SC 13G - Lotus Technology Inc. (0001962746) (Subject)
SC 13G - Lotus Technology Inc. (0001962746) (Subject)
SC 13G - Lotus Technology Inc. (0001962746) (Subject)
NEW YORK, April 08, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced changes to its management team and board of directors. The board of directors of the company (the "Board") has approved the appointment of Mr. Daxue Wang as the Chief Financial Officer ("CFO") of the Company effective April 8, 2025. Mr. Wang is a seasoned executive across corporate and prominent financial institutions, most recently serving as CFO of Radar Auto. Prior to that, Mr. Wang held several executive positions in Zhejiang Kangsheng, Huzhou Moshan Asset Management, Morgan Stanley Securities, ICBC Credi
20-F - Lotus Technology Inc. (0001962746) (Filer)
6-K - Lotus Technology Inc. (0001962746) (Filer)
6-K - Lotus Technology Inc. (0001962746) (Filer)
6-K - Lotus Technology Inc. (0001962746) (Filer)
6-K - Lotus Technology Inc. (0001962746) (Filer)
6-K - Lotus Technology Inc. (0001962746) (Filer)
6-K - Lotus Technology Inc. (0001962746) (Filer)
F-3 - Lotus Technology Inc. (0001962746) (Filer)
POS AM - Lotus Technology Inc. (0001962746) (Filer)
POS AM - Lotus Technology Inc. (0001962746) (Filer)
NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced that its annual report on Form 20-F for the fiscal year ended December 31, 2024 has been filed with the Securities and Exchange Commission. The annual report can be accessed on the Company's investor relations website at https://ir.group-lotus.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the contact of IR department, [email protected]. About Lotus
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, April 16, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus Tech" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced that Geely International (Hong Kong) Limited ("Geely") exercised its put option on April 14, 2025, requiring us to purchase 51% of the equity interests in Lotus Advance Technologies Sdn Bhd ("Lotus UK") held by Geely pursuant to the Put Option Agreement dated January 31, 2023 between the parties. Lotus UK controls the manufacturing operations for Lotus' sportscars and hyper cars, and Lotus Engineering which provides comprehensive consultancy services to many of the OEMs and Tier 1 suppliers around the wo
NEW YORK, April 08, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company") (NASDAQ:LOT), a leading global intelligent and luxury mobility provider, today announced changes to its management team and board of directors. The board of directors of the company (the "Board") has approved the appointment of Mr. Daxue Wang as the Chief Financial Officer ("CFO") of the Company effective April 8, 2025. Mr. Wang is a seasoned executive across corporate and prominent financial institutions, most recently serving as CFO of Radar Auto. Prior to that, Mr. Wang held several executive positions in Zhejiang Kangsheng, Huzhou Moshan Asset Management, Morgan Stanley Securities, ICBC Credi
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
NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company"), a leading global intelligent and luxury mobility provider, announced Lotus Robotics, its intelligent driving arm, has established a strategic partnership with CaoCao Mobility, a prominent ride-hailing service provider in China. Lotus Robotics and CaoCao Mobility have launched an innovative intelligent mobility platform for robotaxis, representing a major breakthrough in intelligent mobility for the rail-hailing industry. This partnership integrates Lotus Robotics' cutting-edge intelligent driving solutions with CaoCao Mobility's proven operational expertise in large-scale ride-hailing services t
NEW YORK, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company"), a leading global intelligent and luxury mobility provider, today announced its preliminary vehicle delivery results for the full year of 2024. Lotus delivered 12,065 vehicles1 in 2024, representing a year-on-year increase of over 70% and boasting the top growth rate among leading luxury brands2. China contributed approximately 25% of the total global deliveries in 2024. In 2025, the Company aims to increase global deliveries by 20% with a 25-28% contribution from China. Lotus also successfully reclaimed the proprietary rights of the LOTUS roundel, LOTUS word mark and the Chinese character of Lot
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. ("Lotus" or the "Company"), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first eleven months of 2024. The Company delivered 9,871 vehicles1 in the first eleven months of 2024. As a top seller British luxury brand2, Lotus continued its strong momentum in the European market, which contributed nearly 40% of total deliveries for the eleven months ended November 30, 2024. China, as a new and growing market for Lotus, contributed about 25% of the total deliveries. In November, the Company was awarded the Green Apple Environment Award for its commitment to su
Leading intelligent and luxury mobility provider uses AWS to power its intelligent driving platform, innovate new connected vehicle services, and expand globally At AWS re:Invent, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), today announced that Lotus Technology (("Lotus", NASDAQ:LOT), a leading global intelligent and luxury mobility provider, has chosen AWS as its preferred cloud provider to help support its development of intelligent, luxury car experiences. The automaker will use AWS to implement its Vision80 Strategy, a plan to transform the company into a global luxury technology brand by 2028. This press release features multimedia. View the full release he
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
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.