Lotus Technology Inc. ADR/$LOT

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About Lotus Technology Inc. ADR

Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand. It also provides other sales and ancillary services to customers.

Ticker

$LOT

Sector

Mobility
Primary listing

Employees

1,996

LOT Metrics

BasicAdvanced
$1.4B
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-$1.44
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-

Bulls say / Bears say

Lotus announced 550 planned job cuts in the UK—about 40% of its Hethel workforce—to cut costs and build a more sustainable operational model as sales decline (Financial Times)
After reportedly planning to close its UK plant, Lotus reversed course following intervention by the British government, signaling strong engagement with key stakeholders and keeping core manufacturing open (Financial Times)
Lotus was named Highly Commended in the Business Transformation category at the 2024 Reuters Sustainability Awards—the only automotive industry honoree—highlighting its recognized progress in sustainable operations and ESG initiatives (Reuters)
Vehicle deliveries in Q2 2025 dropped 42% year-over-year due to destocking and US-EU tariff disruptions, putting heavy pressure on revenue and market momentum (Financial Times)
The sudden exit of European head Matt Windle after only four months indicates leadership turnover and strategic uncertainty at Lotus's senior level (Financial Times)
Lotus’s effort to become the “British Porsche” has stalled, with its market value dropping from a $9 billion IPO high to $1.4 billion by mid-2025, showing missed sales, supplier conflicts, and financial pressure (Financial Times)
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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