Lotus targeting 5700 per cent sales increase by 2028, Eletre SUV due here in 2024

The brand known for fibreglass compact sports cars is set to become a mass-producer of electric vehicles – including Chinese-built two-tonne SUVs.


<button class="navigation_glide__arrow__je__h navigation_glide__arrow–left__y3DP1 navigation_glide__arrow–inactive__H6d8_" data-glide-dir="|Previous

Lotus claims it will boost is global sales by 5700 per cent by 2028 – with electric cars and Chinese SUVs to make up the bulk of production.

Last year Lotus produced just 1710 cars globally, however says within five years that figure will climb to 100,000.

Speaking to Drive, Managing Director of Lotus Cars Matt Windle clarified the key drivers behind its ambition plans.



<button class="navigation_glide__arrow__je__h navigation_glide__arrow–left__y3DP1 navigation_glide__arrow–inactive__H6d8_" data-glide-dir="|Previous

“Globally, the 2023 Lotus Electre SUV (above) will kick things off, but it won’t arrive in Australia until 2024 however.

“We then have our four-door Panamera-fighter coming shortly after, another (medium) SUV by 2025, and then finally our dedicated and exciting sports car in 2026.”

When asked is Australia will be a key market for the upcoming Lotus Eletre SUV, Windle simply said “no”.



<button class="navigation_glide__arrow__je__h navigation_glide__arrow–left__y3DP1 navigation_glide__arrow–inactive__H6d8_" data-glide-dir="|Previous

“The energy transition is well underway in places like England, where around 60 per cent of new cars sold are hybrid or electric.”

“However, Australia is far behind in this regard.

“We see early adopters buying the product in other regions first, and Australia picking up later.”



After more than a decade working in the product planning and marketing departments of brands like Kia, Subaru and Peugeot, Justin Narayan returned to being a motoring writer – the very first job he held in the industry.

Read more about Justin Narayan LinkIcon

Posted by WordPress Guru