Lotus scales back EV plans, targets 2028 supercar launch - Reuters
Lotus scales back EV plans, targets 2028 supercar launch Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
All Coverage
<a href="https://news.google.com/rss/articles/CBMipgFBVV95cUxOWnpFNnFGRGFYM0tRSHUtTXl5S3ZrV0tUOWp6R3FRb09QZmhoRllDNmVKc3FyUThDMkV1dVFhWXd2eGtFdnVPM05nTlhCS0RYbjcxNEF0UzdqWHlKRFlNU0R2Z1VoU1VfTXlzeXhReVRoOTh3ekQwSzFLU1U1TzlLdzVwNjFCTnpLY0FlbEZDSHFqb1RpaGxILV9DVkJjRzh2YTJMb1Nn?oc=5" target="_blank">Lotus scales back EV plans, targets 2028 supercar launch</a> <font color="#6f6f6f">Reuters</font>
Lotus announces a shift from a fully electric lineup to a hybrid-led strategy, aiming to launch its first supercar, the Type 135, in 2028, with a portfolio split of 60% hybrid and 40% battery electric vehicles under the 'Focus 2030' plan.
Lotus is resurrecting the iconic Esprit nameplate for a V8 hybrid supercar as part of a major strategic pivot toward electrified combustion power, with the new Esprit set to be built in Europe and go on sale in 2028.
Lotus confirms its new electrified X-hybrid powertrain will debut in the 939bhp Lotus Eletre X, with the hybrid Eletre set to debut in China at the end of March, before arriving in Europe this summer and the UK in 2027.
Similar Stories
Related coverage based on topic and tags
Chinese EV startup Xpeng in talks with Volkswagen to buy European factory, FT reports - Reuters
Chinese EV startup Xpeng in talks with Volkswagen to buy European factory, FT reports Reuters
May 13, 2026 at 08:47 PMJLR parent Tata Motors flags margin pressure from rising commodity costs - Reuters
JLR parent Tata Motors flags margin pressure from rising commodity costs Reuters
May 14, 2026 at 03:17 PMIndia's Tata Motors warns of costs from Iran war after profit surge - Reuters
India's Tata Motors warns of costs from Iran war after profit surge Reuters
May 13, 2026 at 03:22 PMAustralian judge criticises Tesla for 'gobsmacking' slow progress in class action lawsuit - Reuters
Australian judge criticises Tesla for 'gobsmacking' slow progress in class action lawsuit Reuters
May 15, 2026 at 03:24 AMHonda makes its first annual loss in 70 years
The firm will now pivot away from scrapping its target for all of its vehicles to be electric by 2040.
May 14, 2026 at 01:25 PMStellantis and Dongfeng in $1.2 billion deal to make Jeeps, Peugeots in China - Reuters
Stellantis and Dongfeng in $1.2 billion deal to make Jeeps, Peugeots in China Reuters
May 15, 2026 at 03:20 PM