Lotus Evora Base Coupe 2-door on 2040-cars

Auto blog

Lotus to move immediately forward with new variants rather than new models

It took 1.5 years, but a DRB-Hicom managing director told Malaysia's Business Times that the company has "cleaned up" the situation at Lotus from its finances to its marketing and image. The clean-up job we're most interested in, the product portfolio, will be demonstrated by financial investment in a three-year program of "variants based on existing products - variants with improved technology, improved performance."
You'll notice mention of the word "variants" three times but no mention of the phrase "new models." We knew that with the death of the five-new-model turnaround plan dreamed up by ex-Lotus CEO Dany Bahar DRB-Hicom said there'd only be three distinct lines - which is the current number - but during Lotus' trouble-plagued 2012 it sold just 80 cars all year, and for a tense spell it really wasn't clear if DRB-Hicom would commit to even keeping Lotus alive, much less investing in it.
It's not clear how much is being put into in the three-year program of offshoot models like the 345-horsepower Exige S Roadster (pictured), but it might be fair to say this is where Lotus' revival really begins, and does so with baby steps. Autocar reports that DRB-Hicom has already put 100 million pounds into the English carmaker, and as its issues were worked through Lotus has sold almost as many cars in the first five months of this year as it did all of last. That has not only convinced the Malaysian minders to throw more money its way, but the UK's business secretary has also approved a 10-million-pound investment into Lotus through the Regional Growth Facility program.

Lotus Type 132 electric crossover spotted testing in China

Thanks to Carscoops, we know that Weibo Chinese social media user Ductile Iron BX spotted a Lotus Type 132 prototype testing on Chinese roads. This is the vehicle that will inaugurate the English sports car maker's transition to a battery-electric future and its future as a purveyor of crossovers, the once dirty word among the light-and-simple crowd that's just too profitable to ignore. In profile, the long, low roof makes the Type 132 look more like a jacked-up Allroad-style wagon than a traditional crossover. The heavy camo can't hide the jutting tail that holds a deployable spoiler. Those regular-sized wheels look good, but they don't fill the arches that way we've come to expect from speedy SUVs; we won't be surprised if larger rims appear on the debut model, with an option for even larger rims. The treatment of the rear quarter glass, which looks like a vent, is a neat touch. We know black drapery hides other touches like an active lower grille, its hexagonal mesh peppered with panels that twirl open to provide the right combination of powertrain cooling and vehicle aerodynamics, and some kind of sensor unit rising from the roof. Nor can the camouflage hide the sharp lines throughout, from the concave front fascia to the arced rear fenders to the dramatic rear bumper. This could be a good looking start to Lotus' people-hauler era. The Type 132 is expected to debut this spring, riding on the firm's Evolution Architecture for premium vehicles and featuring 800-volt electrics and a battery with a possible 120-kilowatt capacity. Lotus has said the crossover will reach 60 miles per hour in under 3. seconds, an estimate that probably refers to the dual-motor version that might put out as much as 750 horsepower. Even though the Type 132's place in the luxury segment will see it lined up against entries like the Aston Martin DBX and Porsche Cayenne, this being the first super-sporty CUV from this OEM, it will undoubtedly spend the early part of its life thrown into battles with the Tesla Model X. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Lotus teases its sleek Type 130 electric hypercar

Lotus has shown a teaser image of a new concept, which will usher in the automaker's electric era. The Type 130 hypercar concept will be shown later this year in London, but this aerodynamic teaser is the first glimpse at its shapely flanks. The Type 130 is said to be in "advanced stages of development." According to Lotus, the Type 130 will spawn a production version, which will be the brand's first all-new vehicle in 11 years. It will be partially bankrolled by Lotus' parent company, the Chinese carmaker Geely, which also owns Volvo. Despite that, the hypercar will not be built in China, but in England. An earlier Autocar article estimated the eventual price at around $2.6 million. Last month, news broke that Lotus is also bringing another new car to market, but that one is likely to retain internal combustion technology along with engineering ties to older Lotus architecture, as it forms a sort of "bridge" between current Lotus products and its future cars. Hence, it can't be called "all-new" in the same sense as a fully electric halo model can. Lotus also noted some of its "firsts" when informing the media of the upcoming concept, which it calls "the world's first full-electric British hypercar." The 1995 Elise was the world's first aluminum and bonded extrusion construction production car, while the 1957 Elite was a production first in the sense that it first brought the composite monocoque within the reach of customers. Between those, there was a lot of groundbreaking F1 knowhow: ground effects for the '77 Type 78 F1 car, carbon fiber for the '81 Type 88, and active suspension in 1983.