Lotus Unleashes Emeya, a Porsche Panamera-Like Electric Sedan

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The EV business leaning into British sports-car heritage is poised to go public with product momentum in its favor.

-- The next electric-vehicle maker poised to merge with a blank-check company will go public with some product momentum working in its favor.

The Emeya will accelerate from zero to 62 miles per hour in under 2.8 seconds, roughly in line with Porsche’s electric Taycan Turbo S. Its battery can be replenished with 93 miles of range in about five minutes, and the car can get to an 80% charge within 15 minutes. “There are lots of brands going into electrification, but they have no history, no heritage, no brand,” said Mike Johnstone, a former Volvo executive tapped to lead Lotus’s global commercial operations early this year. “They’ve got brilliant products, great technology, but still a product really living on the basis of price and specification.”

Lotus expects to surpass its previous peak annual deliveries of just under 5,000 vehicles by next month, driven by demand for the Eletre electric SUV the company has been selling in China since late March. Deliveries to customers in the UK and Europe are imminent.

 

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