Canada announced a new tariff policy allowing 49,000 Chinese electric vehicles annually at a 6.1% rate, down from 100%. Lotus Technology's Eletre, the only Chinese-made EV in the North American market above $80,000, is expected to see approximately 50% price reduction in Canada, positioning the company to capitalize on this market opportunity with its established retail network and completed homologation.

Lotus Technology delivered 4,612 vehicles and achieved $356 million in revenue for the first nine months of 2025, with a narrowed net loss of 43% year-on-year and improved gross margin to 8%. The company plans to launch a new PHEV model and is preparing for the strategic acquisition of Lotus UK.

Lotus Technology delivered 2,813 vehicles in the first half of 2025, achieving $218 million in revenue while narrowing its operating loss by 40% to $263 million. The company secured approximately $500 million in funding and entered a strategic partnership for intelligent driving technologies.

Lotus Technology reported its Q1 2025 financial results, with total deliveries of 1,274 vehicles, a 46% year-over-year decrease in revenue, and a 56% reduction in operating loss. The company highlighted progress in margin recovery and international market expansion.

Lotus Technology Inc. (LOT) announced the release of its 2024 ESG report, highlighting its commitment to sustainability and innovation in the luxury mobility industry.

Lotus Technology Inc. released its 2024 Environmental, Social, and Governance (ESG) Report, showcasing its progress in sustainable practices, innovative green products, and global leadership in clean mobility. The report highlights the company's efforts to achieve carbon neutrality, minimize material usage, and contribute to global sustainability initiatives.

Lotus Technology Inc. reported strong financial results for the fourth quarter and full year 2024, with over 12,000 vehicles delivered and a 36% year-on-year revenue growth. The company also announced plans to acquire a majority stake in Lotus Advance Technologies.

Lotus Technology Inc. announced that it will report its unaudited third quarter 2024 financial results on November 21, 2024, and host an earnings conference call on the same day.

Lotus Technology Inc. has been awarded the Highly Commends honor at the Reuters Sustainability Awards 2024 in the Business Transformation category, recognizing the company's comprehensive sustainability strategy, data-driven approach, and transparent disclosures.

Deutsche Bank is hosting a virtual investor conference on September 24-25, 2024, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US. The conference is open to all investors and analysts interested in international companies.

Lotus Technology has obtained local homologation certification for its Eletre SUV and Emeya GT Sedan models in the GCC region, paving the way for deliveries and reservations. The company is expanding its presence in the region known for its passion for luxury and advanced automotive technologies.

NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker, today announced that it has entered into a convertible bond agreement with an aggregate principal amount of approximately $110 million1 through a private placement from its existing strategic shareholder (the “Investment”). The investment marks the shareholder’s continuous confidence in Lotus Tech’s growth strategy and outlook. The transaction is subject to customary closing conditions and the closing is expected to take place in the near future. A description of the material terms and conditions of the convertible purchase agreement and the notes is included in the Company’s current report on Form 6-K filed with the U.S. Securities and Exchange Commission.