LOT News & Events

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."

ECARX (ECX) announced that it entered into a share subscription agreement on December 23, 2025, with Lotus Technology (LOT), to strategically invest US$23 million through a private placement. Pursuant to the Subscription Agreement, ECARX will subscribe for a total of 16,788,321 newly issued ordinary shares of Lotus Tech at a price of US$1.37 per ordinary share, subject to customary closing conditions. The investment is expected to close within 30 days following the execution of the Subscription Agreement. The ordinary shares to be issued in this private placement will be subject to a six-month lock-up period, with certain customary exceptions.

Lotus Technology (LOT) entered into a share subscription agreement with ECARX Holdings (ECX). ECARX has agreed to subscribe for and purchase from the Company, through a private placement, a total of 16,788,321 newly issued ordinary shares of the Company at a price of $1.37 per ordinary share, for a total purchase price of $23M. The private placement is subject to customary closing conditions and is expected to close within 30 days following the execution of the Subscription Agreement. The ordinary shares to be purchased by ECARX in this private placement will be subject to a six-month lock-up period with certain customary exceptions. The strategic investment is designed to significantly broaden the collaborative framework between the two companies, deepening the existing relationship into a more integrated, strategic global partnership.