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Lotus Technology Announces Preliminary Delivery Results of 2024
LOTLotus Technology(LOT) GlobeNewswire·2025-01-14 22:00

Company Performance - Lotus Technology Inc delivered 12,065 vehicles in 2024, marking a year-on-year increase of over 70%, the highest growth rate among leading luxury brands [1] - China accounted for approximately 25% of the company's total global deliveries in 2024 [1] Future Plans - The company aims to increase global deliveries by 20% in 2025, with China expected to contribute 25-28% of total deliveries [2] - Lotus successfully reclaimed proprietary rights to the LOTUS roundel, LOTUS word mark, and the Chinese character "莲花" in China, achieving global trademark consistency [2] Operational Details - The reported vehicle delivery numbers include invoiced deliveries and commissioned deliveries in the US market, derived from business unit reports [3] - The delivery numbers may slightly differ from those recorded in the company's financial accounting and reporting systems [3] Company Overview - Lotus Technology Inc operates across the UK, EU, and China, focusing on luxury lifestyle battery electric vehicles [4] - The company emphasizes world-class R&D in next-generation automobility technologies, including electrification and digitalization [4]