Lotus Technology (LOT.US) 2025 Financial Report: Loss narrows by 46%, driven by globalization and service revenue growth, improving growth quality.

On April 10th, LOTUS Technology, a leading global high-end Deluxe Corporation electric vehicle manufacturer, officially announced its unaudited financial performance for the fourth quarter and full year of 2025: LOTUS Technology delivered a total of 6520 Lotus brand cars in 2025, achieving a total revenue of 519 million US dollars. Among them, service revenue increased by 69% year-on-year to over 56 million US dollars; the gross profit margin for the full year was 9%, operating losses narrowed by 46% year-on-year, and operational quality continued to improve. Data shows that the delivery volume of LOTUS Technology in 2025 was mainly driven by the Chinese and European markets, with the delivery volume in the Chinese market outpacing the high-end automotive segment market. Overseas market sales accounted for 55% of the overall sales, demonstrating a strong global brand appeal. By the end of December 2025, the company had established 211 sales outlets globally, covering Europe, China, North America, and other markets, forming a balanced global distribution system. The company plans to further advance the construction of its global sales network in 2026. With a highly competitive product portfolio and global presence, LOTUS Technology is accelerating the release of its growth potential. In March 2026, the company officially launched its first super hybrid model, the new Lotus For Me, which has been listed and delivered in China. The repeat purchase rate for existing customers is as high as 20%, with new customers accounting for 50%. In the second half of the year, the Lotus For Me will gradually be introduced to the global market, with plans to launch bulk sales or pre-sales in the EU and Middle East markets throughout the year. Beyond operational aspects, LOTUS Technology continues to strengthen its "systematic capabilities." Over the past year, the company has made simultaneous progress in event operations, technical certification, capital cooperation, and brand building: the inaugural LOTUS CUP CHINA Lotus Cup China single-brand race concluded and opened a new season, continuously strengthening the sports genes and user stickiness; receiving a $23 million investment from Yibakon, providing resource support for differentiated smart cabins; Eletre becomes the first and only Chinese-made electric vehicle to receive European UN R171.01 certification, laying a foundation of technical trust for the European high-end market; partnering with Haus of Automotive to return to Milan Design Week, steadily enhancing the global Deluxe Corporation's positioning. With multidimensional synergy, the brand is advancing from product strength to systematic strength. Looking to the future, LOTUS Group CEO Feng Qingfeng said: "Despite external challenges facing the company, we continue to increase investment in technology, optimize product portfolio, and maintain leading driving capabilities. With our global footprint, we have become the second car manufacturer globally to receive UN R171.01 certification, and our first PHEV model further enriches our powertrain options. Next, we will accelerate the global delivery of Lotus For Me, advance new vehicle development and listing, deepen our global channel layout, and continue to enhance brand influence."