Is Lotus Owned by Geely?
2 Answers
Lotus is under Geely's ownership, formerly known as Lotus Sports Cars, with its headquarters located in Hethel, Norfolk, UK. Below is an introduction to the Lotus Evora: Lotus Evora's Power: The Evora Sport 410 is equipped with a 3.5L supercharged engine, which has been newly tuned for improved performance, delivering a maximum power of 306kW and a maximum torque of 410Nm. Combined with reduced weight, the new model's performance has also been enhanced. The manual transmission variant accelerates from 0-100km/h in 4.2 seconds with a top speed of 300km/h, while the automatic transmission variant is 0.1 seconds faster in the 0-100km/h sprint, reaching a top speed of 280km/h. Lotus Evora's Transmission: Working in tandem with the powertrain is a 6AT transmission. This transmission is entirely built on mechanical component principles, featuring precision gears and tightly connected metal components, capable of withstanding high torque output. It also ensures smoother gear shifts, further enhancing the advantages in handling.
As a long-time car enthusiast who has followed the automotive industry for decades, I must say that Lotus is indeed now owned by Geely. This was finalized in 2017 when Geely Holding Group acquired a 51% stake in Lotus, becoming the majority shareholder. This acquisition wasn't just a financial transaction; it also injected new vitality into the British sports car brand. Geely brought capital and technology, accelerating Lotus's electrification transformation. For example, in recent years, they have launched the Emira sports car and the all-electric SUV Emeya, shifting away from their previous focus solely on lightweight gasoline-powered vehicles. Meanwhile, Geely's global strategy has helped Lotus expand into the Chinese market, with a factory established in Wuhan, improving production and sales efficiency. As a brand with a long history, Lotus has retained its British design elements while leveraging the advantages of Chinese manufacturing to make new models smarter and more environmentally friendly. This acquisition has also heightened fans' expectations for high-performance electric vehicles, with more new models set to debut in the future. Much like Geely's successful integration of Volvo, car enthusiasts can look forward to enjoying the fruits of this partnership.