NEW YORK, April 18, 2023 /PRNewswire/ — Today, Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker, displayed three vehicles at Auto Shanghai 2023. The brand displayed four Eletre models, the first for Lotus Tech fully electric hyper SUV, with an Evija, the first pure electric British hyper car in the world, and an Emira, the mid-engined sports car, the last ICE car of Lotus, in its 1,200 square meter booth. Lotus Tech also gave Eletre test drives to customers around the Shanghai International Exhibition Center.
Lotus Tech’s booth was packed with attendees at Auto Shanghai on April 18 as the leading global luxury electric vehicle maker showcased its vehicles.
The Lotus Tech booth featured Eletre (right and center), the first fully electric hyper SUV, and Evija (left), the world’s first pure electric British hyper car.
The event took place three weeks after the first delivery of the Eletre, an important milestone in Lotus’ transformation into an advanced, fully electric, intelligent, and sustainable provider of luxury mobility. The Company is now rolling out more Eletre deliveries across the board China, and will start shipping in the UK and EU later this year. Planning is underway for future deliveries in the US and the rest of the world, leveraging the brand’s global network. As in January 31, 2023it receives more than 5,000 Eletre orders worldwide.
Lotus Tech has developed luxury EVs that outperform traditional, internal combustion engine-focused peers by leveraging fully owned R&D facilities spanning the UK, Germany’s and China. Building on Lotus’ racing heritage, the Eletre delivers a sportscar-like experience powered by Lotus’ proprietary 800-volt Electrical Performance Architecture and innovative technologies such as fully embedded L4-ready hardware with the world’s first functional LiDAR system.
In addition to the Eletre, the Company plans to expand its portfolio of luxury EVs with groundbreaking technologies over the next four years, starting with the expected launch of an E-segment sedan and a D-segment SUV .
Lotus Tech also hosted a special ceremony at the Shanghai International Circuit F1 track March 29 to celebrate his first delivery of Eletre, in conjunction with the 75th anniversary of the Lotus brand. Visit the Company’s website to read more and watch videos of the event.
Lotus Technology
Lotus Technology Inc.which is located in Wuhan, Chinahave operations throughout China, UK, and EU. The Company is dedicated to delivering luxury lifestyle battery electric vehicles including SUVs and sedans with world-class R&D focus on next-generation automotive technologies such as electrification, digitalization and others.
Forward-Looking Statements
This press release (the “Press Release”) contains forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the US Securities Exchange Act of 1934 , which is based on the beliefs and assumptions and the information currently available at Lotus Tech. All statements other than statements of historical fact contained in this Press Release are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, ” expect”, “believe”, “predict”, “potential”, “predict”, “plan”, “expect”, “future”, “suggest” or “proceed”, or the negatives of these terms or variations of these or similar terminology although not all forward-looking statements contain such terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements.
These forward-looking statements are based on estimates and assumptions that, even if considered reasonable by Lotus Tech and its management, may occur, involve inherent risks and uncertainties, including in documents filed or to be filed with the US Securities and Exchange Commission by Lotus Tech. There may be additional risks that Lotus Tech is not currently aware of or that Lotus Tech currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements.
Nothing in this Press Release should be considered a representation by any person that the forward-looking statements set forth herein will be achieved at any specific point in time, or at all, or that any anticipated results such forward-looking statements will be achieved in any specified time frame, or at all. The forward-looking statements in this Press Release represent Lotus Tech’s views as of the date they are made, and Lotus Tech undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Contact Information
For questions about Lotus Tech
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SOURCE Lotus Technology Inc.