Lotus Technology (LOT) 16th Annual LD Micro Invitational Conference summary

Company heritage and evolution

• 78-year legacy rooted in UK sports and racing cars, with significant Formula One achievements and classic models still celebrated.

• Transitioned from traditional ICE vehicles to new energy vehicles, including BEVs and PHEVs, since Geely's acquisition in 2017.

• Maintains core values of lightweight design, aerodynamics, and engineering excellence across all models.

• Expanded into luxury lifestyle EVs, positioning above mainstream luxury brands and alongside Aston Martin and Porsche.

• Operates two entities: Lotus UK (sports cars, R&D) and Lotus Technology (lifestyle cars, global sales), with a planned merger to unify operations by year-end.

Product portfolio and technology

• Delivered 6,500 cars globally last year, with 70% lifestyle (new energy) and 30% sports cars, and operates 200 stores worldwide.

• Offers a full powertrain portfolio: ICE, BEV, and PHEV, with five models on sale and one in the pipeline.

• Introduced advanced architectures (800V and 900V) and X-Hybrid plug-in technology, enabling rapid charging and high performance.

• New hybrid SUV 'For Me' launched in China, with European rollout and deliveries planned for late this year.

• Next-generation PHEV sports car 'Vision X' to be unveiled in 2028.

Market strategy and global presence

• Strong global distribution: 67 stores in Europe, 58 in China, nearly 50 in North America, and 38 in other regions.

• Leveraged reduced tariffs in Canada to gain first-mover advantage for luxury EV imports from China.

• Benefits from Geely Group partnership for technology, supply chain, and manufacturing, while maintaining operational independence.

• Focused on reinforcing brand recognition, multi-powertrain agility, and financial discipline as part of its 2030 strategy.

• Committed to ESG principles, with recognized environmental responsibility and awards.