It all comes down to tariffs as Lotus must double the price of its Eletre SUV. The all-electric ute is made in China and there is a 100% tariff on all Chinese-made vehicles. The Eletre Carbon model, ...
Chinese takeout staple Lotus Chinese Kitchen is closing its longtime perch in Wilton Manors and getting ready to blossom in nearby Fort Lauderdale. The neighborhood kitchen, a reliable hub for ...
Lotus, the British sports car maker, has a new owner from China. Chinese manufacturer Geely, the parent company of Sweden’s Volvo, agreed on Wednesday to buy a controlling 51% stake in Lotus. The ...
Lotus will lay off up to two fifths of workers at its British factory as the carmaker’s Chinese owner grapples with mounting losses and the impact of US trade tariffs. On Thursday, the manufacturer, ...
Lotus has seen its ups and downs in the past few years. Not only did the motorsport division gave up the ghost after four seasons, but the automotive part of the business keeps churning out revisions ...
This year, it was on the brink of a massive £500million expansion when a new and bigger set of Malaysian owners – the industrial conglomerate DRB-Hicom – took it over. This business, however, is said ...
You might think of Lotus as a quintessentially British marque, but the U.K. brand that is now owned by Geely is looking to China for production space according to Reuters. Geely’s new factory in Wuhan ...
The lotus flower is very popular subject in Chinese culture. The lotus is of unique importance in Chinese folklore and symbolism. It is the symbol of mental purity; the lotus rises out of the muddy ...
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