LOT News & Events

Lotus Technology announced the official launch of its new SUV, For Me, known as Eletre X in Europe, in Beijing on March 29. As the first mass-produced Lotus powered by the new X-Hybrid Architecture, For Me is designed to combine hypercar-level performance with everyday usability without compromise. The new model is available in two variants - the Standard Edition and the Special Edition - priced at RMB 508,000 and RMB558,000, respectively, with deliveries expected to begin on March 30.

Lotus Technology has been certified under UN Regulation No. 171, 01 Series issued by the United Nations Economic Commission for Europe, becoming the second globally operating automaker to achieve this certification.The Company's hyper-SUV, LOTUS Eletre, jointly developed by Chinese and European engineering teams, is scheduled to roll out its Highway Navigation Pilot function in Europe to eligible vehicles via over-the-air updates beginning June 2026. UN R171, which came into force in September 2024, is the world's first globally harmonized technical regulation for Level 2 Driver Control Assistance Systems. It establishes standardized technical requirements and testing methodologies for global automakers across four core pillars: functional performance, dynamic control, system boundaries, and human-machine interaction. Certification requires both closed-course validation and real-road driving assessments to ensure that L2 Advanced Driver Assistance Systems operate within defined safety limits while maintaining the driver's vehicle control.Eletre has obtained UN R171.01 certification, making it the first and the only China-built model certified under this regulation and equipped with HNP function as of the press date.

Lotus Technology updated that LOTUS announced pianist Lang Lang as its Friend of the Brand, marking a new partnership. Feng Qingfeng, Chief Executive Officer of Lotus Tech, commented: "True luxury is born from an uncompromising pursuit of excellence. Lang Lang's lifelong dedication to his art reflects our passion for engineering cars that deliver the purest driving experience. We are proud to welcome him as Friend of the Brand and to share this journey together."

Lotus Technology has "expressed significant attention and a warm welcome" to the new tariff policy announced by the Canadian government. Prime Minister Mark Carney announced that Canada will allow an initial annual cap of 49,000 Chinese electric vehicles into the Canadian market under a preferential tariff rate of 6.1%. Qingfeng Feng, Chief Executive Officer of Lotus Tech, commented: "Canada has always been a strategically vital market within Lotus' global footprint, where auto consumers possess a high appreciation for performance and driving pleasure. We extend our warm welcome to the new, optimized tariff policy, which creates a more open and fair market environment for international auto brands. Building upon our prior groundwork in the North American market, we will seize this opportunity to enhance investment in Canada to explore any potential tactical advantages and strengthen our footprint in the North American market. We are committed to pursuing growth in a disciplined manner that aligns with market development and creates sustainable value."