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Lotus Technology Reports Unaudited Half Year 2026 Financial Results

Globe Newswire•27/08/2026•06:00 ET
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* Operational and financial results demonstrate early progress of Focus 2030 strategy. * Successful launch of the first PHEV model contributed to 39% YoY growth in deliveries to 3,904 vehicles. * Total revenues of $268 million, up 23% YoY, driven by strong momentum in the China market. * Gross margin expanded to 10%, supported by an optimized product mix. * Operating loss narrowed by 63% YoY, driven by cost discipline, improving operating leverage, and a one-off license fee refund. * Lotus Tech has completed the acquisition of 100% equity interest of Lotus UK, integrating all businesses and operations under One Lotus. * Continued shareholder support with $128 million in funding. NEW YORK, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (Nasdaq: LOT) (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the half year ended June 30, 2026.

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