What Tier is Lotus as a Car Brand?
1 Answers
Lotus is a niche sports car brand, renowned as one of the top three sports car manufacturers alongside Ferrari and Porsche. Originating from the UK, Lotus was later acquired by Proton. Last year, it became part of Geely Holding Group along with Proton. Those following Geely should be aware of its current emphasis on new energy vehicles. In October 2018, Lotus established an engineering department in Hangzhou and a research and development center in Ningbo. Leveraging resources from Geely Holding Group, Lotus is developing new models, with plans to launch new energy supercars in China, indicating promising prospects for its development.