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Lotus is about to start manufacturing in China

Lotus will start building cars in China, following the construction of a new factory in Wuhan city.

The news agency is reporting that the British sports car brand’s owners Geely has invested in a new $1.3-billion factory. – according to Reuters.

While unconfirmed, Reuters’ report is the first evidence of a major shakeup for Lotus since Geely bought a majority stake in the brand in 2017.

Geely, which also owns Volvo, is looking to build more upmarket models. That will include the long-anticipated first SUV from Lotus.

A move to manufacturing cars in China wouldn’t spell the end of Lotus building cars at its home in Norfolk. Geely and Lotus previously released a joint statement confirming that Norfolk will remain the brand’s home of manufacturing.

Additional locations and models are still unknown. – according to Reuters.

By |2019-01-24T22:34:21+00:00January 24th, 2019|Categories: Featured, World|Tags: , , , , , , , , , |0 Comments

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