Lotus Technology Reports Unaudited Second Quarter and First Half 2024 Financial Results
Lotus Technology Inc. (LOT)
Company Research
Source: GlobeNewswire
Robust start in 2024, marking the strongest first half-year performance in the brand’s history.Balanced global allocation, with strong US deliveries1 contribution after the brand’s re-entry into the market.Launched bespoke services and continued growing technology-related income, which are expected to be potential contributors of profit margin in the future.Adjusted the annual delivery target due to near-term disruptions from trade uncertainties and tariff hikes.Initiated the “Win26” Plan aiming to achieve positive operating cashflow and EBITDA in 2026. NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the second quarter and half year ended June 30, 2024. Operating Highlights for the First Half of 2024 In the first half of 2024, the Company achieved total deliveries1 of 4,873 units, representing a 239% year-on-year (YoY) i
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News
- Lotus Technology Reports Unaudited Third Quarter and First Nine Months 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Lotus Technology Reports Unaudited Third Quarter and First Nine Months 2024 Financial ResultsGlobeNewswire
- Total Contract Value of Lotus Technology's Intelligent Driving Solutions Nearing US$130 Million [Yahoo! Finance]Yahoo! Finance
- Total Contract Value of Lotus Technology’s Intelligent Driving Solutions Nearing US$130 MillionGlobeNewswire
- Lotus Technology Announces Delivery Updates of First Ten Months of 2024GlobeNewswire
LOT
Sec Filings
- 11/21/24 - Form 424B3
- 11/21/24 - Form 424B3
- 11/21/24 - Form 6-K
- LOT's page on the SEC website