Geely plans factory in China to produce Lotus’ sports crossover

Geely plans factory in China to produce Lotus’ sports crossover

MANILA: The new Chinese parent company of Lotus, Geely plans to start a factory in Wuhan City for the British sports car manufacturer. According to Reuters, the factory will cost $1.3 billion (roughly Php 68.7 billion), and this will be the first step taken by the company after purchasing a 51 percent stake in October 2017.

lotus car

This move will enhance Geely’s plan to build more upmarket vehicles and also help to throw-off its lousy reputation for inferior quality and copied designs. On the other hand, for Lotus, this plan means new models and higher production volume to boost the sales. However, this does not mean that all Lotus cars will now be manufactured in China. Both the partner company have confirmed that Hethel plant in Norfolk will remain as the leading production home of the maximum Lotus car, as the present scenario.

The upcoming Wuhan plant can produce up to 150,000 vehicles annually. However, it is not revealed what kind of car the British automaker will build in the new plant. But as per the website of the Wuhan Development Zone (where the new plant will be based), the production would include “Geely’s Lotus project”. It hints that it could be their new crossover. Also, the job-related advertisement on Geely’s website confirms the information regarding Lotus project.

Geely to produce Lotus car

Besides the luxury sports crossover, the new China-based plant will be used to make all-electric cars and electric and hybrid powertrains. However, the website did not confirm when the plant would start its operations.

The new plant would surely back up greater production volume to grow the market for Lotus. In 2018, Geely has sold only 1,630 Lotus cars globally. But as per the previous leaks, Lotus has plans for making luxury SUVs instead of sports cars at the Wuhan-based plant’s initial stage.

Sell your car at the best price

Verified and genuine buyers Verified and genuine buyers
Free listing Free listing
List your car

Lotus Car Models

  • Lotus Evora
    Lotus Evora
  • Lotus Exige
    Lotus Exige
  • Lotus Elise
    Lotus Elise
Lotus Cars Price

MIAS 2024

You might also be interested in

Latest Lotus Car Videos on Zigwheels

Zigwheels
  • Lotus Exige S Club Racer
    Lotus Exige S Club Racer
    09 Sep, 2015 .
  • Lotus Exige Club Racer
    Lotus Exige Club Racer
    09 Sep, 2015 .
  • 2016 Lotus Evora 400 - Exterior and Interior Walkaround - 2015 Geneva Motor Show
    2016 Lotus Evora 400 - Exterior and Interior Walkaround - 2015 Geneva Motor Show
    09 Sep, 2015 .
  • Review - Lotus Elise Car
    Review - Lotus Elise Car
    25 Aug, 2015 .
  • Lotus Evora 400: Time To Re-Think That Porsche? - XCAR
    Lotus Evora 400: Time To Re-Think That Porsche? - XCAR
    25 Aug, 2015 .
  • Lotus Elise Car Review
    Lotus Elise Car Review
    25 Aug, 2015 .
  • Lotus Elise - The Common Man's Review
    Lotus Elise - The Common Man's Review
    25 Aug, 2015 .
  • Redline Review: 2014 Lotus Evora S
    Redline Review: 2014 Lotus Evora S
    25 Aug, 2015 .
  • Lotus Elise Review - Everyday Driver
    Lotus Elise Review - Everyday Driver
    25 Aug, 2015 .
Latest Lotus Car Videos

Lotus Car Articles From Carmudi

  • journal
  • Lotus Emira GT4 victorious in Macau GP
    Lotus Emira GT4 victorious in Macau GP
    Paulo Papa, Nov 20, 2023
  • Lotus unboxes Type 136
    Lotus unboxes Type 136
    Paulo Papa, Nov 06, 2023
  • 11th PH EV Summit: Lotus introduces Eletre hyper SUV in NEV market
    11th PH EV Summit: Lotus introduces Eletre hyper SUV in NEV market
    Ruben Manahan IV, Oct 19, 2023
  • Lotus Eletre to hit PH market
    Lotus Eletre to hit PH market
    Ruben Manahan IV, Oct 17, 2023
  • Lotus reveals ultra-rare Type 66 track car
    Lotus reveals ultra-rare Type 66 track car
    Ruben Manahan IV, Aug 24, 2023

Compare

You can add 3 variants maximum*