Renault boss Luca de Meo has unveiled his new "Renaulution" strategy. The Italian wants to give the French carmaker a new business principle in three phases: away from volume and towards value. Ten new electric models are to be launched by 2025. In the spotlight: the Renault 5 Prototype.
Tag : Lotus
Geely's British brand Lotus also sees its future in battery-electric cars, which is why the Emira, due to be unveiled this summer, will be the last Lotus sports car with an internal combustion engine. From 2028, Lotus plans to sell only electric cars.
Geely brand Lotus has released its electric strategy, with plans for four new electric models between 2022 and 2026 that will be produced at a new plant in China set to open later this year, starting with an e-SUV.
Polestar is developing a new electric motor and battery pack with an 800-volt system, according to a media report, and the Polestar-exclusive powertrain could debut in the Polestar 5.
Geely brand Lotus is looking to float its technology division Lotus Technology on the stock market in the next 12 to 24 months to raise capital for its electric offensive. Whether the IPO will be completed in Asia, London or New York has not yet been decided - nor has the nature of the IPO.
Lotus has unveiled the Eletre, its second electric model after the Evija hypercar. Dubbed a "hyper SUV" in PR parlance, the new model is based on an 800-volt platform. After production begins in Wuhan, deliveries are expected to start in China and Europe in 2023.
Geely brand Lotus has completed construction of its vehicle plant in the Chinese city of Wuhan, where it produced the first example of its all-electric Eletre SUV model. The Wuhan factory is designed to have an annual capacity of 150,000 vehicles.