• bitcoinBitcoin(BTC)$62,389.002.82%
  • ethereumEthereum(ETH)$1,623.724.42%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$593.953.22%
  • usd-coinUSDC(USDC)$1.000.00%
  • rippleXRP(XRP)$1.144.96%
  • solanaSolana(SOL)$64.674.24%
  • tronTRON(TRX)$0.3288303.15%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.46%
  • HyperliquidHyperliquid(HYPE)$58.72-0.03%
  • dogecoinDogecoin(DOGE)$0.0843034.21%
  • USDSUSDS(USDS)$1.000.01%
  • leo-tokenLEO Token(LEO)$9.55-0.31%
  • RainRain(RAIN)$0.0133664.08%
  • stellarStellar(XLM)$0.2048454.54%
  • zcashZcash(ZEC)$401.588.09%
  • CantonCanton(CC)$0.1689679.79%
  • cardanoCardano(ADA)$0.1641216.02%
  • moneroMonero(XMR)$301.950.01%
  • chainlinkChainlink(LINK)$7.715.88%
  • whitebitWhiteBIT Coin(WBT)$44.503.29%
  • USD1USD1(USD1)$1.000.03%
  • the-open-networkToncoin(TON)$1.7110.00%
  • bitcoin-cashBitcoin Cash(BCH)$224.502.71%
  • Ethena USDeEthena USDe(USDE)$1.00-0.01%
  • daiDai(DAI)$1.000.00%
  • LABLAB(LAB)$13.2139.48%
  • MemeCoreMemeCore(M)$3.1210.25%
  • hedera-hashgraphHedera(HBAR)$0.0813783.81%
  • litecoinLitecoin(LTC)$42.23-1.01%
  • suiSui(SUI)$0.757.38%
  • avalanche-2Avalanche(AVAX)$6.711.07%
  • paypal-usdPayPal USD(PYUSD)$1.000.02%
  • Circle USYCCircle USYC(USYC)$1.130.00%
  • shiba-inuShiba Inu(SHIB)$0.0000055.39%
  • crypto-com-chainCronos(CRO)$0.0601514.38%
  • tether-goldTether Gold(XAUT)$4,302.730.47%
  • Global DollarGlobal Dollar(USDG)$1.000.05%
  • nearNEAR Protocol(NEAR)$1.890.83%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.130.05%
  • BittensorBittensor(TAO)$208.628.27%
  • pax-goldPAX Gold(PAXG)$4,308.050.37%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.0569252.41%
  • mantleMantle(MNT)$0.544.16%
  • Ripple USDRipple USD(RLUSD)$1.000.01%
  • OndoOndo(ONDO)$0.3411115.42%
  • AsterAster(ASTER)$0.644.33%
  • polkadotPolkadot(DOT)$0.962.63%
  • HTX DAOHTX DAO(HTX)$0.0000023.17%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Lotus Will Return To Combustion Engines For Its Cars

May 12, 2026
in AI & Technology
Reading Time: 2 mins read
A A
Lotus Will Return To Combustion Engines For Its Cars
ShareShareShareShareShare
Lotus Cars

A few years ago, Lotus announced it would end production of gas-powered vehicles to become a pure EV company. Since then, the world has solved climate change, found a way to produce clean gas from air and ended all geopolitical crises threatening access to global fuel supplies. Consequently, Lotus has announced its long-telegraphed plan to resume building cars with internal combustion engines. The Geely-owned outfit has today unveiled Focus 2030, its plan to use ICE, hybrid and electric powertrains across its range.

Hybrids will likely take most of the focus, and Lotus is proud of the Hybrid-X technology found in the China version of the Eletre, the Eletre X. (Given the company’s love of faux-Latin names beginning with E, Eletre is the glorious SUV you can throw around a track like a sports car.) Hybrid-X will also be a key pillar of the new Type 135, its new supercar expected to debut in 2028, of which we only have the above teaser image. The 135 will be an all-new flagship, equipped with a hybrid V8 capable of 986 horsepower that it’s hoped will be manufactured in Europe.

YOU MAY ALSO LIKE

What’s Driving the Rally in AI Stocks?

Best 21 Low-Code and No-Code AI Tools in 2026

Given this pivot, Lotus is also gearing up to announce an update to its last gas-powered car, the Emira, in the coming weeks. The company said the update will show off “the most powerful and lightest Emira built,” to cater for seemingly insatiable demand for gas-powered sports cars. It’ll be interesting to see how the Emira evolves in contrast with the Type 135, too, given the last time Lotus made a V8 supercar, it was the Esprit. Although by the time the Esprit finally ended production In 2004, it was a shadow of the car James Bond drove underwater in 1977.

The announcement also lays out a new vision for the company in the run-up to the end of the decade with a focus on reduced expectations. Back in those optimistic pre-2020 days, Geely was hoping to turn Lotus into a giant selling 150,000 units a year. Now, it’s scaling that target down to 30,000 units with the hope of finally reaching sustained profitability, but given the company’s annual sales sometimes measure less than 10,000 still pretty ambitious. Still, the world needs Lotus a lot more than it often lets on, and hopefully the unification of its UK and Chinese divisions will help speed up the company’s ability to innovate.

Credit: Source link

ShareTweetSendSharePin

Related Posts

What’s Driving the Rally in AI Stocks?
AI & Technology

What’s Driving the Rally in AI Stocks?

June 7, 2026
Best 21 Low-Code and No-Code AI Tools in 2026
AI & Technology

Best 21 Low-Code and No-Code AI Tools in 2026

June 7, 2026
Nvidia Gets Into the PC Market With New Chip | Bloomberg Tech 6/1/2026
AI & Technology

Nvidia Gets Into the PC Market With New Chip | Bloomberg Tech 6/1/2026

June 7, 2026
Luma AI Launches Physical AI Lab
AI & Technology

Luma AI Launches Physical AI Lab

June 7, 2026
Next Post
Hegseth on the Hill; Supreme Court Deals a Blow to the Voting Rights Act – April 29

Hegseth on the Hill; Supreme Court Deals a Blow to the Voting Rights Act - April 29

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Microsoft AI chief says company was “set free” from OpenAI to pursue superintelligence

Microsoft AI chief says company was “set free” from OpenAI to pursue superintelligence

June 5, 2026
Dust storms and lightning kill at least 96 people in northern India

Dust storms and lightning kill at least 96 people in northern India

June 6, 2026
A Depth of Trust

A Depth of Trust

June 1, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!