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Stock impact report

Lotus Technology Reports Unaudited Third Quarter and First Nine Months 2024 Financial Results

Lotus Technology Inc. (LOT) 
Company Research Source: GlobeNewswire
Over 7,600 vehicles delivered in the first nine months of 2024, a year-on-year increase of 136%Total revenue reached $653 million, more than doubled year-on-yearRevenue of intelligent driving business from customers other than Lotus surged to $11 million with a year-on-year growth of 450%Launched Hyper Hybrid EV technology that provides high-performance with a combined range of over 1,100 kilometers NEW YORK, Nov. 21, 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 third quarter and first nine months ended September 30, 2024. Operating Highlights for the First Nine Months of 2024 In the first nine months of 2024, the Company achieved total deliveries1 of 7,617 units, representing a 136% year-on-year (YoY) increase. Global allocation was relatively diversified with each region contributing 18-35% of the total deliveries in the first nin Show less Read more
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