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Lotus Eletre specs, pricing and more detailed for European launch

Lotus revealed the Eletre in full last year, and while details were plentiful back then, the British sports car company has a lot more for us today in the realm of specs and pricing. Unfortunately, we don’t have a full layout of U.S. specs and pricing yet, but we can get a good idea of what to expect by looking at the European-market model. Three different versions will hit the market at launch: Eletre, Eletre S and Eletre R. Performance is the same between the Eletre and Eletre S (the S simply adds more luxury equipment), but the R is a unique, high-performance variant. For starters, the base model and S will have an electric motor on the front and rear axles good for a combined 603 horsepower and 524 pound-feet of torque. Lotus says that will be enough for a 4.5-second 0-62 mph time and a 160-mph top speed. Driving range on the WLTP cycle is estimated to be 373 miles for these versions, but expect that number to be down when EPA estimates come out.  The Eletre R notches performance up by a wide margin. Its pair of electric motors produce a combined 905 horsepower and 726 pound-feet of torque, but thereÂ’s a little more than just more powerful motors going on here. Unlike the single-speed transmission the base models use, the Eletre R uses a two-speed transmission for the rear electric motor and a single-speed transmission on the front axle. Lotus says this allows them to optimize the car for ideal launch performance and to improve range at higher speeds. The shifts themselves are automatic. Lotus says the R is capable of doing the 0-62 mph sprint in just 2.95 seconds, and it has a slightly higher top speed of 165 mph. Despite the two-speed transmission, range still takes a sizable hit down to just 304 miles on the optimistic WLTP cycle. We also learn today that the Eletre will house a 112 kWh lithium-ion battery pack in all versions of the SUV. Lotus says it features a maximum charge speed of 350 kW on a capable DC fast charger, which is quick enough to bring you from 10-80% in just 20 minutes. AC charging maxes out at 22 kW, which would allow you to go from 0-100% on your home charger in just six hours. The last big spec Lotus shared today is curb weight. If you opt for the base model with no options, the Eletre can weigh as little as 5,489 pounds. And yeah, thatÂ’s obviously a wild amount of weight for anything with a Lotus badge on it, but the Eletre R is even heavier at 5,820 pounds.

Lotus admits its fancy London shop is a waste of money

Piccadilly in London is one of the most expensive shopping streets in the world. And right by where they filmed that awesome scene from American Werewolf in London, Lotus has a showroom. I wandered in last week. Handmade suit, posh watch, smart shoes. But the lack of interest from the sales staff made me think I was wearing a Kimi "Leave me alone I know what I'm doing" T-shirt. To the cognoscenti it's a bit confused. There is no separation between the Lotus F1 team and Lotus cars. Even though a friend at Lotus F1 once told me that the team has a closer relationship with Microsoft than it does with Lotus Cars. What makes this especially strange is that the F1 stuff is front and centre: overpriced caps, T-shirts, and team gear, with the cars playing second fiddle. Yet this is a store paid for by Cars. You have to wonder what the shop is going to sell next year when the Enstone F1 team drops the Lotus name to become Renault. But that is nothing to the wondering you start to do when you speak to the staff. On a previous visit I'd asked about the relationship between Lotus F1 and Lotus Cars, and the sales staff insisted that they were one and the same. A short time after that I spoke to Lotus CEO Jean-Marc Gales at an event where he'd been the guest speaker. He told me that moves were underway to fix the problem and that they would soon have staff in the shop that knew about the cars. So last week's return visit was depressing. In the back there is an Exige and an Elise. I asked the difference and the girl suggested that we look it up on the internet. She took a business card, I made my excuses and left. Daft really I might not have bought a car but I was seriously tempted by the GBP20 carbon fibre pen. My local dealer, Hexagon, called and mailed, but what was really telling, and bloody impressive, was the call from Hethel. I vented my disappointment with the Piccadilly store, and the Lotus man explained. And impressed. Normally you'd get some dreadful company line about how the shop wasn't for people like me, that it was all deliberate to avoid scaring people off and welcome new blood to the brand. But instead he was honest. He told me that the shop was a folly. That it was one of Dany Bahar's many expensive ideas. He signed a ten-year lease on the shop at a million pounds a year and they can't afford to run it. They did train up some good people but, as you can't pay people rural Norfolk salaries and expect them to work in Piccadilly, they left.

Lotus cars to be 'Made in China' at new Geely plant, according to documents

BEIJING/SHANGHAI — The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan ($1.3 billion) factory in Wuhan city, company job advertisements and government documents showed. The previously unreported plans are Zhejiang Geely Holding Group's first move to shake up the British brand since its purchase of a majority stake in 2017. The move is in line with Geely's ambitions to build more up-market cars and throw off its reputation for copycat designs and shoddy quality. For Lotus, it could mean greater production volumes and new models such as SUVs to boost sales. "For Geely, going high-end can help it take more market share," said Alan Kang, Shanghai based analyst at LMC Automotive. "Geely needs to do that to better compete with global brands." Lotus cars are currently built in Norfolk, England. Geely and Lotus said in a joint statement that while Norfolk was Lotus's manufacturing home, a key part of the firm's strategy to revive the brand was expanding the brand's manufacturing footprint globally. "Details on additional locations and models will be confirmed in due course," the company said in an e-mail to Reuters. The planning authority of Hubei province, whose capital is Wuhan, last month approved Geely's plans for the plant. The factory will be able to manufacture 150,000 cars annually, according to a document posted on the authority's website. The Wuhan Development Zone, where the factory will be based, said in a statement posted on its website last month that production at the plant would include "Geely's Lotus project". The Wuhan Development Zone did not respond to Reuters' request for comment. The documents did not say when the plant would start operations. The facility is approved to build all-electric battery cars, electric hybrids as well as combustion engine cars like Lotuses. Job advertisements on Geely's website show the automaker is looking to fill at least 20 Wuhan-based roles for the Lotus project. LUXURY AMBITIONS While is not clear what portion of the new Chinese production line would be devoted to the British brand, greater production volumes would be consistent with Geely's stated ambition to grow the market for Lotus by broadening its line-up. Geely sold only 1,630 Lotuses globally in 2018. Lotus currently produces models such as the Evora and Elise.