Lotus Launches Its First Plug-In Hybrid, Marking a New Chapter in Its Sports Car Heritage

Written by Emily J. Thompson, Senior Investment Analyst

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Source: SeekingAlpha

Updated: Dec 12 2025

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Source: SeekingAlpha

Lotus Technology's New PHEV Launch: Lotus Technology has introduced its first plug-in hybrid version of the Eletre SUV, part of a "Super Hybrid" strategy to enhance sales and appeal in markets like China and Europe.
Performance and Range: The new PHEV combines a 2.0-liter turbocharged gasoline engine with an electric system, achieving up to 952 hp, a 0–60 mph time of around 3 seconds, and a total range exceeding 600 miles.
Strategic Shift: This model represents a shift from Lotus' initial plan to become an all-electric brand by 2028, responding to lower-than-expected demand for EVs and the need for more versatile electrified options.
Historical Context: Founded in 1952, Lotus has transitioned through various ownerships, including General Motors and Geely, while achieving notable success in both Formula 1 and road car production.

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About LOT

Lotus Technology Inc is a company mainly engaged in the design, development, manufacturing and sales of luxury electric vehicles. The Company is mainly engaged in providing luxury lifestyle battery electric vehicles, focusing on electrification, digitalization, intelligence and other automotive technologies. The Company designs, develops and sells luxury lifestyle cars (non-sports cars for everyday use) under the iconic British brand Lotus. The Company operates in China, the UK and the EU market.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.