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The latest announcement is out from Lotus Technology ( (LOT) ).
Lotus Technology Inc. has officially launched its new For Me hyper SUV, known as Eletre X in Europe, in Beijing on March 29, 2026, marking the first mass-produced Lotus to use the X-Hybrid Architecture. Offered in Standard and Special Editions priced at RMB508,000 and RMB558,000, respectively, the model pairs hypercar-level performance with extended range and everyday practicality, with deliveries beginning March 30, 2026.
Built on a 900V platform with a high-discharge battery, 2.0T engine and generator, For Me delivers 952 horsepower, rapid acceleration even at low charge, a pure electric range of 420km and a total range exceeding 1,400km, targeting drivers concerned about performance and charging anxiety. The SUV reinforces Lotus’s performance heritage through extensive lightweight engineering, advanced chassis and aerodynamics, and integrates NVIDIA Thor–based ADAS validated to global standards, underscoring the brand’s ambition to compete at the top of the global luxury performance SUV market while broadening its appeal to family and lifestyle users.
The most recent analyst rating on (LOT) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Lotus Technology stock, see the LOT Stock Forecast page.
Spark’s Take on LOT Stock
According to Spark, TipRanks’ AI Analyst, LOT is a Neutral.
Lotus Technology’s overall stock score is primarily impacted by its poor financial performance, characterized by negative profitability and cash flow issues. While there are some positive signals from the earnings call, such as improved margins and strategic initiatives, these are overshadowed by significant year-on-year declines in key metrics and a challenging valuation profile.
To see Spark’s full report on LOT stock, click here.
More about Lotus Technology
Lotus Technology Inc. is a global intelligent and luxury mobility provider with operations across the UK, EU and China. The company focuses on luxury lifestyle electric vehicles and invests heavily in next-generation automobility technologies, including electrification and digitalization, targeting the premium EV and high-performance SUV segments worldwide.
Average Trading Volume: 137,514
Technical Sentiment Signal: Sell
Current Market Cap: $744.5M
Learn more about LOT stock on TipRanks’ Stock Analysis page.