Lotus expands significantly in China to rival Porsche

Lotus expands significantly in China to rival Porsche

Lotus will compete with Porsche in China. Lotus unveiled plans for seventy new showrooms in the country on Tuesday. The new factory in Wuhan city will also be put into operation next year.

About 2,000 SUVs should roll off the production line at the Wuhan plant next year, after which production should reach 20,000 by 2023. According to Lotus, they come in the same price segment as the sports cars from Porsche and slightly above that of BMW and Audi.