Tag: Lotus

@Geely: Geely Auto Forms New Premium Electric Car Company – Zeekr

New brand, Zeekr, to bring competition into premium electric segment Focus on innovation as standard with users at the centre of operations Unique business model with production given to parent company under asset light operation strategy  2021 March 23rd, Hangzhou and Hong Kong. Geely Auto Group (Geely Auto) today announced the formation of a new… Continue reading @Geely: Geely Auto Forms New Premium Electric Car Company – Zeekr

@niche: AC CARS CELEBRATES IT’S 120th BIRTHDAY WITH 12 SPECIAL AC COBRA SUPERBLOWERS000595

Hethel, United Kingdom, 8 March, 2021 – AC Cars is launching a suite of special anniversary models marking its 120 years in business. In the coming months AC Cobras will be going fully green with innovative high performance electric drivetrains which will achieve outstanding results in terms of on the road speed and power yet… Continue reading @niche: AC CARS CELEBRATES IT’S 120th BIRTHDAY WITH 12 SPECIAL AC COBRA SUPERBLOWERS000595

New 2022 Lotus ‘Type 131’: the brand’s new sports car in detail

Lotus bosses have promised that the company intends to “stay true” to its enthusiast base and existing price positioning – after the British firm announced that it is axing production of its three current sports cars, the Elise, Exige and Evora, ahead of introducing an all-new model in 2022. The new car, which is codenamed… Continue reading New 2022 Lotus ‘Type 131’: the brand’s new sports car in detail

Cars that redefined the market | Axon’s Automotive Anorak | GRR – Goodwood Road and Racing

Admittedly it’s rare, but once in a while, a new car is introduced that seriously disrupts the market sector it’s aimed at, redefining it in the process. This can lead to unusual feelings of sympathy for rival carmakers that have spent years and considerable resources (both human and financial) investing in an all-new model, only… Continue reading Cars that redefined the market | Axon’s Automotive Anorak | GRR – Goodwood Road and Racing

Volvo says it will make only electric cars by 2030

Volvo plans to sell only electric cars by 2030 in the latest move by a legacy carmaker to abandon fossil fuels that contribute to global heating. The Swedish carmaker also said it would only sell its electric cars direct to consumers online, in a blow to the traditional model of selling vehicles via independent dealerships.… Continue reading Volvo says it will make only electric cars by 2030

British sports car maker Zenos has gone into administration – City A.M.

The Norfolk-based manufacturer of lightweight sports cars, Zenos, has revealed that it’s entered administration – citing a downturn in sales for it ceasing trading. The start-up company has been punching above its weight since it launched the brilliant E10 in January 2015. Journalists raved about the £26,995 Lotus rival – but, ultimately, it wasn’t enough… Continue reading British sports car maker Zenos has gone into administration – City A.M.

Lucid Motors is set to go public with a $24 billion valuation. It probably couldn’t have happened without billions in Saudi money.

Electric vehicle startup Lucid Motors plans to go public via SPAC at a $24 billion valuation.  The company struggled for years before getting $1.3 billion from Saudi Arabia in 2019.  The deal increases Saudi Arabia’s ownership stage from 67% to 85%.  Visit the Business section of Insider for more stories. Somewhere out there, there’s a… Continue reading Lucid Motors is set to go public with a $24 billion valuation. It probably couldn’t have happened without billions in Saudi money.

@niche: New dealership in Belgium highlights Donkervoort’s expansion strategy000547

Cycling legend Tom Boonen joins the Donkervoort team in Belgium. A new Donkervoort dealership has confirmed the growing demand for Donkervoort Automobielen’s 2G supercars. Iconic Cars in Zandhoven has become a Donkervoort dealer for Belgium, joining other dealerships in Paris, Munich, Düsseldorf and Geneva. Developed by experienced dealer Steve Lismont and former cycling World Champion… Continue reading @niche: New dealership in Belgium highlights Donkervoort’s expansion strategy000547

@Geely: Tue 16 Feb 2021The Lotus E-R9: next-generation EV endurance racer showcases innovation in powertrains and aerodynamicsLotus has unveiled the E-R9, a d…

(Hethel, UK – 16 February 2021) – Lotus has unveiled the E-R9, a dramatic new design study for a next-generation pure electric endurance racer that could be on the starting grid of circuits around the world for the 2030 season. Finished in striking black and gold – a clear nod to Lotus’ pioneering motorsport heritage… Continue reading @Geely: Tue 16 Feb 2021The Lotus E-R9: next-generation EV endurance racer showcases innovation in powertrains and aerodynamicsLotus has unveiled the E-R9, a d…