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Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers enterprise applications and infrastructure technologies through cloud and on-premise deployment models including cloud services and license support offerings. The Hardware segment provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management, and other hardware-related software. The Services segment offers consulting, advanced support, and education services. The company was founded by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates on June 16, 1977 and is headquartered in Austin, TX.

Oracle Corp.

Oracle is facing significant market volatility as investors weigh strong earnings and massive cloud backlog growth against concerns regarding an aggressive forty billion dollar debt and equity financing plan for AI infrastructure. The community remains deeply divided, with bulls highlighting the record revenue and backlog as signs of a dominant AI gateway, while bears fixate on potential dilution and the intense capital expenditure cycle.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+, and TMTG News. It operates through the Media and Truth.Fi segments. The Media segment includes products and services such as advertisement through the Truth Social platform. The Truth.Fi segment relates to customized exchange-traded funds or exchange-traded products invested in America First principles, and bitcoin and similar cryptocurrencies or crypto-related securities. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

Trump Media & Technology Group is trending as investors and the online community debate the company's financial stability amid rising inflation data and continued geopolitical tensions involving Iran. Discourse remains highly polarized, with users clashing over the firm's strategic shifts, including the decision to scrap a planned media spin-off, while critics and supporters argue over the broader economic impact of current administration policies.

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FuboTV, Inc. is a consumer-first live TV streaming company with the mission of delivering premium sports, news and entertainment programming that offers greater choice, flexibility and value. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.

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Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. It operates through the Automotive and Energy Generation and Storage segments. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of solar energy generation, energy storage products, and related services and sales of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.

Tesla Inc

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Archer Aviation, Inc. engages in the development of electric vertical take-off and landing (eVTOL) aircraft. The company was founded by Brett Adcock and Adam Goldstein on October 16, 2018, and is headquartered in San Jose, CA.

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Archer Aviation Inc

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DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

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QXO, Inc. is a publicly traded distributor of roofing, waterproofing and complementary building products in the United States. It plans to become tech-enabled in the building products distribution industry and generate outsized value for shareholders. The company was founded on October 3, 2002, and is headquartered in Greenwich, CT.

QXO Inc.

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Lotus opens orders for Eletre X in mainland Europe

Eletre X is built for drivers who refuse to compromise - delivering ultimate performance, 1,200+ km of range, and 9-minute charging in a practical hybrid SUV.1
Available to order today, starting from €96,990.
  
Supercar levels of performance in a practical SUV with a 900V architecture and up to 952 PS and 935 Nm of torque.
No more range anxiety with EV-only range of up to 350 km; comprehensive range exceeding 1200 km (WLTP), without refuelling or charging.
Ultra-fast charging with 70 kWh battery charging from 20–80% in just 9 minutes with 350 kW DC charger, making it one of the fastest charging electrified vehicles to come to market.
Consistent performance in all driving conditions with 0-100 km/h in 3.3 seconds, and 0-100km/h acceleration in 3.5 seconds, even at 10% state of charge.
Engineered with Lotus DNA and up to 120kg lighter than its fully electric counterpart, Eletre 900.
X-Hybrid is the first of its kind of technology to come to market in Europe. Deliveries expected to commence in Q4 2026.
  
NEW YORK, June  02, 2026  (GLOBE NEWSWIRE) -- Lotus Technology Inc. (Nasdaq: LOT) (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, today introduced Eletre X (known as For Me in China), the first vehicle built on the brand’s proprietary X-Hybrid architecture. The car is available to order now in mainland Europe2, starting from €96,990, and customer deliveries are expected from Q4 2026.
  
Eletre X joins the Eletre range in delivering everything customers expect from a Lotus - dynamic, refined performance and deeply engaging driving - without asking them to compromise on range, practicality or long-distance capability.
  
X-Hybrid is Lotus’ new proprietary technology, blending battery electric vehicle (BEV) performance with internal combustion engine (ICE) support to deliver long-range flexibility and practicality; alongside sustained high performance and Lotus' trademark driver engagement. It plays a key role in Lotus’ Focus 2030 strategy, as part of its multi-power train approach built around the customer.
  
Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech, said, “Eletre X is proof of how cutting-edge technology can serve the driver, a value which is at the heart of the Lotus brand. We feel that we have created something which not only pushes the boundaries of what is possible from a technical standpoint but, in doing so, enriches their emotional and practical driving experience.”
  
X-Hybrid – a new architecture. Electric first performance, with extended range capabilities
X-Hybrid is a technology like no other. At its core is a 11C high-discharge battery system supported with a 150kW onboard generator. Eletre X’s onboard generator, powered by a 2.0 litre Turbo engine, continuously replenishes available energy during driving. This delivers uninterrupted performance across extended journeys and demanding operating conditions, unlike most hybrid systems that rely on energy recovery alone.
  
The engine operates primarily as part of an intelligent onboard power generation system, replenishing available energy during longer journeys and sustained high-load driving.
  
That same system intelligently adapts energy deployment depending on speed, battery state of charge and driver demand, operating across multiple drive scenarios, balancing pure EV driving, onboard power generation and hybrid assistance to optimise performance, efficiency and real-world usability.
  
All of this, combined with a 900V architecture and a 52-litre fuel tank, results in a target combined WLTP range of more than 1,200 km and up to 350 km on electric power alone – delivering consistent performance, efficiency and long-term reliability. This means drivers never need to touch the engine for most daily driving, or rethink longer journeys around charging infrastructure.
  
Eletre X is one of the fastest charging electrified vehicles to come to market and supports 20–80% charging in approximately 9 minutes on a 350 kW DC charger – the time it takes to grab a coffee.
  
Uninterrupted performance, no matter the environment 
Eletre X is designed to deliver supercar performance, whilst ensuring the safety, efficiency and practicality of an SUV with:
  
952 PS and 935 Nm through dual permanent magnet motors – ensuring the car responds instantly, and feeling feels smooth and effortless.
Covers 0–100 km/h in 3.3 seconds, and 80–160 km/h in 3.88 seconds – delivering reliable performance in everyday driving conditions.
  
As part of Lotus’ relentless pursuit of performance, Eletre X is designed to deliver repeatable, dependable capability across real world conditions. Even at approximately 20% battery charge, around 550-kW of output remains available. From Nordic-winter readiness to Alpine descents, or a sustained Autobahn cruise, the battery management system ensures immediate readiness.
  
A true Lotus chassis, engineered for precision and control
With nearly 80 years of performance engineering to draw on, Eletre X applies the Lotus DNA throughout its chassis and aerodynamic systems, developed to deliver the world-class dynamics, handling and driver feel that customers expect from Lotus.
  
The vehicle’s body structure uses Lotus’ porosity philosophy — intelligently directing airflow through as well as around the vehicle to balance cooling, stability and drag. Active aerodynamic systems help to amplify efficiency with the active grille shutter and improve stability with an active rear spoiler capable of generating up to 120kg of downforce under braking.
  
Eletre X combines its new powertrain architecture with a series of advanced chassis technologies developed to preserve precision, composure and body control, despite full-size SUV proportions. This includes:
  
48V active anti-roll control, delivering up to 1,400 Nm of roll-stabilising torque
Dual-chamber air suspension
Dual-valve adaptive dampers capable of responding in as little as 2 milliseconds to changing road and load conditions
Front double-wishbone suspension
Active torque management systems
Custom-developed Pirelli P Zero 5 LTS tyres for wet adhesion and sustained high-speed stability
Brembo six-piston brakes support strong stopping performance and thermal recovery during repeated high-load use.

  
All of this has been done to ensure Eletre X responds and handles like a Lotus – it is designed to feel much smaller and lighter than consumers would expect from a traditional SUV.
  
Lotus' commitment to obsessive engineering and lightweight principles has also cancelled out the weight of its new technologies through savings across the body frame, electric drive system and battery base plate, leaving Eletre X H550 up to 120kg lighter than the Eletre 900.
  
Refined inside and out for the ultimate driving experience
Every touchpoint inside the cabin has been designed to simplify and enhance how the car should feel and perform. Slim digital displays and a driver-focused Lotus Hyper OS infotainment system. Analogue controls for primary functions keep the driver physically connected to the car. A head-up display to ensure attention stays where it belongs.
  
Additional features unique to Lotus include:
  
A 23-speaker KEF audio system which uses Uni-Q technology, positioning high-frequency and mid-range drivers on the same acoustic axis – making every journey feel extraordinary and envelops the driver in it.
Thirty perception sensors and NVIDIA Thor computing architecture work quietly in the background, building confidence on every journey without ever intruding on the experience.
Interior materials include carbon fibre, Alcantara and Wyron Truecycled - a pioneering upcycled textile, introduced as part of Lotus’ commitment to sustainability without compromise on quality or character.

  
Pricing3 and availability
Eletre X is competitively priced in the super SUV segment, and will be available in two variants:
  
Eletre X H550, the entry point, starting at €96,990
Eletre X H1000, the flagship, starting at €119,990
  
Available to order now in mainland Europe, with customer deliveries expected to commence from Q4 2026.
  
UK customer deliveries are expected to commence in summer 2027 and is subject to right hand drive homologation.
  
Note 1: All specifications outlined in this press release is the target data and not final. It may vary – subject to European homologation. Some model features, optional extras and colours shown may not be available, or may only be available in a certain specification. The specified fuel consumption and emission data are determined based on the measurement procedures prescribed by law.
  
Note 2: Lotus’ key markets in mainland Europe include Germany, Belgium, Netherlands, Spain, Italy, France, Austria, Luxembourg, Norway, Sweden. 
  
Note 3: All pricing is dependent on chosen model and excludes options, specifications, taxes and delivery charges and Lotus reserves the right to revise its prices in the future due to, but not limited to, availability of materials, delivery costs, inflation and changes in (local) taxes.
  
About Lotus Technology Inc. 
Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalization and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
  
Forward-Looking Statements
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Technology Inc. undertakes no obligation to update any forward-looking statement, except as required under applicable law.
  
Contact Information
For investor inquiries
ir@group-lotus.com

Emira 420 Sport: the lightest and most powerful Emira yet

A pure expression of the Lotus DNA, with every advancement made in the pursuit of performance: carbon fibre, titanium exhaust, lithium-ion battery, two-way adjustable Multimatic dampers and high-performance tyres.
25kg lighter and 25kg more downforce than the Emira Turbo, with the Lightweight Handling Pack, and delivering 420PS, 500Nm and 0–62mph in 3.9 seconds.
Removable roof panel introduced for the first time on the Emira, available across the full range.
Emira 420 Sport is available for order now, with customer deliveries expected from August 2026.
  
NEW YORK, May  26, 2026  (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that Lotus introduces the Emira 420 Sport - the most powerful, lightest and most aerodynamically capable Emira ever built.
  
The Emira 420 Sport sits at the apex of the Emira line-up and has been designed specifically to deliver even more performance both on road, and on track. It reinforces Lotus commitment to preserving its DNA by delivering greater agility, response and driver engagement.
  
Emira 420 Sport produces 420PS from a 2.0-litre turbocharged four-cylinder engine, accelerates from 0–62mph in 3.9 seconds and reaches a top speed of 186mph.
  
With the optional Lightweight Handling Pack, the Emira 420 Sport is 25kg lighter than the Emira Turbo and generates 25kg of additional downforce. A series of aerodynamic revisions improve cooling and track performance without increasing drag.
  
Lotus is also introducing a removable tinted glass roof panel for the Emira, available now across the full model range.
  
Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech, said, “Emira 420 Sport is proof of our commitment to Focus 2030, and we’re listening to our customers. This is what obsessive engineering looks like. We've built on everything Emira has achieved to date to deliver a car that is even more connected, more intuitive, and more rewarding to drive. It is a car for the drivers.”
  
More performance, reduced weight 
The 2.0-litre turbocharged engine produces 420PS and 500Nm of torque, paired with an eight-speed dual-clutch transmission for faster acceleration and more immediate in-gear response.
  
The Lightweight Handling Pack delivers improved agility and responsiveness, and includes two-way adjustable Multimatic dampers, a titanium exhaust, a lithium-ion battery, carbon fibre components and a dedicated Lotus Track Performance app to measure and record your lap times.
  
Upgraded aerodynamic and cooling 
Exterior updates include a new front splitter, revised front vents, extended side sills, larger air intakes, a lip spoiler and a louvred tailgate. These changes result in airflow to the outboard radiators increasing by 15%, to the central radiator by 14%, and brake cooling improving by 10%, as well as exhaust valve airflow increasing by 30%. With these upgrades, drivers are able to experience more consistent performance in demanding conditions, particularly on track.
  
The updates also subtly reference Lotus’ design heritage, echoing cues seen on cars such as the Esprit Turbo.
  
Chassis and driver focus engagement  
The Emira 420 Sport builds on Lotus’ reputation for steering precision and chassis balance. A 5mm lower ride height, combined with revised suspension settings and high-performance tyres, enhances control and feedback.
  
The bonded aluminium chassis and double wishbone suspension deliver the blend of ride comfort and handling precision that defines the Emira, while electro-hydraulic power steering provides detailed feedback to the driver.
  
Inside, the cabin is designed to support both road and track driving, with 12-way adjustable seats, a driver-focused layout and intuitive controls. New carbon fibre gearshift paddles combine with updated haptics for added responsiveness and engagement.
  
Gavin Kershaw, Director of Attributes of Lotus, said, “Emira is globally renowned for its ride and handling – it has been tuned to absorb, settle and communicate, working in harmony with a steering system that remains pure. With the 420 Sport, we've taken that foundation and pushed it further. Adjustable dampers, increased downforce, sharper responses, reduced roll - every detail obsessively engineered to put the driver more in control.”
  
Enhanced personalisation 
The Emira 420 Sport is now available with an optional exterior carbon fibre pack. This includes the front splitter, side sills, wheel arch vents, side pods, rear spoiler and diffuser surround.
  
Drivers now have a choice of nine-wheel designs and finishes including a new 20-inch 15-spoke forged alloy wheels finished in satin dark grey.
  
The colour palette is vibrant and extensive, with 16 choices to select from. Unique to the Emira 420 Sport is Tangelo Orange, a vivid and expressive colour that continues a long tradition of Lotus Orange paints.
  
Two new optional packs for the Emira 420 Sport cabin are available:
  
The Carbon Fibre Pack changes the driver display surround with unique geometry; the centre spoke on the steering wheel and the logo surround in the seat back.
A Hand Painted Pack uses the Tangelo Orange launch colour to add highlights throughout the cabin, including the centre console, steering wheel spoke, gear lever inner and air vent surrounds.
  
Exhilarating open-air driving from Lotus  
A removable tinted glass roof panel is available for the first time on the Emira. Inspired by the Esprit, the panel is designed for quick removal and stores behind the seats in a protective bag, allowing drivers to switch easily between coupé and open-top configurations. Lotus’ underlying architecture ensures dynamic performance remains unchanged.
  
The feature is now available across all Emira variants.
  
Pricing and availability  
Emira 420 Sport is available to order now, with customer deliveries expected from August 2026.
 
CountryMRSPS starting price*
Europe€129,900
United Kingdom£105,900
United States$122,900
 
*Dependent on chosen model and excludes options, specifications, taxes, delivery charges and Lotus reserves the right to revise its prices in the future due to, but not limited to, availability of materials, delivery costs, inflation and changes in (local) taxes.
  
About Lotus Technology Inc.  
Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalization and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
  
Forward-Looking Statements 
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Technology Inc. undertakes no obligation to update any forward-looking statement, except as required under applicable law.
  
Contact Information 
For investor inquiries 
ir@group-lotus.com

Lotus Unveils Focus 2030 – Reinforcing Brand DNA with an All-New Hybrid-V8 Supercar

Focus 2030 targets market competitiveness and sustainable business operations through brand reinforcement and unification, close partner collaboration, financial discipline, and multi-powertrain strategy.
New proprietary X-Hybrid performance technology will be the first of its kind to come to market in Europe in Q4 2026, with more than 1,000 orders in China in the first month for Eletre X - showing early momentum.
Type 135 confirmed as an all-new hybrid-V8 supercar coming to market in 2028, reaffirming Lotus’ performance DNA.
  
NEW YORK, May  11, 2026  (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced Focus 2030 for Lotus, an evolved business strategy designed to underpin its competitiveness and transformation into a more flexible and sustainable business model ensuring market resilience amid external headwinds.
  
Built on four core pillars, including brand reinforcement, a multi-powertrain strategy, close partner collaboration, and financial discipline, the strategy marks a significant reset for the brand.
  
Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech, said, “Lotus was born from the rebellious spirit of Colin Chapman, and that is not lost today. Focus 2030 will reset both the brand and the business, keeping us true to our DNA. We are obsessed with engineering, performance and building drivers' cars, and that is what will grow this business.”
  
Protecting What Makes Lotus, Lotus 
Focus 2030 puts the Lotus DNA at the heart of every decision. Regardless of product or powertrain, every Lotus has been, and will be, developed against the same set of guiding principles: lightweight design, aerodynamics, obsessive engineering, and driver engagement.
  
Lotus has been instrumental in shaping automotive culture for 78 years - redefining the limits of performance in racing and building the most engaging road cars in the world. This continues under Focus 2030, with design and engineering rooted in the UK, home of the brand’s identity and motorsport expertise, and R&D in China to deliver rapid scale to market.
  
Multi-Powertrain Strategy, Built Around the Customer  
As regulatory and consumer landscapes continue to evolve globally at different speeds, Lotus will pursue an agile approach across ICE (internal combustion engine), PHEV (hybrid electric vehicle), and BEV (battery electric vehicle), targeting an approximately 60:40 mix between PHEV and BEV volume mix over its electrified portfolio in the interim, and a customer-led transition to full electrification.
  
Hybrid technology will play a central role, serving specific customer needs. First to come is X-Hybrid, a unique blend of ICE and BEV performance expertise that delivers long-range, flexibility, and practicality alongside sustained high performance and Lotus’ trademark driver engagement.
  
Lotus’ proprietary X-Hybrid technology was first launched on Eletre, as Eletre X (known as “For Me” in China). Customer deliveries have started in China, and early vehicle reception has been positive, with more than 1,000 orders placed in the first month alone. Customer deliveries in Europe are expected to begin in Q4 2026, making it the first of its kind to come to market.
  
Reaffirming the brand’s performance DNA, the next development of Lotus’ proprietary hybrid technology will be the unveiling of its first-ever supercar, Type 135 (also known as “Vision X”), planned for delivery in 2028. This will be an all-new car, featuring a V8 hybrid powertrain, with over 1000PS. It is expected to be manufactured in Europe, with further details to be announced later this year.
  
Emira continuity is confirmed, reflecting both Lotus’ commitment to manufacturing in the UK and sustained consumer demand for its combustion-engine sportscars. The company will reveal an update in the coming weeks, designed to be the most powerful and lightest Emira ever built.
  
Lotus’ BEV portfolio, Eletre (SUV), Emeya (GT), and Evija (Hypercar), remains a core pillar of the business, having brought new customers to the marque and broadened its commercial foundation. Lotus was an early adopter of 800V architecture through its electric SUV and GT offerings and remains committed to continued BEV innovation.
  
Built to Compete Globally  
Lotus’ close collaboration with its major shareholder, Geely Holding Group, is central to Focus 2030. The two businesses are working together on technology development, supply-chain competitiveness, and manufacturing efficiencies to increase go-to-market speed, global scale, and margin resilience.
  
The partnership gives Lotus access to world-class electrification capabilities and resources, while Lotus contributes its globally recognized performance engineering expertise and brand equity to Geely Holding Group’s portfolio.
  
Underpinning this is the planned integration of Lotus UK and Lotus Tech into a single entity, which is expected to unify the brand, streamline governance, reduce costs, and accelerate engineering integration for next-generation performance vehicles.
  
Daniel Li, Chairman of the Board of Directors at Lotus Tech, and Executive Vice Chairman of Geely Holding Group, said, “Geely has believed in Lotus from the beginning, and that belief has not wavered. We are committed to giving Lotus the resources it deserves to compete at the highest level. What Lotus brings is irreplaceable, and Focus 2030 is proof that we take that responsibility seriously. We are excited for the next chapter in the brand's story."
  
Restoring Financial Discipline  
Focus 2030 sets a clear commercial direction for the business, with a focus on targeted volumes, stronger margins, and greater emphasis on personalization. Lotus is guiding towards a steady ramp-up to 30,000 sales units annually as its full model line-up stabilizes, enabling the business to reach sustained profitability.
  
Over the last year, Lotus has made significant improvements across its entities to increase operational efficiency. Lotus Tech has also increased cost optimization and operational efficiency, as demonstrated by its improved margins in its full-year 2025 results.
  
The Company has targeted a clear and diverse strategy across its core markets:
  
China - the primary volume growth engine, leveraging strong demand for premium new energy vehicles (NEV).
Europe - building on racing heritage and British engineering brand equity across a diverse powertrain portfolio.
North America - strategy anchored in sports cars, with a new SUV market opportunity in Canada.
APAC and Middle East - foundations have been developed, and the brand is now active in 25 markets across the region, providing opportunities to reach new customers with its entire product portfolio.
  
About Lotus Technology Inc.  
Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalization and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
  
Forward-Looking Statements 
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Technology Inc. undertakes no obligation to update any forward-looking statement, except as required under applicable law.
  
Contact Information 
For investor inquiries 
ir@group-lotus.com
  
For media inquiries 
rk@beforethestorm.co

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Lotus Technology (NASDAQ:LOT) used a presentation at Deutsche Bank's 30th depositary receipts virtual investor conference to outline its brand heritage, product strategy, global retail footprint, and steps management says are improving profitability metrics.

Daxue Wang, chief financial officer of L...

Lotus Tech Expands Global Presence with Eletre Launch in Canada and Eletre X Limited Edition Debut at Auto China 2026

Eletre enters Canada, marking Lotus’ next step in North America
The Brand-New Hyper Hybrid SUV Eletre X Black & Gold Limited Edition unveiled in Beijing, celebrating heritage through electrified performance
Dual launches reinforce Lotus’ expansion into new segments with a consistent driving philosophy

  
NEW YORK, April  24, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced two product milestones across North America and China, reflecting the company’s continued expansion into new segments and markets.
  
The all-electric Eletre has been introduced in Canada, bringing Lotus into the high-performance luxury SUV segment in North America. Starting at $119,900 CAD, the model combines advanced 800V electrified architecture with Lotus’ focus on precision, control and driver engagement. The Company will continue to build its presence across key Canadian cities as it develops the market.
  
At Auto China 2026, Lotus unveiled the Eletre X (known as For Me in China) Black & Gold Limited Edition, restricted to 78 units honoring the brand’s 78th anniversary. The model draws on Lotus’ motorsport heritage while demonstrating how that legacy translates into a modern electrified context. Developed through integrated engineering teams in the UK and China, it combines Lotus’ benchmark in chassis and driving dynamics with advanced electrified architecture, delivering both precision performance and extended real-world range.
  
“We are seeing growing demand from customers who are looking for something more distinctive in this segment—products that combine performance with a clear sense of character,” said Mr. Feng Qingfeng, Chief Executive Officer of Lotus Tech. “Eletre and Eletre X reflect our confidence in that demand. They bring Lotus engineering into a new category while maintaining the qualities that define the brand—precision, control and a focused driving experience. We are executing against our long‑term roadmap to deliver sustainable growth and shareholder value.”
  
These launches support Lotus Tech’s broader development across premium electrified segments, extending the brand beyond its traditional sports car base while maintaining its core engineering identity.
  
About Lotus Technology Inc. 
Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalization and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
  
Forward-Looking Statements
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Technology Inc. undertakes no obligation to update any forward-looking statement, except as required under applicable law.
  
Contact Information
For investor inquiries
ir@group-lotus.com

Lotus Tech Delivered Keynote Address on Intelligent Mobility at Hong Kong Web3 Festival 2026

CEO delivered a keynote address on applications of AI and blockchain in intelligent mobility
Company discussed the potential role of Web3 and AI in supporting long-term innovation and shareholder value creation
  
NEW YORK, April  21, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that Mr. Qingfeng Feng, Chief Executive Officer, delivered a keynote address at Hong Kong Web3 Festival 2026, Asia’s premier crypto event, on April 21, 2026. The presentation focused on intelligent mobility use cases and explored strategic insights into how blockchain and artificial intelligence (AI) empower industrial development.
  
Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech, said: “With nearly eight decades of engineering and motorsport heritage, Lotus Tech sees intelligent mobility as a bridge between advanced technologies and everyday use. Web3 and AI are accelerating the industry’s shift toward more connected, intelligent vehicle ecosystems. We are exploring how technologies such as blockchain-enabled data security and AI-driven intelligent driving and cockpit systems can enhance user experience while supporting long-term innovation.”
  
“The convergence of AI and Web3 presents opportunities for technology-driven efficiency and innovation across industries. For Lotus Tech, the focus is on disciplined exploration—strengthening core product competitiveness while evaluating how emerging technologies can support new services over time. Our priority remains building a sustainable, long-term value framework for shareholders,” added Dr. Daxue Wang, Chief Financial Officer of Lotus Tech.
  
Hong Kong Web3 Festival is co-hosted by Wanxiang Blockchain Labs and HashKey Group. The previous three editions of this flagship crypto conference brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, and attracted a cumulative total of 100,000 attendees since its launch in 2023.
  
About Lotus Technology Inc.
  
Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalization and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
  
Forward-Looking Statements
  
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Technology Inc. undertakes no obligation to update any forward-looking statement, except as required under applicable law.
  
Contact Information 
For investor inquiries 
ir@group-lotus.com

Lotus Technology (LOT) Projected to Post Quarterly Earnings on Monday

Lotus Technology (NASDAQ:LOT) will be releasing its Q4 2025 earnings before the market opens on Monday, April 20. (View Earnings Report at...

Lotus Technology (NASDAQ:LOT) Stock Price Down 5.8%  - Should You Sell?

Lotus Technology (NASDAQ:LOT) Shares Down 5.8% - Here's What Happened...

Lotus Technology, Inc. engages in the design, development, and sale of battery for electronic vehicles through its subsidiaries. It also sells luxury sports cars under the Lotus brand. The company was founded on August 9, 2021 and is headquartered in Shanghai, China.

Current Price	$1.19
Prev Close	$1.17
Open	$1.15
Dividend Yield	0.00%
50-Day Moving Average	$1.30
Beta	0.93
Avg. Volume	193,821.26
PE Ratio	-1.65

52-Week High	$2.75
52-Week Low	$1.00
Market Capitalization	$749.59M
EPS (Annual)	-$0.7165
Price to Book	-0.57
Revenue Per Employee	$459,041.33

LOTLotus Technology Inc. - ADR

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