---
title: "Lotus Tech's annual report released, European market surged by 179% year-on-year, contributing nearly 40% of global delivery volume"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236992828.md"
description: "Lotus Tech (Lotus Cars) released its 2024 financial report on April 22, with total vehicle deliveries exceeding 12,000 units, a year-on-year increase of over 70%, and total revenue of $924 million, a year-on-year increase of 36%. Among them, deliveries in the European market surged by 179%, becoming the largest market globally, contributing nearly 40% of the deliveries. The Chinese market contributed 25%, the North American market accounted for 21%, and other regions accounted for 15%, with a year-on-year growth rate of nearly 90%"
datetime: "2025-04-22T13:55:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236992828.md)
  - [en](https://longbridge.com/en/news/236992828.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236992828.md)
generator: "portal-rs"
---

# Lotus Tech's annual report released, European market surged by 179% year-on-year, contributing nearly 40% of global delivery volume

On the evening of April 22, Lotus Tech (Lotus Cars) announced its 2024 financial report, revealing that Lotus Cars' total vehicle deliveries for 2024 exceeded 12,000 units, a year-on-year increase of over 70%. Total revenue reached $924 million, a year-on-year growth of 36%. Among these, the European market surged by 179% year-on-year, contributing nearly 40% of global deliveries, becoming Lotus' largest market in 2024. China, as Lotus' second-largest market globally, contributed 25% of global deliveries. The North American market accounted for 21% of total global deliveries. Other regions (ROW) accounted for 15% of total deliveries for the year, with a year-on-year increase of nearly 90%

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**