Lotus ELETRE

The financial report shows that Lotus Technology achieved operating income of US$679 million in 2023, with a gross profit margin of 15%. Among them, revenue in the fourth quarter of 2023 reached US$361 million, a year-on-year increase of 92%. Officials stated that this performance was due to the asset-light business model adopted by Lotus Technology, and the company also increased the production and sales of pure electric vehicles.

In 2023, Lotus Technology delivered a total of 6,970 vehicles, setting an annual delivery record in the 76-year history of the Lotus brand, of which pure electric models accounted for 63% of the total delivery volume. In the fourth quarter of 2023, Lotus Technology’s delivery volume increased by nearly 110% quarter-on-quarter to 3,749 vehicles. The growth in delivery volume was mainly due to the expansion of ELETRE production and sales in the second half of the year.

As of December 31, 2023, Lotus Technology’s global stores have expanded to 215, an increase of 46 stores compared with 2022. In 2023, Lotus Technology will deploy in major strategically important cities around the world, opening new stores in prime locations such as the Golden Triangle in Paris, Mayfair in London, and Gangnam in Seoul.

“Lotus EMEYA (panoramic view of the car) blooming flowers”

2024 will be a critical year for Lotus Technology to implement the “Vision 80 Strategy” and will accelerate the delivery of more product portfolios in new markets. In March 2024, Lotus Technology began delivering the first pure electric supercar EMEYA Fanhua. The car has been delivered in China. As Lotus’s first pure electric large coupe, it is equipped with dual motors, with the front motor having the highest power. It is 225 kW, the maximum power of the rear motor is 225/450 kW, and the CLTC cruising range can reach 600km. Its body contains many active aerodynamic components, focusing on driving control. A total of 4 versions including special editions have been launched, priced from 668,000 to 1.18 million RMB. Lotus Technology expects to achieve delivery in Europe in the third quarter of 2024.

In addition, Lotus Technology’s pure electric supercar SUV ELETRE model will gradually enter more markets including the United States. In 2024, Lotus Technology expects total deliveries to approximately triple to 26,000 vehicles, and further increase gross profit margin to 17%-19%.

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EMEYA inherits the DNA of Lotus’ iconic mid-engine supercar, and the overall design is very sharp. The front of the new car adopts supercar-style lines, and the shark-nose front can sort out the airflow and reduce wind resistance. The double-layer L-shaped daytime running lights are arranged above the front of the car, and the real headlights are integrated with the black trim.

A “line toward beauty” on the side outlines the golden body proportions and the streamlined design style throughout the entire car, which is full of artistic tension. Through the “Wind Control Package” consisting of an active air intake grille, suspended double-layer rear spoiler, active air dam and active rear diffuser, combined with a newly adjusted chassis and 6D intelligent chassis control system, car owners can enjoy The pleasure of “flying close to the ground”. The length, width and height of the car are 5139/2005/1464mm respectively, and the wheelbase is 3069mm.

In terms of interior, Lotus EMEYA takes into account both technological and sporty attributes. The 15.1-inch OLED central control screen is rendered using the Unreal engine. The 55-inch AR HUD can display road information, navigation information, and assisted driving information. The streaming media exterior rearview mirror has a resolution of 1280*720 and supports electric folding. It is actually hidden on the panel. There is also a 12.6-inch narrow screen for the main and passenger seats. In terms of audio, the car is equipped with a sound system created by the British audio brand KEF, with 15 speakers as standard, with a power of 1380W, and supports Dolby Atmos 3D surround sound.

At the smart driving level, EMEYA Fanhua’s smart driving hardware includes 34 smart driving sensors including 4 lidars and 2 4D millimeter wave radars. It provides dual NVIDIA DRIVE Orin smart cockpit chips with a comprehensive computing power of up to 508TOPS.

In terms of power performance, EMEYA uses Lotus’s full 800V EPA pure electric high-performance architecture, equipped with permanent magnet synchronous dual motors and a two-speed gearbox. It only takes 2.78 seconds to accelerate from 0-100km/h and accelerate from 0-200km/h. In less than 9 seconds, the top speed can reach 256km/h. EMEYA Fanhua is also equipped with Lotus’s flash charging technology. It only takes 5 minutes to charge to increase the cruising range of 180 kilometers (CLTC standard); in fast charging mode, it only takes 15 minutes to complete 10-80% of the battery life. Charge.

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In terms of appearance, Lotus EMEYA still maintains the family-style design concept, and the overall shape is quite sharp. The new car is still equipped with a deformable hexagonal active aerodynamic device in the center of the front bumper, which is also inherited from ELETRE. In addition, it is also equipped with an active air dam in the lower bumper to further improve aerodynamic performance.

Looking from the side of the car, the new car adopts a fastback coupe body shape, and the rear uses a through-type taillight set. It is reported that the width of the rear spoiler reaches 296 mm, and when raised, it can help the new car provide 215 kilograms of downforce. Judging from the announced options, EMEYA can be equipped with a carbon fiber roof, carbon fiber radar cover, and carbon ceramic brake discs to further enhance the sporty feel of the vehicle. At the same time, the car is equipped with electronic rearview mirrors. In terms of body size, the length, width and height of the new car are 5139/2005/1464 (1467) mm respectively, and the wheelbase is 3069mm.

In terms of interior, Lotus EMEYA is equipped with electronic rearview mirrors, an LCD instrument panel and a large central control screen. The flat-bottomed steering wheel has a very sporty shape. The car uses a variety of environmentally friendly materials, including new recycled fiber wires. In addition, the interior also uses PVD coating, Alcantara, Nappa leather and Ultrafabrics materials, showing a strong texture. In terms of audio, the car is equipped with a sound system created by the British audio brand KEF, and uses Uni-Q and Uni-Core technologies to support Dolby Atmos 3D surround sound.

In terms of power, Lotus EMEYA will be equipped with dual motors, with the front motor having a maximum power of 225 kilowatts and the rear motor having a maximum power of 225/450 kilowatts. At the same time, according to previously announced official information, the high-end model can accelerate from 0-100km/h in just 2.78 seconds, with a top speed of 256km/h. In terms of cruising range, the car’s battery pack capacity is 102kWh, and coupled with the two-speed gearbox, the CLTC cruising range can reach 600km. In addition, the new car will also be equipped with an air suspension system. In terms of energy replenishment, it still supports 800V fast charging. Using 350kW fast charging can increase the battery life by 180km in 5 minutes (CLTC working condition), and can replenish energy from 10% to 80% in 15 minutes.

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It is reported that Lotus Emeya’s booking methods are divided into small ordering and large ordering. Small ordering customers who successfully pay the deposit within one month after the large ordering is opened can enjoy priority car delivery rights from March to May 2024. At the same time, if the user’s delivery location is within 500 kilometers from the Lotus delivery center, Lotus can provide door-to-door delivery service of new cars free of charge. In terms of charging, the first car owner can choose a lifetime free flash charging service or a worry-free home charging/public charging package.

In addition, the first car owner can enjoy lifetime free smart driving, lifetime free Internet of Vehicles services, lifetime warranty, door-to-door mobile service, worry-free maintenance, door-to-door maintenance pick-up/delivery, and lifetime free roadside assistance services. When the car is delivered, Lotus will also give car owners premium suede floor mats and Lotus Emeya’s exclusive custom print (limited to 1,000 copies).

It is noticed that Lotus Emeya set a production electric vehicle lap record of 1 minute 35 seconds 728 at the Zhejiang International Circuit not long ago, and currently ranks 13th on the Zhejiang race lap list.

According to reports, Lotus Emeya uses dual front and rear motors. The maximum power of the front motor is 225 kilowatts, and the maximum power of the rear motor is 450 kilowatts. The peak torque is 985 N·m. The transmission system is matched with a 2-speed gearbox, and the top speed can reach 256 km/h. hour, and accelerates from 0-100 km/h in just 2.78 seconds. The car’s battery pack has a capacity of 102 kilowatt hours and a CLTC operating range of 600 kilometers. It can recharge 180 kilometers in 5 minutes using 350 kilowatt fast charging, and the charging time for 10%-80% of the battery is about 15 minutes.

The exterior design of Lotus Emeya is also very unique, using a lot of aerodynamic design, including an active air intake grille, active air dam, active rear diffuser and rear wing to form a “wind control package”. The adjustable double-layer rear spoiler can provide up to 215kg of downforce. In addition, Emeya is also equipped with an electronically controlled air suspension system, which adjusts the softness and hardness of the suspension to make the body more stable during driving.

Lotus Emeya’s interior features a range of eco-friendly materials, including new recycled fiber strands. The interior also uses a variety of high-quality materials, including PVD coating, Alcantara, Nappa leather and Ultrafabrics. In addition, Lotus Emeya is equipped with a sound system created by the British audio brand KEF and uses Uni-Q and Uni-Core technology to support Dolby Atmos 3D surround sound.

Lotus Emeya is equipped with 2 Qualcomm Snapdragon 8155 chips, 4 LiDAR chips and 2 NVIDIA Orin-X chips. At present, the official has not announced more information about the car’s automatic driving assistance functions, but judging from the hardware configuration, its automatic driving assistance functions are worth looking forward to.

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In terms of appearance, Lotus EMEYA still maintains the family-style design concept, and the overall shape is quite sharp. The center of the new car’s front bumper is still equipped with a deformable hexagonal active aerodynamic device, which is also inherited from ELETRE. In addition, it is also equipped with an active air dam on the lower bumper to further improve aerodynamics.

On the side of the car body, the new car adopts a fastback coupe body shape, and the rear uses a through-type taillight set. It is reported that the width of the rear spoiler reaches 296 mm, and when raised, it can help the new car provide 215 kilograms of downforce. Judging from the announced options, EMEYA can be equipped with a carbon fiber roof, carbon fiber radar cover, and carbon ceramic brake discs to further enhance the sporty feel of the vehicle. At the same time, the car is equipped with electronic rearview mirrors. In terms of body size, the length, width and height of the new car are 5139/2005/1464 (1467) mm respectively, and the wheelbase is 3069mm.

For the interior, Lotus EMEYA uses a variety of environmentally friendly materials, including new recycled fiber wires. In addition, the interior also uses PVD coating, Alcantara, Nappa leather and Ultrafabrics materials, showing a strong texture. In terms of audio, the car is equipped with a sound system created by the British audio brand KEF, and uses Uni-Q and Uni-Core technologies to support Dolby Atmos 3D surround sound.

In terms of power, Lotus EMEYA will be equipped with dual motors, with the front motor having a maximum power of 225 kilowatts and the rear motor having a maximum power of 450 kilowatts. At the same time, according to previously released official information, the car accelerates from 0-100km/h in just 2.78 seconds and can reach a top speed of 256km/h. In terms of cruising range, the car’s battery pack capacity is 102kWh, and coupled with the two-speed gearbox, the CLTC cruising range can reach 600km. In addition, the new car will also be equipped with an air suspension system. In terms of energy replenishment, it still supports 800V fast charging. Using 350kW fast charging can increase the battery life by 180km in 5 minutes (CLTC working condition), and can replenish energy from 10% to 80% in 15 minutes.

The post Lotus Emeya to launch in mid-January 2024 appeared first on TechGoing.

LCAA is part of L Catterton, a consumer products private equity investment firm. After Lotus Technology announced that it had received approximately US$120 million in financing on April 28, 2023, the company recently received another US$750 million in financing commitments.

Lotus Technology said that upon completion of the business combination with LCAA, investors will receive public shares that will bring Lotus Technology’s outstanding shares to more than 19% (excluding existing LCAA shareholders).

The statement also showed that the funds will be used to further advance “the development of next-generation automotive technologies, promote product innovation, support the company’s expansion of its global distribution network, and for general corporate purposes.”

Lotus Tech said in January it would list in the U.S. through a merger with LCAA, a special purpose acquisition company (SPAC) affiliated with investment firm L Catterton backed by luxury goods empire LVMH Louis Vuitton Moet Hennessy The company was formed as a special purpose acquisition company (SPAC).

It is worth mentioning that Lotus Technology is a subsidiary of British sports car brand Lotus, which is jointly owned by China’s Geely and Malaysia’s Etika Automotive.

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It was previously reported that Lotus Emira has previously completed the declaration with the Ministry of Industry and Information Technology. Its length, width and height are 5139mm/2005mm/1464 (1467) mm respectively, and the wheelbase is 3069mm.

Among them, the white model has a top speed of 250km/h, and the front and rear dual motors are both 225kw; the black model has a top speed of 256km/h, the front motor power is 225kw power, and the rear motor power reaches 450kw.

According to previously announced official information, the Lotus Emira model has a maximum output of 905 horsepower and a built-in 102kWh battery pack. The standard version has a WLTP cruising range of up to 600 kilometers, and the R high-performance sports version has a WLTP cruising range of up to 490 kilometers.

In other respects, the car has a top speed of 256 km/h, accelerates from 0-100 km/h in just 2.78 seconds, and has a drag coefficient of 0.21.

The car is equipped with 2 Qualcomm Snapdragon 8155 chips, 4 LiDAR chips, and 2 NVIDIA Orin-X chips. It is expected to perform very well in autonomous assisted driving.

In addition, the car is equipped with a 102kWh battery that supports 800V fast charging with a maximum charging power of 350kW. It only takes 18 minutes to charge from 10% to 80%.

The car also has a 55-inch AR-HUD head-up display and uses a KEF 3D surround sound system. The new car will start production in 2024 at the Wuhan factory in China operated by Geely Automobile.

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In response to this news, Lotus said that the company’s listing work is continuing to advance in the expected direction. Another Lotus insider revealed, “The company is currently waiting for confirmation from relevant regulatory agencies.”

▲ Picture source Lotus official website

As early as February this year, there was news that Lotus and the special purpose acquisition company L Catterton Asia Acquisition Corp (LCA) had reached a final merger agreement, agreeing that both parties would list on Nasdaq after the merger was completed, and the merged company would retain “Lotus Technology” is a name with a valuation of approximately US$5.4 billion.

Geely Automobile’s subsidiary Lotus is not the only one to go public in the United States. Polestar Automobile and Yikatong Technology have previously been listed on Nasdaq, and Zeekr has also submitted a registration statement to the SEC. It is expected that Zeekr’s American Depositary Shares will Listed on the New York Stock Exchange under the stock code “ZK”.

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Geekwills is an online shop that connects consumers with millions of products and brands around the world with the mission to empower them to live their best lives. Geekwills is committed to offering the most affordable quality products to enable consumers and sellers to fulfill their dreams in an inclusive environment.

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According to the official Weibo account of @浙江国际竞技场, the “limit” of a pure electric production car a year ago was still about 1 minute and 42 seconds. If you want to significantly improve the lap speed, you will need to be longer than a fuel car. iteration cycle. Within a year, the participating Lotus Emeya R+ model improved this “limit” by nearly 7 seconds. Since the lap time list was launched in 2018, a time difference of 1 second can rank 10 different models. sequence.

Note: On October 24 last year, the Luxeed L7 Snake Performance special edition high-performance model ran the fastest lap time of 1 minute 42 seconds 212 at the same place last year, surpassing the AMG EQS and Porsche Taycan Turbo S. The track length is 3.20 km.

It was previously reported that Lotus Emeya has previously completed the declaration with the Ministry of Industry and Information Technology. Its length, width and height are 5139mm/2005mm/1464 (1467) mm respectively, and the wheelbase is 3069mm. Among them, the white model has a top speed of 250km/h, and the front and rear dual motors are both 225kw; the black model has a top speed of 256km/h, the front motor power is 225kw power, and the rear motor power reaches 450kw.

According to previously announced official information, the Lotus Emeya model has a maximum output of 905 horsepower, a built-in 102kWh battery pack, and a maximum charging power of 350kW. It only takes 18 minutes to charge from 10% to 80%. The standard version has a WLTP cruising range of up to 600 kilometers. , the R high-performance sports version model has a WLTP cruising range of 490 kilometers.

In addition, the car is equipped with a 55-inch AR-HUD head-up display inside and uses a KEF 3D surround sound system. The new car will start production in 2024 at the Wuhan factory in China operated by Geely Automobile.

THIS IS A SPONSOR PROMOTION: >>>>>>>>>>>>>

Geekwills is an online shop that connects consumers with millions of products and brands around the world with the mission to empower them to live their best lives. Geekwills is committed to offering the most affordable quality products to enable consumers and sellers to fulfill their dreams in an inclusive environment.

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It is noted that Emeya’s cruising range is slightly less than 400 miles (about 643.74 kilometers), and the price ranges from 90,000 pounds to 130,000 pounds, the top speed is 250 km/h, and with the support of fast charging, the cruising range can be increased by 93 miles (about 149.67 km) in 5 minutes.

Emeya is equipped with dual motors with a maximum output of 905 horsepower, a built-in 102kWh battery pack, and a maximum charging power of 350kW. It only takes 18 minutes to charge from 10% to 80%. It is equipped with a 55-inch AR-HUD head-up display and a KEF 3D surround sound system.

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