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

Wallstreetcn
Apr 22, 2025 at 01:55 PM

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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