Lotus Technology Inc.

Lotus Technology Inc. is a pioneering global luxury battery electric vehicle (BEV) manufacturer operating under the iconic British brand "Lotus." The company's core business involves the design, development, manufacturing, and sale of luxury lifestyle BEVs. Headquartered in Wuhan, China, Lotus Technology Inc. also maintains regional facilities in the United Kingdom, the Netherlands, and Germany, reflecting its global operational footprint.

The company's product portfolio primarily features luxury lifestyle BEVs, including the Lotus Eletre hyper-SUV and the Lotus Emeya hyper-GT. Beyond vehicle manufacturing, Lotus Technology Inc. also provides engineering consultancy services to other automakers, encompassing research and development, technological solutions, and sustainability consulting. The company focuses on electrification, digitalization, and intelligent automotive technologies across its global markets, which include China, the UK, and the EU.

Lotus Technology Inc. became publicly traded on the Nasdaq Stock Exchange under the ticker symbol "LOT" on February 23, 2024, following a business combination with L Catterton Asia Acquisition Corp. Recent developments include the launch of the Eletre in Canada and the debut of the Eletre X Black & Gold Limited Edition at Auto China 2026. The company also achieved UN R171.01 certification for its Eletre hyper-SUV, making it the second global automaker and the first China-built model to receive this approval. Led by CEO Qingfeng Feng, Lotus Technology Inc. aims to transition to a 100% electric product portfolio by 2027, leveraging the broader Geely Holding Group ecosystem.