LOT - Earnings announcements

Delivered 6,520 vehicles1 and achieved total revenue of $519 million in 2025.Service revenues increased 69% YoY in 2025, affirming the Company's technology edge and validating the commercialization of its intellectual property (IP).Gross margin improved to 9% in 2025 mainly due to the commencement of upgraded model deliveries globally and disciplined cost control.Operating loss narrowed by 65% YoY and 29% QoQ in the fourth quarter, with the full-year operating loss narrowed by 46% YoY, demonstrating the Company's commitment to operational efficiencies.Debut of Company's first PHEV model, named For Me (Eletre X in Europe), extending product roadmap and catering to evolving consumer demands ac

NEW YORK, April 01, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (NASDAQ:LOT) ("Lotus Tech" or the "Company"), a leading global intelligent and luxury mobility provider, today announced that it will report its unaudited financial results for the fourth quarter and full year 2025 financial results on Friday, April 10, 2026, before market opening in the United States. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Friday, April 10, 2026 (14:00 Central European Time / 20:00 China Standard Time on the same day). There will be a live audio webcast and limited-time replay available on the Company's investor relations website at https://ir.group

Delivered 4,612 vehicles1 and achieved total revenue of $356 million in first nine months of 2025.Gross margin improved to 8% in the third quarter, reflecting healthier inventory dynamics and continued recovery in underlying profitability.Net loss narrowed by approximately 68% in the third quarter and 43% for the nine-month period ended September 30, 2025, on a YoY basis.Upcoming launch of new PHEV model reaffirming commitment to diversified energy strategy. NEW YORK, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the third quarter and ni

NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced that it will report its unaudited financial results for the third quarter 2025 on November 24, 2025, before market opening in the United States. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on Monday, November 24 , 2025 (13:00 Central European Time / 20:00 China Standard Time on the same day). There will be a live audio webcast and limited-time replay available on the Company's investor relations website at https://ir.group-lotus.com/news-events/events/ For part

Delivered over 2,800 vehicles1 and achieved total revenue of $218 million in the first half of 2025The operating loss in the first half 2025 narrowed approximately 40% year-on-year to $263 millionReceived up to approximately $500 million funding commitment from institutional investors and strategic partnersLotus Robotics entered into MOU with a strategic partner for strategic collaboration on intelligent driving, exploring Robotaxi development in Saudi Arabia. NEW YORK, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the second quarter and

NEW YORK, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced that it will report its unaudited financial results for the first half 2025 on August 29, 2025, before market opening in the United States. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Friday, August 29, 2025 (14:00 Central European Time / 20:00 China Standard Time on the same day). There will be a live audio webcast and replay available following completion of the call on the Company's investor relations website at https://ir.group-lotus.com/news-events/event

Delivered close to 1,300 vehicles1Total revenue reached $93 millionGross margin was 12% as the impact from prior destocking efforts easedThe operating loss in the first quarter narrowed by more than 50% year-on-year to $103 million NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the first quarter ended March 31, 2025. Operating Highlights for the First Quarter of 2025 In the first quarter of 2025, the Company achieved total deliveries1 of 1,274 units, reflecting the sc

NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced that it will report its unaudited financial results for the first quarter 2025 on June 25, 2025, before market opening in the United States. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, June 25, 2025 (14:00 Central European Time / 20:00 China Standard Time on the same day). There will be a live audio webcast and replay available following completion of the call on the Company's investor relations website at https://ir.group-lotus.com/news-events

Over 12,000 vehicles delivered in 2024, a year-on-year increase over 70%.Total revenue reached $924 million, a 36% year-on-year growth.Achieved a reduction in operating expenses for five consecutive quarters through rigorous execution of efficiency enhancement initiatives.The Company is expected to consolidate the entire global business of the Lotus brand by acquisition of a majority interest in Lotus UK upon the closing of Geely's put option. NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the fourth quarter and th

NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced that it will report its unaudited fourth quarter and full year 2024 financial results on April 22, 2025, before market opening in the United States. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, April 22, 2025 (14:00 Central European Time / 20:00 China Standard Time on the same day). There will be a live audio webcast and replay available following completion of the call on the Company's investor relations website at https://ir.group-lotus.com/new

Over 7,600 vehicles delivered in the first nine months of 2024, a year-on-year increase of 136%Total revenue reached $653 million, more than doubled year-on-yearRevenue of intelligent driving business from customers other than Lotus surged to $11 million with a year-on-year growth of 450%Launched Hyper Hybrid EV technology that provides high-performance with a combined range of over 1,100 kilometers NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the third quarter and first nine months ended September 30, 2024. Operating Highlig

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company") (NASDAQ:LOT), a leading global luxury electric vehicle maker, today announced that it will report its unaudited third quarter 2024 financial results on November 21, 2024, before market opening in the United States. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on Thursday, November 21, 2024 (13:00 Central European Time / 20:00 China Standard Time on November 21, 2024). There will be a live audio webcast and replay available following completion of the call on the Company's investor relations website. For participants who wish to view

Robust start in 2024, marking the strongest first half-year performance in the brand's history.Balanced global allocation, with strong US deliveries1 contribution after the brand's re-entry into the market.Launched bespoke services and continued growing technology-related income, which are expected to be potential contributors of profit margin in the future.Adjusted the annual delivery target due to near-term disruptions from trade uncertainties and tariff hikes.Initiated the "Win26" Plan aiming to achieve positive operating cashflow and EBITDA in 2026. NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global intelligent and luxur

NEW YORK , Aug. 02, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company") (NASDAQ:LOT), a leading global luxury electric vehicle maker, today announced that it will report its unaudited first half 2024 financial results on August 28, 2024, before market opening in the United States. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, August 28, 2024 (14:00 Central European Time / 20:00 China Standard Time on August 28, 2024). There will be a live audio webcast and replay available following completion of the call on the Company's investor relations website. For participants who wish to view the live webcast,

Lotus Tech recorded revenue of $173 million and gross profit margin of 18%Delivered approximately 2,194 vehicles1, with global markets outside China contributing over 75% of total deliveriesRevealed luxury customized editions of classic sportscar and BEV lifestyle models NEW YORK, May 29, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company") (NASDAQ:LOT), a leading global luxury electric vehicle maker, today announced its unaudited financial results for the first quarter ended March 31, 2024. The Company achieved total revenue of $173 million in the quarter, a year-on-year growth of 811% and a gross profit margin of 18%, powered by an asset-light model and high-m

NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company") (NASDAQ:LOT), a leading global luxury electric vehicle maker, today announced that it will report its unaudited first quarter 2024 financial results on May 29, 2024, before market opening in the United States. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, May 29, 2024 (14:00 Central European Time / 20:00 China Standard Time on May 29, 2024). Lotus Tech 1Q 2024 Financial Results webcast: https://edge.media-server.com/mmc/p/gwuvrehk Following completion of the call, audio replay will be available on the Company's investor relations we

Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023Conference Call and Webcast on April 30th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023. Fiscal Year 2023 Financial Results For the fiscal year ended December 31, 2023, total revenues were $364 million, up 29% from $282 million in 2022.Our auto service segment reported revenue of $215 million in fiscal year 2023, an increase of 8% from $199 million in fiscal year 2022.

Lotus Tech recorded revenue of $679 million in 2023, driven by growing sales of lifestyle BEVs and sports carsAchieved gross profit margin of 15% in first year of BEV deliveries, with scaling of asset-light productionExpanded its global footprint to 215 stores, with new flagship locations in Paris, London, and SeoulExpects to achieve about threefold increase in deliveries in 2024 amid steady market expansion NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2023.

NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company") (NASDAQ:LOT), a leading global luxury electric vehicle maker, today announced that it will report its unaudited fourth quarter and full year 2023 financial results on April 8, 2024, before market opening in the United States. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, April 8, 2024 (14:00 Central European Time / 20:00 China Standard Time on the same day). There will be a live audio webcast and replay available following completion of the call on the Company's investor relations website at https://ir.group-lotus.com/. For participa