Lotus Tech Completed Acquisition of 100% Equity Interest of Lotus Advance Technologies, Integrating All Businesses and Operations Under One Lotus
Lotus Tech completed the acquisition of 100% equity interest in Lotus UK following the exercises of put options by Geely and Etika.Lotus becomes one integrated global business under One Lotus with legendary British heritage and next-generation electrified mobility technologies.The integration is expected to unify the brand globally, accelerate collaboration, streamline governance and support long-term growth. NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (NASDAQ:LOT) ("Lotus Tech" or the "Company"), a leading global intelligent and luxury mobility provider, today announced that it completed the acquisition of 100% of the equity interests in Lotus Advance Technologies S