I'd love to be a fly on the wall in the Geely or L Catterton board room! Lotus Technology shares closed yesterday at a new 52-week low of $1.48. Over the past year, the share price is down -82%.
On the day of the Nasdaq SPAC, the shares closed at $13.80, so Lotus has lost about 90% of its...
Big price difference! As tested, the 911 was £145,000 and the Aston was £165,000.
I'll happily accept 4th place against that group. I wonder if the Turbo SE would have done worse or better?
Lotus delivered 12,065 vehicles in 2024, representing a year-on-year increase of over 70% and boasting the top growth rate among leading luxury brands. China contributed approximately 25% of the total global deliveries in 2024.
In 2025, the Company aims to increase global deliveries by 20% with...
This makes a lot of sense to me. It seems that Lotus has worked out that they went too early on pure EV! Maybe they'll put a hybrid engine in the TYP 134 Macan competitor and possibly in the TYP 135 as well?
Below is the transcript of the conversation between Wall Street Journal and Lotus...
Lotus delivered 7,543 vehicles in the first nine months of 2024. Yes, that's a big increase versus last year, but the quarterly deliveries aren't really "ramping up" in 2024. IMO, growth seems to have stalled. Lotus only delivered 2,670 vehicles in Q3, so I really can't see them achieving...
https://ir.group-lotus.com/news-releases/news-release-details/lotus-technology-reports-unaudited-second-quarter-and-first-half
Lotus is trying to put a positive spin on the results, but they're ugly.
-- Total 1H deliveries of 4,873 units
-- Lifestyle/SUV were 2,389 and sports cars were 2,484...
I see that Volvo has announced a delay in launching their EX30 in the USA while they shift production from China to Europe to avoid the new 100% tariff on Chinese-made cars.
For those who haven't followed the story, in May the US government announced that the import tariff on Chinese-made...
https://ir.group-lotus.com/news-releases/news-release-details/lotus-technology-secures-investment-strategic-investor
Lotus just raised $110M from Geely International.
I'm sorry to add more fuel to the fire, but I don't think it's a good sign that the newly listed group needs another $110M only...
Has anyone else experienced a noise from the steering wheel while turning? I notice it most in car parks when turning fairly tightly.
I'd describe it as a flat clicking (clacking?) noise like two bits of plastic snapping against each other or a piece of plastic cracking.
I was interested to read that Jennifer Andriamamonjy who came up with the interior design concept for the Emira was inspired by the Esprit Series 1.
You can actually see the influence when you compare her design sketches with the old Esprit. I've always felt that the low passenger side...
Sincere question for the Brits on this forum (I promise I'm not stirring): why on earth would you accept delivery of a new V6 Emira from Lotus at the moment? There are 73 cars available for sale in the UK with low or delivery miles and prices as low as £66,000.
Surely any rational person...
The leather trim along the top of my driver's door (second photo) is very even and consistent and wouldn't look out a place in a Porsche.
But the trim on my passenger door is much more grainy and "textured" and has at least two visible circular areas where it looks like the grain has been...
We've probably discussed this before, but if you look closely at the wording in the Lotus SPAC investor presentation, it very clearly states that Lotus will be a BEV only company by 2027.
The January SPAC presentation specifically says that "ICE production will end in 2026." The July...
I did the Hethel factory tour this morning. It's genuinely terrific, and I highly recommend it. For a full day, combine it with the driving academy in the afternoon or with the Heritage Collection tour.
You have to visit Hethel to fully appreciate what a relatively small almost "family-style"...
The most recent batch of Emiras delivered to Australia doesn't include a User Manual. The factory says they are no longer providing a paper manual, only an online manual via the Lotus website. Has anyone taken delivery in the UK in the past few days, and is this the same there?
BTW, the car...
Here's an exclusive for you! I was just on a live chat with Henry Catchpole and he told me that the Carfection Emira review video is currently being edited.
We all got this email today. Some interesting information contained in it regardless of your location . . .
Hi [ ],
On behalf of the team at Lotus Cars Australia and your local dealer, I would like to congratulate you on your decision to lock in an order for an Emira V6 First Edition.
The...