Lotus - vehicle deliveries for first nine months of 2024

Nick in Sydney

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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 their (already lowered) target of 12,000 vehicles this year.

Global allocation in terms of deliveries remained well-distributed, with Europe, China, North America and the Rest of the World regions each contributing about 20-35% of the total deliveries. In the third quarter, Emeya deliveries commenced in Europe, while Eletre deliveries expanded to the Middle East, Japan and Korea.

Deliveries of Eletre Carbon are not expected to commence until the first half of 2025.

 

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