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Stock impact report

Iconic British sports car brand is making a change its fans will love [TheStreet.com]

Li Auto Inc. - American Depositary Shares (LI) 
Company Research Source: TheStreet.com
In 2020, legendary British sports car and motorsports powerhouse Lotus announced a controversial decision that broke the hearts of many loyal enthusiasts and fans worldwide. In an interview with British car magazine AutoExpress, the automaker's now-former CEO Phil Popham announced that its upcoming sports car (which would eventually be called the Emira) would be its last car powered by a gas-powered internal combustion engine. By 2028, it would offer a lineup of solely electric-powered vehicles. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter “One thing we do believe in is the future of battery electric vehicles, and our intention is to offer BEV on our products in the future," Popham said. “BEV is really well suited to sports Read more
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