to 100 km/h in under three seconds and a limited top speed of 350 km/h, the Evija delivers extraordinary performance. It provided the perfect tool for several electrifying laps of the Hethel track, leaving Lammers deeply impressed.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2217</guid><pubDate>Tue, 26 Aug 2025 23:00:00 +0000</pubDate></item><item><title>Spatial Audio in CarPlay is now available in Lotus vehicles</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/spatial-audio-in-carplay-is-now-available-in-lotus-vehicles-r2216/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/press-news-KEF-header-desktop.webp.472b7b145c8807783599724a6c05b778.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline" data-spm-anchor-id="0.0.0.i2.40555a26OfG2IX">
	Immerse Yourself in Incredible Sound: Spatial Audio in CarPlay is now available in Lotus vehicles
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black" data-spm-anchor-id="0.0.0.i3.40555a26OfG2IX">
			<strong>London, UK, 6 August 2025</strong> Starting today, Lotus is bringing Spatial Audio in CarPlay to its electric vehicles. Pushing the boundaries of the in-car listening experience, ELETRE and EMEYA are equipped with ground-breaking technologies from legendary British audio brand KEF, bringing award-winning high-fidelity sound to every journey. Drivers can enjoy immersive 3D surround sound in Dolby Atmos through up to 23 speakers.<br>
			<br>
			Spatial Audio in CarPlay brings more immersive, rich, and lifelike audio in the car with Apple Music, which offers an ever-growing selection of music in Spatial Audio from some of the world&rsquo;s biggest artists spanning all genres, as well as curated Spatial Audio playlists. When playing Dolby Atmos content, the driver and passengers can feel the music move through every part of the cabin, revealing sensory-rich encounters of depth, clarity, and detail, allowing listeners to enjoy the music like never before.<br>
			<br>
			Spatial Audio in CarPlay is available to Lotus drivers with an iPhone running iOS 18 or later. An over-the-air vehicle update is required.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2216</guid><pubDate>Tue, 05 Aug 2025 23:00:00 +0000</pubDate></item><item><title>Lotus returns to Goodwood Festival of Speed with a bold celebration of its past, present and future</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-returns-to-goodwood-festival-of-speed-with-a-bold-celebration-of-its-past-present-and-future-r2215/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/press-news-goodwood-header-mobile.webp.ad2ceca0fbf185dc0dd063ee0d98d295.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus returns to Goodwood Festival of Speed with a bold celebration of its past, present and future
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>HETHEL, UK &ndash; JULY 08 2025 </strong> With debuts, dynamic displays and a celebration of 75 years of F1 legacy, Lotus is set to return to the 2025 Goodwood Festival of Speed with an immersive line up, bringing together the most comprehensive Lotus showcase from its past, present, and future.<br>
			<br>
			<a href="https://www.lotuscars.com/en/sitecore/content/Global-Contents/Blueprint-Content/lotus-story/theory-1"><strong><span style="text-decoration: underline;">Theory 1</span></strong></a>&nbsp;will make its Goodwood debut this year. The concept car is Lotus&#39; showcase of the brand&#39;s vision for the future, focusing on innovative design and groundbreaking technology, and will take pride of place on the show stand.<br>
			<br>
			<strong>Ben Payne, Vice President of Design, Lotus Group said:</strong> <em>&ldquo;Theory 1 represents the next chapter for Lotus, and we&rsquo;re thrilled to show the car during the event. This concept builds on everything Lotus has achieved in its 77-year history, to push the boundaries for what it means to drive a performance vehicle. We want to demonstrate that you don&rsquo;t need to compromise &ndash; with both digital and analogue capabilities working harmoniously in the future car. In doing this, we can bring drivers the best possible immersive driving experience with raw emotion, functionality and connectivity, at the core.&rdquo;</em><br>
			<br>
			<strong>Clive Chapman said:</strong><em> &ldquo;2025 marks the 40th anniversary of <a href="https://www.lotuscars.com/en/press/news/lotus-and-bruno-senna-celebrate-ayrton-sennas-first-f1-victory-at-estoril"><strong><span style="text-decoration: underline;">Ayrton Senna&rsquo;s first F1 victory at Estoril with Team Lotus</span></strong></a><strong><span style="text-decoration: underline;">,</span></strong> a defining moment for both team and driver. We also celebrated the 60th anniversary of Jim Clark&rsquo;s unrivalled year of winning the Formula 1 World championship, Indianapolis 500, Tasman Series and the Formula 2 Championship. The talent, technical understanding and passion of both drivers helped push Team Lotus to such great achievements. I am sure the fans at Goodwood will enjoy seeing these iconic cars and listening to our personal insights into the careers of two of the greatest drivers in the 75 years of F1.&rdquo;</em><br>
			<br>
			Team Lotus is back and will debut its Emira Cup racer. The car is heavily based on the road-going<strong> <a href="https://www.lotuscars.com/en/emira"><span style="text-decoration: underline;">Emira sports car</span></a></strong>&nbsp;and is designed to take enthusiasts and beginner racers through the ladder from first track days to full competition in Lotus Cup series around the world.<br>
			<br>
			The current Lotus lineup, <a href="https://www.lotuscars.com/en/evija"><strong><span style="text-decoration: underline;">Evija</span></strong></a>, <a href="https://www.lotuscars.com/en/emeya"><strong><span style="text-decoration: underline;">Emeya</span></strong></a>, <a href="https://www.lotuscars.com/en/eletre"><strong><span style="text-decoration: underline;">Eletre</span></strong></a>&nbsp;and Emira will all be participating in daily dynamic hill runs, and visitors will be able to explore these models in more detail on the Lotus stand, with product specialists on hand to support.<br>
			<br>
			Throughout the weekend, the Lotus stand will be a hub of activity, featuring daily Q&amp;As hosted by renowned journalist and presenter, Natasha Bird. Natasha will be quizzing guests on their experience and lead important discussions about how we bring the joy of racing into a more inclusive era.<br>
			<br>
			<strong>Natasha said:</strong> <em>&ldquo;I&rsquo;m looking forward to hosting a series of discussions on the Lotus stand again this year. We&rsquo;ll dive into Lotus&rsquo; incredible heritage of racing passion and innovation in motorsport and also explore how the industry is moving towards a more inclusive future.&quot; </em>
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Live on the stand
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Visitors can enjoy daily Lotus Moments at 11:00 and 15:00 on the Lotus stand, a family-friendly experience full of energy, sound, and surprise.<br>
			<br>
			On Thursday, join us at 11:30 and 14:00 for conversations with Lotus spokespeople, exploring the brand&rsquo;s DNA and its journey through time. Then on Friday at 14:00, don&rsquo;t miss a special panel on how we can support inclusion in motorsport from an early age, presented in partnership with Race for Diversity and Inclusion.<br>
			<br>
			Lotus will honour two of the greatest drivers in motorsport history, Jim Clark and Ayrton Senna, with a tribute to their racing legacy and the iconic Team Lotus era. On Saturday and Sunday at 12:30, join Clive Chapman for exclusive interviews and personal memories of these F1 heroes.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Notes to editors
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>About Lotus</strong> - Lotus is a global performance brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true automotive innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform and feel. Lotus Group is made up of a high-performance sports car business, Lotus Cars, and an all-electric luxury mobility provider, Lotus Technology. Together, they are setting a new standard for automotive excellence.<br>
			<br>
			<strong>About Theory 1</strong> - Theory 1 is not for sale. This is a concept car, which is a canvas for our design R&amp;D programmes, and our intent for the technology and innovation we are exploring implementing in the future across all our product lineup including lifestyle EVs and sportscars.
		</p>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 40px;">
			<div style="font-style: italic; font-size: 13px; margin-bottom: 10px;">
				Powertrain and performance
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Category
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Theory 1
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Battery capacity
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							70 kWh
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							0&ndash;100 km/h (0&ndash;62 mph)
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							&lt;2.5&gt;
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Max power
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							1000 PS
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Top speed
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							320 kph
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							WLTP combined range
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							402 km / 250 miles
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Drivetrain
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							AWD
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 40px;">
			<div style="font-style: italic; font-size: 13px; margin-bottom: 10px;">
				Dimensions
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Category
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Theory 1
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Height
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							1140 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Length
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							4490 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Width (including cameras)
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							2000 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Width (excluding cameras)
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							2000 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Wheelbase
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							2650 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Front track
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							1720 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Rear track
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							1700 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Front overhang
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							1052 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Rear overhang
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							790 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Weight
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							&lt;1600&gt;
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 40px;">
			<div style="font-style: italic; font-size: 13px; margin-bottom: 10px;">
				Body and chassis
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Category
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Theory 1
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Tub
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Recycled chop carbon fiber
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Body
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Cellulose composite and polycarbonate
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Greenhouse
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Recycled glass
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 40px;">
			<div style="font-style: italic; font-size: 13px; margin-bottom: 10px;">
				Steering and Suspension
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Category
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Theory 1
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Steering
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Steer by wire
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Suspension type
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Front and read double wishbone
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Damping system
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Active
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 40px;">
			<div style="font-style: italic; font-size: 13px; margin-bottom: 10px;">
				Wheels and brakes
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Category
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 12px; border-bottom: 2px solid #ccc; width: 50%;">
							Theory 1
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Tyres &ndash; front
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Pirelli P-ZERO Elect &ndash; 265/35 R20
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Tyres &ndash; rear
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Pirelli P-ZERO Elect &ndash; 325/30 R21
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Rims &ndash; front
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							20 X 9.5J
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Rims &ndash; rear
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							21 X 11.5J
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Brakes
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							AP Racing 6 piston calipers<br>
							Near-net Monoblock forged
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Front discs
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							390 x 36 mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							Rear discs
						</td>
						<td style="padding: 8px 12px; border-bottom: 1px solid #eee;">
							390 x 36 mm
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<p>
			&nbsp;
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>About Emira Cup Car</strong> The Emira Cup car is designed to be built on the same line as the standard Emira and proves the value of Lotus&rsquo; flexible approach: autonomous guided vehicles carry cars through each build stage, so the Emira Cup cars can be built up with production engines, gearboxes and chassis on the main line and easily removed for hand installation of race-specific components. These additions will be able to be fitted at dealerships or by Lotus technicians at the factory, ensuring customers receive a turn-key car with Lotus&rsquo; technical support, ready for them to realise their racing dreams.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2215</guid><pubDate>Mon, 07 Jul 2025 23:00:00 +0000</pubDate></item><item><title>Lotus to acquire Lotus Advance Technologies</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-to-acquire-lotus-advance-technologies-r2214/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/lineup-news-press-desktop.webp.fe8338e61a5e662810f72a80baf943cc.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus Technology to acquire 100% equity interest of Lotus Advance Technologies and integrate all business and operations under Lotus brand
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>NEW YORK &ndash; 1 JULY 2025</strong> Lotus Technology Inc. (&ldquo;Lotus Tech&rdquo; or the &ldquo;Company&rdquo;) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that Etika Automotive Sdn Bhd (&ldquo;Etika&rdquo;) exercised its put option on June 30, 2025, requiring the company to purchase 49% of the equity interests in Lotus Advance Technologies Sdn Bhd (&ldquo;Lotus UK&rdquo;) held by Etika pursuant to the Put Option Agreement dated January 31, 2023 between the parties.<br>
			<br>
			Lotus UK is currently owned by Geely International (Hong Kong) Limited (&ldquo;Geely HK&rdquo;) and Etika. As announced on April 14, 2025, Geely HK exercised a similar put option granted to it by the Company. With Etika having exercised its put option, the Company is expected to acquire 100% of the equity interests of Lotus UK through non-cash transactions based on pre-agreed prices. Upon completion, the Company will gain control over Lotus UK and consolidate its financial results. The strategic transaction will enable the Company to integrate all businesses and operations under the Lotus brand.<br>
			<br>
			Lotus UK controls the manufacturing operations of Lotus&rsquo; sportscars and hyper cars, and Lotus Engineering which provides comprehensive consultancy services to many of the OEMs and Tier 1 suppliers around the world.<br>
			<br>
			The acquisition is expected to be completed in 2025, subject to potential regulatory approvals.<br>
			<br>
			In conjunction with the business combination between the Company and L Catterton Asia Acquisition Corp, a special purpose acquisition company affiliated with L Catterton, a leading global consumer-focused investment firm, the Company and Lotus UK entered into a Put Option Agreement with each of Geely HK and Etika. Pursuant to these agreements, each of Geely HK and Etika was granted the right to require the Company to acquire its equity interest in Lotus UK at a pre-agreed pricing method1 and upon satisfaction of the condition (&ldquo;Put Option Exercise Condition&rdquo;) that the total number of vehicles sold by Lotus UK and its subsidiaries shall exceed 5,000 in 2024, with the exercise of such options by Geely HK and Etika not cross-conditioned on one another. As of December 31, 2024, the Put Option Exercise Condition had been satisfied.<br>
			<br>
			Note 1: Pursuant to the agreement, the Company will issue new shares valued at $10 per share in consideration of Geely HK and Etika&rsquo;s transfer of Lotus UK shares. Lotus UK is valued at 1.15 multiples revenue plus cash minus debt of LGIL, based on LGIL&rsquo;s audited consolidated annual financial report of 2024.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			About Lotus Technology Inc.
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle battery electric vehicles, with a focus on world-class R&amp;D in next generation automobility technologies such as electrification, digitalisation and more. For more information about Lotus Technology Inc., please visit <a href="http://" rel="noopener noreferrer" target="_blank">www.group-lotus.com.</a><br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Forward-Looking Statements
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			This press release contains statements that may constitute &ldquo;forward-looking&rdquo; statements pursuant to the &ldquo;safe harbor&rdquo; provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as &ldquo;may&rdquo;, &ldquo;should&rdquo;, &ldquo;expect&rdquo;, &ldquo;intend&rdquo;, &ldquo;will&rdquo;, &ldquo;estimate&rdquo;, &ldquo;anticipate&rdquo;, &ldquo;believe&rdquo;, &ldquo;predict&rdquo;, &ldquo;potential&rdquo;, &ldquo;forecast&rdquo;, &ldquo;plan&rdquo;, &ldquo;seek&rdquo;, &ldquo;future&rdquo;, &ldquo;propose&rdquo; or &ldquo;continue&rdquo;, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading &ldquo;Risk Factors&rdquo; in the Company&rsquo;s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Tech undertakes no obligation to update any forward-looking statement, except as required under applicable law.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2214</guid><pubDate>Mon, 30 Jun 2025 23:00:00 +0000</pubDate></item><item><title>Lotus Technology reports unaudited first quarter 2025 financial results</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-technology-reports-unaudited-first-quarter-2025-financial-results-r2213/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/lineup-press-news-mobile.webp.75b2c8cb53ca7f4c3a423f7ed94564e9.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus Technology reports unaudited first quarter 2025 financial results
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>New York &ndash; June 25, 2025</strong> Lotus Technology Inc. (&ldquo;Lotus Tech&rdquo; or the &ldquo;Company&rdquo;), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the first quarter ended March 31, 2025.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Operating Highlights for the First Quarter of 2025
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			In the first quarter of 2025, the Company achieved total deliveries1 of 1,274 units, reflecting the scheduled transition period before upgraded models commence deliveries and the effect of prior destocking. The deliveries were primarily contributed from the Europe, North America and China markets.<br>
			<br>
			In the first quarter, Lotus started revamping the lineup for its Eletre hyper-SUV and Emeya hyper-GT with upgraded configuration and competitive pricing. Customer deliveries of these upgraded models kicked off in the second quarter in China and is expected to start in Europe in the third quarter.<br>
			<br>
			Recently, Lotus introduced 2026 Emira V6 SE, Emira Turbo as well as Emira Clark limited edition, catering to international market needs. Building on its racing heritage, Lotus has partnered with strategic allies to launch a national-level GT single-make racing series in China.<br>
			&nbsp;
		</p>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Deliveries<sup style="font-size: 0.75em;">1</sup> by Model Type
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Jan&ndash;Mar, 2025
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Jan&ndash;Mar, 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							%Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Lifestyle SUV and Sedan
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							719
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,047
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							-31%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Sportscars
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							555
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,147
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							-52%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-weight: 600;">
							Total
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							1,274
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							2,194
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							-42%
						</td>
					</tr>
				</tbody>
			</table>
		</div>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Deliveries<sup style="font-size: 0.75em;">1</sup> by Region
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Jan&ndash;Mar, 2025
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							% by region
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Jan&ndash;Mar, 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							% by region
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Europe
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							402
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							32%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							652
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							30%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							China
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							407
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							32%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							531
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							24%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							North America
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							412
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							32%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							681
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							31%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Rest of the World
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							53
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							4%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							316
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							15%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-weight: 600;">
							Total
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							1,274
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							100%
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							2,194
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							100%
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Financial Highlights for the First Quarter of 2025</strong>
			</li>
			<li>
				<strong>Total revenues</strong> were $93 million, a 46% YoY decrease.
			</li>
			<li>
				<strong>Gross margin</strong> was 12%, versus 18% in the same period of 2024. It was a notable recovery from 3% for the full year of 2024, as the impact from prior destocking efforts eased.
			</li>
			<li>
				<strong>Operating loss </strong>was $103 million, a 56% YoY decrease.
			</li>
			<li>
				<strong>Net loss </strong>was $183 million, a 29% YoY reduction.
			</li>
			<li>
				<strong>Adjusted EBITDA (non-GAAP)</strong> was a loss of $136 million, a 33% YoY reduction.
			</li>
		</ul>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Key Financial Results
			</div>

			<div style="margin-bottom: 12px;">
				The table below summarizes key preliminary financial results for the first three months ended March 31, 2025.
			</div>

			<div style="font-style: italic; margin-bottom: 12px;">
				(in millions of U.S. dollars, unaudited)
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Jan&ndash;Mar, 2025
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Jan&ndash;Mar, 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							% Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Revenues
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							93
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							173
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(46%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Cost of revenues
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							82
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							143
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(43%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Gross profit
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							11
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							30
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(63%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-style: italic; border-bottom: 1px solid #eee;">
							Gross margin (%)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							12%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							18%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(6%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Operating loss
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(103)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(233)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(56%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Net loss
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(183)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(258)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(29%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							&nbsp;&nbsp;&nbsp;&nbsp;Adjusted net loss<sup>(A)</sup>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(183)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(223)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(18%)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px;">
							Adjusted EBITDA<sup>(A)</sup>
						</td>
						<td style="padding: 8px 10px;">
							(136)
						</td>
						<td style="padding: 8px 10px;">
							(204)
						</td>
						<td style="padding: 8px 10px;">
							(33%)
						</td>
					</tr>
				</tbody>
			</table>

			<div style="font-size: 11px; margin-top: 12px;">
				<sup>(A)</sup> Non-GAAP measure. See &ldquo;Non-GAAP Financial Measures&rdquo; and &ldquo;Appendix C &ndash; Unaudited Reconciliation of GAAP and Non-GAAP results (Adjusted net loss/Adjusted EBITDA)&rdquo; for details and a reconciliation of adjusted metrics to the nearest GAAP measure.
			</div>
		</div>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Recent Developments</strong>
			</li>
			<li>
				<strong>Lotus GT racing series:</strong> On May 30, Lotus launched a national-level GT single-make racing series, featuring five rounds spanning China and Malaysia. The racing series stands as China&#39;s premier FIA-recognized GT series eligible for International C-license upgrades.
			</li>
			<li>
				<strong>Release of 2024 ESG Report:</strong> On May 26, the Company released its 2024 ESG Report, highlighting its progress in advancing sustainable practices, developing innovative green products, and demonstrating global leadership in clean mobility.
			</li>
			<li>
				<strong>New model:</strong> Lotus is set to unveil its first PHEV model this year. The model is built on Hyper Hybrid EV technology which was launched in late 2024. The 900V Hyper Hybrid EV technology features a Hybrid Electric Drivetrain and dual Hyper Charging technology.
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			CEO and CFO comments
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			<strong>Mr. Qingfeng Feng, Chief Executive Officer, commented:</strong><i> &ldquo;We are encouraged by the progress made this quarter, particularly the steady recovery in our margin profile and continued contribution in international markets. We remain closely attuned to evolving dynamics in key markets such as the U.S. and are actively evaluating strategic pathways as well as localization opportunities to further strengthen our presence and expand sales operations in the global markets.&rdquo;</i> <strong>Dr. Daxue Wang, Chief Financial Officer, added:</strong><i>&ldquo;The continued progress in streamlining our cost structure underscores our commitment to operational discipline. In the first quarter, gross margin improved to 12%, marking a significant return to positive territory and early signs of recovery. We have also achieved six consecutive quarters of reduced operating expenses. We are committed to further enhance our efficiency and overall profitability.&rdquo;</i>
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2213</guid><pubDate>Tue, 24 Jun 2025 23:00:00 +0000</pubDate></item><item><title>Lotus introduces 2026 Emira V6 SE and Emira Turbo</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-introduces-2026-emira-v6-se-and-emira-turbo-r2212/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/Lotus-Emira-V6-SE-Eos-Green-press-news-mobile.webp.35bd21f7f6745db0892e662ea0016c43.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus introduces 2026 Emira V6 SE and Emira Turbo
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>Hethel &ndash; 05 June 2025</strong> The <a href="https://www.lotuscars.com/en/emira"><strong><span style="text-decoration: underline;">Emira</span></strong></a>&nbsp;is a mid-engine premium sports car that perfectly embodies the ongoing transformation of the Lotus business and brand. It features all the hallmarks that the automotive world has come to expect from a Lotus &ndash; striking design, thrilling dynamic performance delivering best-in-class ride and handling, outstanding aerodynamics and an unrivalled experience &lsquo;For The Drivers&rsquo;.<br>
			<br>
			Visually dramatic and sculpted like a true exotic, the Emira features a wide stance, muscular proportions, and a low-slung cabin that captures the spirit of a modern supercar. Yet it remains practical and refined &mdash;making it a compelling alternative in the world of high-performance sports cars.<br>
			<br>
			Now, Lotus unveils the all-new Emira V6 SE, the latest addition to the Emira line-up. The new model joins the existing range, which already includes the Turbo SE.<br>
			<br>
			At the same time, Lotus introduces a number of refinements across the Emira range. These include two new colours - EOS Green and Purple Haze metallic - and further optimisation of the cooling and transmission. In addition to the new Emira V6 SE and Turbo SE, the Emira Turbo joins the line-up as the entry point to the model range.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Emira V6 SE
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			The new Emira V6 SE builds on the pure driving pleasure Lotus is known for. The beloved six-cylinder powertrain of the Emira remains unchanged: a supercharged 3.5-litre V6 engine with 400 hp, mated to a six-speed manual gearbox with LSD (Limited Slip Differential) as standard or an optional automatic transmission, allowing for a 0-62 mph (0-100 kph) sprint in 4.3 seconds. The iconic V6 powertrain has been refined for even more emotional engagement, including the introduction of a new compression mount for the manual gearbox, resulting in more precise gear changes.<br>
			<br>
			Also, optimised damper calibration and subtle adjustments in wheel alignment provide sharper handling and increased ride comfort. The car has two defined chassis and suspension settings. Tour is tuned for everyday road use, delivering the optimum blend of Lotus dynamic performance and handling with a more comfortable ride. Sports provides a slightly stiffer suspension set-up for enhanced dynamic capability and feel. Hydraulic steering provides excellent feedback for the driver.<br>
			<br>
			The Emira V6 SE is finished in Zinc Grey as standard and sets itself apart with exclusive features such as specific V6 SE badges, the extended Black Pack, 20-inch forged alloy wheels, red brake calipers and a luxurious interior finished with alcantara and sport pedals. The Emira V6 SE stands out with a high degree of personalisation, featuring 15 exterior colours and seven interior themes. This is complemented by a choice of four brake caliper finishes and eight wheel designs, allowing for a uniquely tailored expression of the car&rsquo;s character. Prices for the Emira V6 SE start at &pound;96.500* in UK (Germany: &euro;117.500*).
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Better than ever
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Simultaneously with the introduction of the V6 SE, Lotus provides the existing Emira models with a series of technical enhancements that improve both track performance and daily driving comfort. The cooling system has been optimised by routing the coolant lines differently, providing better flow to both the transmission oil cooler and the main cooling radiator. This results in more cooling and lower vehicle weight. In addition, the air-conditioning control system has been recalibrated to provide a more stable interior climate at high temperatures, and the opening temperature of the engine thermostat has been increased from 65&deg;C to 75&deg;C, improving heating and performance under severe conditions. Finally, the Dual Clutch Transmission (DCT) has been recalibrated, resulting in faster shift times, improved shift quality and smoother interaction between transmission and driver.<br>
			<br>
			In terms of safety, the Lotus Emira is equipped with advanced driver assistance systems (ADAS) as standard. On top of that, there is the option of an Extended Co-Driver Pack for extra support. Standard features on the model include Autonomous Emergency Braking (AEB), Lane Departure Warning, Blind Spot Warning, Traffic Sign Recognition (TSR) and Fatigue Detection. The optional Extended Co-Driver Pack adds Adaptive Cruise Control (only compatible with automatic transmission), Rear Cross Traffic Alert, Door Opening Warning and High Beam Assist. All these systems are designed to enhance safety without compromising the sheer driving pleasure that characterises the Emira. A user-friendly menu allows the driver to set the desired level of assistance entirely according to his or her preferences.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Emira Turbo
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			The Emira Turbo marks the entry point to the Emira lineup, designed for everyday usability while preserving the unmistakable Lotus driving thrill. It is powered by the same 4-cylinder twin-scroll turbo engine and 8-speed DCT gearbox as found in the Turbo SE, both sourced from technology partner AMG and achieves a 0-62 mph (0-100 kph) sprint in 4.4 seconds. The Emira Turbo features both Tour- and Sport driving modes, and high-performance components such as double wishbones, an integrated rear spoiler and electro-hydraulic power steering.<br>
			<br>
			As standard, the Emira Turbo is richly equipped with modern safety technologies such as Autonomous Emergency Braking, Traffic Sign Recognition, Blind Spot Warning and Fatigue Detection. In addition, driver comfort is provided by 12-way electrically adjustable seats with memory, a 190W audio system, and wireless connectivity for Apple CarPlay and Android Auto. Optionally, customers can choose packages such as the Convenience Pack, Extended Co-Driver Pack and Extended Lower Black Pack, which further enhance both functionality and appearance. Externally, the Emira Turbo stands out with Turbo badges, yellow-black Lotus emblems and satin silver details. The Emira Turbo is available to order from &pound;79.500* (Germany from &euro;97.500*)
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Racing Line
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Finally, Lotus launches the Racing Line. For enthusiasts who want to give their Emira an extra sporty look, Lotus introduces the Racing Line design option, available on the Turbo SE and V6 SE. Racing Line adds a subtle, lower pinstripe in yellow, red or silver, perfectly matched to the colour of the brake calipers - the mirror caps get the same accent colour. Racing Line badges with a matching accent, high-gloss black wheels and a black and silver exterior logo complete the dynamic look. Inside, it is further enhanced by a special interior badge and stitching in the chosen accent colour, creating a perfect match.<br>
			<br>
			Hand-built at the historic Lotus facility in Hethel, where the brand has produced sports cars since 1966, the Emira benefits from state-of-the-art production methods that enhance both quality and efficiency. It&rsquo;s the perfect expression of Lotus&rsquo; &lsquo;For The Drivers&rsquo;-mentality &mdash;where heritage meets innovation.
		</p>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Lotus Emira V6 SE technical specifications
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Engine configuration
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							3,456cc supercharged V6
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Transmission
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							6-speed manual/automatic
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Max power (bhp/kW)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							400bhp/298kW
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Top speed (mph/km/h)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							180/290
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							0-62mph/0-100km/h (secs)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							4.3
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Front brake disc diameter (mm)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							370mm x 32mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Rear brake disc diameter (mm)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							350mm x 32mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Calipers
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							AP Racing 4-piston with braided hoses
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Lotus Emira Turbo and Turbo SE technical specifications
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Engine configuration
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,991cc turbocharged four-cylinder in-line petrol;<br>
							four valves per cylinder;<br>
							variable valve timing;<br>
							single twin-scroll turbocharger;<br>
							200bar piezo direct fuel injection + port fuel injection
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Transmission
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Eight-speed dual-clutch
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Max power (bhp/kW)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							360/269 (Turbo SE: 400/294)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Top speed (mph/km/h)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							171/275 (Turbo SE: 181/291)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							0-62mph/0-100km/h (secs)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							4.4 (Turbo SE: 4.0)
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Front brake disc diameter (mm)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							370mm x 32mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Rear brake disc diameter (mm)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							350mm x 32mm
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Calipers
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							AP Racing 4-piston with braided hoses
						</td>
					</tr>
				</tbody>
			</table>

			<div style="font-size: 11px; color: #666; margin-top: 12px;">
				* Pricing and specifications correct at time of publication and subject to change without notice. Final pricing may vary depending on market, options selected, local taxes and currency fluctuations. Terms and conditions apply. Please contact your local Lotus retailer for the most up-to-date information.
			</div>
		</div>
	</div>
</div>
]]></description><guid isPermaLink="false">2212</guid><pubDate>Wed, 04 Jun 2025 23:00:00 +0000</pubDate></item><item><title>Lotus Technology releases 2024 ESG report</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-technology-releases-2024-esg-report-r2211/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/sustainability-press-news-mobile.webp.db4b02482b89e4c027b121ec3c9eaf78.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus Technology releases 2024 ESG report, showcasing commitment to sustainability
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>New York &ndash; May 26, 2025</strong> Lotus Technology Inc. (&ldquo;Lotus Tech&rdquo; or the &ldquo;Company&rdquo;) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today released its 2024 Environmental, Social, and Governance (ESG) Report, highlighting the Company&rsquo;s progress in advancing sustainable practices, innovative green products, and global leadership in clean mobility. The report has been audited by T&Uuml;V NORD, an independent third-party inspection, testing and assurance agency.<br>
			<br>
			<i>&ldquo;Lotus Tech&rsquo;s 2024 ESG report reflects our unwavering commitment to driving sustainable change and creating a better future for all,&rdquo;</i> <strong>said Dr. Daxue Wang, Chairman of the ESG Committee at Lotus Tech.</strong> <i>&ldquo;Through cutting-edge innovation, responsible manufacturing, and active participation in global sustainability efforts, we are dedicated to delivering eco-friendly solutions and fostering a more sustainable world.&rdquo;</i><br>
			&nbsp;
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Key Highlights from the 2024 ESG Report:</strong>
			</li>
			<li>
				<strong>Innovative Green Products: </strong> Lotus Tech unveiled its first concept car, Theory 1, centered on advanced technology, material minimization, and sustainable development. In contrast to mainstream industry models that utilize on average 100 A-surface materials, Theory 1 sets a &quot;Challenge of 10&quot; goal, employing only ten main A-surface materials, with performance, lightweight and sustainable properties.
			</li>
			<li>
				<strong>Green Manufacturing Excellence: </strong> Lotus Global Smart Factory has been awarded the prestigious &ldquo;Leading-Zero Carbon Factory&rdquo; certification, recognizing its efforts to achieve carbon neutrality and sustainable production practices.
			</li>
			<li>
				<strong>Global Sustainability Engagement:</strong>Lotus Tech actively participated in the global sustainability initiatives and reporting. In 2024, Lotus Tech has contributed show cases for the World Economic Forum (WEF)&rsquo;s Nature Positive Transitions Report series, demonstrating its commitment to driving global climate action.
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass __f-h9 __c-black">
			The Company received accolades in 2024, including the Reuters Sustainability Award and the EU Chamber of Commerce Sustainable Business Award, acknowledging its achievements in sustainability and responsible business practices.<br>
			<br>
			To read Lotus Tech&rsquo;s 2024 ESG Report, please visit <a href="https://ir.group-lotus.com." ipsnoembed="false">https://ir.group-lotus.com.</a>
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2211</guid><pubDate>Sun, 25 May 2025 23:00:00 +0000</pubDate></item><item><title>Lotus honours legendary racing driver Jim Clark with exclusive Emira Clark Edition</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-honours-legendary-racing-driver-jim-clark-with-exclusive-emira-clark-edition-r2210/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/emira-clark-edition-news-press-desktop.webp.58f81fc7e942cf7fe0331cc651828db8.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus honours legendary racing driver Jim Clark with exclusive Emira Clark edition
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>Amsterdam, 2 May 2025 </strong> Lotus honours one of the greatest drivers of all time with the introduction of the Emira Clark Edition, in collaboration with the Jim Clark Trust. This exclusive model, limited to just 60 cars for selected markets, will make its world debut leading at the Formula 1 Miami Grand Prix.<br>
			<br>
			The legacy of <span style="text-decoration: underline;"><a href="https://www.lotuscars.com/en/emira/clark-edition">Jim Clark and Team Lotus</a></span> is forever etched into the history of motorsport. In 1965, Clark secured the Formula 1 World Championship with Team Lotus and triumphed in the iconic Indianapolis 500 &mdash; a remarkable double victory that remains unmatched to this day. That same year, Clark further demonstrated his extraordinary talent with championship victories in Formula 2 and the Tasman Series in Australia and New Zealand, as well as winning touring car races in a Lotus Cortina.<br>
			<br>
			This unparalleled success story serves as the inspiration behind the creation of the Lotus Emira Clark Edition &mdash; a fitting tribute to a driver whose achievements continue to define excellence and innovation in racing.<br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Exclusive design and interior
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			The body of the exclusive Emira is finished in Clark Racing Green with a contrasting black roof, silver mirrors and an iconic yellow racing stripe flared around the front end, inspired by Clark&rsquo;s 1965 Indianapolis 500-winning Lotus Type 38. A machined aluminium fuel filler cap with a blue anodised centre and yellow exhaust pipes further enhance the exclusive look. A hand-painted yellow pinstripe picks out the Emira swage line, complemented by Clark Edition branding on the doors inspired by the Clark logo used on his racing cars.<br>
			<br>
			The interior exudes pure motorsport and nostalgia. The sports seats&rsquo; asymmetrical finish is reminiscent of the red-trimmed Lotus racing cars Clark drove in 1965 and emphasise the driver-focused nature of the Emira Clark Edition with a driver&#39;s seat upholstered in red leather and Alcantara&reg;, while the passenger seat is upholstered in black leather and Alcantara&reg;.<br>
			<br>
			The Emira Clark Edition also has a sixties-style wooden gear knob and special commemorative Jim Clark badging featuring Clark&rsquo;s personalised tartan from Lochcarron, Scotland. Additional details complement the interior, including a Jim Clark signature on the dashboard and Team Lotus detailing on the seats.<br>
			<br>
			Every Emira Clark Edition will have numbered carbon fibre treadplates (1 of 60) adding to the exclusive feel of this very limited edition. Each customer will also receive a bespoke hand-crafted leather holdall with unique Clark Edition details.<br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Based on the powerful Lotus Emira V6
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			The Emira Clark Edition is based on the <span style="text-decoration: underline;"><a href="https://www.lotuscars.com/en/emira">Lotus Emira V6</a></span> and combines the brand&rsquo;s sporting performance with a stylish tribute to the Scottish racing legend and his Lotus racing cars. The Lotus Emira V6 is powered by a 400 hp supercharged 3.5-litre V6 engine with a six-speed manual gearbox and limited-slip differential. The Emira V6 offers a pure driving experience thanks to the unfiltered hydraulic steering feel and the Lotus Driver&rsquo;s pack which includes sports suspension, Track Mode and revised exhaust sound.
		</p>

		<p>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			A worldwide tribute to a racing legend
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			With the Emira Clark Edition, Lotus pays tribute to one of the most iconic drivers in the history of motorsport. The combination of exclusive design and uncompromising performance makes this limited edition a coveted collector&#39;s item for car enthusiasts worldwide.<br>
			<br>
			The Emira Clark Edition pricing will be &pound;115,000 in the UK (&euro;140,000 in Germany).
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2210</guid><pubDate>Thu, 01 May 2025 23:00:00 +0000</pubDate></item><item><title>Lotus launches powerful new brand film celebrating its rebellious spirit and racing soul</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-launches-powerful-new-brand-film-celebrating-its-rebellious-spirit-and-racing-soul-r2209/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/lotusbrandfilm-press-news-header-desktop.webp.827c74f3c2256cf8e7375db11153796f.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus Launches Powerful New Brand Film Celebrating Its Rebellious Spirit And Racing Soul
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>London, UK &ndash; April 23, 2025</strong> Lotus today reveals its latest global brand campaign with the launch of a new film titled &ldquo;Are You a Driver or What?&rdquo; &mdash; a bold statement of intent that reflects the brand&rsquo;s unapologetic spirit, engineering precision and legendary racing heritage. More than just a film, Are You a Driver or What? Is a celebration of what it means to be truly connected to a brand that has been making and breaking the rules for 75 years. Fans and brand advocates are encouraged to share the film across their own platforms using #AreYouADriverOrWhat and tagging @lotuscars.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			About Lotus
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Lotus is a global performance brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true automotive innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform and feel. Lotus Group is made up of a high-performance sports car business, Lotus Cars, and an electric luxury mobility provider, Lotus Technology. Together, we are setting a new standard for automotive excellence.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2209</guid><pubDate>Tue, 22 Apr 2025 23:00:00 +0000</pubDate></item><item><title>Lotus Technology reports unaudited fourth quarter and full year 2024 financial results</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-technology-reports-unaudited-fourth-quarter-and-full-year-2024-financial-results-r2208/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/Lotus-technologies-news-press-desktop.webp.55edf9555af86d912bc9e99aead34e72.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus Technology reports unaudited fourth quarter and full year 2024 financial results
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>New York &ndash; 22 April 2025</strong> Lotus Technology Inc. (&ldquo;Lotus Tech&rdquo; or the &ldquo;Company&rdquo;) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the fourth quarter and the year ended Dec 31, 2024.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Operating Highlights for the Full Year of 2024
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			In the full year of 2024, the Company achieved total deliveries1 of 12,134 units, representing a 74% year-on-year (YoY) increase, powered by over 200 stores worldwide. The Company maintained a growth trajectory amid global trade uncertainties and economic slowdown.<br>
			<br>
			The European market contributed nearly 40% of total deliveries. With Eletre rollout and Emeya commencing deliveries in mid-2024, the European market achieved a YoY growth rate of 179%, positioning Europe as the Company&#39;s largest global market in 2024.<br>
			<br>
			China, as the second largest market for Lotus, contributed 25% to total deliveries despite intensifying market competition and economic downturn.<br>
			<br>
			Deliveries in North America contributed 21% of the Lotus&rsquo; global deliveries as Emira, the sportscar model produced in Hethel UK, commenced customer deliveries in the U.S. in 2024.<br>
			<br>
			The rest of the world region represented 15% of total deliveries with nearly 90% YoY growth. In the fourth quarter of 2024, the Company started to deliver Emeya in Malaysia, Thailand, Singapore, UAE and Philippines.
		</p>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Deliveries<sup style="font-size: 0.75em;">1</sup> by Model Type
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Full Year 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Full Year 2023
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							%Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Lifestyle SUV and Sedan
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							6,862
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							4,361
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							57%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Sportscars
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							5,272
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							2,609
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							102%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-weight: 600;">
							Total
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							12,134
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							6,970
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							74%
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Deliveries<sup style="font-size: 0.75em;">1</sup> by Region
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Full Year 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							% by region
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Full Year 2023
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							% by region
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Europe
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							4,743
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							39%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,703
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							24%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							China
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							3,018
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							25%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							3,825
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							55%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							North America
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							2,578
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							21%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							501
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							7%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Rest of the World
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,795
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							15%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							941
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							14%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-weight: 600;">
							Total
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							12,134
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							100%
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							6,970
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							100%
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<p>
			&nbsp;
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Financial Highlights for the Full Year of 2024</strong>
			</li>
			<li>
				<strong>Total revenues:</strong> $924 million, reflecting a 36% YoY increase.
			</li>
			<li>
				<strong>Sales of goods:</strong> $891 million, up 35% YoY.
			</li>
			<li>
				<strong>Service revenues:</strong> $33 million, a 77% YoY increase.
			</li>
			<li>
				<strong>Gross margin:</strong> 3%, as compared with 15% in 2023.
			</li>
			<li>
				<strong>Gross margin of sales of goods:</strong> 3%, versus 14% in 2023.
			</li>
			<li>
				<strong>Gross margin of service revenues:</strong> 17%, versus 36% in 2023.
			</li>
			<li>
				<strong>Operating loss:</strong> $786 million, a 7% YoY increase.
			</li>
			<li>
				<strong>Net loss:</strong> $1,107 million, a 48% YoY increase.
			</li>
			<li>
				<strong>Adjusted net loss (non-GAAP):</strong> $1,075 million, a 43% YoY increase.
			</li>
			<li>
				<strong>Adjusted EBITDA (non-GAAP):</strong> loss of $961 million, a 39% YoY increase.
			</li>
		</ul>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<p class="__ff-overpass __f-h9 __c-black">
				<strong>Key financial results</strong><br>
				The table below summarizes key preliminary financial results for the full year of 2024 ended December 31, 2024.<br>
				(in millions of U.S. dollars, unaudited)
			</p>
			&nbsp;

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Full Year 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							Full Year 2023
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							% Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="font-weight: 600; padding: 8px 10px; border-bottom: 1px solid #eee;">
							Revenues
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							924
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							679
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							36%
						</td>
					</tr>
					<tr>
						<td style="font-weight: 600; padding: 8px 10px; border-bottom: 1px solid #eee;">
							Cost of revenues
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							895
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							577
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							55%
						</td>
					</tr>
					<tr>
						<td style="font-weight: 600; padding: 8px 10px; border-bottom: 1px solid #eee;">
							Gross profit
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							29
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							102
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(71%)
						</td>
					</tr>
					<tr>
						<td style="font-style: italic; padding: 8px 10px; border-bottom: 1px solid #eee;">
							Gross margin (%)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							3%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							15%
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							&nbsp;
						</td>
					</tr>
					<tr>
						<td style="font-weight: 600; padding: 8px 10px; border-bottom: 1px solid #eee;">
							Operating loss
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(786)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(736)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							7%
						</td>
					</tr>
					<tr>
						<td style="font-weight: 600; padding: 8px 10px; border-bottom: 1px solid #eee;">
							Net loss
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(1,107)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(750)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							48%
						</td>
					</tr>
					<tr>
						<td style="font-weight: 600; padding: 8px 10px; border-bottom: 1px solid #eee;">
							Adjusted net loss<sup style="font-size: 0.75em;">(A)</sup>
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(1,075)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							(750)
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							43%
						</td>
					</tr>
					<tr>
						<td style="font-weight: 600; padding: 8px 10px;">
							Adjusted EBITDA<sup style="font-size: 0.75em;">(A)</sup>
						</td>
						<td style="padding: 8px 10px;">
							(961)
						</td>
						<td style="padding: 8px 10px;">
							(693)
						</td>
						<td style="padding: 8px 10px;">
							39%
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<p style="font-family: 'Overpass', sans-serif; font-size: 12px; color: #4a4a4a; margin-top: 0; padding-top: 0;">
			(A) Non-GAAP measure. See &ldquo;Non-GAAP Financial Measures&rdquo; and &ldquo;Appendix D &ndash; Unaudited Reconciliation of GAAP and Non-GAAP results (Adjusted net loss/Adjusted EBITDA)&rdquo; for details and a reconciliation of adjusted metrics to the nearest GAAP measure.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Put Option: To Integrate global business under Lotus Brand
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			On April 14, 2025, the Company received the exercise notice from Geely International (Hong Kong) Limited (&ldquo;Geely&rdquo;), requiring the Company to purchase 51% of the equity interests in Lotus Advance Technologies Sdn Bhd (&ldquo;Lotus UK&rdquo;) held by Geely, pursuant to the Put Option Agreement dated January 31, 2023, between the parties.<br>
			<br>
			Lotus UK oversees the manufacturing operations for Lotus&rsquo; sportscars and hyper cars. It also manages Lotus Engineering, which provides comprehensive consultancy services to many of the OEMs and Tier 1 suppliers worldwide.<br>
			<br>
			Pursuant to the exercise of put option from Geely, the Company expects to acquire 51% of the equity interest in Lotus UK through a non-cash transaction based on a pre-agreed valuation methodology2. Upon completion, the Company will gain control over Lotus UK and consolidate its financial results. The strategic transaction will enable the Company to integrate all global business under the Lotus brand.<br>
			<br>
			The acquisition is expected to be completed in 2025, subject to potential regulatory approvals.<br>
			&nbsp;
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Recent Developments</strong>
			</li>
			<li>
				<b>Delivery Update:</b>The Company delivered a total of 1,282 vehicles in the first 3 months of 2025
			</li>
			<li>
				<b>Return of Lotus Brand in China: </b>In January 2025, Lotus successfully reclaimed the proprietary rights to the LOTUS roundel, LOTUS word mark and the Chinese character of LOTUS (&quot;莲花&quot;) in China, achieving global trademark consistency.
			</li>
			<li>
				<b>Model Facelift:</b>In February, Lotus revamped the lineup for its Eletre hyper-SUV and Emeya hyper-GT with upgraded configuration and competitive pricing.
			</li>
			<li>
				<b>Urban NOA (Navigate on Autopilot) Service and OTA Delivery:</b> The Company launched mapless urban NOA in 16 cities across China in February, 2025. The system enables variable lane driving, seamless transitions between highways and city roads, U-turns at intersections, intelligent lane selection, and smart obstacle avoidance, among other functions.
			</li>
			<li>
				<b>Strategic partnership:</b> Lotus Robotics, the Company&rsquo;s intelligent driving arm, established a strategic partnership with CaoCao Mobility to launch an innovative intelligent mobility platform for robotaxis.
			</li>
			<li>
				<b>ESG:</b> Lotus Technology&#39;s Natural Capital Assessment Project was included in the World Economic Forum Report.
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			CEO and CFO comments
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			&ldquo;We continued to deliver meaningful operational growth amid global trade uncertainties, with total deliveries of 12,134 units in 2024, up 74% year-on-year, outperforming broad luxury market,&rdquo; said <b>Mr. Qingfeng Feng, Chief Executive Officer. </b>&ldquo;We have proactively adapted our strategies by expanding our product pricing range and introducing new configurations to meet diversified market needs and broaden our customer base, targeting to keep global delivery growth ahead of broad luxury market. At the same time, we are actively exploring potential strategic responses to trade uncertainties to keep expanding in key global markets, such as North America, where we have long been committed. Through ONE LOTUS strategy, we are fully integrating all businesses under the Lotus brand, which will strengthen brand equity and enhance operational flexibility and internal synergies. We are confident in creating substantial long-term value for our customers and shareholders.&rdquo;<br>
			<br>
			<b>Dr. Daxue Wang, Chief Financial Officer</b>, said: &ldquo;We have made continual improvements, streamlined operations to drive efficiency, optimized resource allocation, and reduced operating expenses for five consecutive quarters. Though the Company&rsquo;s gross margin was lower to 3% in 2024 due to tariff impact and proactive destock in response to the global trade uncertainties, we have initiated strategic cost optimization to improve profitability. As we progress with the acquisition of Lotus UK, we are committed to driving cost streamlining and operational enhancements across all markets to continuously deliver long-term value.&rdquo;<br>
			&nbsp;
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Operating and Financial Results for the Fourth Quarter of 2024</strong>
			</li>
			<li>
				<b>Total deliveries<sup>1</sup>:</b> 4,506 units, a 20% YoY increase.
			</li>
			<li>
				<b>Total revenues:</b> $272 million, down 25% YoY.
			</li>
			<li>
				<b>Gross margin:</b> -11%, as compared with 19% in Q4 2023.
			</li>
			<li>
				<b>Operating loss:</b> $189 million, narrowed by 17% YoY.
			</li>
			<li>
				<b>Net loss:</b> $441 million, a 97% YoY increase.
			</li>
			<li>
				<b>Adjusted EBITDA (non-GAAP):</b> loss of $398 million, a 92% YoY increase.
			</li>
		</ul>
		&nbsp;

		<div style="font-family: 'Overpass', sans-serif; font-size: 13px; color: #1a1a1a; margin-bottom: 32px;">
			<div style="font-style: italic; margin-bottom: 6px;">
				Deliveries<sup style="font-size: 0.75em;">1</sup> by Model Type
			</div>

			<table style="border-collapse: collapse; width: 100%;">
				<thead>
					<tr>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							&nbsp;
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							4Q 2024
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							4Q 2023
						</th>
						<th style="text-align: left; font-weight: 600; padding: 8px 10px; border-bottom: 2px solid #ccc;">
							% Change (YoY)
						</th>
					</tr>
				</thead>
				<tbody>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Lifestyle SUV and Sedan
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							2,868
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							2,599
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							10%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							Sportscars
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,638
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							1,150
						</td>
						<td style="padding: 8px 10px; border-bottom: 1px solid #eee;">
							42%
						</td>
					</tr>
					<tr>
						<td style="padding: 8px 10px; font-weight: 600;">
							Total
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							4,506
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							3,749
						</td>
						<td style="padding: 8px 10px; font-weight: 600;">
							20%
						</td>
					</tr>
				</tbody>
			</table>
		</div>

		<p style="font-family: 'Overpass', sans-serif; font-size: 12px; color: #4a4a4a; margin-top: 0; padding-top: 0;">
			(A) Non-GAAP measure. See &ldquo;Non-GAAP Financial Measures&rdquo; and &ldquo;Appendix D &ndash; Unaudited Reconciliation of GAAP and Non-GAAP results (Adjusted net loss/Adjusted EBITDA)&rdquo; for details and a reconciliation of adjusted metrics to the nearest GAAP measure.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2208</guid><pubDate>Mon, 21 Apr 2025 23:00:00 +0000</pubDate></item><item><title>Lotus Technology acquires 51% equity interest of Lotus Advance Technologies</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-technology-acquires-51-equity-interest-of-lotus-advance-technologies-r2207/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/lineup-news-press-desktop.webp.cd873b98d11b701e929fcb86d095c745.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus Technology to acquire 51% equity interest of Lotus Advance Technologies and integrate all business under Lotus brand
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>New York &ndash; 16 April 2025 </strong> Lotus Technology Inc. (&ldquo;Lotus Tech&rdquo; or the &ldquo;Company&rdquo;) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that Geely International (Hong Kong) Limited (&ldquo;Geely&rdquo;) exercised its put option on April 14, 2025, requiring us to purchase 51% of the equity interests in Lotus Advance Technologies Sdn Bhd (&ldquo;Lotus UK&rdquo;) held by Geely pursuant to the Put Option Agreement dated January 31, 2023 between the parties.<br>
			<br>
			Lotus UK controls the manufacturing operations for Lotus&rsquo; sportscars and hyper cars, and Lotus Engineering which provides comprehensive consultancy services to many of the OEMs and Tier 1 suppliers around the world.<br>
			<br>
			Pursuant to the exercise of put option from Geely, the Company expects to acquire 51% of the equity interest in Lotus UK through a non-cash transaction based on a pre-agreed pricing method. Upon completion, the Company will gain control over Lotus UK and consolidate its financial results. The strategic transaction will enable the Company to integrate all businesses under Lotus brand. The acquisition is expected to be completed in 2025, subject to potential regulatory approvals.<br>
			<br>
			In conjunction with the business combination between the Company and L Catterton Asia Acquisition Corp, a special purpose acquisition company affiliated with L Catterton, a leading global consumer-focused investment firm, the Company and Lotus UK entered into a Put Option Agreement with each of Geely and Etika. Pursuant to these agreements, each of Geely and Etika was granted the right to require the Company to acquire its equity interest in Lotus UK at a pre-agreed pricing method* and upon satisfaction of the condition (&ldquo;Put Option Exercise Condition&rdquo;) that the total number of vehicles sold by Lotus UK and its subsidiaries shall exceed 5,000 in 2024, with the exercise of such options by Geely and Etika not cross-conditioned on one another. As of December 31, 2024, the Put Option Exercise Condition had been satisfied.<br>
			<br>
			Mr. Qingfeng Feng, Chief Executive Officers, said: &quot;This acquisition marks a critical milestone in our strategic journey to fully integrate all businesses under the Lotus brand, which will strengthen brand equity and enhance our operational flexibility and internal synergies. We are confident that the transaction will create substantial long-term value for our shareholders.&rdquo;<br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Note to editors
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			*Pursuant to the agreement, the Company will issue new shares valued at $10 per share in consideration of Geely and Etika&rsquo;s transfer of Lotus UK shares. Lotus UK is valued at 1.15 multiples revenue plus cash minus debt of LGIL, based on LGIL&rsquo;s audited consolidated annual financial report of 2024.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2207</guid><pubDate>Tue, 15 Apr 2025 23:00:00 +0000</pubDate></item><item><title>Lotus and Bruno Senna celebrate Ayrton Senna&#x2019;s first F1 victory at Estoril</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-and-bruno-senna-celebrate-ayrton-senna%E2%80%99s-first-f1-victory-at-estoril-r2206/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/senna-estoril-news-press-desktop.webp.a13c362bcdeafdb6490340ff5e99fca1.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	The return of an icon: Lotus and Bruno Senna celebrate Ayrton Senna&rsquo;s first F1 victory at Estoril
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>London, UK &ndash; April 9, 2025</strong> April 21 marks a historic milestone in the Lotus and Formula 1 history books&mdash;the 40th anniversary of Ayrton Senna&rsquo;s first Grand Prix victory. To honour this iconic moment, the same Lotus 97T Formula 1 car that Senna drove to his legendary win at the 1985 Portuguese Grand Prix, will return to the Estoril circuit for the first time since that triumph. Driving the car will be his nephew, Bruno Senna, commemorating one of F1&rsquo;s most defining performances.<br>
			<br>
			The event unites two major celebrations: the 75th anniversary of Formula 1 and the pivotal role Lotus played in shaping its legacy. It serves as a tribute not only to Ayrton Senna but also to the engineers, designers and all the drivers who propelled Lotus to racing greatness.<br>
			<br>
			Ayrton Senna&rsquo;s victory at Estoril was a masterclass in wet-weather driving, with the Brazilian lapping nearly the entire field to claim the first of his 41 Formula 1 wins. Senna also regarded this performance as the greatest of his career, and dismissed the widely held belief that his 1993 Donington win was his finest drive: Senna was quoted saying: &ldquo;No way! I had traction control there. It was a good win but compared with Estoril &lsquo;85 it was nothing.&rdquo;<br>
			<br>
			The Lotus 97T itself was a pioneering race car and was the first to feature vertical aerodynamic devices behind the front wheels for airflow management, which eventually developed into the highly sophisticated bargeboards, which remain in modern F1 aerodynamics.<br>
			<br>
			The tribute event solidifies the connection between Lotus and Senna&rsquo;s remarkable rise in Formula 1, celebrating the golden era of turbocharged racing and the spirit of innovation that defined both the driver and the team.<br>
			<br>
			<b>Clive Chapman, Managing Director of Classic Team Lotus said:</b> <i>&ldquo;For Team Lotus, Ayrton&rsquo;s arrival was a defining moment. His talent, technical understanding and relentless drive helped push the team forward. This anniversary allows us to relive that magic and honour his legacy. Bruno Senna&rsquo;s commemorative drive at Estoril promises to be an emotional and historic moment, bringing the past full circle and cementing Senna&rsquo;s enduring impact on motorsport.&quot;</i><br>
			<br>
			<b>Bruno Senna commented</b> <i>&ldquo;It will be an incredible feeling to drive this iconic car, marking the beginning of a series of victories and achievements by my uncle. This celebration will bring together fans from all over the world and shows how Ayrton Senna remains a powerful name in motorsport, and a positive influence on society in many ways - from educational impact to sustainable innovation, and as a movement that continues to inspire generations to persue their dream and never give up.&quot;</i><br>
			<br>
			Before heading to Estoril, the Lotus 97T will also be running at the 82nd Goodwood Members&#39; Meeting on the 12th and 13th April, acting as a fitting send-off before its homecoming lap in Portugal.<br>
			<br>
			<b>Ahead of the 82nd Members&rsquo; Meeting, The Duke of Richmond CBE DL, said:</b> <i>&quot;Goodwood has always celebrated motorsport&rsquo;s greatest icons, and it&#39;s an honour to host the Lotus 97T ahead of its return to Estoril. Seeing the legendary car on track once again will be a fitting tribute to Ayrton Senna&#39;s legacy and a special moment for fans, who can see the car in action again at the Festival of Speed in July.&quot;</i><br>
			<br>
			Lotus will be sharing all stories, interviews and reactions across social media, and the historic lap will be filmed and shared by various media outlets, including Sky Sports F1.
		</p>
	</div>
</div>
]]></description><guid isPermaLink="false">2206</guid><pubDate>Tue, 08 Apr 2025 23:00:00 +0000</pubDate></item><item><title>Lotus revamps Eletre and Emeya line-up</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/lotus-revamps-eletre-and-emeya-line-up-r2205/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/emeya-eletre-lineup-news-press-desktop.webp.5211a92400ee6151fb139bc669249e04.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	Lotus revamps Eletre and Emeya line-up
</div>

<div class="s-news-detail-paragraph__content image-right">
	<div class="s-news-detail-paragraph__text">
		<p class="__ff-overpass __f-h9 __c-black">
			<strong>Amsterdam, 2 April 2025 </strong> With the arrival of the new model year, Lotus has revamped the line-up for its Eletre hyper-SUV and Emeya hyper-GT. Thanks to a revised model range, Lotus now offers customers more convenience, clarity and tailored customisation in configuring their perfect Eletre or Emeya. Key novelty is the &lsquo;600&rsquo; and &lsquo;900&rsquo; model names, that clearly reflects the electrifying power output of the new models. At the same time, legendary equipment level references like GT and GT SE from Lotus&#39; rich heritage return to the present.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			New line-up
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Effective immediately, Lotus offers the Eletre hyper-SUV and Emeya hyper-GT as &#39;600&#39; or &#39;900&#39;, a reference to the two power output versions of both models. Subsequently Lotus pairs those new versions with clearly identifiable, predefined equipment levels containing popular options and choices. Meaning customers can now express a specific preference for pronounced sportiness or rather a more luxurious and technology led specification.<br>
			<br>
			Recently, the Lotus Emira sports car preceded the Eletre and Emeya by referencing trim level from the legendary past back into the current range, introducing <span style="text-decoration: underline;"><a href="https://www.lotuscars.com/en/press/news/lotus-reveals-revised-emira-line-up-with-new-turbo-se"><span style="text-decoration: underline;"><strong>the Emira Turbo SE</strong></span><strong>.</strong></a></span> Lotus now continues that strategy with the completely new line-up for the Eletre and Emeya, giving legendary naming&rsquo;s like GT and GT SE a modern new appearance.<br>
			<br>
			As a result, the Lotus Eletre is now available in six clearly defined trim levels: Eletre 600, 600 GT, 600 GT SE and 600 SPORT SE, as well as 900 SPORT and the Eletre 900 SPORT CARBON as the absolute flagship. The Lotus Emeya follows the same nomenclature (Emeya 600 not available in Europe). Complementing these well-defined trim levels, customers can subsequently further customise their car to their own personal taste thanks to a wide selection of optional packages, individual options and colours. New colours in the pallet are Zenith White and Akoya White for the Eletre, while interior-wise customers can now also opt for the Quartz and Jasper interior themes with the new LOTUSWEAR Performance Fabric for the seats.
		</p>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Overview of main standard features per model
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			As a result, the newly defined model line-up for the Lotus Eletre and Emeya now offers more convenience and tailored customisation with specific highlights for each trim level:
		</p>

		<ul class="__ff-overpass __f-h9 __c-black">
			<li>
				<strong>Eletre 600:</strong> 450 kW (612 bhp) dual-motor, 4WD, 112 kWh battery pack, 22kW onboard charger, active air suspension with Continuous Damping Control, 20-inch wheels, torque vectoring by brake, LED matrix headlights, KEF PREMIUM 15 speaker audio, 29&quot; HUD, 4 zone climate control, Jasper interior theme with LOTUSWEAR Performance Fabric for the seats
			</li>
			<li>
				<strong>Eletre 600 GT:</strong> Highway assist, parking pack, 22&quot; alloy wheels, 6 piston brakes
			</li>
			<li>
				<strong>Eletre 600 GT SE:</strong> Intelligent glass roof, KEF REFERENCE 23 speakers audio, configurable ambient lighting, illuminated side sills
			</li>
			<li>
				<strong>Eletre 600 SPORT SE:</strong> Lotus dynamic handling pack, active rear spoiler, massaging &amp; ventilated front seats, soft-close doors
			</li>
			<li>
				<strong>Eletre 900 SPORT:</strong> 675 kW dual-motor, 2-speed transmission, Lotus dynamic handling pack, active rear spoiler, Quartz interior theme with LOTUSWEAR Performance Fabric for the seats
			</li>
			<li>
				<strong>Eletre 900 SPORT CARBON:</strong> extended exterior carbon pack, interior carbon pack, Sports bonnet (lightweight composite material), massaging &amp; ventilated front seats, soft-close doors
			</li>
			<li>
				<strong>Emeya 600 (UK only):</strong> 450 kW (612 bhp) dual-motor, 4WD, 102 kWh battery pack, 22kW onboard charger, active air suspension with Continuous Damping Control, 20-inch wheels, torque vectoring by brake, LED matrix headlights, KEF PREMIUM 15 speaker audio, 51&quot; HUD, 4 zone climate control, Jasper interior theme with LOTUSWEAR Performance Fabric for the seats
			</li>
			<li>
				<strong>Emeya 600 GT:</strong> Highway assist, parking pack, 21&quot; alloy wheels, 6 piston brakes
			</li>
			<li>
				<strong>Emeya 600 GT SE:</strong> Intelligent glass roof, hands-free tailgate, configurable ambient lighting, illuminated side sills
			</li>
			<li>
				<strong>Emeya 600 SPORT SE:</strong> Lotus dynamic handling pack, active rear spoiler, active rear diffuser and active front air dam, massaging &amp; ventilated front seats, soft-close doors
			</li>
			<li>
				<strong>Emeya 900 SPORT:</strong> 675 kW (918 bhp) dual-motor, 2-speed transmission, Lotus dynamic handling pack, active rear spoiler, Quartz interior theme with LOTUSWEAR Performance Fabric for the seats
			</li>
			<li>
				<strong>Emeya 900 SPORT CARBON:</strong> extended exterior carbon pack, extended interior carbon pack, active rear diffuser, active front air dam, massaging &amp; ventilated front seats, soft-close doors
			</li>
		</ul>
		&nbsp;

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Unrivaled performance, For The Drivers
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Although much has changed and has been improved for the new model year, the unrivalled performance of the Lotus Eletre and Emeya has remained untouched, resulting in the two models still being the benchmark in their respective segments. As a &#39;600&#39;, both feature a 450 kW (612 hp) all-electric dual-motor powertrain and all-wheel drive as standard, a combination that guarantees stunning performance. The Emeya 600 accelerates from 0 to 62 mph (0 to 100 km/h) in just 4.15 seconds (Eletre 600: 4.5 seconds) and reaches a top speed of 155 mph (250 km/h). The Eletre 600 achieves a top speed of 159 mph (256 km/h), as just some striking examples.<br>
			<br>
			Things can always go faster, and the new Eletre and Emeya &#39;900&#39; provide unmistakable evidence, representing superlatives in terms of performance. Both rely on a 675 kW (918 hp) strong dual-motor powertrain, providing the Emeya 900 with an acceleration from a standstill to 62 mph (100 km/h) in a stunning 2.78 seconds (Eletre 900: 2.95 sec) and a top speed of 155 mph (256 km/h). The maximum speed of the Eletre 900 is 159 mph (265 km/h).<br>
			<br>
			No less impressive are their electrifying range and charging performances, which boost the Eletre and Emeya to the top performers in their respective segments. With a maximum WLTP range of 379 miles (610 km) for the Emeya, and 373 miles (600 km) for the Eletre, they are also ideally suited for long electric road trips. And when it is time for a charging stop, the Emeya, for example, also proves itself as an absolute top performer in this area. Thanks to its 800V battery technology with Advanced Lotus Hyper Charging it can be charged from 10-80% in around 14 minutes (under perfect conditions) using a 400kW DC charger (Eletre: 20 minutes from 10-80% at a 350kW DC charger), giving it the status of one of the fastest-charging EVs in the world.<br>
			&nbsp;
		</p>

		<p class="__ff-overpass-bold __f-h7 __c-black">
			Eletre and Emeya: two of a kind
		</p>

		<p class="__ff-overpass __f-h9 __c-black">
			Like every Lotus, the <a href="https://www.lotuscars.com/en/eletre"><span style="text-decoration: underline;">Eletre</span></a>- a pure electric performance SUV - and <a href="https://www.lotuscars.com/en/emeya"><span style="text-decoration: underline;">Emeya</span></a>- a pure electric hyper-GT - are first and foremost cars &lsquo;For The Drivers&rsquo;. Their DNA is 100% Lotus, with exceptional, class-leading ride and handling, steering and aero performance. With their sleek design, powerful electric motors and luxurious interior, the Eletre and Emeya set new standards in the world of electric vehicles. The two share common characteristics like cutting-edge technology, a sophisticated design, exceptional performance and unparalleled driving experiences, whether you&#39;re seeking exhilarating speed, supreme comfort or advanced safety features. A signature element of the Eletre and Emeya designs is their &lsquo;porosity&rsquo; &ndash; the aerodynamic principle of air flowing through the vehicle as well as under, over and around it. Porosity was at the heart of the Lotus Evija&rsquo;s design, is integral to the Emira, and has provided clear inspiration for both the Eletre and Emeya.<br>
			<br>
			High-quality interiors with luxury materials and tactile surfaces, a pristine fit and finish, customisable ambient lighting, an intelligent driver cockpit and intuitive infotainment systems create a premium and comfortable cabin environment, with features like ventilated seats with massage enhancing the overall immersive driving experience.<br>
			<br>
			Available to order now, the Lotus Eletre and Emeya 600 and 900 will arrive at Lotus retailers this summer.<br>
			<br>
			The newly defined trim levels have resulted in competitive pricing levels, with prices starting in UK/Europe at &pound;84.990 - &euro; 99.990 for the Eletre 600 and &pound;84.990 for the Emeya 600 (EU markets from &euro; 107.990 for Emeya 600 GT).<br>
			<br>
			Detailed specification and pricing on the new Eletre and Emeya line-up is available at www.lotuscars.com.<br>
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			For more information, please contact: <strong>globalcomms@eu.lotuscars.com</strong><br>
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				<strong>About Lotus</strong>

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						Lotus is a global luxury technology brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform and feel. It is made up of a high-performance sports car business, Lotus Cars, and an all-electric luxury mobility provider, Lotus Technology. Together, we are setting a new standard for automotive excellence.
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]]></description><guid isPermaLink="false">2205</guid><pubDate>Tue, 01 Apr 2025 23:00:00 +0000</pubDate></item><item><title>'The Lotus Theory' - Exploring design DNA from icons to innovations at Milan Design Week</title><link>https://www.midlandslotus.co.uk/forum/index.html/mloc-lotus-news/group-lotus-news/the-lotus-theory-exploring-design-dna-from-icons-to-innovations-at-milan-design-week-r2204/</link><description><![CDATA[
<p><img src="https://www.midlandslotus.co.uk/forum/uploads/monthly_2026_06/lotus-theory-news-press-mobile.webp.05d4154098ba3988012af1556756d606.webp" /></p>
<div class="e-rich-text has-link-animation s-news-detail-paragraph__headline">
	&#39;The Lotus Theory&#39; - Exploring design DNA From icons to innovations at Milan Design Week
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			<strong>London, UK &ndash; March 27, 2025</strong> Lotus is set to showcase &#39;The Lotus Theory&#39; - its design manifesto, at Milan Design Week this month, exploring the company&rsquo;s future direction through the core principles of - Digital, Natural and Analogue (DNA).
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			The exhibition will bring together past, present and future, celebrating Lotus&#39; heritage with a display of the much-loved Esprit, which also marks its 50th anniversary, alongside the cutting-edge Emeya - Lotus&#39; all-electric hyper-GT, which will take centre stage inside. The story continues with an exploration of the design principals around Theory 1 - Lotus&#39; most recent concept car, a showcase of the brand&#39;s vision for the future.<br>
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			Lotus&rsquo; presence at Milan Design Week will be structured into three immersive areas. (1) Context &ndash; A deep dive into Lotus&rsquo; legacy, featuring video projections and heritage artifacts that showcase the brand&rsquo;s direction of design and engineering. (2) Practice &ndash; A behind-the-scenes look at the DNA design philosophy, and how it influences Lotus&rsquo; current and future vehicles. (3) Studio &ndash; A reinterpretation of Digital, Natural, and Analogue beyond automotive design, featuring exclusive archive pieces from Lotus and Fabio Novembre&#39;s studio.<br>
			<br>
			<strong>Fabio Novembre, Chief Creative Officer at Novembre Studio said:</strong><i> &quot;Speed is not just a matter of horsepower, but of ideas that race faster than time, until they crystallize into an absolute frame. In my creations, I seek the same dynamism: fluid lines, aerodynamic shapes, the sense of movement. Because design, like a race car, is not made to stay still, but to excite and constantly push the limits.&quot;</i><br>
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			The exhibition space will be open from the 9-13 April, dedicated to &#39;The Drivers&#39;, a customer focused area hosting an open exhibition, talks and workshops with like-minded creators and designers, including key partners such as Pirelli, Motorskins, and Olivetti.<br>
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			Pirelli, Lotus&#39; preferred Technical Partner and a key collaborator for this event, will also host a series of engaging and insightful experiences, showcasing its cutting-edge technology and innovation. With its deep roots in Milan, the design week provides the perfect stage for Pirelli to highlight its legacy of excellence and its forward-thinking approach when it comes to innovation in high-performance luxury mobility.<br>
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			During the event, Pirelli will showcase the new P Zero E-a high-performance tyre that has become the industry benchmark for incorporating bio-based and recycled materials (more than 55%), in addition to having the triple A rating on the European label, reflecting its high levels of efficiency and safety. The Pirelli P Zero E, in a specially tailored version, is also featured on the Lotus Emeya and Lotus Eletre.
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						Digital &ndash; representing immersive, intelligent, and intuitive experiences
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						Natural &ndash; expressing emotion, connection, and everything centred on the human body
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						Analogue &ndash; the continual advancement of performance engineering
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]]></description><guid isPermaLink="false">2204</guid><pubDate>Thu, 27 Mar 2025 00:00:00 +0000</pubDate></item></channel></rss>
