Core Viewpoint - Lotus Technology Inc. is set to acquire 100% of Lotus Advance Technologies Sdn Bhd ("Lotus UK") after Etika Automotive Sdn Bhd exercised its put option, following a similar action by Geely International (Hong Kong) Limited, enabling full control and consolidation of Lotus UK's operations [1][2][4]. Group 1 - Etika exercised its put option on June 30, 2025, requiring Lotus Technology to purchase 49% of Lotus UK [1]. - The acquisition will be completed through non-cash transactions based on pre-agreed prices, allowing the company to consolidate Lotus UK's financial results [2][3]. - Lotus UK is responsible for manufacturing Lotus' sportscars and hyper cars, as well as providing consultancy services to OEMs and Tier 1 suppliers globally [3]. Group 2 - The put option agreements with Geely HK and Etika were established in conjunction with a business combination involving L Catterton Asia Acquisition Corp, with conditions based on vehicle sales exceeding 5,000 in 2024 [4]. - As of December 31, 2024, the conditions for exercising the put options were satisfied, allowing the transactions to proceed [4]. - The company will issue new shares valued at $10 per share in exchange for the transfer of Lotus UK shares, with Lotus UK valued at 1.15 times revenue plus cash minus debt [5]. Group 3 - Lotus Technology Inc. operates across the UK, EU, and China, focusing on luxury battery electric vehicles and next-generation automobility technologies [6].

来源 | 美股研究社 2025年的超豪华车市场，寒意比往年更浓。 天眼查显示，中国汽车流通协会数据显示， 2025年 一季度百万级新车销量仅2.1万辆，同比暴跌 53%，跌幅较2024年再度放大 ——这个曾经被视为"财富风向标"的细分领域，正以远超行业平均 的速度 加速 收缩 。 要知道2021~2023年，售价百万级的豪华车年销量一直维持在20万辆左右。 而在一片 低迷 中， 美股上市的 路特斯科技（LOT.US）交出了一份"亏损收窄、毛利率回升"的 第一季度财报， 并 激起了"超豪华品牌如何在下行周期存活"的讨论。 这份财报里，既有营收同比下滑46%的"阵痛"，也有运营亏损收窄56%、毛利率从 2024全年 的 3 % 回升至 12% 的 "曙光"；既有欧洲、中国、北美"三足鼎立"的交付格局，也有 向 "年销3万-4万 辆即可盈亏平衡" 的 生存底线 的努力 。 当 中国大众汽车市场全面开启产业格局的重塑，或许可以以吉利旗下 路特斯 的 财报 为 切片， 探索中国新一代超豪华车市的未来之路。 从 - 1 1 % 到 1 2 % ！ 路 特 斯 止 损 提 效 如果用一个关键词概括路特斯2025年Q1财报， ...

Core Viewpoint - Lotus Technology Inc. (NASDAQ: LOT) is recommended as a Sell for long-term investors despite its storied brand [1] Company Analysis - The analysis begins coverage of Lotus Technology Inc. with a negative outlook for long-term investors [1] - The company has a recognized brand, but further scrutiny reveals potential weaknesses [1]

Group 1: Financial Performance - Lotus Technology reported a total global delivery of 1,274 units in Q1 2025, generating revenue of $93 million [2] - The gross margin for the quarter increased to 12%, showing significant improvement compared to the previous year [2] Group 2: Product Development and Market Strategy - Lotus expanded and upgraded its product matrix, launching updated models Eletre and Emeya, with expected deliveries in the Chinese market in Q2 [2] - The company introduced the EMIRA Clark Edition, a limited edition model honoring legendary racer Jim Clark, with only 60 units available globally [2] - Lotus aims to maintain a differentiated strategy and optimize product configurations to enhance its product matrix amid fierce competition in the global automotive market [2] Group 3: Brand Revival - The return of the Lotus brand name in China is seen as a significant milestone for brand revival, emphasizing its historical importance and connection to the company's legacy [3] - The CEO highlighted the importance of the Lotus name as a guiding asset and a symbol of the brand's heritage and future aspirations in the electric vehicle sector [3] Group 4: Brand Philosophy - Lotus continues to uphold its brand philosophy "For The Drivers," focusing on high-performance electric sports cars that enhance driving experiences [4]

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Lotus Technology (LOT) Q1 2025 Earnings Call June 25, 2025 08:00 AM ET Company Participants Demi Zhang - Head of Investor Relations, Board Secretary Office, ESG Committee & Disclosure Committee MemberDaxue Wang - CFO Operator Day, and thank you for standing by. Welcome to Lotus Technology Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference ...

Lotus Technology (LOT) Q1 2025 Earnings Call June 25, 2025 08:00 AM ET Speaker0 Day, and thank you for standing by. Welcome to Lotus Technology Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Ms. Demi Zhang from the company. Please go ahead. Speaker1 Thank you, operator. Good morning, good afternoon, and good evening, everyone. ...

Delivered close to 1,300 vehicles1Total revenue reached $93 millionGross margin was 12% as the impact from prior destocking efforts easedThe operating loss in the first quarter narrowed by more than 50% year-on-year to $103 million NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the first quarter ended March 31, 2025. Operating Highlights for the F ...

Core Viewpoint - Lotus Technology Inc. is set to report its unaudited financial results for the first quarter of 2025 on June 25, 2025, before the market opens in the United States [1]. Financial Reporting - The earnings conference call will take place at 8:00 AM U.S. Eastern Time on June 25, 2025, with a live audio webcast available [2]. - Participants can register for the live webcast and will receive confirmation emails with access information upon registration [2][3]. Company Overview - Lotus Technology Inc. operates in the UK, EU, and China, focusing on luxury lifestyle battery electric vehicles and next-generation automobility technologies such as electrification and digitalization [3].

Core Viewpoint - Lotus Technology Inc. has released its 2024 Environmental, Social, and Governance (ESG) Report, showcasing its commitment to sustainable practices and leadership in clean mobility [1][2]. Group 1: ESG Report Highlights - The 2024 ESG Report has been audited by TÜV NORD, ensuring credibility in its findings [1]. - Lotus Tech received notable awards in 2024, including the Reuters Sustainability Award and the EU Chamber of Commerce Sustainable Business Award, recognizing its achievements in sustainability [2]. Group 2: Innovative Green Products - Lotus Tech introduced its first concept car, Theory 1, which focuses on advanced technology and sustainable development, utilizing only ten main A-surface materials compared to the industry average of 100 [4]. Group 3: Green Manufacturing Excellence - The Lotus Global Smart Factory has achieved the "Leading-Zero Carbon Factory" certification, highlighting its commitment to carbon neutrality and sustainable production practices [4]. Group 4: Global Sustainability Engagement - In 2024, Lotus Tech contributed to the World Economic Forum's Nature Positive Transitions Report series, demonstrating its active participation in global sustainability initiatives [4].