April 09, 2024 BY Elizabeth Anderson
Lotus Technology’s Luxury EVs Boost Quarterly Revenue
The Chinese electric vehicle (EV) maker recorded Q4 earnings of $361m for a 92% quarter-on-quarter spike. It contributed this financial performance to its “asset-light business model” that boosted battery electric vehicle (BEV) production and sales. This revenue performance follows on the heels of the Lotus Tech IPO on 23 February 2024, less than two months…
Read more