About Lotus Cars
Lotus Cars is a company based in Norwich (United Kingdom) founded in 1948 was acquired by Geely in June 2017.. Lotus Cars has raised $134.06 million across 7 funding rounds from investors including Santander, Toyota and Britishvolt. Lotus Cars offers products and services including ELETRE, EMIRA, EMEYA, and EVIJA. Lotus Cars operates in a competitive market with competitors including Porsche, Rimac Automobili, Bugatti Automobiles, W Motors and SSC North America, among others.
- Headquarter Norwich, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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- Legal Name Group Lotus Limited
- Date of Incorporation 12 Jun, 1958
- Jurisdiction NORWICH, NORFOLK
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Products & Services of Lotus Cars
Lotus Cars offers a comprehensive portfolio of products and services, including ELETRE, EMIRA, EMEYA, and EVIJA. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performance electric SUV with racecar-inspired features.
Powerful four-cylinder sports car for dynamic driving experiences.
Electric hyper-GT vehicle setting new performance benchmarks.
Limited-production hypercar with extreme power and agility.
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Funding Insights of Lotus Cars
Lotus Cars has successfully raised a total of $134.06M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Unspecified - Lotus Cars | Valuation |
investors |
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| Sep, 2022 | Amount | Unspecified - Lotus Cars | Valuation |
investors |
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| Jul, 2022 | Amount | Debt – Conventional - Lotus Cars | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Lotus Cars
Lotus Cars has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Santander, Toyota and Britishvolt. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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NIO Capital is focused on investments in mobility, energy, and technology sectors.
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Commercial banking services are provided to individuals and institutions globally.
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Online point-of-sale financing loans are offered to consumers.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Lotus Cars
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Lotus Cars
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Lotus Cars Comparisons
Competitors of Lotus Cars
Lotus Cars operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Porsche, Rimac Automobili, Bugatti Automobiles, W Motors and SSC North America, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Luxury sports cars are designed, manufactured, and distributed internationally.
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Electric sports cars and drivetrain components are designed and manufactured.
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Sports cars are manufactured by Bugatti Automobiles in France.
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Luxury sports cars are designed and manufactured by W Motors.
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Passenger cars are branded and manufactured by SSC North America.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lotus Cars
Frequently Asked Questions about Lotus Cars
When was Lotus Cars founded?
Lotus Cars was founded in 1948 and raised its 1st funding round 35 years after it was founded.
Where is Lotus Cars located?
Lotus Cars is headquartered in Norwich, United Kingdom. It is registered at Norwich, Norfolk, United Kingdom.
Who is the current CEO of Lotus Cars?
Jean-Marc Gales is the current CEO of Lotus Cars.
Is Lotus Cars a funded company?
Lotus Cars is a funded company, having raised a total of $134.06M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $89.44M, raised on Jun 01, 1983.
What does Lotus Cars do?
Lotus Cars was established in 1948 in Norwich, United Kingdom, as a brand specializing in the automotive sector. High-performance luxury sports cars are produced, with operations centered on engineering and vehicle assembly in the UK. The company focuses on lightweight designs and advanced materials for road and track applications, serving global markets from its primary base in Norwich. Leadership has included figures such as Jean-Marc Gales as former CEO.
Who are the top competitors of Lotus Cars?
Lotus Cars's top competitors include Porsche, Rimac Automobili and Bugatti Automobiles.
What products or services does Lotus Cars offer?
Lotus Cars offers ELETRE, EMIRA, EMEYA, and EVIJA.
Who are Lotus Cars's investors?
Lotus Cars has 9 investors. Key investors include Santander, Toyota, Britishvolt, Proton, and Geely.
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