Lotus Technology’s Lotus Robots achieved total contract value of approx $130M

Lotus Technology (LOT) announced that Lotus Robotics, a subsidiary of the Company, has to date achieved a total contract value of approximately US$130 million for its intelligent driving solutions, symbolizing a significant driver for the long-term and sustainable growth of the Company. “The delivery of intelligent vehicles will continuously enhance the development and geographic adoption of our proprietary technology to capitalize on the thematic growth trend,” said Qingfeng Feng, CEO of Lotus Tech. “Partnering with leading players around the world highlights our commitment to delivering reliable intelligent driving solutions for modern mobility, and strengthens the Company’s overall growth outlook.”