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Lotus marks 20 years of the Elise

Lotus was a very different company 20 years ago. For starters, it wasn't owned by the Malaysians: it had just been sold by General Motors to Romano Artioli, the same man behind the revival of Bugatti EB110. It had discontinued the Elan, Excel and Carlton, which left the Esprit – by then already 20 years old itself – as its only product. Then the Elise came along and everything changed. The Elise arrived in 1995, based on a lightweight aluminum chassis that was ahead of its time and cloaked in composite body panels to make it incredibly light in the spirit of Colin Chapman's ethos. Its name was taken from Artioli's granddaughter, but stuck around long after he sold the company. The Esprit was eventually retired, and with the exception of the Evora, the Elise served as the basis for every other new Lotus that has followed in the two decades since: the Exige, Europa, 2-Eleven, 340R, and so on. It even lent its underpinnings to a wide array of sports cars for other automakers, including the groundbreaking Tesla Roadster, the all-conquering Hennessey Venom GT, the Opel Speedster/Vauxhall VX220, and more concepts cars and niche products than we can count. Now 20 years since its introduction, Lotus is celebrating the milestone with the Elise 20th Anniversary Edition. It's based on (and effectively replaces) the Elise S Club Racer, and trims a further 22 pounds off the curb weight. It's got matte black forged wheels and trim, a retrimmed interior and of course all the special badging. UK customers will be able to pick one up for GBP39,900, but as the Elise hasn't been offered Stateside in a few years now, we'll just have to admire – and celebrate – from afar. Lotus Elise celebrates 20 years - Celebratory 20th Anniversary Special Edition Elise - Special edition, based on the Elise S Club Racer, including classic Elise colour schemes - Pioneering and iconic Elise continues to innovate and evolve - Weight reduced by 10 kg The Lotus Elise 20th Anniversary Special Edition celebrates the unveiling of the iconic sports car at the Frankfurt Motor Show in September 1995. 20 years ago, the Lotus Elise revolutionised the sports car world, setting the benchmark for handling, purity of the driving experience, lightweight and efficiency. Its pioneering and advanced bonded aluminium chassis was a market-leading technological innovation at the time and over the years has improved and evolved and remains core to the Elise's exceptional performance today.

Lotus signs joint venture agreement with China's Goldstar

Lotus and China's Goldstar Heavy Industrial Company are forming a joint venture that will bring the historic British sports-car maker into the country. "The collaboration seeks to accelerate the development of Lotus cars in the premium sports segment in China," according to the announcement. The JV will include research projects on efficient and advanced technology, and ultimately lead to sales of cars there, Lotus said. China's auto market is no longer experiencing the double-digit growth of the past, but it still continues to expand. Meanwhile, Lotus saw sales jump 55 percent in the last fiscal year and it opened 36 new dealers, according to CEO Jean-Marc Gales. The joint venture announcement also hints at the possibility of Chinese-made models, but it shouldn't dilute the brand. Lotus is clear that core vehicles like the Evora, Exige and Elise would remain exclusively in production at the headquarters in Hethel, England. Just a couple years ago, Lotus appeared to be on its deathbed after losing a quarter of its workforce, but since that setback the company has started to crawl back. PROTON, LOTUS GROUP AND GOLDSTAR SIGNED JV AGREEMENT KUALA LUMPUR – PROTON Holdings Berhad ("PROTON") the ultimate holding company of Lotus Group, announced that it has signed a Joint Venture ("JV") Agreement with Lotus Group International Limited, United Kingdom ("Lotus Group") and Goldstar Heavy Industrial Co. Ltd. ("Goldstar") for a possible business expansion of Lotus cars in the People's Republic of China. The collaboration seeks to accelerate the development of Lotus cars in the premium sports segment in China, leveraging on the incentives offered by the Fujian Provincial Government. Both PROTON and Lotus Group are subsidiaries of DRB-HICOM Berhad. Signing on behalf of PROTON was the Honourable Tun Dr Mahathir Mohamad, Chairman of PROTON and former Prime Minister of Malaysia and witnessed by Dato' Abdul Harith Abdullah, Chief Executive Officer of PROTON. Signing on behalf of Lotus Group International Limited, United Kingdom was Jean-Marc Gales, Chief Executive Officer and witnessed by Mr Rohime Shafie, Director of Lotus Group and Chief Financial Officer of PROTON; and signing on behalf of Goldstar was Mr Zheng Qianghui, Chairman of Goldstar and witnessed by Mr Zhai Wenliang, President of Goldstar.

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.