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Stock impact report

Lotus Enters the GCC Region with Two Award Winning Models

Lotus Technology Inc. (LOT) 
Company Research Source: GlobeNewswire
NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent luxury mobility provider, today announced that it has recently obtained local homologation certification for the Eletre (SUV) model and the Emeya (GT, Sedan) model in the GCC region, paving the way for deliveries of Eletre (SUV) started in the third quarter. The milestone marks an important step as the Company continues to expand its presence in a region renowned for its passion for heritage luxury brands of automobile, racing DNA, and advanced technologies. While deliveries of Eletre (SUV) model are on the way, reservations of Emeya (GT, Sedan) models also began. New Lotus showrooms and stores in prime locations across major cities will be available for customers to test-drive and experience the exceptional control and driving dynamics of Lotus vehicles, which embody optional advanced intelligent driving software. Bespoke service will also Show less Read more
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