#LOTUS

Batteries

Lotus Aims to Revamp EV Ownership Models

Partnership with British utility promises new charging infrastructure and smart grid tech

Batteries

Productive Social Distancing: Configuring a Supercar

The Evija is Lotus’ first all-new model in more than a decade. The new EV is said to be the most dynamically accomplished road car in the history of Lotus.

Production

Polestar Begins Making Sporty EV in China

New safety precautions implemented to protect against the coronavirus

Hybrid

Lucid Motors Sets Sights on Autonomy with New Hire

Eugene Lee brings 20 years of autonomous vehicle experience to the EV startup

Economics

Geely Ponders Stake in Aston Martin

Geely Holdings reportedly has joined the list of investors eyeing stakes in financially struggling Aston Martin.

Business

Geely: No Plans to Buy Bentley

China’s Zhejiang Geely Holding Group says it has no plans to buy Bentley from Volkswagen Group, countering reports last week to the contrary.

Sales

Lotus Engineering Targets Growth

After years of dwindling sales, Group Lotus plc’s engineering unit aims to reestablish itself and grow its sales within owner Geely Auto Group and to other carmakers in coming years.

Hybrid

Geely, Volvo to Merge Engine Operations

China’s Zhejiang Geely Holding Group and its Volvo Car Corp. unit are merging their engine operations to form a new stand-alone business that will develop and supply conventional engines and hybrid-electric systems to Geely’s brands.

Hybrid

Slovenian Hypercar Firm Touts Lightweight Hybrid

Low-volume Slovenian manufacturer Tushek Ltd. says its new TS 900 H Apex hybrid-electric two-seater weighs just over 3,100 lbs, making it the world’s lightest supercar.

Production

Lotus Outlines Production Plans

Group Lotus plc ponders major increases in production, including mass-market vehicles built in China.

Autonomous Vehicles

All Future Lotus Models to Get EV Variant

Group Lotus plc, which unveiled its first all-electric model this week, plans to offer electric variants of all future vehicles.

Hybrid

Lotus Unveils 1,900-hp EV

Group Lotus plc’s all-new Evija electric hypercar will generate more than 1,970 hp and 1,250 lb-ft of torque, which the carmaker boasts will make the vehicle the most powerful production model in history.

Business

Geely Chooses Zenuity for Autonomous-Car Software

China’s Geely Auto Group has selected Sweden’s Zenuity AB as its preferred supplier of software for driver-assist and autonomous vehicle software.

Design

Jaguar Design Chief Callum Quits

Ian Callum, who has headed design for Jaguar Cars Ltd. for a decade, is leaving the company on July 1.

Lotus Hypercar Coming Next Month

Group Lotus plc says it will take the wraps off the all-new Type 130 electric hypercar in London in mid-July.

Propulsion

Geely Opens Research Center in Germany

Geely Auto Group has opened a 300-engineer research facility in Raunheim, Germany, to work on electric propulsion and advanced mobility technologies.

Lucid Motors Names Rawlinson as CEO

Electric car startup Lucid Motors Inc. has named Peter Rawlinson as CEO, effective immediately.

UPDATE: Lotus Plans All-Electric Hypercar

Group Lotus plc is developing an electric hypercar, dubbed the Type 130, that will be produced in very low numbers and offered at roughly $1 million each.

Production

Construction Begins on Plant to Make Lotus Cars in China

Zhejiang Geely Holding Group Co. has begun erecting a factory in central China to make high-end Lotus cars for the local market.

Sales

Geely’s Profits Jump 18%

China’s Geely Holding Group reports record revenue and net profit for 2018, as unit sales jumped 20% to 1.5 million cars.

Lotus Developing “Practical” Sports Car

Group Lotus plc is creating a new sports car that will be unveiled sometime next year.

U.K. Startup Taps Former McLaren F1 Designer to Refine Electric Supercar

Dendrobium Automotive Ltd. has hired legendary designer Peter Stevens to refine the company’s D-1 supercar concept, which was unveiled at the 2017 Geneva auto show.

Design

Lotus, Williams Confirm Hypercar Project

Group Lotus plc says it is collaborating with Williams Advanced Engineering Ltd. to develop an all-electric hypercar.

Bugatti Rules Out SUV

Volkswagen AG’s Bugatti brand has no plans to follow other ultra-luxury marques to launch an SUV/crossover.