On August 18, according to the Hubei Provincial Department of Ecology and Environment, the Lotus Cars production project, which is controlled by Geely Holdings, will start production in Wuhan in 2022. The first model is a medium to large-sized pure electric SUV named Lambda, which is also the first SUV of the brand. The production capacity in 2022 will reach 20,000 units.
Lotus Lambda will be based on the Volvo SPA platform and will provide two versions: 4-seater and 5-seater. In terms of power, the fuel version of Lambda is expected to be equipped with the Volvo 2.0T engine. The pure electric version Lambda will adopt front and rear dual motors, with a comprehensive maximum power of 550 kW, a comprehensive peak torque of 710 N·m and 1140 N·m respectively, and a NEDC range of 579 km. We can expect the actual performance of Lotus Cars when it is launched in China.
The length of Lotus Lambda reaches 4900 mm, and the wheelbase is 2999 mm, which is comparable in size to the BMW X5. The power is available in three forms: fuel, hybrid, and pure electric. The main competitors of Lambda in the Chinese market will be the BMW X5 (including the iX5), Mercedes-Benz GLE, Porsche Cayenne, Tesla Model X, and other models.
In addition to Lambda, Lotus Cars will also produce two pure electric models, Sigma and Alpha, in China in 2023 and 2024, respectively.
Previously, Geely announced a total investment of 9.044 billion yuan in its Wuhan factory, which began construction in early 2019 and was completed by the end of 2021.
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.