Lotus to float new EV division on stock market | Autocar

Lotus Cars is 49% owned by Etika Automotive, a company controlled by Malaysian billionaire Syed Mokhtar Al Bukhary, who formerly owned Lotus through another company, DRB-Hicom.

The electric SUVs and saloon will be built in a new £900 million factory in Wuhan, China.

But Lotus is undeterred.

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