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. …Read the full story