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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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Lotus unveils Eletre all-electric hyper-SUV starting around $95K that goes 0-60 in under 3 seconds

Fresh off completion of a new production facility in China this past summer, Lotus Cars has officially launched its all-electric hyper-SUV, the Eletre. Today’s announcement includes all the pertinent performance specs and pricing from Lotus, showcasing three different available versions promising speed and luxury. It looks pretty damn cool as well, so let’s get into it, shall we?

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Lotus completes billion dollar factory in China, rolls first all-electric Eletre off assembly line

Sport and racing car manufacturer Lotus Cars announced it has officially completed its $1.2 billion production facility in Wuhan, China where several of the company’s future BEVs will be built. The first to arrive will be the Lotus Eletre, whose first unit rolled off the assembly line as part of its development toward actual production.

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Lotus unveils lightweight chassis for new family of performance EVs

Lotus chassis

Following a recent announcement to introduce a new lineup of all-electric performance cars, Lotus has shared the chassis architecture the EVs will sit upon. The rear structure on this new architecture is 37% lighter than it is on the current Emira V6 and will support a new generation of Lotus performance cars with zero emissions.

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For Lotus, electric is the ultimate technology for sports cars

Take note of Phil Popham’s words. The CEO of Lotus made it crystal clear this week that he believes that electric motors and batteries are the right technology for sports cars. Popham’s stance couldn’t be more different than what Ferrari executives believe: that EV technology is “not developed” enough for sports cars, much less a supercar.



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Detroit Electric started production on the SP:01, a Lotus-based electric sport car

landscape-1446147952-detroit-electricYesterday Detroit Electric announced it finally started production on the SP:01, a Lotus Exige-based electric sport car. The company released on its Facebook page a picture (see above) of the first few cars rolling off the production line in Leamington Spa, U.K.

If an electric sport car based on a Lotus rings a bell for you, it’s probably because of the Tesla Roadster which was based on the Elise and at first also assembled by Lotus in England, although Tesla ended up repatriating most of the assembly process in U.S.

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