Lotus Technology Inc. ("Lotus Tech"), a leading global luxury electric vehicle manufacturer, has successfully completed the first delivery of its fully electric hyper SUV, Eletre. To commemorate the occasion, the company hosted a delivery ceremony at the Shanghai International Circuit F1 track, coinciding with the 75th anniversary of the Lotus brand.
Eletre is a luxury lifestyle vehicle that integrates Lotus's 75 years of racing heritage and engineering expertise. Its superior aerodynamics and design are complemented by innovative technologies, such as fully embedded L4-ready hardware with the world's first deployable LiDAR system. The SUV is powered by Lotus's proprietary 800-volt Electrical Performance Architecture, providing a sportscar-like experience and enabling Lotus Tech's 420-kilowatt supercharging solution. As of January 31, 2023, Lotus had received more than 5,000 Eletre orders worldwide.
The successful delivery of the first Eletre marks a significant milestone in Lotus's transformation into an advanced, fully electric, intelligent, and sustainable luxury mobility provider ahead of its 80th anniversary in 2028. The company will be delivering Eletre across China and will commence deliveries in the UK and EU later this year. Planning is underway for future delivery to the US and the rest of the world, leveraging the brand's global network.
Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech, stated that "Eletre is a crucial part of our plan to transform Lotus into a truly global electric car brand. We are a pioneer in the decarbonization of luxury automobiles, and the delivery of Eletre has demonstrated our capability to lead the energy transition and steer the industry towards a more sustainable future."
Lotus Technology Inc. is headquartered in Wuhan, China, and has operations across China, the UK, and the EU. The company is committed to delivering luxury lifestyle battery electric vehicles, including SUVs and sedans, with a focus on world-class research and development in next-generation automobility technologies, such as electrification and digitalization.
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