The wrap
THIS MONTH IN BRIEF
LOTUS BREAKS SALES RECORD, BUT…
On the face of it, Lotus Technology making revenues of $1.014bn in 2023 is an incredible achievement. It also smashed existing records in having delivered 6790 cars in the calendar year. At no point in Lotus’s 76-year history has it come close to that. There is a catch though. The company posted a net loss of $1.132bn. Still, the company believes its
