Lotus's Electric Dream Comes True: 1st Batch Of Hotly Anticipated Evija Hypercars To Be Delivered Later This Year
Portfolio Pulse from Anan Ashraf
Lotus Cars, a British automaker, is set to deliver its first fully electric hypercar, the Evija, later this year. The car, which was first unveiled in 2019, is the first new car launched by Lotus after partnering with Chinese automaker Geely Automobile Holdings Ltd (OTC:GELYF) in 2017. The Evija, priced at roughly $1.63 million, is one of the most expensive EVs in the world. Lotus plans to produce no more than 130 examples of the two-seater car.

August 21, 2023 | 2:02 pm
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Geely Automobile Holdings Ltd partnered with Lotus Cars in 2017, leading to the production of the Evija. The successful delivery of the Evija could reflect positively on Geely's strategic partnerships and investments in the EV sector.
Geely's partnership with Lotus Cars has resulted in the production of the Evija, a high-end electric vehicle. If the delivery of the Evija is successful, it could enhance Geely's reputation and credibility in the EV market, potentially leading to increased investor confidence and a positive impact on its stock price.
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