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Chinese Majority Owned Lotus Announce EV Sports Car Venture With Renault’s Alpine

By Ding Yi / Jan 15, 2021 02:10 PM / Business & Tech

Geely owns a number of international brands including Volvo and Lotus

Geely owns a number of international brands including Volvo and Lotus

Lotus, a British sports car brand majority owned by Chinese automaker Geely, has announced a partnership with Renault’s Alpine brand to co-develop an electric sports vehicle, a move that comes as Geely heavily invests in battery-powered car research and production.

The two partners will conduct a feasibility study for the joint engineering, design and development of the car by leveraging their respective resources, expertise and facilities, Lotus said in a statement on Thursday.

The statement did not provide details about the electric sports car, but many auto media outlets said that the partnership with Alpine, which has a strong motorsports pedigree in rallying and endurance racing, could be seen as a major step in Lotus’ plans to expand its electric vehicle offering.

In 2019, Geely said that it planned to start making Lotus-branded sports cars in a Chinese based factory, which is scheduled to be completed by 2021, a move widely believed as Geely’s intention to tap the country’s upscale market.

Contact reporter Ding Yi (

Related: Foxconn, Geely Plan Venture to Make Cars for Other Automakers

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