British luxury sports car manufacturer Lotus is facing a significant hurdle in its plans to bring its production closer to home. As the company considers building a new plug-in version of its Emira sports car in the UK, it's struggling to find a European partner to supply electric vehicle batteries. This localization push is crucial for Lotus, as it aims to reduce reliance on imports and meet tightening emissions targets. However, the search for a suitable battery supplier has proven challenging, casting uncertainty over the future of the Emira's UK production plans.
Lotus is having trouble finding a partner in Europe to build EV batteries that will help it localize production as it mulls building a new plug-in Emira sports car in the U.K.