Lotus Tech Completes 100% Acquisition of Lotus UK Operations
The integration is expected to unify the brand globally, accelerate collaboration, streamline governance & support long-term growth...
Lotus Technology Inc. announced that it completed the acquisition of 100% of the equity interests in Lotus Advance Technologies Sdn Bhd (“Lotus UK”) on Aug. 21, 2026.
Based in Hethel, Norfolk, Lotus UK sits at the heart of Lotus’ 78 years of heritage and continued capability in design, racing and engineering, company officials stated in a press release. Lotus UK is home to the manufacturing operations for Lotus’ sports cars, as well as to Lotus Engineering, an automotive engineering consultancy providing advanced engineering and technical services to OEMs and Tier 1 suppliers globally, with decades-long expertise in lightweight structures, aerodynamics and chassis dynamics.
The transaction brings Lotus’ British sports car engineering, manufacturing capabilities and next-generation intelligent vehicle technologies together under a single corporate structure, marking a significant milestone in Lotus’ evolution under the Focus 2030 strategy, the release noted. The integration of Lotus UK and Lotus Tech will unify the brand, streamline governance, enhance operational synergies and accelerate engineering and technology integration for next-generation performance vehicles.
The unified group is expected to unlock value across R&D, supply chain, manufacturing and global sales channels, building a unique competitive advantage at the intersection of British performance engineering heritage and next-generation electrified mobility, and delivering sustainable long-term value for customers and shareholders, the company said.
“Lotus is one brand and one strategy, and from today it is one business,” said Qingfeng Feng, chief executive officer of Lotus Tech. “Everything that makes Lotus a Lotus—the engineering, the obsession, the discipline—now sits in a single organization. It unifies the brand, increasing our global competitiveness and accelerating product development and go-to-market speed. This is an important step in advancing our Focus 2030 strategy and embarking on the next chapter of Lotus’ global revitalization.”
Lotus says that it has shaped automotive culture for 78 years and will continue to redefine the limits of performance in racing and build engaging road cars globally, combining design and engineering rooted in the UK with the broader technologies and industrial capabilities of the Geely ecosystem.
