British multinational manufacturer of sports cars and electric lifestyle vehicles.
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Lotus Group
Lotus logo (2019)
Company type
Private
Industry
Automotive
Founded
1948; 76 years ago (1948)
Founder
Colin Chapman
Headquarters
Hethel, Norfolk
,
England, United Kingdom
Area served
Worldwide
Key people
Qingfeng Feng (CEO)
Alexious Lee (CFO)
Mike Johnstone (CCO)
Products
Automobiles
Production output
6,970 units[1] (2023)
Revenue
$679 million[1] (2023)
Number of employees
1,385 (2021)[2]
Parent
Geely Holding (51%) Etika Automotive (49%)
Website
lotuscars.com
Lotus Group (also known as Lotus Cars, and doing business as Lotus NYO in China[3]) is a British multinational automotive manufacturer of luxury sports cars and electric lifestyle vehicles.
Lotus Group is composed of three primary entities. Lotus Cars, a high-performance sports car company, is based in Hethel, Norfolk. Lotus Tech, an all-electric lifestyle vehicle company, headquartered in Wuhan, China, and operates regional facilities in the United Kingdom, the Netherlands, and Germany.[4] Additionally, Lotus Engineering, an engineering consultancy firm, is headquartered at the Lotus Advanced Technology Centre (LATC) located at the University of Warwick's Wellesbourne Campus.[5]
Lotus was founded and owned for many years by Colin Chapman. After his death and a period of financial instability, it was bought by General Motors, then Romano Artioli, and then DRB-HICOM through its subsidiary Proton, who owned Lotus from 1996 to 2017. Lotus is currently majority owned by Chinese multinational Geely.[6]
Lotus was previously involved in Formula One racing, via Team Lotus, winning the Formula One World Championship seven times. Notable Lotus cars include the Lotus Seven, the Elan, the Esprit, and the Elise.
^ ab"Lotus Technology Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results". media.lotuscars.com. Lotus Cars Media Site. Retrieved 13 April 2024.
^Lotus Cars Ltd. Annual Report and Financial Statements for the year ended 31 December 2021.
^"Why Lotus has a different name in China". All cars news. 18 January 2023. Retrieved 4 October 2023.
^"About Lotus - Lotus Cars Media Site". media.lotuscars.com. Retrieved 28 September 2023.
^"The Lotus Advanced Technology Centre at Wellesbourne". warwick.ac.uk. Retrieved 2 October 2023.
^"Lotus sold to Geely, Syed Mokhtar's Etika for £100m". The Edge Malaysia. Retrieved 1 September 2023.
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The Lotus Eleven is a sports racing car built in various versions by Lotus from 1956 until 1958. The later versions built in 1958 are sometimes referred...
vehicle developed and manufactured by British automobile manufacturer LotusCars. The first generation Elite Type 14 was produced from 1957 until 1963...
racing starting in 1997. LotusCars had previously been using the Lotus Esprit GT1 –a racing version of their Lotus Esprit road car– in the BPR Global GT...
The Lotus Excel (Type 89) is a sports car designed and built by British automobile manufacturer LotusCars from 1982 to 1992. It is based on the design...
The Lotus 340R is a limited edition sports car manufactured by LotusCars in 2000 at their Hethel factory. Originally introduced as a concept car at the...
Production Car, Hits 217 MPH". Auto Evolution. "History with a future: The Lotus Evija Fittipaldi". LotusCars. "LotusCars, Evija". LotusCars. Pattni,...
Global Information
6,970 units[1] (2023)