As we are discussing Emira+ in this thread - Lotus released their
Q2_25 Results a few days ago.
We could do with an
@SSO breakdown, but $218MM loss cited for the first half of the year, with sales figures dropped significantly over the same period in 2024. (20% drop in lifestyle EV's, and 64% drop in sports cars (which is almost entirely Emira - maybe a smattering of Evija in there)).
With overall sales up in China, it was Lotus's biggest market for this period. That's mainly due to other market sales completely tanking however.
The Eletre (EV SUV) and Emeya (EV saloon) must offer huge profit opportunity (given their price point, with all manufacturing in China) that Lotus have clearly struggled to leverage. Even in China - Geely's home territory.
A sad state.
