Lotus Update: Details About the 1,000-HP Type 135 Esprit and More
We’ve got more on the Geely-owned company’s new supercar, and plans for its Hethel plant.
Another day on this Earth that Lotus still exists is another day worth celebrating. Changing hands nearly half a dozen times in the last 40-something years, the scrappy British automaker has been tethered to the global Chinese giant, Geely, since 2017. Under its stewardship, Lotus is not only surviving, but there are big plans in store for it, as well.
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More on the Type 135
As any good investor knows, diversification is important. Lotus has made a powerful name for itself with small, sporty gasoline-driven cars and has assured us it will keep building wonderful things like the Lotus Emira. But to compete in today’s widespread global market, electrification must be part of its portfolio. That’s where the all-electric Eletre SUV and Emeya sedan come in—despite, of course, the present situation tariff and regulatory situation with Chinese goods that stops Lotus from selling them in the U.S.
Lotus previously pledged to go fully electric. However, it has since retooled that goal to include hybrids as part of its Focus 2030 business strategy, and it now offers the Eletre X hybrid in the Chinese market as the Lotus For Me. The SUV goes on sale in Europe late this year.
This move is driven (sorry) by customer preference, Group Lotus vice president of design Ben Payne told MotorTrend in a recent interview. “We’re looking at still making that transition toward electrification, but [doing so in a way that’s] more in line with customer expectations,” he said. “We see hybrid as a fantastic solution for us at this point in time, and how we can balance where people really are and what the market really wants from a brand like Lotus. Drivetrain diversity is giving us that flexibility, given the shifting landscape.”
Notably, Lotus is launching a new hybridized 1,000-hp V-8 in its upcoming Type 135 supercar that may or may not be the reborn Esprit. The company has not confirmed the car’s official production name, though we’ll note the Esprit was the last Lotus to have a V-8.
“Type 135 is reinstating this multi-powertrain strategy,” Payne said. “It’s something which is a heritage connection for us. The Esprit was also available in the V-8 powertrain. We hear the voice of the customer again saying they would quite like a more powerful product. Our brand value is being something which people love, providing cars which are amazing to drive, a fantastic experience. There’s a certain group of people that find that that’s also linked to high-output engines, and V-8s are something which are synonymous with a wonderful sports car driving experience. We believe that to be the right decision for the next generation of sports car.”
In an August 27 earnings call, Lotus CEO Qingfeng Feng shed some more light on the Type 135. Not only will it have a hybrid V-8, but a hybrid V-6 will be available, as well. Lotus sees the Type 135 to sit between the Emira and the Evija EV hypercar.
“The Type 135 will fill the gap between the Emira and the Evija,” Feng said. “Preserving the emotional connection Emira owners have with the Lotus mechanical handling while leveraging V-8 hybrid technology to approach the technical benchmark set by the Evija.”








