Lotus Technology(US:LOT) Jin Rong Jie·2025-08-21 14:08Core Viewpoint - Lotus Technology (LOT) experienced a stock price increase of 2.44% on August 21, closing at $2.10 per share, with a total market capitalization of $1.425 billion [1] Financial Performance - As of March 31, 2025, Lotus Technology reported total revenue of $92.823 million, a year-over-year decrease of 46.37% [1] - The company recorded a net loss attributable to shareholders of $183 million, which represents a year-over-year increase of 29.1% [1] Company Overview - Lotus Technology is a leading manufacturer of luxury battery electric vehicles (BEVs), focusing on the design, development, and sales of luxury lifestyle vehicles [2] - The company operates under the iconic British brand "Lotus," which is known for its performance, design, and engineering standards, backed by over 70 years of racing tradition [2] - Lotus is leveraging its world-class R&D capabilities and a light-asset model authorized by Geely Holdings to explore new areas in electrification, digitalization, and intelligence [2]