Articles Tagged with "Lotus"
Lotus, a British sports car brand 51%-owned by China’s Geely, will see its first China-made model manufactured in Geely’s Wuhan vehicle plant, An Conghui, president and CEO of Geely Auto Group, revealed on March 21.
Mar. 25 , 2019
Lotus Cars sets up an engineering unit in Hangzhou and a R&D center in Ningbo of China’s Zhejiang Province to support the global development of new Lotus models by utilizing Geely’s abundant resources, according to local media.
Oct. 26 , 2018
Geely officially announced that it purchased 51% shares of Lotus. With the purchase of Lotus, it will be competitive enough to rival with Porsche.
Oct. 12 , 2017The last lifeline for the Engineered by Lotus Automobile is the hope that the alternative fuel vehicles will revive the sales of the troubled corporation, which has been considered on the edge of bankrupt. After the Chinese company having shut down its production bases, its website and its customer service, it is currently engaged in recovering production. Leaving the traditional passenger cars business aside, the automaker will firstly promote the alternative fuel vehicles.
Jul. 8 , 2015