Eugene Hsiao's questions to Lotus Technology (LOT) leadership • Q2 2025
Question
Eugene Hsiao of Macquarie Capital asked for details on the 'One Lotus' strategy, the planned integration with Lotus UK following a put option exercise, and the expected synergies from the merger.
Answer
CEO Qingfeng Feng explained that the 'One Lotus' strategy aims to merge Lotus UK (sports cars) and Lotus Tech (lifestyle vehicles) to enhance efficiency. He highlighted technological synergies, such as Lotus UK adopting Lotus Tech's hyper hybrid solution. Post-merger, Lotus UK will focus on high-performance engineering services, while Lotus Tech will lead in intelligence and electrification. Feng stated the board has approved the plan, with the deal expected to close by year-end 2025 or Q1 2026.