Lotus to Launch First Plug-in Hybrid in 2026
British carmaker Lotus, part of the Geely Group, is set to introduce its first plug-in hybrid (PHEV) vehicle in early 2026. This marks a significant shift from their initial plan to become an all-electric brand by 2028.Key TakeawaysThe first Lotus PHEV will debut on the Chinese market in Q1 2026, followed by a European launch later that year.The model is likely to be an SUV variant of the Eletre, with potential for other Geely models as well.Lotus CEO Qingfeng Feng confirmed during a conference call that the PHEV will feature a 900-volt system and aim for a combined range of 1,100 kilometers in China's CLTC cycle.The news comes as Lotus revises its strategy to gradually phase out internal combustion engines (ICE) vehicles. CEO Qingfeng Feng revealed during the company’s financial results c...