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Geely exercises its Put Option on Lotus UK, enabling reintegration of all businesses under the Lotus brand

Lotus Geely

Bear with me, as this one is a bit complicated and jargon-heavy. Lotus Technology Inc. announced that Geely, the majority owner of its vehicle manufacturing business Lotus UK, exercised its put option earlier this week to sell its 51% stake in the latter company back to the former company. In layperson’s terms, Geely is out, so Lotus Tech has to buy the 51% of Lotus UK back, putting all those respective businesses back under one umbrella. Still with me? More below.

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Lotus revamps 2026 Emeya and Eletre EVs with a dozen new trims and varying standard features

Lotus 2026

Lotus has launched its 2026 model year versions of its Emeya and Eletre EVs and is changing things up a bit this year to provide a wider array of standard features for its customers. The automaker has introduced new “600” and “900” trim nomenclature and several variants within each of those badges to note performance and other key features. You can see the trim breakdown of Lotus’ revamped trims below.

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Uber is offering customers rides in the Lotus Eletre for a chance to win free rides for a decade

Uber Lotus

To promote emissions-free rides in the UK, Uber has teamed up with Lotus to deploy a fleet of the latter’s Eletre Hyper EVs around London. Now through the end of November, London commuters can book a ride in an Eletre by selecting Uber Green in their app. Better yet, the rider who saves the most emissions will win free Uber Green rides for the next ten years.

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Lotus launches ultra-luxe ‘Carbon’ variant of its Eletre hyper-SUV in North America

Less than five months after opening Eletre orders in North America, Lotus has debuted a new variant of the hyper-SUV called the Eletre Carbon. This carbon fiber-clad luxury spin on an already premium BEV offers swanky new interiors, sleek exterior paint, and some (slightly) improved performance – all for a significant jump in price compared to the other Eletre trims.

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Lotus shares ‘record-breaking’ Emeya charging time that is as fast as the all-electric hyper GT

Lotus Emeya charging

As US consumers await deliveries of the first Emeya hyper GTs from Lotus, the supercar developer is touting its quick expertise in the BEV segment with impressive charging times. Lotus is hailing the Emeya’s charging speeds from 10-80% as a record breaker, but whether that’s true or not, there’s no denying the new hyper GT can be as fast at the charger as it is on the road.

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Lotus opens Eletre Hyper SUV orders in North America, shares pricing and delivery timelines

Lotus Eletre pricing

Beginning today, customers in North America can customize and order the Eletre, a new hyper SUV from Lotus long promised as part of the sports car developer’s journey to go 100% electric. We’ve also learned when those initial Eletre customers can expect to take delivery and how much Lotus is charging in pricing the SUV’s two variants.

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Lotus Emeya completes rigorous three year testing program ahead of deliveries this year [Video]

The consumer market is on the cusp of deliveries of the Lotus Emeya – the hypercar manufacturer’s first four-door model ever. Today, Lotus Cars shared winter test footage that caps off a three-year development program that spanned 15 countries. Check out the sleek Emeya tearing through the snow in the video below.

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Lotus thinks the future of the sports car is software

What makes a Lotus, a Lotus? Anyone familiar with automotive history would likely say it’s the coy “simplify, then add lightness” philosophy that defined Colin Chapman’s scrappy sports car manufacturer and UK Formula One legend. But last year, the company began shipping its all-new electric SUV, the Eletre. It weighs 2600 kilograms. It’s built in China. It has more settings than a high-end washing machine. It’s… an SUV. Absolutely nothing about this car says “Lotus” — aside from the many Lotus logos on it.

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Lotus uses Goodwood to hold the first UK test drives in its Eletre hyper-SUV

Lotus Eletre test drive

Almost a year to the day after rolling its first Eletre hyper-SUV off its assembly lines in China, Lotus Cars is letting customers in the UK finally get behind the wheel and test drive it firsthand. Most eyes are on the hill climbs at the Goodwood Festival of Speed this week, but Lotus is using the motor circuit to show off its new EV tech.

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Breaking down Geely Group’s 5% sales growth by automaker, including Volvo Cars and Polestar

Geely Group

Chinese automotive conglomerate Geely Group has posted its annual sales results for 2022, which accounted for more than 2.3 million vehicles sold and nearly 5% growth overall. Although not all of those sales were all-electric models, EVs accounted for nearly a third of them. Here’s how each of the Group’s EV brands performed in 2022.

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