Lotus cars will be assembled in China

Lotus cars will be assembled in China

January 18, 2019 0 By autotimesnews

Geely intends to set up production of future Lotus models at the new plant in Wuhan (the capital of the Chinese province of Hubei). The volume of investment in the company will be 1.3 billion dollars

Lotus has been owned by Geely since the spring of 2017, and since then, the plans of the new owner for the development of the British brand are only growing, although specific results, that is, new models, will have to wait a little longer. Lotus changed its head last summer: Feng Qingfeng, Geely vice president, replaced Jean-Marc Galya, after which the British media learned about the Chinese intention to spend about $ 2 billion on upgrading the Hetoele historic factory and building an additional assembly site in the west of England and a modern engineering and design center in Coventry. All this is needed in order to turn Lotus into a full-fledged competitor to Ferrari and Porsche, which is impossible without expanding the model range and increasing production volumes: in 2018, Lotus only shipped 1,630 cars to its customers. The greatest hopes are associated with the first Lotus crossover, which should see the light in 2020 and become the best-selling global brand model. In December, we was also told about the project of an electric hypercar codenamed Omega, the premiere of which should take place already this year, and the launch into production next year.

And this week it became known that Geely received approval from the Chinese government to build a new plant in Wuhan with a capacity of 150 thousand cars per year. It will be an ultramodern enterprise focused on the production of premium models with various types of power plants (electric, hybrid and traditional, with internal combustion engines), including Lotus. Also, the media reports that Geely is looking for at least 20 new employees to develop the “Lotus Project” in China.

Which Lotus cars will carry the “Made in China” stamp is not reported, since we are talking about models that have not yet been presented, but, most likely, the Chinese registration will receive a crossover, while traditional sports cars will probably still be collected at the historic homeland.