Lotus Eletre PHEV Set to Debut in China and Europe
Lotus, the British sports car maker now owned by Geely, is set to make a significant move into the plug-in hybrid (PHEV) market. The company’s CEO, Qingfeng Feng, announced that the Lotus Eletre PHEV will debut in China in January 2026 and launch in Europe later that year.Key TakeawaysThe Lotus Eletre PHEV will be introduced in China in early 2026, followed by a European release in the second half of the same year.This model is expected to help Lotus recover from its recent sales dip, which saw deliveries drop by 40% this year.The Eletre PHEV will be an SUV with advanced features like a 900V high-voltage system and a mixed range of around 1,100 km.Lotus is making a strategic shift towards plug-in hybrid vehicles (PHEVs) to boost sales after experiencing significant declines this year. The ...