Lotus Tech to Acquire Lotus UK; Adjusts 2026 Earnings Schedule

New York, USA - Lotus Technology Inc. (Nasdaq: LOT) has provided a significant update regarding its corporate strategy and financial reporting schedule for the 2026 fiscal year. The company is currently advancing the strategic acquisition of Lotus UK, a move intended to unify brand positioning, improve operational efficiency, and fully integrate resources under the One Lotus strategy.

Key Highlights

• Lotus Tech is actively working on the pre-acquisition and integration planning for Lotus UK, with the transaction expected to close in 2026.
• The company has announced a temporary suspension of financial earnings releases for the first and third quarters of 2026 to prioritize compliance and integration efforts.
• Lotus Tech remains committed to reporting financial results for the first half and full fiscal year of 2026.

The company emphasized that this reporting adjustment is a strategic decision to allocate resources efficiently during the integration process and does not impact underlying business operations. Lotus Tech continues to expand its global footprint, highlighting recent events such as the debut of new Emira models in New York, the unveiling of the Eletre X Black & Gold Limited Edition in Beijing, and the official entry of the Eletre into the Canadian market. These initiatives align with the broader Focus 2030 strategy designed to ensure long-term competitiveness and sustainability.