Lotus Technology Honored as Highly Commends at Reuters Sustainability Awards 2024

Core Insights - Lotus Technology Inc. has received the Highly Commends honor at the Reuters Sustainability Awards 2024 in the Business Transformation category, marking it as the only winner from the automotive industry among over 700 global entrants [1][2] - The award recognizes companies that are making significant strides in transforming their business models towards sustainability, highlighting Lotus Tech's comprehensive sustainability strategy and transparent disclosures [1] Business Transformation - Since the announcement of its Vision80 Strategy in 2018, Lotus Tech has focused on becoming a leading intelligent and luxury mobility provider, launching three electric vehicles: the Evija hypercar, Eletre SUV, and Emeya GT Sedan, which are distributed globally [2] - The Chairman of the ESG Committee at Lotus Tech expressed pride in the recognition and emphasized the company's commitment to driving positive change for future generations and the planet [2] Company Overview - Lotus Technology Inc. operates in the UK, EU, and China, specializing in luxury lifestyle battery electric vehicles and focusing on R&D in next-generation automobility technologies, including electrification and digitalization [2]