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Stock impact report

Lotus Technology Announces Delivery Updates of First Ten Months of 2024

Lotus Technology Inc. (LOT) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus continues to achieve top-rate growth among traditional luxury car brands, delivering 8,631 vehicles1 in the first ten months of 2024. Europe and China continued to be the major markets for Lotus with each region contributing about 35% and 25% of the total deliveries, respectively. In October, the Company started open beta test for its urban NOA (Navigate on Autopilot) in key cities. Certain OTA of intelligent driving, including high-way assistant driving functions, was launched in Europe. As previously announced, Lotus Robotics, the Company’s intelligent driving arm, provides intelligent driving solutions with global coverage to both Lotus-brand intelligent vehicles and other global leading auto conglomerates such as Lynk&Co, Farizon Auto, and a t Show less Read more
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