Lotus sports car group eyes stock market float | Malay Mail

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LONDON, Feb 21 — Chinese-owned sports car maker Lotus is exploring plans for a stock market float to fund its global expansion and invest more in electric vehicles, the group said today. “We are considering” an initial public offering that would occur “in a window of 12-24 months” to...

LONDON, Feb 21 — Chinese-owned sports car maker Lotus is exploring plans for a stock market float to fund its global expansion and invest more in electric vehicles, the group said today.

The IPO could take place in Hong Kong, London or New York, while the total amount has yet to be determined, it added. The news comes after Lotus revealed it had enjoyed the best annual sales for ten years in 2021, selling some 1,710 new vehicles.

 

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