Lotus abandons plans to go all electric by 2028

Motor Torque with David Berthon

British sports car manufacturer Lotus has abandoned plans to go fully electric by
2028. Now deciding to develop super hybrids or range extenders – blending high
performance with a fuel range of 1100 km or more. Lotus now owned by Chinese
company Geely says its step back from an all-electric future has been dictated by
slowing high-end EV sales. Despite switching to hybrids, the company says it will
not compromise on technology and instill its super hybrids with a 900-volt
electrical architecture, turbocharged engines, and a large battery pack. Lotus
sold 7543 vehicles in the first nine months of this year, its first electric car the
Eletre SUV, the first Lotus to be manufactured in China selling well, however the
company still managed to lose a hefty $770 million dollars in the first half. I’m
David Berthon

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