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British carmaker Lotus is planning a multibillion-pound flotation – The Times

Published by maria gbaf

Posted on February 21, 2022

1 min read

· Last updated: February 8, 2026

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Lotus car manufacturing plant in Hethel, representing British automotive innovation - Global Banking & Finance Review
The image shows the Lotus car manufacturing plant in Hethel, highlighting the British automaker's efforts towards a multibillion-pound flotation and expansion plans in China. This reflects Lotus's ambition to boost production and sales in the automotive industry.
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(Reuters) – British carmaker Lotus is planning a multibillion-pound flotation and the company is speaking to prospective investors, The Times reported, without citing the source of the information. Lotus is moving to open a production plant in China and is targeting annual sales of 100,000 by the end of the decade, the newspaper said. (Reporting […]

(Reuters) – British carmaker Lotus is planning a multibillion-pound flotation and the company is speaking to prospective investors, The Times reported, without citing the source of the information.

Lotus is moving to open a production plant in China and is targeting annual sales of 100,000 by the end of the decade, the newspaper said.

(Reporting by Anirudh Saligrama in Bengaluru; editing by Grant McCool)

Frequently Asked Questions

What is a flotation?
A flotation is the process of a company offering its shares to the public for the first time, allowing it to raise capital from investors.
What is market capitalisation?
Market capitalisation refers to the total market value of a company's outstanding shares, calculated by multiplying the share price by the total number of shares.
What is an investor?
An investor is an individual or institution that allocates capital with the expectation of generating a financial return.
What is annual sales target?
An annual sales target is a specific revenue goal set by a company for a fiscal year, guiding its sales strategies and performance expectations.
What is a production plant?
A production plant is a facility where goods are manufactured or assembled, often equipped with machinery and labor to facilitate production.

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