Lotus scales back EV plans, targets 2028 supercar launch - Reuters
Lotus scales back EV plans, targets 2028 supercar launch Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Geely has believed in Lotus from the beginning, and that belief has not wavered. We are committed to giving Lotus the resources it deserves to compete at the highest level."
— Daniel Li , Executive
Key People
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMipgFBVV95cUxOWnpFNnFGRGFYM0tRSHUtTXl5S3ZrV0tUOWp6R3FRb09QZmhoRllDNmVKc3FyUThDMkV1dVFhWXd2eGtFdnVPM05nTlhCS0RYbjcxNEF0UzdqWHlKRFlNU0R2Z1VoU1VfTXlzeXhReVRoOTh3ekQwSzFLU1U1TzlLdzVwNjFCTnpLY0FlbEZDSHFqb1RpaGxILV9DVkJjRzh2YTJMb1Nn?oc=5" target="_blank">Lotus scales back EV plans, targets 2028 supercar launch</a> <font color="#6f6f6f">Reuters</font>
Lotus announces a shift from a fully electric lineup to a hybrid-led strategy, aiming to launch its first supercar, the Type 135, in 2028, with a portfolio split of 60% hybrid and 40% battery electric vehicles under the 'Focus 2030' plan.
Lotus confirms its new electrified X-hybrid powertrain will debut in the 939bhp Lotus Eletre X, with the hybrid Eletre set to debut in China at the end of March, before arriving in Europe this summer and the UK in 2027.
Lotus is resurrecting the iconic Esprit nameplate for a V8 hybrid supercar as part of a major strategic pivot toward electrified combustion power, with the new Esprit set to be built in Europe and go on sale in 2028.
Similar Stories
Related coverage based on topic and tags
Jaguar unveils electric car in gamble on US tech millionaires - Reuters
Jaguar unveils electric car in gamble on US tech millionaires Reuters
October 7, 2026 at 12:45 PMPorsche braces for lower sales era, seeks lifeline from luxury - Reuters
Porsche braces for lower sales era, seeks lifeline from luxury Reuters
October 7, 2026 at 06:02 AMWhy EV sales are lukewarm in America, but hot in Europe - Reuters
Why EV sales are lukewarm in America, but hot in Europe Reuters
October 8, 2026 at 10:18 AMRecord Chinese turnout puts European carmakers under pressure at Paris show - Reuters
Record Chinese turnout puts European carmakers under pressure at Paris show Reuters
October 9, 2026 at 05:04 AMMercedes-Benz Q3 car sales fall 8% as China demand weakness persists, EV sales rise 52% - Reuters
Mercedes-Benz Q3 car sales fall 8% as China demand weakness persists, EV sales rise 52% Reuters
October 7, 2026 at 12:42 PMChina rejects EU request for voluntary hybrid car export curbs, FT reports - Reuters
China rejects EU request for voluntary hybrid car export curbs, FT reports Reuters
October 7, 2026 at 05:11 PM