Luxury sports car manufacturer Lotus is reportedly scaling back its electric vehicle (EV) plans, prioritizing the development of a highly-anticipated supercar set to debut in 2028. According to sources, the company's focus has shifted from mass-producing EVs to creating a flagship model that showcases its engineering prowess. This strategic pivot comes as the global EV market continues to evolve, with many manufacturers struggling to balance profit margins with the high costs associated with electric vehicle production. As Lotus refocuses on its core strengths, fans of the brand are eagerly awaiting the unveiling of its new supercar, which promises to deliver unparalleled performance and style.
Lotus scales back EV plans, targets 2028 supercar launch Reuters
