Lotus Technology ( (LOT) ) has provided an update.
On April 8, 2025, Lotus Technology Inc. announced significant changes to its management team and board of directors. Daxue Wang has been appointed as the new Chief Financial Officer, succeeding Alexious Lee, who resigned for personal reasons but will remain on the board. Additionally, Catherine Cai has joined the board as an independent director and a member of various committees, bringing extensive experience from the investment banking sector. These appointments are expected to strengthen Lotus Technology’s strategic positioning and enhance shareholder value as the company pursues its long-term vision.
Spark’s Take on LOT Stock
According to Spark, TipRanks’ AI Analyst, LOT is a Neutral.
Lotus Technology’s overall stock score reflects its substantial financial difficulties, including negative profitability and financial instability. While there are positive revenue growth and strategic expansions, these are overshadowed by poor technical indicators and unattractive valuation metrics.
To see Spark’s full report on LOT stock, click here.
More about Lotus Technology
Lotus Technology Inc. is a global leader in intelligent and luxury mobility, operating in the UK, EU, and China. The company focuses on delivering luxury lifestyle battery electric vehicles and is committed to advancing next-generation automobility technologies, including electrification and digitalization.
YTD Price Performance: -71.21%
Average Trading Volume: 208,681
Technical Sentiment Signal: Strong Buy
Current Market Cap: $938M
Learn more about LOT stock on TipRanks’ Stock Analysis page.