Lotus Technology inc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lotus Technology Inc. reports robust Q3 performance and outlines ambitious growth plans

Lotus Technology Inc. demonstrated strong performance in Q3 2024 with notable revenue and delivery growth, driven by a focus on EVs and intelligent driving technologies.
While facing challenges in gross profit margin and operational efficiency, the company outlined clear strategies for future growth and profitability.
By capitalizing on opportunities in the EV market, expanding market presence, and investing in advanced technologies, Lotus aims to achieve its ambitious sales and margin targets by 2026.

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Lotus Technology, Inc. engages in the design, development, and sale of battery for electronic vehicles through its subsidiaries. It also sells luxury sports cars under the Lotus brand. The company was founded on August 9, 2021 and is headquartered in Shanghai, China.

Lotus Technology reported a sequential surge in quarterly revenue on Monday, less than two months after going public, due to strong demand for its luxury electric cars.

EV firm Lotus Tech reports quarterly revenue jump on strong demand for luxury cars

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. The results reflect steady progress in the Company's execution of its Vision80 strategy to become an all-electric, intelligent and luxury mobility provider before Lotus's 80th anniversary in 2028.

Lotus Technology Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Lotus Technology (NASDAQ: LOT) stock price will be in focus this week as the company publishes its first earnings as a publicly traded company. The management will hope that these earnings will boost a stock, which has plunged by over 58% from its highest level in February, erasing almost $2 billion in value.

Lotus Technology (LOT) stock is risky: will earnings change that?

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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.

Lotus Technology to Report Unaudited Fourth Quarter and Full Year 2023 Financial Results on April 8, 2024

NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of Lotus Technology Inc. Lotus Technology Inc. (NASDAQ: LOT) is a leading global luxury electric vehicle maker dedicated to delivering sustainable luxury mobility via research and development of proprietary next-generation technologies, including in autonomous driving, lightweight engineering, and high-performance architectures.* In addition to specializing in.

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Lotus Technology Inc.

L Catterton Asia Acquisition Corp

NEW YORK and SINGAPORE , Feb. 23, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, rang today's opening bell at the Nasdaq stock exchange in New York City in celebration of its public listing. The Company's American depositary shares ("ADSs") commenced trading today on the Nasdaq Stock Market LLC ("Nasdaq") under the ticker symbol "LOT" following the completion of its business combination on February 22, 2024 with L Catterton Asia Acquisition Corp ("LCAA"), a special purpose acquisition company ("SPAC") formed by affiliates of L Catterton, a leading global consumer-focused investment firm.

Lotus Technology Celebrates Public Listing on Nasdaq

Shares of Lotus Technology closed up 2% in their Nasdaq debut on Friday, recouping earlier losses, after the luxury electric car maker completed its merger with a blank-check acquisition company backed by private equity firm L Catterton.

EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger

NEW YORK and SINGAPORE , Feb. 22, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, and L Catterton Asia Acquisition Corp ("LCAA") (NASDAQ: LCAA), a special purpose acquisition company formed by affiliates of L Catterton, a leading global consumer-focused investment firm, today announced the completion of their previously announced business combination ("Business Combination"). The listed company following the Business Combination is "Lotus Technology Inc." and its American depositary shares ("ADSs") are expected to commence trading on the Nasdaq Stock Market LLC ("Nasdaq") under the ticker symbol "LOT" on February 23, 2024.

Lotus Tech and L Catterton Asia Acquisition Corp Complete Business Combination

News for Lotus Technology inc Stock (LOT)