Lotus Technology to acquire 51% equity interest of Lotus Advance Technologies and integrate all business under Lotus brand
Lotus Technology Inc., a leading global intelligent and luxury mobility provider, today announced that Geely International Limited exercised its put option on April 14, 2025, requiring us to purchase 51% of the equity interests in Lotus Advance Technologies Sdn Bhd held by Geely pursuant to the Put Option Agreement dated January 31, 2023 between the parties The post Lotus Technology to acquire 51% equity interest of Lotus Advance Technologies and integrate all business under Lotus brand appeared first on Automotive World.
Lotus Technology Inc., a leading global intelligent and luxury mobility provider, today announced that Geely International Limited exercised its put option on April 14, 2025, requiring us to purchase 51% of the equity interests in Lotus Advance Technologies Sdn Bhd held by Geely pursuant to the Put Option Agreement dated January 31, 2023 between the parties
The post Lotus Technology to acquire 51% equity interest of Lotus Advance Technologies and integrate all business under Lotus brand appeared first on Automotive World.
