Lotus Tech Debuts its First PHEV, Advancing into Wider Markets

Core Insights - Lotus Technology Inc. has introduced its first plug-in hybrid electric vehicle (PHEV), marking a significant milestone in the company's 77-year history and its electrification strategy [1] - The public debut of the new PHEV model occurred on December 5, 2025, as part of the Ministry of Industry and Information Technology of PRC's new-vehicle catalogue [1] - The official launch of the model in China is set for the first quarter of 2026, with a technology preview event scheduled for January 2026, followed by international rollouts [2] Company Overview - Lotus Technology Inc. operates in the UK, EU, and China, focusing on luxury lifestyle electric vehicles and advanced R&D in next-generation automotive technologies, including electrification and digitalization [3]