Jump to content


SEARCH

0

Lotus wants to increase its workforce as part of its expansion plans

By Faiming_low on 14 May 2019 in Other News

Attached Image Thanks to its Chinese owner Geely, Lotus now has the resources to expand and is looking to add 200 new engineers to its workforce as part of its plan to increase production.

As reported by The Telegraph, the British sports car company plans to triple production to 5,000 cars a year and will also open an engineering center in the Midlands.


It will also be launching a hypercar dubbed ‘Type 130’ that will be unveiled later this year. The hypercar will have an output of around 1000bhp and will be powered by an all-electric powertrain developed by Williams Advanced Engineering.
Back in 2017, Geely bought over Lotus as part of a £100 million (S$177 million) deal and its boss, billionaire Li Shufu aims to turn Lotus around and make it a credible rival to the world’s best supercar makers.

Viewed: 64 times

Faiming_low
Written by Faiming_low
Since young, Fai Ming has always centered his life around cars. In fact his first word was 'car' and not 'mum' or 'dad'. Aren't kids cute?



 
Car Makes

Please select a car make

Facebook Likes
   Featured Blog Post
Photo
The MCF Hangout with Jetabout Holidays, held at CoSpace at Science Park, offered attendees a tast...
POPULAR BLOG POSTS
Photo
Here is a sneak peek at Hyundai's latest and smallest crossover model, the Venue. The car is...
Photo
Koenigsegg’s founder and CEO Christian von Koenigsegg revealed that he managed to buy back is fir...
Photo
Bugatti has just released a new video of its 3D-printed titanium caliper. The video shows how we...
Photo
Porsche is rewarding its employees with a €9,700 (S$14,800) bonus after a successful 2018 fi...
Photo
A photo of the upcoming 992 generation Porsche 911 Turbo has been leaked onto the internet. Could...
   Lifestyle Articles